NOT LISTED FOR SALE

Estimated Value: $637,000

6 Beds
4 Baths
5,289 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 05, 2018

Current estimated payment $3,711/month

4 Days on Market

Highlights

  • Deck
  • Patio
  • Coin Laundry
  • Brick or Stone Mason
  • Hot Water Heating System
  • 4-minute walk to Leo Pando Park

About This Home

As of October 2018

Invest today in the maintenance free 6 plex with coin operated laundry, storage & sprinkler system. All units are very clean & well kept. Tenants pay gas and electric. The complex has off street parking.

Last Agent to Sell the Property

Jon Pietsch

Coldwell Banker, The Property Exchange License #3350 Listed on: 09/10/2018

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Victoria Ganskow

Coldwell Banker, The Property Exchange License #12589

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,266

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • 5,289 Sq Ft Home
  • Brick or Stone Mason
  • Composition Roof

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Deck
  • Patio

Utilities

  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas

Community Details

Overview

  • 6 Units
  • City Of Cheyenne Subdivision

Amenities

  • Coin Laundry

Building Details

  • Gross Income $41,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,266

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Heating System: Hot Water
  • Lot Size: 8712
  • Type: 5-8 Plex
  • Annual Income: 41000
  • Exterior Feature: Deck, Patio, Fence
  • Total Sq Ft: 5289
  • Taxes: 2266
  • Tax Year: 2018
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Access
  • Laundry: Coin Ops
  • First Level Sq Ft: 1961
  • Second Level Sq Ft: 1287
  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Basement Sq Ft: 2041

Exterior Features

  • Acreage: 0.2
  • Construction: Brick
  • Roof: Composition/Asphalt
  • Water: Community Water/Well

Garage/Parking

  • Garage Carport: Off Street

Utilities

  • Sewer: City Sewer

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 6
  • Annual Expenses: 13000
  • Net Operating Income: 28000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Twin Pines Investment Group Llc
Bought by
Love The View Llc
Current Estimated Value
$637,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,125
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 26, 2018
Sold by
Twin Pines Investments Group Llc
Bought by
Twin Pines Investments Group Llc
Seller's Agent
Jon Pietsch
Coldwell Banker, The Property Exchange
Buyer's Agent
Victoria Ganskow
Coldwell Banker, The Property Exchange
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$252,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 5, 2018
Sold by
Dereemer Joseph C
Bought by
Twin Pines Investment Group Llc
Seller's Agent
Jon Pietsch
Coldwell Banker, The Property Exchange
Buyer's Agent
Victoria Ganskow
Coldwell Banker, The Property Exchange
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2013
Sold by
Dereemer Joseph C and Dereemer Donna W
Bought by
Dereemer Joseph C and The Joseph C Dereemer Revocable Trust

Purchase Details

Closed on
Jan 13, 1976
Sold by
Federer & Partner
Bought by
Phillips William R and Wasserburger John T
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
Love The View Llc -- None Available
Twin Pines Investments Group Llc -- None Available
Twin Pines Investment Group Llc -- Abstract & Title
Dereemer Joseph C -- None Available
Phillips William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Love The View Llc $403,125
Previous Owner Twin Pines Investments Group Llc $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold -- -- --
09/14/2018 09/14/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $360,000 -- $68 / 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 $3,841 $63,877 $4,493 $59,384
2024 $3,841 $54,318 $4,493 $49,825
2023 $3,836 $54,256 $4,493 $49,763
2022 $3,827 $53,022 $4,493 $48,529
2021 $3,099 $42,843 $4,493 $38,350
2020 $2,404 $33,330 $4,493 $28,837
2019 $2,362 $32,716 $4,493 $28,223
2018 $2,267 $31,691 $4,372 $27,319
2017 $2,091 $28,973 $4,372 $24,601
2016 $2,009 $27,828 $4,372 $23,456
2015 $1,765 $24,442 $4,372 $20,070
2014 $1,749 $24,058 $4,372 $19,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 72896

Cheyenne Board of REALTORS®

APN: 1-1001-0049-0006-0