$530,000
SOLD APR 7, 2025

5487 Balsam Ct Unit 28 Arvada, CO 80002

3 Beds
3 Baths
2,204 Sq Ft
$390/mo HOA Fee

Recently Sold

$240 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Vaulted Ceiling
  • Mountain View
  • Property is near public transit
  • Corner Lot

About This Home

As of April 2025

This charming 3 bed, 3 bath Arvada home boasts a spacious floor plan featuring a very rare main floor primary suite with walk in closet. Charming living room and kitchen you can enjoy your fireplace and views of the mountains.  The living area sits opposite the remarkable kitchen with spotless stainless-steel appliances, a deep kitchen sink, large pantry, and adjacent laundry closet with washer and dryer included. The private basement affords over 1,000 square feet of additional living and storage space, bringing added value to the home.  With a remarkable quaint backyard that provides a sanctuary for gardening and also enjoying the cool evening on your deck.  Rare opportunity to buy a Ranch style end unit! The home has been recently updated including a brand-new furnace and AC in 2020 and double hung windows in 2021.  The two-car attached garage and private driveway provide ample space for storage and parking. With an easy 3-minute commute to the Arvada light rail station and near the heart and soul of the unique historic Old Town Square this is a prime spot where fresh new ideas are intermingled offering seasonal Sunday farmers market, quaint shops, craft breweries and delicious dining. If you are looking for a great property at a great price this, is it!

Last Agent to Sell the Property

Motenia Rose-Deaver

RE/MAX Professionals Brokerage Email: mrdteam@hotmail.com,303-980-7854 License #001315892 Listed on: 02/16/2025

RE/MAX Professionals

Last Buyer's Agent

Chase Huddleston

Coldwell Banker Global Luxury Denver License #100067767

Coldwell Banker Global Luxury Denver

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 2000

Lot Details

  • 1,307 Sq Ft Lot
  • 1 Common Wall
  • Northwest Facing Home
  • Property is Fully Fenced
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • 1 Bedroom in Basement

Home Security

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Location

  • Ground Level
  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Staging and sellers personal items
  • Assessor Parcel Number 433934

Community Details

Overview

  • Association fees include maintenance structure, recycling, sewer, trash, water
  • Advance HOA Management Association, Phone Number (303) 482-2213
  • Old Town Arvada Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,593

Year Built

Built in 2000

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Levels: One
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1182
  • Entry Location: Ground
  • Exclusions: Staging and sellers personal items
  • Living Area: 2204
  • SubdivisionName: Old Town Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.99065
  • Attribution Contact: mrdteam@hotmail.com,303-980-7854
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Five Piece Bath, High Speed Internet, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Common Walls: 1 Common Wall
  • Basement: Finished, Full
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1022
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Window Coverings, Window Treatments

Exterior Features

  • Direction Faces: Northwest
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • View: Mountain(s)
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Oversized
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Recycling, Sewer, Trash, Water
  • Association Name: Advance HOA Management
  • Association Fee Frequency: Monthly
  • Association Fee: 390
  • Phone: 303-482-2213
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4680.00
  • REC_AssociationFeeTotalAnnual: 4680.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.advancehoa.com

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 433934
  • Lot Size Acres: 0.03
  • Fencing: Full
  • Building Area Total: 2204
  • Lot Features: Corner Lot, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2593

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2025
Closed on
Apr 7, 2025
Sold by
Mcdonnell Susan K
Bought by
Casebier Edward Charles and Sin Kirida
Seller's Agent
Motenia Rose-Deaver
RE/MAX Professionals
Buyer's Agent
Chase Huddleston
Coldwell Banker Global Luxury Denver
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Views
61
Current Estimated Value
$529,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$155
Avg. Annual Appreciation
-0.36%
Original Mortgage
$477,000
Outstanding Balance
$475,763
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$53,443

Purchase Details

Closed on
Apr 21, 2010
Sold by
Bennett Kenneth W and Turk Bennett Christine L
Bought by
Mcdonnell Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2002
Sold by
Eichman Harold C and Eichman Carol J
Bought by
Bennett Kenneth W and Turk Bennett Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.33%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Wycolff Construction Inc
Bought by
Eichman Harold C and Eichman Carol J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 Colorado Professionals Title
Warranty Deed $197,000 Land Title Guarantee Company
Warranty Deed $202,500 Chicago Title Co
Warranty Deed $162,419 Empire Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Previous Owner $126,000 New Conventional
Previous Owner $25,000 Stand Alone Second
Previous Owner $134,500 New Conventional
Previous Owner $133,000 New Conventional
Previous Owner $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $530,000 -0.9% $240 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/16/2025 02/16/25 For Sale $535,000 -- $243 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

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 $2,593 $33,429 $7,236 $26,193
2023 $2,593 $33,429 $7,236 $26,193
2022 $1,787 $25,193 $5,004 $20,189
2021 $2,508 $25,918 $5,148 $20,770
2020 $2,443 $25,319 $4,290 $21,029
2019 $2,410 $25,319 $4,290 $21,029
2018 $2,107 $21,519 $3,600 $17,919
2017 $1,929 $21,519 $3,600 $17,919
2016 $1,790 $18,809 $2,706 $16,103
2015 $1,468 $18,809 $2,706 $16,103
2014 $1,468 $14,503 $2,229 $12,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5861654

REcolorado®

APN: 39-142-05-051