$423,000

5075 Balsam St Colorado Springs, CO 80923

$5,023
Closing credit¹
4 beds
3 full
1,816 sqft
0.1 acres
$233 / sqft
House

Property details

About 5075 Balsam St

Location, Location, Location! Welcome to this charming 1,756 square foot, single-family home in the very desirable Sundown neighborhood near the Powers corridor. Open floor plan on the main level. This 4 bedroom, 3 bathroom two-story home with a gas fireplace is right next to a park with a trail and is close to Woodman and Powers but not on a main road. The main level of the home features a cozy living room and a formal dining area. Enjoy our beautiful sunny days year-round in the attached sunroom right off the kitchen, which leads to the private backyard. All stainless-steel appliances include brand new (unused) Samsung range and microwave oven. Upstairs large master bedroom with en-suite bathroom (double vanity) and walk-in closet. Two additional bedrooms, laundry and another full bathroom upstairs as well. 4,500 square foot property with outdoor space for gardening, playing, or relaxing on sunny days. The backyard is perfect for hosting BBQs or enjoying a quiet evening under the stars. This home is very close to shopping, dining, and other amenities. Two minutes from Scott Elementary School, three minutes from Jenkins Middle School and seven minutes from Vista Ridge High School. Whether you're looking for a place to call home or a great investment opportunity, this property has it all. Don't miss out on the chance to make this lovely home yours today.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(Active Under Contract)
CoolingOther
Size1,816 sqft
BasementYes
Lot size0.1033 Acres
Year built1997
ParkingAttached
MLS #6959625
Attached garageYes
FireplaceOne

Summary

  • MLS Number: 6959625
  • Office Name: Colorado Realty 4 Less, LLC
  • Office Phone: (970) 531-7448
  • Listing Agent: Kathleen Haas

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring concrete driveway, brick siding, fence, and an attached garage

$423,000

5075 Balsam St

$5,023

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 05, 2022
Home Sold
$412,000
Mar 01, 2011
Home Sold
$172,602
Jan 28, 2005
Home Sold
$186,500
Jun 04, 2003
Home Sold
$177,000

Tax history

YearAssessmentProperty Tax
2023$28,620$1,329
2022$21,300$1,275
2021$21,910$1,379
2020$18,600$1,335
2019$18,600$1,212
2018$15,680$1,151
2017$15,680$952

History based on county public records data.

Nearby schools

7

Scott Elementary School

Public District PK-5

0.2 mi

6175 Whetstone Dr

7

Freedom Elementary School

Public District PK-5

0.8 mi

5280 Butterfield Dr

6

Martinez Elementary School

Public District PK-5

1.0 mi

6460 Vickers Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,198. Typical income of Colorado Springs, CO residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
59%
35k-100k
25%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5075 Balsam St

This home is located at 5075 Balsam St in Colorado Springs, CO and zip code 80923 in the Sundown neighborhood. This 1,816 square foot home, which was built in 1997, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $423,000.

Colorado Springs, CO housing market in March 2025 saw over 64 listings sold above listed price, more than 53 sold at listed price and over 76 sold below. The number of listings in Colorado Springs, CO increased by 42.4% between February and March 2025. In March 2025 median list price was $479,413 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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