NOT LISTED FOR SALE

540 E 1st Ave Denver, CO 80203

Speer Neighborhood

Estimated Value: $723,000 - $822,105

3 Beds
4 Baths
1,754 Sq Ft
$435/Sq Ft Est. Value

About This Home

The advertised rate of $4,497/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 23, 2026.

Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments.
Feel at home in this large, two-story, 2-bedroom, 2-bath apartment located at 540 E 1st Ave. Unit #3 is 1,080 sqft and features a private entry from the exterior staircase from the backyard. Located on the top second and third floors, it has a great balcony off the top master bedroom with mountain views.
Newly renovated and furnished in March 2023, this apartment features comfy queen beds and linens, and a stocked kitchen. A communal backyard, grill, and outdoor dining table are available for your enjoyment. Free communal laundry is available in the basement.
All utilities, parking, and internet are included. Fast internet with 300mgps download and 10mgps upload is provided. A smart TV is included, so you can use your own streaming service.
This centrally located apartment is 2 blocks to Cherry Creek Trail, 7 blocks to Wash Park, and a short walk to three incredible restaurant areas. Rosebud Cafe, a great neighborhood coffee shop, is on the other corner of the block. Trader Joe's is a short walk or drive away (7 blocks). You're also just 10 minutes to downtown Denver, RiNo, and LoHi, 25 minutes to Red Rocks, and 1 hour 30 minutes to ski resorts. Nearby hospitals include St Joseph, Presbyterian St Luke’s, and Rose (13-15 minutes away), Denver Health (5 minutes away), and UC Health University of CO and Children’s Hospital CO (25 minutes away).
Pet rent is $90/dog/month. This apartment is dog friendly, but has a strict no cats policy. Failure to check out on time will incur a $50 fee for every additional 30 minutes. All properties are non-smoking/non-vaping, and violation of the no smoking/vaping policy will result in damages fees. A warning will be given for any reported noise disturbances, and additional disturbances will result in eviction from the property. Guests will not be given any refund for issues related to noise violations.
Includes two great work-from-home workspaces in the den and master bedroom. [SI]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Brownson Michael P
Bought by
540 1St Llc
Current Estimated Value
$762,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$470,354
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$292,172

Purchase Details

Closed on
Sep 11, 2013
Sold by
Phantom Creek Properties Llc
Bought by
Brownson Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Brownson Mike P
Bought by
Phantom Creek Properties Llc

Purchase Details

Closed on
Jan 29, 2010
Sold by
Brownson Mike P and Brannan Brownson Ramona
Bought by
Brownson Mike P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Indymac Bank Fsb
Bought by
Brownson Mike P and Brannan Brownson Ramona

Purchase Details

Closed on
Apr 8, 2008
Sold by
Wagner Mona Lisa
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Oct 24, 2003
Sold by
Johnson Mark Kepler and Johnson James Ray
Bought by
Wagner Mona Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

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 -- -- --
01/29/2025 01/29/25 For Rent -- -- --
01/21/2025 01/21/25 For Rent -- -- --

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
Source: Public Records

Map

Colorado Denver County Denver 80203 Speer

540 E 1st Ave, Denver, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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