NOT LISTED FOR SALE

2119 E 11th St Cheyenne, WY 82001

Lake Minnehaha Neighborhood

Estimated Value: $331,000 - $374,000

4 Beds
2 Baths
1,960 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2021

Current estimated payment $2,058 / mo

9 Days on Market

Highlights

  • 1-Story Property
  • Washer and Dryer
  • Fenced
  • Central Air

About This Home

As of October 2021

This newly renovated fully leased duplex is a great turnkey option for investors. Attractively priced at a ~7% cap rate, this provides a great way to grow your investment portfolio. Each unit has its own laundry!

Last Agent to Sell the Property

James Bowers

Coldwell Banker, The Property Exchange Listed on: 09/08/2021

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Cynthia Biggs

#1 Properties License #686

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $864

Year Built

  • Built in 1947

Lot Details

  • 6,350 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer

Utilities

  • Central Air

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,380
  • Net Operating Income $20,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$864

Year Built

Built in 1947

Lot Details

6,350 Sq Ft Lot

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Central Air
  • Lot Size: 6350
  • Type: Duplex
  • Annual Income: 25380
  • Exterior Feature: Fence
  • Total Sq Ft: 1960
  • Taxes: 864.25
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 1000
  • Appliances: Range/Oven, Refrigerator
  • Basement Sq Ft: 960

Exterior Features

  • Acreage: 0.15
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 2
  • Annual Expenses: 3848
  • Net Operating Income: 20688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 28, 2021
Sold by
Kona Fp Llc
Bought by
Wintersteiger Galo A Seidlitz and Seidlltz Carmen R
Seller's Agent
James Bowers
Coldwell Banker, The Property Exchange
Buyer's Agent
Cynthia Biggs
#1 Properties
List Price
$294,900
Current Estimated Value
$357,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$225,000
Outstanding Balance
$205,624
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,513

Purchase Details

Closed on
Oct 9, 2020
Sold by
Cole Donald A and Cole Lisa
Bought by
Kona Fp Llc

Purchase Details

Closed on
Jul 31, 1998
Sold by
Cole Sara C and Cole Bernard E
Bought by
Bernard E Cole & Sara Cole Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Wintersteiger Galo A Seidlitz -- Laramie Cnty Abstract & Ttl
Kona Fp Llc -- First American
Kona Fp Llc -- First American Title
Bernard E Cole & Sara Cole Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wintersteiger Galo A Seidlitz $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold -- -- --
09/17/2021 09/17/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $294,900 -- $150 / 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 $1,808 $19,343 $2,518 $16,825
2024 $1,808 $25,573 $3,357 $22,216
2023 $1,765 $24,959 $3,357 $21,602
2022 $1,627 $22,538 $3,357 $19,181
2021 $864 $11,947 $3,357 $8,590
2020 $805 $11,164 $3,357 $7,807
2019 $783 $10,848 $3,357 $7,491
2018 $669 $9,353 $2,533 $6,820
2017 $655 $9,082 $2,533 $6,549
2016 $627 $8,678 $2,446 $6,232
2015 $595 $8,234 $2,446 $5,788
2014 $602 $8,288 $2,446 $5,842
Source: Public Records

Agents Affiliated with this Home

  • James Bowers

    Seller's Agent in 2021

    James Bowers

    Coldwell Banker, The Property Exchange

    (307) 509-0003

    2 in this area

    261 Total Sales

    James Bowers
    Section Image
  • Cynthia Biggs

    Buyer's Agent in 2021

    Cynthia Biggs

    #1 Properties

    (307) 221-3334

    1 in this area

    379 Total Sales

    Cynthia Biggs
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 83527

Cheyenne Board of REALTORS®

APN: 1-5105-0021-0002-0

Wyoming Laramie County Cheyenne 82001 Lake Minnehaha

2119 E 11th St, Cheyenne, WY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cheyenne Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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