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4875 S Balsam Way #6-202, Denver, CO, 80123

2beds
2baths
1,050sqft
$329,900
$314price/sqft
$2,148/moest. monthly cost
$85,920/yrincome needed

About This Home

NEW LOWERED PRICE!!!!!!!! MOTIVATED SELLER!!!!!!!! MOVE IN READY!!!!!!!! Home warranty offered along with a $3k concession to help with HOA, Rate Buy Down, Closing Costs or whatever you wish to use it for. Welcome to Spring! Step inside this updated corner unit nestled on the second floor sitting quietly on the outskirts of the popular Trail Creek Ranch property. This beautiful 2 bed 2 bath condo sets in a perfect location offering easy access in and out of the complex, close to an incredible active greenbelt, and close to the clubhouse that offers pool/spa/fitness amenities! The open kitchen benefits from vaults, contemporary painted cabinets with NEW STAINLESS APPLIANCES! The vaults carry into the family room with a cozy gas fireplace and easy access to the covered deck to enjoy the beautiful Colorado mornings and evenings! Being a South / Southwest facing end unit, there is plenty of natural light. The unit comes with stainless appliances, blackout blinds window coverings, one reserved parking space, plus additional public parking throughout the complex. A well ran HOA w/ low HOA dues that include a community pool & clubhouse - Super convenient location with some walkability to great restaurants and shopping - Whole Foods, REI, Sprouts, Trader Joes, Southwest Plaza, Raccoon Creek Golf Course and lots of restaurants are just down the street - Quick to downtown and the mountains via 285 -This truly is a special condo in a special location! Showings: M-F 5-7pm | Sat-Sun 10am-6pm

Getting Around

64
WalkingSomewhat Walkable
33
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

4/10
Grant Ranch K-8 SchoolGrades PK-81.7 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2001

Materials

  • Roof: Composition
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Oven,Refrigerator,Washer
  • Laundry features: In Unit

Bathroom

  • Features: En Suite Bathroom
  • Level: Main
  • Area: 63.6
  • Dimensions: 5.3 x 12

Bathroom

  • Level: Main
  • Area: 63.6
  • Dimensions: 5.3 x 12

Bedroom

  • Features: Primary Suite
  • Level: Main
  • Area: 142.975
  • Dimensions: 10.75 x 13.3

Bedroom

  • Level: Main
  • Area: 167.4375
  • Dimensions: 11.75 x 14.25

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 78
  • Dimensions: 8 x 9.75

Family Room

  • Level: Main
  • Area: 163.2
  • Dimensions: 13.6 x 12

Features

  • Ceiling Fan(s),Laminate Counters,Open Floorplan,Vaulted Ceiling(s)
  • Window features: Window Treatments
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area above ground: 1,050
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,050
  • Total interior livable area: 1,050 sqft

Kitchen

  • Level: Main
  • Area: 78
  • Dimensions: 8 x 9.75

Laundry

  • Level: Main
  • Area: 20.16
  • Dimensions: 5.6 x 3.6

Property

Details

  • Parcel number: 910418199
  • Attached to another structure: Yes
  • Zoning: R-2-A
  • Special condition: Standard
  • Exclusions: Sellers Personal Property

Features

  • Levels: One
  • Stories: 1
  • Entry location: Stairs
  • Pool features: Outdoor Pool
  • Patio & porch: Covered,Deck
  • Exterior features: Balcony

Parking

  • Total spaces: 1
  • Parking features: Asphalt

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
    HailRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Lightning

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 $1,668$20,016
Home Insurance *$165$1,980
Property Taxes $129$1,548
Electricity $186$2,232
Total$2,148$25,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,645/yr
40% on housing$64,440/yr
45% on housing$57,280/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: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 80123$228
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80123$270
Denver County$352

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

DateEventPrice
2026-04-29Price change$339,900
2026-03-05Listed for sale$349,900
2018-12-18Sold$235,000
2018-10-23Price change$239,000
2018-09-27Listed for sale$245,000
2012-06-22Sold$118,000
2012-04-01Price change$118,000
2011-07-16Listed for sale$123,500
2003-03-13Sold$154,999

For Sale by Agent

AgentBrent Paine
BrokerageYour Castle Real Estate Inc

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