540 W 7th Street #1, Salida, CO, 81201
About This Home
This town house is being sold at a market friendly price of $575,000 in "as is" condition. The owners believe in a transparent model of real estate transactions and will not come down in price or accept a home sale contingency. The prospective buyer is encouraged to perform due diligence, pay for an inspection, and gain a complete understanding of the pros and cons of this specific building, before agreeing that this price reflects the value of the home. The town home is a private end unit in a small eight unit pocket neighborhood, near the bike path, minutes from everything in town, with friendly neighbors. It has slices of mountain views and is bathed in southern light, has a private back yard with a pergola, and a tiny front courtyard. Built in 1999, the unit is showing its age a bit. It is well maintained and in 2025 all windows were replaced, laminate flooring replaced the carpet, new disposal installed, new garage door installed in 2024, new membrane roof put on in 2022, some plumbing and electrical upgrades were done, and the interior has been freshly painted. All appliances are included. The home is clean, fully functional and move-in ready for the next owner to purchase and then budget for any desired upgrades. It is waiting of for a buyer to join the already long term neighbors. Short tern rentals are prohibited by the HOA. Two pets are allowed by the HOA. The HOA will be scheduling future stucco repairs.
Getting Around
Somewhat Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1998
Materials
- Foundation: Concrete Perimeter
- Roof: Composition,Membrane
- Construction materials: Frame,Stucco
Type & Style
- Home type: Condo
- Architectural style: Mountain Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bathroom
- Level: Main
Bathroom
- Level: Upper
Bedroom
- Level: Main
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
Features
- Ceiling Fan(s),Laminate Counters,Smoke Free
- Window features: Double Pane Windows
- Flooring: Laminate,Vinyl
- Finished area above ground: 1,408
- Common walls with other units/homes: End Unit,1 Common Wall
Heating
- Heating features: Baseboard,Radiant
Interior Area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Kitchen
- Level: Main
Laundry
- Level: Upper
Living Room
- Level: Main
Property
Details
- Parcel number: R368132326001
- Attached to another structure: Yes
- Zoning: Residential
- Special condition: Standard
- Exclusions: Seller's Personal Property
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Patio & porch: Patio
- Exterior features: Private Yard
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: Corner Lot,Landscaped,Near Ski Area
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $138 | $1,656 |
| Electricity | $186 | $2,232 |
| Total | $3,397 | $40,764 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Price change | $575,000 |
| 2026-02-18 | Listed for sale | $589,000 |
| 2008-07-30 | Sold | $245,000 |
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