NOT LISTED FOR SALE

1409 E 17th St Scottsbluff, NE 69361

7 Beds
7 Baths
-- Sq Ft
3.74 Acres

Last Sold October 04, 2021

Last sale price $1,775,000

93 Days on Market

Highlights

  • 3.74 Acre Lot
  • Open Floorplan
  • Carpet

About This Home

As of October 2021

Investors take a look! 50 unit apartment complex with two buildings that qualify for the HAP (Housing Assistance Payment Program) through HUD with guaranteed rental payments. Current rent is $ 561 per unit with utilities included for the tenant. Tenant pays cable and internet, if wanted. Rate increase to $ 573 per unit effective September 1, 2021. HUD contract in place until 2024. Seller has updated plumbing and sewer lines, flooring, interior paint, security system, light fixtures. Maintenance and replacement schedule in place by seller which has cut repair expenses. New roof in 2019 for each building. Common laundry room taken care of by CSC Service Works on month to month contract with coin operated machines for additional income. Vending machines in common area also produce additional income. 3.74 acre lot has potential for future expansion.

Last Agent to Sell the Property

Sandy Macke

CHAMPION REALTY LLC License #201300008 Listed on: 05/03/2021

Last Buyer's Agent

Henry Huber

GATEWAY REALTY OF SCOTTSBLUFF INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,137

Year Built

  • Built in 1974

Lot Details

  • 3.74 Acre Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Drapes & Rods
  • Open Floorplan
  • Carpet
  • Fire and Smoke Detector
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Community Details

  • Gross Income $331,837

Listing and Financial Details

  • The owner pays for gas, electricity, water, garbage, common area only, applies to all units
  • Assessor Parcel Number 010238107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,137

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: APARTMENT BLDG
  • Style: 2
  • Miscellaneous: Master Meters, Common Water He, Individual Air, Security Deposi, Common Water Softener
  • Gross Income: 331,837
  • Safety Features: Sprinkler Syste, Smoke Detector, Heat Detector, Fire Alarm
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Applies To All, Refrigerator, Stove, Private Bath
  • Bedrooms: Seven +
  • Bathrooms: Seven Or More
  • Has Basement: No
  • Stories: Two
  • Square Footage: 31456
  • Unit Features: Applies To Some, Carpet, Drapes, Living/Dining C, Kitchen/Dining, Private Bath, Common Utility

Exterior Features

  • Construction: Frame, Brick, Stucco
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: None
  • Garage Type: None
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: One Meter
  • Utilities Paid: Cable, Applies All

Lot Info

  • Lot Size: 3.74 acres
  • Number Of Acres: 3.74
  • Parcel #: 010238107

Building Info

  • Year Built: 1974

Rental Info

  • Utilities Paid By Owner: Gas, Electricity, Water, Garbage, Common Area Only, Applies to All Units

Tax Info

  • Taxes: 14,137
  • Tax Year: 2020

Multi Family

  • Income Other: 9,502
  • Income Rent: 322,335

MLS Schools

  • School District: Scottsbluff

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $1,775,000 -11.3% --
08/04/2021 08/04/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $2,000,000 -- --
Source: Western Nebraska Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sandy Macke

    Seller's Agent in 2021

    Sandy Macke

    CHAMPION REALTY LLC

    (308) 641-2336

    73 in this area

    203 Total Sales

    Sandy Macke
    Section Image
  • Henry Huber

    Buyer's Agent in 2021

    Henry Huber

    GATEWAY REALTY OF SCOTTSBLUFF INC.

    (308) 632-3201

    16 in this area

    23 Total Sales

    Henry Huber
    Section Image
See All Agents

Map

Source: Western Nebraska Board of REALTORS®

MLS Number: 23235

Western Nebraska Board of REALTORS®
Nebraska Scotts Bluff County Scottsbluff 69361

1409 E 17th St, Scottsbluff, NE

Not Listed for Sale

MultiFamily

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.

Western Nebraska Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes