$205,000

5225 Balsam St Unit 5 Arvada, CO 80002

Estimated payment $1,556/month

Total Views 72,275
2 Beds
1 Bath
762 Sq Ft
$269 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Private Yard
  • Dining Room
  • Wood Flooring
  • Living Room
  • 5-minute walk to Griffifth Station Park

About This Home

**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust (ECLT)*****Presenting this renovated condominium located in Arvada, an ideal place to call home. This two-bedroom, one-bathroom, two-story unit features a bright and spacious living room that bathes the main floor in natural light. The kitchen, complete with a large island, provides plenty of countertop space for cooking and dining. It also includes brand new black stainless steel appliances, such as a refrigerator, dishwasher, stove, and microwave. Furthermore, the main level has a generous storage area conveniently located under the stairs. The end-unit offers a private patio surrounded by a fence, perfect for gatherings and entertainment. Upstairs, you will find two bedrooms and a full bathroom. Just a short walk from vast open spaces and parks, this home provides easy access to shopping and is only one mile from Olde Town Arvada.

Listing Agent

Merima Brkic

Invalesco Real Estate Brokerage Phone: 303-304-3888 License #100072885 Listed on: 04/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1962

Lot Details

  • 1 Common Wall
  • Private Yard

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 762 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lawrence Elementary School
  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Property held in a trust
  • Assessor Parcel Number 154475

Community Details

Overview

  • Association fees include reserves, exterior maintenance w/out roof, ground maintenance, maintenance structure, road maintenance, sewer, snow removal, trash, water
  • Vista Management Association, Phone Number (303) 429-2611
  • Low-Rise Condominium
  • Westpark Condos Subdivision
  • Community Parking

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,324

Year Built

Built in 1962

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 762
  • Exclusions: Seller's personal property
  • Living Area: 762
  • SubdivisionName: WestPark Condos
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Attribution Contact: 303-304-3888
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • Association Name: Vista Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Coin Laundry, Parking
  • Association Fee: 363
  • Phone: 303.429.2611
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4356.00
  • REC_AssociationFeeTotalAnnual: 4356.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.vistamgmt.com

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 154475
  • Building Area Total: 762

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1324

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $935 $9,381 $6,332 $3,049
2023 $935 $9,381 $6,332 $3,049
2022 $1,324 $13,205 $4,379 $8,826
2021 $1,344 $13,585 $4,505 $9,080
2020 $1,240 $12,548 $4,290 $8,258
2019 $1,223 $12,548 $4,290 $8,258
2018 $726 $7,236 $3,600 $3,636
2017 $665 $7,236 $3,600 $3,636
2016 $685 $7,005 $5,572 $1,433
2015 $752 $11,319 $5,572 $5,747
2014 $752 $7,228 $2,229 $4,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $205,000 -- $269 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $53,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $70,400 Unknown
Closed $26,000 Seller Take Back
Previous Owner $27,000 Seller Take Back
Source: Public Records

Source: REcolorado®

MLS Number: 5397117

REcolorado®

APN: 39-142-11-025