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$205,000 New to Website
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Property Description
**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust (ECLT)***** $5,000 Seller Concession available for limited time! AFFORDABLE HOMEOWNERSHIP Through Elevation Community Land Trust (ECLT) Step into this charming 2-bedroom, 1-bathroom, 2-story condo offering an open floor plan filled with natural light. The spacious living room includes convenient understair storage, while the updated kitchen features an island, stainless steel refrigerator, black dishwasher, stove, microwave, and a cozy eat-in area-perfect for everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms and a full bathroom with modern finishes. Through the sliding glass door, enjoy your private fenced-in patio-ideal for relaxing outdoors. Additional amenities include convenient parking and an onsite coin-operated laundry facility. Located in a beautiful residential Arvada community, this home is close to shopping, Costco, parks (including one just across the street), bus routes, and Olde Town Arvada. With thoughtful updates and a prime location, this home offers affordable comfort and convenience. Only ECLT-qualified homebuyers whose letter of qualification indicates they are under both the MTSP and FMR income limits are eligible to purchase this home. In addition to the mortgage payment, there is a fee of $100 per month for the land lease. Income Qualification Guidelines: 1 person: $98,100 2 people: $112,100 3 people: $126,100 4 people $140,100 Do you meet the income qualifications? Reach out today to learn more!
Full Property Details
Full Property Details for 5225 Balsam Street #5
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General
- Price: $205,000
- HOA FEE: $363/month
- Taxes: $1,324 (2022)
- Status: Active
- Type: Townhouse
- Source: MetroList_Colorado
- MLS ID: 5935393
- Updated: Today (4/10/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Coin Laundry, Parking
Exterior
- Exterior Features: Private Yard
Parking
- Total Spaces: 1
Location
- County: Jefferson
- Subdivision: WestPark Condos
School Information
- Elem School District: Jefferson County R-1
- Midd School District: Jefferson County R-1
- High School District: Jefferson County R-1
- Elementary School: Lawrence
- Middle School: Arvada K-8
- High School: Arvada
Community
- Association: Yes
- Assoc. Name: Vista Management
- Assoc. Fees Include: Reserves, Exterior Maintenance (Without Roof), Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water
- Pets Allowed: Yes
- Management Type: Professionally Managed
Heating & Cooling
- Cooling Type: Room Air Conditioning
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Townhouse
- Construction: Brick, Frame
- Roof: Composition
- Common Walls: 1 Common Wall
- Windows: Window Coverings
- Entry Floor Number: 1
- Square Feet: 762
- Sq. Ft. Source: Public Records
- Living Area: 762 Sq. Ft.
- Year Built: 1962
Financial Considerations
- Association Fee: Yes
- Association Fee: $363
- Assoc Fee Freq.: Monthly
- Assoc Fee /Annual: $4,356
- Tax Amount: $1,324
- Tax Year: 2022
- Terms: Conventional
Disclosures and Reports
- Ownership: Corporation/Trust
- Special Conditions: None
- Legal Description: SECTION 14 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 827200 SUBDIVISIONNAME WESTPARK CONDOS PH I BLOCK 00B LOT 0005 TRACT
- Exclusions: Seller's personal property
- Property ID: 154475
Listed by Invalesco Real Estate
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Tax History
Tax History for 5225 Balsam Street #5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$934
—
$9,381
—
2023
$935
-30%
$9,381
-31%
2021
$1,344
2%
$13,585
3%
2022
$1,324
-1%
$13,205
5%
2021
$1,344
10%
$12,548
—
2019
$1,223
68%
$12,548
73%
2018
$726
9%
$7,236
—
2017
$665
-3%
$7,236
3%
2016
$685
-1%
$7,005
—
2015
$694
-8%
$7,005
-3%
2014
$752
—
$7,228
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5225 Balsam Street #5
5225 Balsam Street #5, Arvada, CO 80002 (MLS# 5935393) is a Townhouse property with 2 bedrooms and 1 full bathroom. 5225 Balsam Street #5 is currently listed for $205,000 and was received on April 10, 2026. Want to learn more about 5225 Balsam Street #5? Do you have questions about finding other Townhouse real estate for sale in Arvada? You can browse all Arvada real estate or contact a Coldwell Banker agent to request more information.
