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1890 Balsam Street, Lakewood, CO, 80214

2beds
1baths
1,954sqft
$830,000
$425price/sqft
$5,073/moest. monthly cost
$202,920/yrincome needed

About This Home

Solid ranch home on a corner lot with a rare 3 car garage setup (1 car attached + oversized 2 car detached) with plenty of space for additional parking. The lot offers room to expand, garden, or tailor the outdoor space to fit your needs. Inside, the layout is simple and functional with two bedrooms, a full bath, and a separate office space. The kitchen is a true galley layout with access to the garage, laundry, and office on one end, and the dining room on the other. The living room connects with the dining room and features a gas fireplace. A second gas fireplace is found in the ready to finish basement with plumbing in place, giving you a clear path to add square footage and increase value over time. While the interior could use cosmetic updating, it’s priced accordingly, creating a strong opportunity for a homeowner or investor to build equity through improvements. The home is located in a desirable North Lakewood neighborhood with quick access to Wadsworth Blvd., 6th Avenue, and I-70, and is just minutes from Morse Park, grocery stores, restaurants, and shopping.

Getting Around

71
WalkingVery Walkable
40
TransitSome Transit
64
BikeBikeable

Schools

6/10
Slater Elementary SchoolGrades PK-50.6 mi
4/10
Creighton Middle SchoolGrades 6-82.0 mi
8/10
Lakewood High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Unfinished

Bathroom

  • Level: Main
  • Area: 66
  • Dimensions: 6 x 11

Bedroom

  • Features: Primary Suite
  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Bedroom

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 100
  • Dimensions: 10 x 10

Family Room

  • Level: Basement
  • Area: 696
  • Dimensions: 24 x 29

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Flooring: Carpet,Tile
  • Number of fireplaces: 2
  • Fireplace features: Basement,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,444

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,954
  • Total interior livable area: 1,954 sqft

Kitchen

  • Level: Main
  • Area: 208
  • Dimensions: 13 x 16

Laundry

  • Level: Main
  • Area: 56
  • Dimensions: 8 x 7

Living Room

  • Level: Main
  • Area: 280
  • Dimensions: 14 x 20

Office

  • Level: Main
  • Area: 104
  • Dimensions: 8 x 13

Property

Details

  • Parcel number: 052692
  • Special condition: Standard
  • Exclusions: Seller's Personal Property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Patio
  • Exterior features: Private Yard,Rain Gutters
  • Fencing: Full

Lot

  • Lot size: 0.28 Acres
  • Features: Corner Lot,Irrigated,Landscaped,Level

Parking

  • Total spaces: 3
  • Parking features: Concrete,Oversized
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Winter Weather
Cold Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,196$50,352
Home Insurance *$325$3,900
Property Taxes $366$4,392
Electricity $186$2,232
Total$5,073$60,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$173,931/yr
40% on housing$152,190/yr
45% on housing$135,280/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$425This listing

vs Other Active Listings

Avg $/sqft

ZIP 80214$221
Jefferson County$240

vs Homes Sold Last Month

Median $/sqft

ZIP 80214$418
Jefferson County$277

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-13Pending sale$575,000
2026-05-06Listed for sale$575,000
2003-12-23Sold$254,000

For Sale by Agent

AgentLydia Creasey
BrokerageRE/MAX Alliance - Olde Town

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