540 E 1st Ave Denver, CO 80203
Speer NeighborhoodEstimated Value: $779,507 - $867,000
About This Home
Unit 3 at 540 E 1st Ave is a spacious two-story, 1,080 sqft, 2-bedroom, 2-bath apartment with a private entry via an exterior staircase from the backyard. Located on the top second and third floors, it features a great balcony off the master bedroom with stunning mountain views.
Newly renovated and furnished in March 2023, this apartment boasts comfy queen beds with linens and a fully stocked kitchen. Enjoy the communal backyard with a grill and outdoor dining table, perfect for entertaining in a safe and walkable neighborhood.
All utilities, parking, and internet are included, valued at $150+/month. Enjoy fast internet with 300mbps download and 10mbps upload speeds. The apartment features a smart TV for streaming your favorite services, and free communal laundry is available in the basement.
Situated just 2 blocks from Cherry Creek Trail, you can easily bike or walk north to Downtown or east to Cherry Creek Shopping District. The apartment is within walking distance to several restaurant areas and just a short drive to Trader Joe's. It's a 10-minute drive to downtown Denver, RiNo, and LoHi, and 25 minutes to Red Rocks. Nearby hospitals include St Joseph, Presbyterian St Luke’s, and Rose, all within 13-15 minutes, and Denver Health just 5 minutes away.
This is a long-term furnished rental, not a full-service hotel. Our team is available during business hours and for emergencies after hours. We are dog-friendly with a strict no cats policy. Pet rent is $90 per dog per month, and pets must be added to the reservation. Noise disturbances will result in eviction without a refund. The property is non-smoking and non-vaping, with fees for violations. Check-out time is 10 AM, with a $50 fee for every additional 30 minutes past check-out time. Personal property left behind will incur a minimum $50 fee for return. Maintenance issues will be addressed promptly, but no refunds or rent reductions will be made for mechanical failures or construction in the area.
The apartment offers two great work-from-home spaces in the den and master bedroom, providing an ideal environment for remote work.
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 540 1St Llc | $720,000 | Land Title | |
| Brownson Michael P | -- | Land Title Guarantee Company | |
| Phantom Creek Properties Llc | -- | Stewart Title Of Denver Inc | |
| Brownson Mike P | -- | None Available | |
| Brownson Mike P | $220,800 | Chicago Title Co | |
| Indymac Bank Fsb | -- | None Available | |
| Wagner Mona Lisa | $314,000 | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 540 1St Llc | $605,000 | |
| Previous Owner | Brownson Michael P | $240,000 | |
| Previous Owner | Phantom Creek Properties Llc | $244,369 | |
| Previous Owner | Brownson Mike P | $248,500 | |
| Previous Owner | Wagner Mona Lisa | $300,000 | |
| Previous Owner | Wagner Mona Lisa | $251,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/29/2025 01/29/25 | For Rent | -- | -- | -- |
| 01/21/2025 01/21/25 | For Rent | -- | -- | -- |
| 01/21/2025 01/21/25 | For Rent | -- | -- | -- |
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,528 | $44,550 | $21,760 | $22,790 |
| 2023 | $3,452 | $44,550 | $21,760 | $22,790 |
| 2022 | $3,537 | $44,480 | $17,710 | $26,770 |
| 2021 | $3,490 | $46,770 | $18,620 | $28,150 |
| 2020 | $3,533 | $47,620 | $15,520 | $32,100 |
| 2019 | $3,434 | $47,620 | $15,520 | $32,100 |
| 2018 | $2,388 | $30,870 | $11,720 | $19,150 |
| 2017 | $2,381 | $30,870 | $11,720 | $19,150 |
| 2016 | $2,253 | $27,630 | $10,364 | $17,266 |
| 2015 | $2,159 | $27,630 | $10,364 | $17,266 |
| 2014 | $1,805 | $21,730 | $10,030 | $11,700 |
Map
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