NOT LISTED FOR SALE

1617 E 12th St Cheyenne, WY 82001

Historic Cheyenne Neighborhood

Estimated Value: $693,874

4 Beds
4 Baths
3,816 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 19, 2017

Current estimated payment $3,791/month

39 Days on Market

About This Home

As of May 2017

Investors, this is a real opportunity. Cash flow is great. One apartment is currently being refurbished and the others have long term tenants.

Last Agent to Sell the Property

Mike Hutton

Century 21 Bell Real Estate License #11197 Listed on: 03/16/2017

Century 21 Bell Real Estate

Last Buyer's Agent

Victoria Ganskow

Coldwell Banker, The Property Exchange License #12589

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1908

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,816 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Utilities

  • Hot Water Heating System
  • Radiant Heating System

Listing and Financial Details

  • The owner pays for electricity, gas, water

Community Details

Overview

  • 5 Units
  • City Of Cheyenne Subdivision

Building Details

  • Gross Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Hot Water, Radiant
  • Lot Size: 8712
  • Type: 5-8 Plex
  • Annual Income: 33300
  • Total Sq Ft: 3816
  • Taxes: 1236.07
  • Tax Year: 2016
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Level Sq Ft: 1908
  • Second Level Sq Ft: 1908
  • Appliances: Refrigerator, Range/Oven

Exterior Features

  • Acreage: 0.2
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • No. of Units: 5
  • Annual Expenses: 10800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Garland Properties Llc
Bought by
Mountain West Property Llc
Current Estimated Value
$693,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$258,659
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$435,215

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jul 5, 2017
Sold by
Gt Investments Inc
Bought by
Garland Properties Llc
Seller's Agent
Mike Hutton
Century 21 Bell Real Estate
Buyer's Agent
Victoria Ganskow
Coldwell Banker, The Property Exchange
List Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$180,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 4, 2015
Closed on
Dec 18, 2015
Sold by
H&S Property Services Llc
Bought by
Gron Stuga Rentals Llc
Seller's Agent
Jerry Ciz
Coldwell Banker, The Property Exchange
Buyer's Agent
Mike Hutton
Century 21 Bell Real Estate
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$99,400
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2005
Sold by
Smith Harold S and Smith Sandra C
Bought by
H&S Property Services Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mountain West Property Llc -- First American
Garland Properties Llc -- None Available
Gron Stuga Rentals Llc -- First American Title
H&S Property Services Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountain West Property Llc $387,000
Previous Owner Garland Properties Llc $180,000
Previous Owner Gron Stuga Rentals Llc $99,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2017 05/19/17 Sold -- -- --
05/08/2017 05/08/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $185,000 +15.7% $48 / Sq Ft
12/18/2015 12/18/15 Sold -- -- -- View Prior Sale
10/29/2015 10/29/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $159,900 -- $42 / 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 $1,743 $28,794 $4,493 $24,301
2024 $1,743 $24,655 $4,493 $20,162
2023 $1,784 $25,229 $4,493 $20,736
2022 $1,816 $25,165 $4,493 $20,672
2021 $1,621 $22,413 $4,493 $17,920
2020 $1,603 $22,220 $4,493 $17,727
2019 $1,143 $15,833 $4,493 $11,340
2018 $1,103 $15,421 $4,372 $11,049
2017 $1,294 $17,933 $4,372 $13,561
2016 $1,249 $17,294 $4,372 $12,922
2015 $1,236 $17,113 $4,372 $12,741
2014 $1,227 $16,880 $4,372 $12,508
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Hutton

    Century 21 Bell Real Estate

    Section Image
  • Victoria Ganskow

    Buyer's Agent in 2017

    Victoria Ganskow

    Coldwell Banker, The Property Exchange

    (307) 275-2825

    8 in this area

    163 Total Sales

    Victoria Ganskow
    Section Image

  • J

    Seller's Agent in 2015

    Jerry Ciz

    Coldwell Banker, The Property Exchange

    (307) 631-1359

    4 in this area

    31 Total Sales

    Jerry Ciz
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 67165

Cheyenne Board of REALTORS®

APN: 1-1001-0486-0002-0

Wyoming Laramie County Cheyenne 82001 Historic Cheyenne

1617 E 12th St, Cheyenne, WY

Not Listed for Sale

MultiFamily

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