NOT LISTED FOR SALE

Estimated Value: $340,427 - $532,000

5 Beds
3 Baths
2,511 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 15, 2017

Current estimated payment $2,638/month

16 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Washer and Dryer
  • Landscaped
  • Coin Laundry

About This Home

As of June 2017

Great investment opportunity! Centrally located, all brick, fully leased apartment building with sprinkler system. Hardwood floors throughout. Coin operated laundry on the lower level. Maintenance and lawn care provided by one of the renters for a discounted monthly payment. Non-refundable pet deposit is $200, and tenant pays an extra $25/month for each pet, with a max of 2 pets per unit. Current owner willing to manage the property for an out-of-town buyer. Investment currently earns over 9% cap rate.

Last Agent to Sell the Property

Stephanie Van Veckhoven

Keller Williams Realty Frontier License #RE-14035 Listed on: 04/03/2017

Keller Williams Realty Frontier

Last Buyer's Agent

James Bowers

Coldwell Banker, The Property Exchange License #12840

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1950

Lot Details

  • 4,025 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Triplex
  • Brick or Stone Mason

Interior Spaces

  • 2,511 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for garbage removal, water
  • Assessor Parcel Number 16157002100200

Community Details

Overview

  • 3 Units
  • Mountview Park Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,083

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 4025
  • Tax Database Id: 1
  • Type: 3-Plex
  • Exterior Feature: Lawn Sprinklers, Landscaped
  • Total Sq Ft: 2511
  • Taxes: 1083
  • Tax Year: 2016
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Laundry: Coin Ops, Washer/Dryer Included
  • First Level Sq Ft: 837
  • Second Level Sq Ft: 837
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 837

Exterior Features

  • Acreage: 0.09
  • Construction: Brick
  • 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: 3

Tax Info

  • Assessor Parcel Number: 16157002100200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Myatt Brett
Bought by
Pryor Dick and Pryor Linda
Current Estimated Value
$451,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Outstanding Balance
$176,196
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$275,613

Purchase Details

Closed on
Jun 14, 2016
Sold by
Red Sky Properties Llc
Bought by
Myatt Brett

Purchase Details

Closed on
Mar 31, 2016
Sold by
Bishop Clint
Bought by
Red Sky Properties Llc

Purchase Details

Closed on
Aug 31, 2015
Sold by
Bishop Properties Llc
Bought by
Bishop Clint

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bishop Clint
Bought by
Bishop Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,451
Interest Rate
4.22%
Mortgage Type
VA

Purchase Details

Closed on
Jun 18, 2010
Sold by
Bishop Clint
Bought by
Bishop Properties Llc

Purchase Details

Closed on
Dec 20, 2007
Sold by
Middelstadt Art and Middelstadt Betty
Bought by
Bishop Clint

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,128
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2005
Sold by
Young Matthew Jerry and Young Carla Ann
Bought by
Middelstadt Art and Middelstadt Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,440
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1999
Sold by
Connell Alexander and Connell Luann
Bought by
Connell Alex and Connell Luann M
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
Pryor Dick -- Laramie County Abstract & Ti
Pryor Dick -- New Title Company Name
Myatt Brett -- None Available
Red Sky Properties Llc -- None Available
Bishop Clint -- None Available
Bishop Properties Llc -- Accommodation
Bishop Clint -- None Available
Bishop Properties Llc -- None Available
Bishop Clint -- None Available
Middelstadt Art -- --
Connell Alex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pryor Dick $234,500
Closed Pryor Dick $234,500
Previous Owner Bishop Clint $175,451
Previous Owner Bishop Clint $176,128
Previous Owner Middelstadt Art $121,440
Previous Owner Middlestadt Betty $22,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold -- -- --
04/19/2017 04/19/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $760,000 -- $303 / 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 $2,345 $24,438 $2,463 $21,975
2024 $2,345 $33,159 $3,283 $29,876
2023 $2,211 $31,265 $3,283 $27,982
2022 $1,989 $27,556 $3,283 $24,273
2021 $1,643 $22,714 $3,283 $19,431
2020 $1,513 $20,975 $3,283 $17,692
2019 $1,474 $20,419 $3,283 $17,136
2018 $1,452 $20,301 $3,211 $17,090
2017 $1,322 $18,312 $3,211 $15,101
2016 $1,083 $15,000 $3,211 $11,789
2015 $1,133 $15,681 $3,211 $12,470
2014 $1,040 $14,306 $2,435 $11,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 67376

Cheyenne Board of REALTORS®

APN: 1-6157-0021-0020-0