NOT LISTED FOR SALE

1625 Converse Ave Cheyenne, WY 82001

Estimated Value: $483,000

6 Beds
4 Baths
3,226 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 30, 2015

Current estimated payment $2,797/month

3 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Carpet
  • 1-Story Property
  • Washer and Dryer

About This Home

As of January 2015

Well designed 4-Plex. All brick with off-street parking. Tenants pay own gas & electric. Separate furnace, water heaters, and washers for each unit. One unit includes a dryer. Shared dryer in utility room. Excellent location S of Pershing & N of Lincolnway. The renter in Apt. A has been there for 15 years. Two 2-bedroom units and two 1-bedroom units.

Last Agent to Sell the Property

Janet Black

#1 Properties License #1180 Listed on: 01/05/2015

#1 Properties

Last Buyer's Agent

Vicki Graham

#1 Properties License #4316

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1954

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 3,226 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 5,700 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • Garden Homes Subdivision

Building Details

  • Gross Income $22,080
  • Net Operating Income $14,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,252

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5700
  • Type: 4-Plex
  • Annual Income: 22080
  • Total Sq Ft: 3226
  • Taxes: 1252
  • Tax Year: 2014
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Carpeted
  • Laundry: Individual, Washer/Dryer Included
  • First Level Sq Ft: 1613
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 1613

Exterior Features

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

Garage/Parking

  • Garage Carport: Off Street

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: 4
  • Annual Expenses: 7178
  • Net Operating Income: 14902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Bird Jason L and Bird Susanna S
Bought by
Gramercy Properties Llc
Current Estimated Value
$483,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2020
Sold by
Gramercy Properties Llc
Bought by
Bird Jason L and Bird Susanna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jan 30, 2015
Sold by
Banjo Rentals Llc
Bought by
Gramercy Properties Llc
Seller's Agent
Janet Black
#1 Properties
Buyer's Agent
Vicki Graham
#1 Properties
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Williams Donald E and Williams Danna M
Bought by
Banjo Rentals Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Gramercy Properties Llc -- None Available
Bird Jason L -- First American
Gramercy Properties Llc -- None Available
Banjo Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bird Jason L $103,200
Previous Owner Gramercy Properties Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold -- -- --
01/08/2015 01/08/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $250,000 -- $77 / 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 $1,975 $32,900 $3,681 $29,219
2024 $1,975 $27,924 $3,681 $24,243
2023 $1,970 $27,855 $3,681 $24,174
2022 $2,012 $27,877 $3,681 $24,196
2021 $1,674 $23,134 $3,681 $19,453
2020 $1,541 $21,365 $3,681 $17,684
2019 $1,513 $20,961 $3,681 $17,280
2018 $1,504 $21,023 $3,586 $17,437
2017 $1,358 $18,813 $3,586 $15,227
2016 $1,313 $18,179 $3,586 $14,593
2015 $1,333 $18,458 $3,586 $14,872
2014 $1,321 $18,174 $3,586 $14,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 59668

Cheyenne Board of REALTORS®

APN: 1-3948-0016-0015-0