NOT LISTED FOR SALE

1602 E 17th St Unit 1-12 units Cheyenne, WY 82001

Historic Cheyenne Neighborhood

Estimated Value: $949,000

8 Beds
4 Baths
4,006 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 20, 2021

Current estimated payment $5,815/month

Highlights

  • 0.8 Acre Lot
  • Forced Air Heating System
  • Washer and Dryer
  • Outdoor Storage
  • Coin Laundry
  • Fenced

About This Home

As of August 2021

3 buildings each with 4 units make up this offering. Located next Alta Vista elementary school. Each unit is 2 bedroom 1 bath with tenant paying their own electric and gas bill.

Last Listed By

Jim Weaver

#1 Properties License #10624 Listed on: 07/02/2021

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1945

Lot Details

  • 0.8 Acre Lot
  • Fenced

Home Design

  • 4,006 Sq Ft Home
  • Frame Construction
  • Composition Roof

Additional Features

  • Oven or Range
  • Washer and Dryer
  • Outdoor Storage
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for garbage removal, water

Community Details

Building Details

  • Gross Income $95
  • Net Operating Income $52

Additional Features

  • 12 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Annual Income: $95,400
  • Exterior Feature: Fence, Storage
  • Total Sq Ft: 4006
  • Taxes: $5,043.00
  • Year Built: 1945
  • Earnest Money Payable To: #1 Properties
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Coin Ops, Washer/Dryer Included
  • Appliances: Range/Oven, Refrigerator
  • Basement Sq Ft: 1344

Exterior Features

  • Acreage: 0.8
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Garbage Removal, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • No. of Units: 12
  • Annual Expenses: $43,000
  • Net Operating Income: $52,400

Range of Values:

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Average Value
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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
Bnkm Cheyenne Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bnkm Cheyenne Llc $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold -- -- --
07/02/2021 07/02/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $950,000 -- $237 / Sq Ft
Source: Cheyenne 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 $6,348 $89,779 $12,985 $76,794
2023 $6,453 $91,262 $12,985 $78,277
2022 $6,576 $91,107 $12,985 $78,122
2021 $5,463 $75,513 $12,985 $62,528
2020 $5,044 $69,913 $12,985 $56,928
2019 $4,955 $68,622 $12,985 $55,637
2018 $4,764 $66,613 $12,616 $53,997
2017 $4,417 $61,204 $12,616 $48,588
2014 $4,741 $65,228 $12,616 $52,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 82789

Cheyenne Board of REALTORS®

APN: 1-1001-0372-0005-0