1956 S Balsam Street, Lakewood, CO, 80227
About This Home
Welcome home to this beautiful 3-bedroom, 2.5-bath townhome in a prime location close to Belmar, Red Rocks, and Bear Creek! The main level features solid wood flooring, a cozy fireplace, a charming bay window, and a renovated kitchen with quartz countertops. Find your way to the sliding doors directly off the family room that lead to a private fenced patio, perfect for relaxing or entertaining. Upstairs, the spacious primary bedroom offers 2 closets and a private ensuite bathroom, along with a newer LG washer and dryer conveniently located on the upper level. The 2 additional bedrooms are spacious and feature a walk-in closet and newer carpet, along with an updated full bathroom. The finished basement adds even more living space, perfect for a media room, workout area, or playroom. Enjoy the convenience of an attached finished 2-car garage complete with professionally installed epoxy flooring. Come see the thoughtful features throughout, and an unbeatable location near shopping, dining, trails, and entertainment. This home is one you won’t want to miss!
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1982
Materials
- Roof: Composition
- Construction materials: Brick,Frame,Wood Siding
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Daylight,Finished
Bathroom
- Features: Primary Suite
- Level: Upper
Bathroom
- Level: Main
Bathroom
- Level: Upper
Bedroom
- Features: Primary Suite
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Granite Counters,Laminate Counters,Primary Suite,Radon Mitigation System,Walk-In Closet(s)
- Window features: Bay Window(s),Window Coverings
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Finished area below ground: 570
- Finished area above ground: 1,551
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,151
- Total interior livable area: 2,151 sqft
Kitchen
- Level: Main
Laundry
- Level: Upper
Living Room
- Level: Basement
Property
Details
- Parcel number: 053786
- Attached to another structure: Yes
- Special condition: Standard
- Exclusions: All Personal Property.
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Lighting
Lot
- Lot size: 1,525 sqft
- Features: Near Public Transit
Parking
- Total spaces: 2
- Parking features: Concrete,Dry Walled,Floor Coating,Lighted,Storage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Winter Weather
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $219 | $2,628 |
| Property Taxes | $198 | $2,376 |
| Electricity | $186 | $2,232 |
| Total | $2,877 | $34,524 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $449,900 |
| 2026-06-11 | Price change | $464,900 |
| 2026-05-15 | Listed for sale | $479,000 |
| 2023-10-26 | Listing removed | -- |
| 2023-10-05 | Listed for rent | $2,950 |
| 2022-05-26 | Sold | $525,000 |
| 2018-01-19 | Sold | $326,000 |
| 2017-12-14 | Pending sale | $325,000 |
| 2017-12-07 | Listed for sale | $325,000 |
| 2013-05-22 | Sold | $195,000 |
| 2013-04-14 | Price change | $195,000 |
| 2013-04-07 | Price change | $200,000 |
| 2013-03-31 | Listed for sale | $210,000 |
| 2005-05-09 | Sold | $210,000 |
| 2002-06-27 | Sold | $189,500 |
| 1996-12-12 | Sold | $118,500 |
| 1996-02-08 | Sold | $107,700 |
| 1994-05-26 | Sold | $105,000 |
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