NOT LISTED FOR SALE

1615 Converse Ave Cheyenne, WY 82001

Estimated Value: $405,143

4 Beds
4 Baths
2,225 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 04, 2021

Current estimated payment $2,291/month

Highlights

  • Brick or Stone Mason
  • Outdoor Storage
  • Coin Laundry
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2021

New Sewer line in 2017. New Gutters 2019. Cap rate around 8%. Sold as is where is. Seller will accept back up offers.

Last Agent to Sell the Property

Peter Nadeau

Homesmart Realty Group License #RE-14385 Listed on: 11/10/2020

Homesmart Realty Group

Last Buyer's Agent

Mariea Turner

eXp Realty, LLC License #RE-15234

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1953

Lot Details

  • 5,700

Home Design

  • Quadruplex
  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 2,225 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 5,700 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for garbage removal, water, sewer
  • Assessor Parcel Number 13948000400020

Community Details

Building Details

  • Gross Income $33,600
  • Net Operating Income $28,736

Additional Features

  • 4 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,219

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5700
  • Tax Database Id: 1
  • Type: 4-Plex
  • Annual Income: 33600
  • Exterior Feature: Storage
  • Total Sq Ft: 2225
  • Taxes: 1,219.39
  • Year Built: 1953
  • Earnest Money Payable To: First American Title
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Access
  • Laundry: Coin Ops
  • Appliances: Range/Oven, Refrigerator
  • Other Income: 200

Exterior Features

  • Acreage: 0.13
  • Construction: Brick
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 4
  • Annual Expenses: 3844
  • Net Operating Income: 28736

Tax Info

  • Assessor Parcel Number: 13948000400020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 4, 2021
Sold by
Gifted Housing Llc
Bought by
Hubert Perry R and Hubert Rosemary Cushman
Seller's Agent
Peter Nadeau
Homesmart Realty Group
Buyer's Agent
Mariea Turner
eXp Realty, LLC
List Price
$335,000
Current Estimated Value
$405,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$247,500
Outstanding Balance
$220,856
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$184,287

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jul 11, 2017
Sold by
Marek Joseph Robert and Poulos Catherine Ann
Bought by
Gifted Housing Llc
Seller's Agent
Gunnar Malm
Coldwell Banker, The Property Exchange
Buyer's Agent
Peter Nadeau
Homesmart Realty Group
List Price
$199,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%
Original Mortgage
$149,625
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2011
Sold by
Morris Carolyn Kaye
Bought by
Morris Neil and Morris Carolyn Kaye

Purchase Details

Closed on
Nov 4, 2000
Sold by
Morris Neil
Bought by
Morris Carolyn Kaye
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
Hubert Perry R -- First American
Hubert Perry R -- First American Title
Gifted Housing Llc -- First American
Morris Neil -- None Available
Morris Carolyn Kaye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubert Perry R $247,500
Closed Hubert Perry R $247,500
Previous Owner Gifted Housing Llc $149,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold -- -- --
11/22/2020 11/22/20 For Sale $335,000 0.0% $151 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/17/2020 11/17/20 Off Market -- -- --
11/10/2020 11/10/20 For Sale $335,000 +67.9% $151 / Sq Ft
07/14/2017 07/14/17 Sold -- -- -- View Prior Sale
06/24/2017 06/24/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $199,500 -- $90 / 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 $1,607 $26,502 $3,681 $22,821
2024 $1,607 $22,726 $3,681 $19,045
2023 $1,604 $22,683 $3,681 $19,002
2022 $1,642 $22,746 $3,681 $19,065
2021 $1,338 $18,491 $3,681 $14,810
2020 $1,233 $17,098 $3,681 $13,417
2019 $1,219 $16,889 $3,681 $13,208
2018 $1,185 $16,564 $3,586 $12,978
2017 $1,098 $15,215 $3,586 $11,629
2016 $1,039 $14,392 $3,586 $10,806
2015 $1,061 $14,694 $3,586 $11,108
2014 $1,055 $14,512 $3,586 $10,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 80651

Cheyenne Board of REALTORS®

APN: 1-3948-0004-0002-0