1605 2nd Ave Scottsbluff, NE 69361
7
Beds
7
Baths
--
Sq Ft
0.32
Acres
About This Home
As of November 2024Investors, don't miss out on this opportunity! This property has so much to offer, 4 residential apartments ( all currently rented on month to month lease, rents could be increased) 3 commercial offices. Office #1 has a large entry way, 3 offices, 2 bathrooms, break room, plus a storage area. Office #2 used for a small salon, has 2 office rooms, inviting entry way, laundry area and a bathroom with shower. Office #3 is rented with long term tenants. Warehouse is amazing, this space has 12 storage units, one unit being used for the security system, 8 units are rented and 3 currently vacant. Storage units are easy to access with a key pad door plus an overhead garage door to enter the space. Upstairs is a warehouse with so much potential, does have the rough-in for 2 bathrooms. With this space, your imagination can go wild. Parking lot for business and tenants. Minimal outside maintenance. Current owner does snow removal. Great location near downtown Scottsbluff. *24hr notice for residential showings.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,230
Lot Details
0
Listing Details
- Class: MULTI-FAMILY
- Type: OTHER
- Style: Other
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Appliances: Refrigerator, Stove
- Bedrooms: Seven +
- Bathrooms: Seven Or More
- Has Basement: Yes
- Square Footage: 14000 +/-
Exterior Features
- Construction: Stucco
Garage/Parking
- Garage Capacity: Five Or More
- Garage Type: Other
- Water And Sewer: City Water, City Sewer
Utilities
- Utilities: Other
Schools
- School District: Scottsbluff
Lot Info
- Parcel #: 010123202
Building Info
- Year Built: 1932
Rental Info
- Leases: Monthly
- Utilities Paid By Owner: Gas, Electricity, Water, Garbage, Applies to Some Units
Tax Info
- Taxes: $6210.12
- Tax Year: 2023
Multi Family
- Income Rent: $5200/mo
MLS Schools
- School District: Scottsbluff
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Nov 25, 2024
Sold by
Connelly Properties Llc and Connelly Andrea
Bought by
Cowboy Investments Llc
Seller's Agent
Amy Newman
CHAMPION REALTY LLC
Buyer's Agent
Sandy Macke
CHAMPION REALTY LLC
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,109
Avg. Annual Appreciation
0.49%
Original Mortgage
$320,000
Outstanding Balance
$315,342
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$85,881
Purchase Details
Closed on
Jul 1, 2013
Sold by
Monument Management Group Llc
Bought by
Cfg Investments Llc
Purchase Details
Closed on
May 30, 2007
Sold by
Hancock James R and Hancock Marlene
Bought by
Monument Management Group Llc
Similar Home in Scottsbluff, NE
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Title Express | |
| Warranty Deed | $400,000 | Title Express | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $325,000 | Fercuson Title Services Llc | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional | |
| Closed | $320,000 | New Conventional | |
| Previous Owner | $365,000 | Credit Line Revolving | |
| Previous Owner | $353,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $400,000 | -3.6% | -- |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $415,000 | -- | -- |
Source: Western Nebraska Board of REALTORS®
Tax History Compared to Growth
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 | $4,230 | $341,755 | $35,700 | $306,055 |
| 2023 | $6,785 | $335,055 | $35,000 | $300,055 |
| 2022 | $6,785 | $335,055 | $35,000 | $300,055 |
| 2021 | $6,887 | $335,055 | $35,000 | $300,055 |
| 2020 | $6,929 | $335,055 | $35,000 | $300,055 |
| 2019 | $6,919 | $335,055 | $35,000 | $300,055 |
| 2018 | $6,962 | $335,055 | $35,000 | $300,055 |
| 2017 | $6,986 | $335,055 | $35,000 | $300,055 |
| 2016 | $4,337 | $207,762 | $10,496 | $197,266 |
| 2015 | $4,305 | $207,762 | $10,496 | $197,266 |
| 2014 | $3,915 | $202,016 | $10,496 | $191,520 |
| 2012 | -- | $192,896 | $10,496 | $182,400 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Newman
Seller's Agent in 2024
Amy Newman
CHAMPION REALTY LLC
(308) 765-1366
296 Total Sales
-
Sandy Macke
Buyer's Agent in 2024
Sandy Macke
CHAMPION REALTY LLC
(308) 641-2336
218 Total Sales
Map
Source: Western Nebraska Board of REALTORS®
MLS Number: 25738
APN: 010123202
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