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

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Baer Marla M and Baer Christopher P
Bought by
Irishbulldog Llc

Purchase Details

Listed on
May 3, 2021
Closed on
Oct 5, 2021
Sold by
One-Property Management Llc
Bought by
Irishbulldog Llc
Seller's Agent
Sandy Macke
CHAMPION REALTY LLC
Buyer's Agent
Henry Huber
GATEWAY REALTY OF SCOTTSBLUFF INC.
List Price
$2,000,000
Sold Price
$1,775,000
Premium/Discount to List
-$225,000
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,331,250
Interest Rate
2.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Buyer Sale Price Title Company
Irishbulldog Llc $52,000 Nebraska Title
Irishbulldog Llc $1,775,000 Nebraska Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irishbulldog Llc $1,331,250
Previous Owner 1 Property Management Llc $680,000
Previous Owner Rc Soctt Lp $525,000
Closed Irishbulldog Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $8,630 $697,280 $275,205 $422,075
2023 $13,844 $683,611 $269,811 $413,800
2022 $13,844 $683,611 $269,811 $413,800
2021 $14,051 $683,611 $269,811 $413,800
2020 $14,137 $683,611 $269,811 $413,800
2019 $14,118 $683,611 $269,811 $413,800
2018 $14,026 $675,000 $269,811 $405,189
2017 $14,074 $675,000 $269,811 $405,189
2016 $15,957 $764,476 $84,962 $679,514
2015 $15,839 $764,476 $84,962 $679,514
2014 $13,616 $702,702 $84,962 $617,740
2012 -- $1,019,831 $84,962 $934,869
Source: Public Records

Agents Affiliated with this Home

  • Sandy Macke

    Seller's Agent in 2021

    Sandy Macke

    CHAMPION REALTY LLC

    (308) 641-2336

    218 Total Sales

    Sandy Macke
    Section Image
  • Henry Huber

    Buyer's Agent in 2021

    Henry Huber

    GATEWAY REALTY OF SCOTTSBLUFF INC.

    (308) 632-3201

    28 Total Sales

    Henry Huber
    Section Image
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Map

Source: Western Nebraska Board of REALTORS®

MLS Number: 23235

Western Nebraska Board of REALTORS®

APN: 010238107

Nebraska Scotts Bluff County Scottsbluff 69361

1409 E 17th St, Scottsbluff, NE

This home is located at 1409 E 17th St, Scottsbluff, NE 69361 since 03 May 2021. 1409 E 17th St is a home located in Scotts Bluff County with nearby schools including Longfellow Elementary School, Bluffs Middle School, and Scottsbluff Senior High School.

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.

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