NOT LISTED FOR SALE

2915 Reed Ave Cheyenne, WY 82001

Estimated Value: $477,000 - $543,580

6 Beds
4 Baths
3,510 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 26, 2022

Current estimated payment $3,023/month

3 Days on Market

Highlights

  • Brick or Stone Mason
  • Garage
  • Washer and Dryer
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Fully occupied 4 plex. New windows and exterior paint. Four garages included in the rent. Central Air. Original hardwoods and charm with updated bathrooms in each unit. Maintenance free exterior on 4 plex. Hurry this one wont last long! Seller paid: $14,596.87 at time of closing for repair costs.

Last Agent to Sell the Property

Jennifer Jessen Nelson

#1 Properties Listed on: 04/24/2022

#1 Properties

Last Buyer's Agent

Wendy Volk

#1 Properties License #3021

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1936

Lot Details

  • 5,786

Parking

  • Garage

Home Design

  • Quadruplex
  • Brick or Stone Mason
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,510 Sq Ft Home
  • 1.5-Story Property
  • Oven or Range
  • Washer and Dryer

Additional Features

  • 5,786 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Gross Income $33,746

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Style: 1 1/2 Story
  • Class: Multi-Family
  • Heating System: Gas Forced Air, Central Air, Electric
  • Lot Size: 5786
  • Type: 4-Plex
  • Annual Income: 33746
  • Total Sq Ft: 3510
  • Taxes: 2530
  • Year Built: 1936
  • Earnest Money Payable To: #1 Properties
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 1260
  • Second Level Sq Ft: 990
  • Appliances: Range/Oven, Refrigerator
  • Basement Sq Ft: 1260

Exterior Features

  • Acreage: 0.13
  • Construction: Brick, Stucco
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Garage(s)

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 4
  • Annual Expenses: 1211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Jefferson Apartments Llc
Bought by
Viking Apartments Llc
Current Estimated Value
$502,193

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 25, 2022
Sold by
Shoemaker and Heather
Bought by
Jefferson Apartments Llc
Seller's Agent
Jennifer Jessen Nelson
#1 Properties
Buyer's Agent
Wendy Volk
#1 Properties
List Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.29%
Original Mortgage
$420,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 24, 2022
Sold by
Graham and Vicki
Bought by
Jefferson Apartments Llc
Seller's Agent
Jennifer Jessen Nelson
#1 Properties
Buyer's Agent
Wendy Volk
#1 Properties
List Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2009
Sold by
Clay Joann J
Bought by
Cheyenne Rental 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
$132,000
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 27, 2003
Sold by
Sheesley Drew W and Sheesley Shannon L
Bought by
Walker Beverly Jean

Purchase Details

Closed on
Dec 15, 2000
Sold by
E Brown Irrevoc Tr Brown, Richard C Trustee O
Bought by
Sheesley Drew W and Sheesley Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2000
Sold by
First National Bank & Trust Co Wyoming
Bought by
Brown Richard C and Brown Carvel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Viking Apartments Llc -- --
Jefferson Apartments Llc -- First American Title
Jefferson Apartments Llc -- First American Title
Jefferson Apartments Llc -- None Listed On Document
Jefferson Apartments Llc -- None Listed On Document
Cheyenne Rental Properties Llc -- None Available
Walker Beverly Jean -- --
Sheesley Drew W -- --
Brown Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jefferson Apartments Llc $420,000
Previous Owner Cheyenne Rental Properties Llc $132,000
Previous Owner Sheesley Drew W $114,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold -- -- --
04/27/2022 04/27/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $525,000 -- $150 / 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 $3,697 $39,202 $2,657 $36,545
2024 $3,697 $52,278 $3,542 $48,736
2023 $3,507 $49,596 $3,542 $46,054
2022 $3,125 $43,289 $3,542 $39,747
2021 $2,530 $34,976 $3,542 $31,434
2020 $2,342 $32,471 $3,542 $28,929
2019 $2,277 $31,538 $3,542 $27,996
2018 $2,192 $30,651 $3,449 $27,202
2017 $2,025 $28,052 $3,449 $24,603
2016 $1,966 $27,227 $3,449 $23,778
2015 $2,005 $27,764 $3,449 $24,315
2014 $1,727 $23,764 $3,449 $20,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 85699

Cheyenne Board of REALTORS®

APN: 1-8665-0002-0003-0