540 E 1st Ave Denver, CO 80203
Speer NeighborhoodEstimated Value: $682,000 - $814,000
About This Home
Unit 3 at 540 E 1st Ave is a spacious two-story apartment with 1,080 sqft, featuring two bedrooms and two bathrooms. It offers a private entry via an exterior staircase from the backyard and is located on the top second and third floors. The apartment boasts a great balcony off the master bedroom with stunning mountain views.
Newly renovated and furnished in March 2023, this apartment features comfy queen beds and linens, and a fully stocked kitchen. Enjoy the communal backyard with a grill and outdoor dining table, perfect for relaxing in a safe and walkable neighborhood.
All utilities, parking, and internet are included, valued at $150+ per month. The apartment offers fast internet with 300mbps download and 10mbps upload speeds. Enjoy a Smart TV for streaming your own services, and free communal laundry in the basement. Pet rent is $90 per dog per month, with a strict no cats policy.
Located 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, Wash Park, and a neighborhood coffee shop, Rosebud Cafe. Trader Joe's is a short drive away, and you're only 10 minutes from downtown Denver, RiNo, and LoHi. Red Rocks is a 25-minute drive, and ski resorts are 1 hour and 30 minutes away. Nearby hospitals include St Joseph, Presbyterian St Luke’s, and Rose, all within 13-15 minutes, and Denver Health is just 5 minutes away.
This is a long-term furnished rental, not a full-service hotel. Our team is available during business hours and after hours for emergencies. A lease agreement is required upon booking. Noise disturbances will result in eviction without refund. All properties are non-smoking and non-vaping, with violation resulting in damage fees. Check-out time is 10 AM, with a $50 fee for every additional 30 minutes past check-out. Pets are not allowed on furniture, and damage or excessive cleaning due to pets will incur charges. Personal property left behind will incur a minimum $50 fee for return.
The apartment includes two great work-from-home spaces in the den and master bedroom, providing a comfortable and efficient environment for remote work. [SI]
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 | Brownson Mike P | $248,500 | |
| Previous Owner | Wagner Mona Lisa | $251,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 2025 | $3,528 | $46,820 | $26,780 | $26,780 |
| 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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