NOT LISTED FOR SALE

305 E Loucks St Sheridan, WY 82801

Estimated Value: $413,000 - $602,000

4 Beds
2 Baths
4,342 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2020

Current estimated payment $2,795 / mo

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

Concept Z Home & Property 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
  • 3 Units
  • 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 Sq Ft Lot

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

  • Number Of Units Total: 3
  • Annual Gross Income: 2800.0
  • Total Actual Rent: 1500.0

Tax Info

  • Tax Annual Amount: 2070.0
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 24, 2020
Sold by
Bought by
Seller's Agent
Team Valdez
Summit Realty Group Inc.
Buyer's Agent
Dave Wills
Concept Z Home & Property
Current Estimated Value
$493,685

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
$325,538
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$168,147
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Sheridan County Title Ins Ag
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $366,440
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,096 $29,313 $5,730 $23,583
2024 $27 $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

    Concept Z Home & Property

    (307) 751-4851

    86 Total Sales

    Dave Wills
    Section Image

  • D

    Buyer's Agent in 2020

    David Wills

    Summit Realty Group Inc.

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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

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