NOT LISTED FOR SALE

305 E Madison Ave Riverton, WY 82501

Riverton Area

Estimated Value: $265,000 - $295,142

5 Beds
3 Baths
2,602 Sq Ft
$107/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2022

Current estimated payment $1,640 / mo

225 Days on Market

Highlights

  • Spa
  • Double Pane Windows
  • Garage
  • Deck
  • Landscaped
  • Wood Siding

About This Home

As of March 2022

Great investment property! This 3 unit triplex gives you the perfect income opportunity. Live in the main unit and rent out the other two, or rent out all three! Either way, you are sure to reap the rewards! Each unit in this triplex is completely updated with new flooring, new paint, new appliances, and a new roof. Each unit has its own laundry. The upper and lower units have 1 bedroom and 1 bathroom, while the main unit has 2 bedrooms and 1 bathroom.

Last Agent to Sell the Property

Brooke McWilliams

Wind River Realty Inc License #RE-14426 Listed on: 06/30/2021

Last Buyer's Agent

Kate Martin

RE/MAX All Star, REALTORS License #662

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1942

Lot Details

  • 13,939 Sq Ft Lot
  • Chain Link Fence
  • Landscaped

Home Design

  • Triplex
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,602 Sq Ft Home
  • Multi-Level Property
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • Radiant Heating System

Community Details

  • 3 Units
  • Insurance Expense $1,200

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,281

Year Built

Built in 1942

Lot Details

0.32 Acres

Listing Details

  • Status: SOLD
  • 1031 Exchange: No
  • Construction Type When Listed: Existing
  • Dual or Variable Rate Commission YN: No
  • Duplicate Listing Y N: No
  • Exterior Extras: Hot Tub, Landscaped, Deck
  • Interior Extras: Double Pane Windows
  • Intermediary: 2.5
  • Lot Size Sq Ft Range: 10001 to 15000 SQ FT
  • Property Description Number2: This all sits on a double lot with plenty of room to add on. It's hard to find investment properties like this, so call Wind River Realty today to schedule a showing!
  • Sale Rent Lease: For Sale
  • Selling Agent1: 466
  • Selling Office1: 177
  • Building Style: Multi-Level
  • Title Commitment From: County Title
  • Year Built: 1942
  • Owner Landlord Pays: Gas, Garbage Removal, Other, Water
  • Annual Miscellaneous Expense: 840
  • Foundation Sq Ft: 930
  • Handicap Amenities: No
  • Number Of Off Street Parking: 3
  • Separate Electric: Yes
  • Separate Gas Y N: No
  • Separate Sewer Y N: No
  • Separate Water Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Other, Range/Oven, Refrigerator
  • Foreclosure: No
  • Laundry: Individual
  • Basement Type: Tri-Plex
  • Number Of Buildings: 1
  • Actual Gross Annual Income: 28200

Exterior Features

  • Exclusions: No
  • Exterior: Wood Siding
  • Fence: Chain Link
  • Foundation: Concrete
  • Number of Acres: 0.32
  • Roof: Composition
  • Total Sq Ft: 2602
  • Exterior Construction: Wood Frame

Garage/Parking

  • Garage/Carport Description: Garage
  • Off Street Parking: Yes

Utilities

  • Cooling: None
  • Electric: Rocky Mountain Power
  • Gas Company: Natural
  • Heating: Radiant Gas
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Property Description: Great investment property! This 3 unit triplex gives you the perfect income opportunity. Live in the main unit and rent out the other two, or rent out all three! Either way, you are sure to reap the rewards! Each unit in this triplex is completely updated with new flooring, new paint, new appliances, and a new roof. Each unit has its own laundry. The upper and lower units have 1 bedroom and 1 bathroom, while the main unit has 2 bedrooms and 1 bathroom.
  • Condo Management: Owner
  • Units in Building: 3

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1281
  • Annual Insurance Expense: 1200

Lot Info

  • Zoning: RESIDENTIAL
  • Lot Size: 14000

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2020

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

Closed on
Jun 29, 2007
Sold by
Bought by
Current Estimated Value
$278,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

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
-- None Available
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 $232,323
Closed $84,000
Closed $70,500
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 Prior Sale
03/25/2022 03/25/22 Sold -- -- --
02/10/2022 02/10/22 Pending -- -- --
06/30/2021 06/30/21 For Sale $250,000 +117.4% $96 / Sq Ft
09/16/2019 09/16/19 Sold -- -- -- View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $115,000 -- $45 / Sq Ft
Source: Wyoming MLS

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
2026 $1,385 $23,328 $4,489 $18,839
2025 $1,707 $17,089 $3,367 $13,722
2024 $1,707 $21,805 $4,489 $17,316
2023 $1,688 $21,141 $4,365 $16,776
2022 $1,316 $16,837 $4,365 $12,472
2021 $1,354 $16,054 $4,365 $11,689
2020 $1,282 $15,939 $4,365 $11,574
2019 $1,183 $15,052 $4,365 $10,687
2018 $1,223 $15,589 $4,416 $11,173
2017 $1,240 $15,779 $4,416 $11,363
2016 $1,233 $15,846 $4,416 $11,430
2015 $678 $13,762 $4,416 $9,346
2014 $678 $14,335 $3,658 $10,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wyoming MLS

MLS Number: 20213785

Wyoming MLS

APN: 9114-34-1-49-003.00

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