Beth Erickson Sand Denver Real Estate Agent - 720.353.2384
Denver Condo ManiaMLS: 5397117 $205,000
2 Bedrooms with 1 Bath5225 BALSAM ST 5 ARVADA CO 80002
ARVADA CO 80002MLS: 5397117
Status: ACTIVE
List Price: $205,000
Price per SQFT: $269
Square Footage: 7622 Bedrooms
1 Bath
Year Built: 1962
Zip Code: 80002
Listing Remarks
**** 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!
Address: 5225 BALSAM ST 5 ARVADA CO 80002 ARVADA CO 80002
Listing Courtesy of Invalesco Real Estate 720-580-9196
Condo Mania Agent
Beth Sand
LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Permanent Affordable Housing LISTING CONTRACT DATE: 2025-04-24 BEDROOMS: 2 BATHROOMS FULL: 1 BATHROOMS THREE QUARTER: 0 BATHROOMS HALF: 0 LIVING AREA SQ FT: 762 BUILDING AREA TOTAL: 762 YEAR BUILT: 1962 TAXES: $1,324 HOA FEES FREQUENCY: Monthly HOA FEES: $363 HOA INCLUDES: Trash, Snow Removal, Maintenance Structure, Water/Sewer APPLIANCES INCLUDED: Dishwasher, Refrigerator, Microwave ARCHITECTURAL STYLE: Contemporary/Modern CONSTRUCTION: Wood/Frame, Brick/Brick Veneer EXTERIOR FEATURES: Private Yard HEATING: Baseboard COOLING: Wall/Window Unit(s) LAUNDRY FEATURES: Common Area # GARAGE SPACES: 1 PROPERTY TYPE: Attached Dwelling PROPERTY SUB TYPE: Attached Dwelling ROOF: Composition LISTING AGENT: MERIMA BRKIC LISTING OFFICE: INVALESCO REAL ESTATE
Estimated Monthly Payments
List Price: $205,000 20% Down Payment: $41,000 Loan Amount: $164,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,037 Estimate does not include taxes, fees, insurance.
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Property Location: 5225 BALSAM ST 5 ARVADA CO 80002 ARVADA CO 80002
This Listing
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Condo Mania Agent
Beth Sand
LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Last Updated: 2025-11-17 04:28:39