NOT LISTED FOR SALE

2922 Reed Ave Cheyenne, WY 82001

Estimated Value: $328,751 - $385,000

5 Beds
3 Baths
2,530 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 19, 2013

Current estimated payment $2,114/month

31 Days on Market

Highlights

  • Forced Air Heating System
  • Coin Laundry
  • Fenced

About This Home

As of August 2013

No Place Like… real estate when you consider investing your money. This 3 unit property produces a 10% return on cash and an over return of about 18%. Long term tenants in a good area. Many upgrades have been completed to this property including a new furnace and much of the plumbing. There is every reason to explore the numbers of this real estate investment because it can make you money today. Call me

Last Agent to Sell the Property

Thomas Jacobson

#1 Properties License #406 Listed on: 06/24/2013

#1 Properties

Last Buyer's Agent

Jennifer Durako

Moore Realty, LLC License #13089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1924

Lot Details

  • 5,786 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,530 Sq Ft Home
  • Window Treatments
  • Oven or Range

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, gas, garbage removal, water
  • Assessor Parcel Number 18665000100120

Community Details

Overview

  • 3 Units
  • Swayger Add Subdivision

Amenities

  • Coin Laundry

Building Details

  • Gross Income $18,623
  • Net Operating Income $10,694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$839

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5786
  • Tax Database Id: 1
  • Type: 3-Plex
  • Annual Income: 18623
  • Exterior Feature: Fence
  • Total Sq Ft: 2530
  • Taxes: 838.72
  • Tax Year: 2011
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Access, Window Covering
  • Laundry: Coin Ops
  • First Level Sq Ft: 1694
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 836
  • Other Income: 226

Exterior Features

  • Acreage: 0.13
  • Construction: Frame
  • 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: Electricity, Gas, Garbage Removal, Water

Multi Family

  • No. of Units: 3
  • Annual Expenses: 8155
  • Net Operating Income: 10694

Tax Info

  • Assessor Parcel Number: 18665000100120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Aug 19, 2013
Sold by
Hultgren Paul A and Hultgren Diane L
Bought by
Shell Edwin
Seller's Agent
Thomas Jacobson
#1 Properties
Buyer's Agent
Jennifer Durako
Moore Realty, LLC
List Price
$145,000
Current Estimated Value
$351,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$142,373
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2007
Sold by
Hultgren Paul and Hultgren Diane
Bought by
Hultgren Paul A and Hultgren Diane L
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
Shell Edwin -- None Available
Hultgren Paul A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shell Edwin $8,448
Open Shell Edwin $42,243
Open Shell Edwin $172,975
Closed Shell Edwin $172,975
Closed Shell Edwin $137,622
Closed Shell Edwin $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold -- -- --
07/25/2013 07/25/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $145,000 -- $57 / 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 $2,070 $21,777 $2,596 $19,181
2024 $2,070 $29,278 $3,462 $25,816
2023 $1,963 $27,764 $3,462 $24,302
2022 $1,776 $24,601 $3,462 $21,139
2021 $1,480 $20,458 $3,462 $16,996
2020 $1,366 $18,939 $3,462 $15,477
2019 $1,282 $17,756 $3,462 $14,294
2018 $1,243 $17,378 $2,862 $14,516
2017 $1,117 $15,480 $2,862 $12,618
2016 $1,045 $14,475 $2,630 $11,845
2015 $1,095 $15,161 $2,630 $12,531
2014 $990 $13,615 $2,630 $10,985
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thomas Jacobson

    #1 Properties

    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Durako

    Moore Realty, LLC

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 54866

Cheyenne Board of REALTORS®

APN: 1-8665-0001-0012-0

Wyoming Laramie County Cheyenne 82001

2922 Reed Ave, Cheyenne, WY

This home is located at 2922 Reed Ave, Cheyenne, WY 82001 since 24 June 2013 and is currently estimated at $352,917, approximately $139 per square foot. This property was built in 1924. 2922 Reed Ave is a home located in Laramie County with nearby schools including Pioneer Park Elementary School, McCormick Junior High School, and Central High School.

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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