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 $5,560/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 Agent to Sell the Property

Jim Weaver

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

#1 Properties

Last Buyer's Agent

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 19, 2021
Sold by
Murray & Co
Bought by
Bnkm Cheyenne Llc
Seller's Agent
Jim Weaver
#1 Properties
Buyer's Agent
Jim Weaver
#1 Properties
List Price
$950,000
Current Estimated Value
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$705,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bnkm Cheyenne Llc -- First American Title
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
2025 $6,348 $105,802 $12,985 $92,817
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

  • Jim Weaver

    Seller's Agent in 2021

    Jim Weaver

    #1 Properties

    (307) 630-5161

    13 in this area

    54 Total Sales

    Jim Weaver
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 82789

Cheyenne Board of REALTORS®

APN: 1-1001-0372-0005-0

Wyoming Laramie County Cheyenne 82001 Historic Cheyenne

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

This home is located at 1602 E 17th St Unit 1-12 units, Cheyenne, WY 82001 since 02 July 2021 and is currently estimated at $949,000, approximately $236 per square foot. This property was built in 1945. 1602 E 17th St Unit 1-12 units is a home located in Laramie County with nearby schools including Alta Vista Elementary School, Carey Junior High School, and East 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.

Cheyenne 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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