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Backup Offers

5465 Balsam St, Arvada, CO, 80002

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
2 Partial Baths
2,200 SqFt
$330/SqFt
House
Schools Nearby

Location

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5465 Balsam St, Arvada$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1960
HeatingBaseboard, Natural Gas, Radiant
CoolingEvaporative Cooling
BasementYes
FireplaceFamily Room, Living Room
MLS #2108332
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Pending)

About 5465 Balsam St

The Ultimate 'House Hack' in the Ultimate Location! This Updated Olde Town Arvada Walkout Ranch Provides Incredible Investment Opportunity with an Array of Options OR if You are Seeking a Multi-Generational Living Option, Look no Further! This Up/Down Duplex-Styled Plan Features a Standalone Upper Level of 1200+ Square Feet with Two Bedrooms + Fully Updated Full Bath. Enjoy a Gourmet Kitchen with Ample Storage, Maple Cabs, Brand New Quartz Countertops and Brand New Subway Backsplash. The Dining Area Looks Out over the Spacious, Sun Soaked Private Patio with Flower Beds Awaiting Summer BBQs Galore. The Oversized Family Room/Great Room Features a Modern Painted Brick Fireplace. You'll Also Find Gleaming, Newly Finished Hardwood Floors Throughout the Main Living and Bedroom Areas. The Walk Out Lower Level with Separate Entry Adds Nearly 1000 Square Feet and Includes a Petite-Sized Full Kitchen with Breakfast Bar, Also with New Quartz Tops. This Unit Adds Sunny Living Area and Conforming Bedroom + Recently Updated 3/4 Bath and Laundry Area. Great Opportunity for the Home Owner Wanting to Live in One Unit While the 2nd Cash Flows and Pays the Mortgage or Use Both Units as Either Long Term or Short Term Rentals! Pre-Existing Interior Stairs Connecting Both Units are Still in Place so New Owner has Option to Convert Back to Single Family Sooner or in the Future. Topping the List of Amenities is the Home's Location Only 1/2 Mile to Heart of Historic Downtown Arvada's Dining, Retail, Shopping, Wineries, Breweries and, of course, Olde Town Light Rail Station with Direct Access to Downtown Denver. Easy Access to I-70 Corridor and Front Range, Boulder & Denver.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Compass - Denver
  • Office Phone: (720) 484-8620
  • Listing Agent: Robyn Phipps

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fan(s), Open Floorplan
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Radiant
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Arvada High School, Public District Grades 9-12
  • Lawrence Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $330/SqFt

Tax Information:

  • Annual Amount: $2,509
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Arvada, CO.

Med. Sold Price

$643.5K

Med. Price/SqFt

$314

Avg. Days On Market

21

# of Sold Homes

176

5465 Balsam St vs Arvada

16 DAYS ON ROCKET

-5 Days

$725,000

+$81.4K More

$330/SqFt

+$16 More

KEY TAKEAWAY

This property is $81.4K more than the Median Sold Price and $16/SqFt more than other homes in Arvada, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #2108332

Listing Office:

  • Office Name: Compass - Denver
  • Office Phone: (720) 484-8620
  • Listing Agent: Robyn Phipps

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2024, 7:12:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2019Home Sold
$455,000
Oct 17, 2014Home Sold
$292,000
Aug 08, 2007Home Sold
$330,000
Oct 27, 2006Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,509$26,001
2019$2,235$26,184
2018$2,047$22,833
2017$1,836$25,243

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5699217
6
/10
  • Lawrence Elementary School

  • 5611 Zephyr St

  • 0.22 miles

  • Public District Grades PK-6

High School

school-card-donut-5699218
3
/10
  • Arvada High School

  • 7951 W 65th Ave

  • 1.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,287. Typical income of Arvada, CO residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5465 Balsam St

What is the listing price of this property?

The listing price of 5465 Balsam St property is $725,000.

What type of property is this?

The property 5465 Balsam St is a house located in Arvada, Colorado, 80002.

Is this property for sale now?

Accepting Backup Offers: 5465 Balsam St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5465 Balsam St are:
Lawrence Elementary School: GreatSchools Rating 6/10
Arvada High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,509 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2019 for $455,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5465 Balsam St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5465 Balsam St is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5465 Balsam St is 1960.

Rocket Homes›Colorado›Jefferson County›Arvada›80002›5465 Balsam St

This home is located at 5465 Balsam St in Arvada, CO and zip code 80002 in the Olde Town Arvada neighborhood. This 2,200 square foot home, which was built in 1960, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $725,000.

Over 79 listings were sold over their listed price in April 2024 in Arvada, CO. In the same period over 63 listings were sold below the listed price and 34 listings were sold for the listed price. The number of listings in Arvada, CO increased by 40.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $643,524, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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