NOT LISTED FOR SALE

2021 Evans Ave Cheyenne, WY 82001

Historic Cheyenne Neighborhood

Estimated Value: $375,597 - $465,000

4 Beds
4 Baths
3,556 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 23, 2024

Current estimated payment $2,375/month

24 Days on Market

Highlights

  • Deck
  • Washer and Dryer
  • Fenced
  • Garage

About This Home

As of February 2024

This Turnkey investment property offers a pro-forma cap rate well over 10%. It has been operated as a thriving AirBnB combined with long-term rental of some units. Located within walking distance to Cheyenne Regional Medical Center, it is easy to maintain high occupancy rates. The main house has six fully furnished one bed, one bath or studio units with kitchens or kitchenettes. A cottage and garage are leased separately to a long-term tenant for additional income. All furniture and appliances stay. Several of the units were recently renovated. Property may qualify for preferred financing as a 4-unit property. Sellers may be open to creative financing with significant down payment.

Last Agent to Sell the Property

Mariah Jeffery

Coldwell Banker, The Property Exchange Listed on: 01/14/2024

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Mariah Jeffery

Coldwell Banker, The Property Exchange Listed on: 01/14/2024

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Microwave
  • Washer and Dryer

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Community Details

  • 7 Units
  • Original Town Subdivision

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,298

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Lot Size: 8,712
  • Type: 5-8 Plex
  • Exterior Feature: Deck, Fence
  • Total Sq Ft: 3556
  • Taxes: $2298.92
  • Tax Year: 2023
  • Year Built: 1900
  • Earnest Money Payable To: Coldwell Banker TPE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 2073
  • Second Level Sq Ft: 959
  • Appliances: Microwave, Refrigerator
  • Basement Sq Ft: 524

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage(s), Off Street

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Stor Leon
Bought by
Wild Wild West Vacation Homes Llc
Current Estimated Value
$420,299

Purchase Details

Listed on
Mar 28, 2017
Closed on
May 24, 2017
Sold by
Janssen Laura E and Estate Of Ronald E Geist
Bought by
Miller Tomaso and Miller Isaac
Seller's Agent
Suzanne Holly
NextHome Rustic Realty
Buyer's Agent
Ashlee Martindale
Coldwell Banker, The Property Exchange
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$175,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Wild Wild West Vacation Homes Llc -- None Listed On Document
Wild Wild West Vacation Homes Llc -- None Listed On Document
Miller Tomaso $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Tomaso $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold -- -- --
02/07/2024 02/07/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $528,900 0.0% $149 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $528,900 +135.1% $149 / Sq Ft
06/16/2017 06/16/17 Sold -- -- -- View Prior Sale
04/30/2017 04/30/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $225,000 -- $79 / Sq Ft
Source: Cheyenne Board of REALTORS®

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 $2,321 $38,320 $4,342 $33,978
2024 $2,321 $32,830 $4,342 $28,488
2023 $2,299 $32,512 $4,342 $28,170
2022 $2,327 $32,241 $4,342 $27,899
2021 $1,936 $26,759 $4,342 $22,417
2020 $1,790 $24,807 $4,342 $20,465
2019 $1,754 $24,289 $4,342 $19,947
2018 $1,668 $23,317 $3,837 $19,480
2017 $1,951 $27,032 $3,837 $23,195
2016 $1,841 $25,497 $3,680 $21,817
2015 $1,453 $20,111 $3,680 $16,431
2014 $1,448 $19,920 $3,680 $16,240
Source: Public Records

Agents Affiliated with this Home

  • Mariah Jeffery

    Seller's Agent in 2024

    Mariah Jeffery

    Coldwell Banker, The Property Exchange

    (307) 316-2239

    10 in this area

    165 Total Sales

    Mariah Jeffery
    Section Image

  • S

    Seller's Agent in 2017

    Suzanne Holly

    NextHome Rustic Realty

    Section Image
  • Ashlee Martindale

    Buyer's Agent in 2017

    Ashlee Martindale

    Coldwell Banker, The Property Exchange

    (307) 760-9808

    3 in this area

    96 Total Sales

    Ashlee Martindale
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 92360

Cheyenne Board of REALTORS®

APN: 1-1001-0261-0003-1

Wyoming Laramie County Cheyenne 82001 Historic Cheyenne

2021 Evans Ave, Cheyenne, WY

Not Listed for Sale

MultiFamily

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