NOT LISTED FOR SALE

305 E Loucks St Sheridan, WY 82801

Estimated Value: $399,049 - $513,000

4 Beds
2 Baths
4,342 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 24, 2020

Current estimated payment $2,724/month

22 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Fenced
  • Sheridan High School Rated A-
  • Forced Air Heating System
  • Lap Siding

About This Home

As of July 2020

Investors don't miss out on this one! Price includes 3 units, 1 large 4 bedroom, 2 bath with a full finished basement and an attached 2 car garage. A studio apartment and a 2 bedroom house. All units have newer roofs, 311 E loucks has a gas furnace that is 3 years old. Units are fully occupied with gross rents of $2800 per month, offered at 7.85% cap rate. Price includes multiple repairs to the exterior of the homes and tree trimming and removal. Price to sell fast at $377,000. with excellent cash flow
Sellers reserve the right to do a 1031 tax free exchange at no expense to the buyer

Last Agent to Sell the Property

Team Valdez

Summit Realty Group Inc. Listed on: 06/02/2020

Last Buyer's Agent

Dave Wills

Summit Realty Group Inc. License #14632

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1918

Lot Details

  • Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 4,342 Sq Ft Home
  • Asphalt Roof
  • Lap Siding
  • Metal Siding
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,500

Community Details

Overview

  • No Home Owners Association
  • Palmer Subdivision

Building Details

  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,070

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick Built
  • Prop. Type: Multi-Unit
  • Subdivision Name: Palmer
  • Directions: 305 E Loucks is on the corner of E. Loucks and Conner, 305 B Studio apartment is directly behind main house through breezeway . 311 E. Loucks is next door to 305 E. Loucks
  • Year Built: 1918
  • Water Type:Public Water: Yes
  • Fuel Type:Natural Gas2: Yes
  • Heat Type:Gas Forced Air2: Yes
  • AC Type:Window AC: Yes
  • Roof Type:Composite Asphalt: Yes
  • Property Information:Total Sq Ft: 4342.0
  • Property Features:Fence: Yes
  • Exterior:Vinyl: Yes
  • Driveway:Concrete2: Yes
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding, Lap Siding
  • Roof: Asphalt
  • Exterior:Lap Siding: Yes
  • Exterior:Metal4: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 2.0
  • Property Information:Garage Stalls: 2
  • Multi Unit Info:_pound_ of Garages: 1
  • Unit 1 Info:Unit 1 Garage: 2 car attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: School District #2
  • High School: School District #2
  • Middle Or Junior School: School District #2

Multi Family

  • Annual Gross Income: 2800.0
  • Total Actual Rent: 1500.0

Tax Info

  • Tax Annual Amount: 2070.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 24, 2020
Sold by
Valdez Doug L and Valdez Mary A
Bought by
Laible Nate
Seller's Agent
Team Valdez
Summit Realty Group Inc.
Buyer's Agent
Dave Wills
Summit Realty Group Inc.
Current Estimated Value
$459,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,440
Outstanding Balance
$326,965
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$135,062
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
Laible Nate -- Sheridan County Title Ins Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Laible Nate $20,012
Open Laible Nate $366,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold -- -- --
06/24/2020 06/24/20 Pending -- -- --
06/02/2020 06/02/20 For Sale -- -- --
Source: Sheridan County 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 $2,706 $29,313 $5,730 $23,583
2024 $2,706 $37,846 $7,581 $30,265
2023 $2,619 $36,635 $6,812 $29,823
2022 $2,361 $33,015 $5,318 $27,697
2021 $1,860 $26,017 $2,062 $23,955
2020 $1,611 $22,536 $2,062 $20,474
2019 $1,562 $21,841 $2,062 $19,779
2018 $1,375 $19,231 $2,062 $17,169
2017 $0 $18,434 $2,062 $16,372
2015 -- $18,384 $2,062 $16,322
2014 -- $18,198 $2,062 $16,136
2013 -- $17,443 $2,062 $15,381
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Team Valdez

    Summit Realty Group Inc.

  • Dave Wills

    Buyer's Agent in 2020

    Dave Wills

    Summit Realty Group Inc.

    (307) 751-4851

    101 Total Sales

    Dave Wills
    Section Image
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Map

Source: Sheridan County Board of REALTORS®

MLS Number: 20-417

APN: 03-5684-26-3-33-003-25

Wyoming Sheridan County Sheridan 82801

305 E Loucks St, Sheridan, WY

This home is located at 305 E Loucks St, Sheridan, WY 82801 since 02 June 2020 and is currently estimated at $459,350, approximately $105 per square foot. This property was built in 1918. 305 E Loucks St is a home located in Sheridan County with nearby schools including Sheridan High School.

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