$525,000
SOLD MAR 17, 2025

5498 Balsam Ct Unit 36 Arvada, CO 80002

2 Beds
2 Baths
1,444 Sq Ft
$399/mo HOA Fee

Recently Sold

$364 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Bonus Room
  • Open Floorplan
  • Wood Flooring
  • End Unit

About This Home

As of March 2025

Convenient main-floor living meets a low-maintenance lifestyle in this updated, end-unit townhome just moments from Olde Town Arvada! With the HOA handling all maintenance, you can simply move right in and start enjoying your new space. Inside, the main living area has been freshly painted for a crisp, move-in-ready feel while raw oak hardwood floors and a gas log fireplace add warmth and character. In the remodeled kitchen, you'll find gorgeous granite countertops, a chic tile backsplash, and stainless steel appliances, including a high-end convection oven and a brand-new refrigerator. Your primary is a true retreat, featuring a spacious walk-in closet and an updated, en-suite bath with an oversized shower and luxurious heated floors for chilly mornings. The unit's second bedroom is good-sized and light-filled, and a secondary bath has been refreshed with a new vanity, granite countertop, and fixtures. Living in one of just a few end units also gives you a rare and sizable, private backyard complete with a patio and perennials, including several rose bushes. Completing the home is an attached, two-car garage. Feel free to leave your vehicle at home and head to Olde Town to enjoy charming shops, dining, and entertainment. Catch the G Line to Union Station and explore the city, or check out two wonderful neighborhood parks less than 0.4 miles away, including Terrace Park Dog Park. Don’t miss out on modern living in a prime location!

Last Agent to Sell the Property

Kate Otto

Porchlight Real Estate Group Brokerage Email: kate.otto@porchlightgroup.com,303-915-7310 License #100067797 Listed on: 02/22/2025

Porchlight Real Estate Group

Last Buyer's Agent

Heidi Burtoni

Keller Williams Avenues Realty License #100083938

Keller Williams Avenues Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • West Facing Home
  • Property is Fully Fenced
  • Private Yard

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Home Office
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Basement Window Egress

Schools

  • Lawrence Elementary School
  • North Arvada Middle School
  • Arvada High School

Additional Features

  • Smoke Free Home
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Sellers personal property, staging items
  • Assessor Parcel Number 433093

Community Details

Overview

  • Association fees include reserves, exterior maintenance w/out roof, ground maintenance, recycling, sewer, snow removal, trash
  • Advance HOA Management Association, Phone Number (303) 482-2213
  • Park Slope Community
  • Olde Town Arvada Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,048

Year Built

Built in 2000

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Patio
  • Levels: One
  • Building Name: Park Slope
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1207
  • Exclusions: Sellers personal property, staging items
  • Living Area: 1444
  • Pets Allowed: Yes
  • Directions: Use GPS
  • SubdivisionName: Olde Town Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 798.00
  • REC_ExpectedActiveDate: 2025-02-22
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 1.00962
  • Attribution Contact: kate.otto@porchlightgroup.com,303-915-7310
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Open Floorplan, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Stone, Wood
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Common Walls: End Unit
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 237
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Egress Windows

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Private Yard
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Exterior Maintenance w/out Roof, Maintenance Grounds, Recycling, Sewer, Snow Removal, Trash
  • Association Name: Advance HOA management
  • Association Fee Frequency: Monthly
  • Association Fee: 399
  • Phone: 303-482-2213
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4788.00
  • REC_AssociationFeeTotalAnnual: 4788.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: North Arvada

Lot Info

  • Parcel Number: 433093
  • Fencing: Full
  • Building Area Total: 2242

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3048

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Mar 17, 2025
Sold by
Otto Rosalie Marie
Bought by
Easterling Elizabeth
Seller's Agent
Kate Otto
Porchlight Real Estate Group
Buyer's Agent
Heidi Burtoni
Keller Williams Avenues Realty
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Views
14
Current Estimated Value
$521,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,077
Avg. Annual Appreciation
-1.50%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Dawson Debra
Bought by
Otto Rosalie Marie

Purchase Details

Closed on
Feb 20, 2007
Sold by
Shriver Kimetha Sue
Bought by
Dawson Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Coy Dorothy L
Bought by
Shriver Kimetha Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.81%
Mortgage Type
Balloon

Purchase Details

Closed on
May 25, 2000
Sold by
Remax Alliance
Bought by
Huffman Russell G and Huffman Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10%
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
Special Warranty Deed $525,000 Land Title
Warranty Deed $235,000 Land Title Guarantee Company
Warranty Deed $190,000 Fahtco
Warranty Deed $190,000 Title Services
Contract Of Sale $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $15,000 Credit Line Revolving
Previous Owner $184,500 New Conventional
Previous Owner $190,000 Purchase Money Mortgage
Previous Owner $143,000 Unknown
Previous Owner $115,500 Unknown
Previous Owner $100,000 Balloon
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $525,000 +1.0% $364 / Sq Ft
02/22/2025 02/22/25 For Sale $520,000 -- $360 / 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 $3,048 $31,423 $7,236 $24,187
2023 $3,048 $31,423 $7,236 $24,187
2022 $2,338 $23,874 $5,004 $18,870
2021 $2,377 $24,561 $5,148 $19,413
2020 $2,278 $23,609 $4,290 $19,319
2019 $2,248 $23,609 $4,290 $19,319
2018 $2,005 $20,480 $3,600 $16,880
2017 $1,836 $20,480 $3,600 $16,880
2016 $1,712 $17,989 $2,706 $15,283
2015 $866 $17,989 $2,706 $15,283
2014 $1,438 $14,201 $2,229 $11,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6687668

REcolorado®

APN: 39-142-05-022