NOT LISTED FOR SALE

Estimated Value: $788,495

12 Beds
8 Baths
5,400 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 31, 2018

Current estimated payment $4,660/month

405 Days on Market

Highlights

  • Deck
  • Landscaped
  • Washer and Dryer
  • Patio
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2018

Brand new and ready for the savvy investor. Upper units are 2-bedroom/2-bath, lower units are 4-bedroom/2-bath with basement and are ADA-compliant. All apartments have central air and all appliances including washer and dryer. Wonderful location, will have great cash-flow. HOA is $350 covers insurance, exterior maintenance, snow removal and lawn care. Excellent return on investment Pictures are of a building competed of the same floor plan

Last Agent to Sell the Property

Cynthia Biggs

#1 Properties License #686 Listed on: 05/26/2017

#1 Properties

Last Buyer's Agent

Deborah Wall

#1 Properties License #11522

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 2017

Lot Details

  • Landscaped
  • Front Yard Sprinklers

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $54,000
  • Net Operating Income $47,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,367

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Type: 4-Plex
  • Annual Income: 54000
  • Exterior Feature: Deck, Patio, Lawn Sprinklers, Landscaped
  • Total Sq Ft: 5400
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Carpeted, Window Covering
  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 1800
  • Second Level Sq Ft: 1800
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement Sq Ft: 1800

Exterior Features

  • 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: Garbage Removal, Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • No. of Units: 4
  • Annual Expenses: 6504
  • Net Operating Income: 47496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 31, 2018
Sold by
Annie Morgan Apartments Llc
Bought by
Houseman Jerry Dee and Houseman Kaven A
Seller's Agent
Cynthia Biggs
#1 Properties
Buyer's Agent
Deborah Wall
#1 Properties
List Price
$505,000
Current Estimated Value
$788,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$505,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 1, 2018
Sold by
Annie Morgan Apartments Llc
Bought by
Houseman Jerry Dee and Houseman Karen A
Seller's Agent
Cynthia Biggs
#1 Properties
Buyer's Agent
Deborah Wall
#1 Properties
List Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.5%
Mortgage Type
VA
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
Houseman Jerry Dee -- First American Title
Houseman Jerry Dee -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houseman Jerry Lee $50,000
Open Houseman Jerry Lee $493,824
Closed Houseman Jerry Dee $505,000
Closed Houseman Jerry Dee $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold -- -- --
07/05/2018 07/05/18 Pending -- -- --
06/30/2018 06/30/18 Price Changed $515,000 +2.0% $95 / Sq Ft
04/21/2018 04/21/18 For Sale $505,000 0.0% $94 / Sq Ft
04/21/2018 04/21/18 Price Changed $505,000 -1.0% $94 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $510,000 +5.2% $94 / Sq Ft
09/15/2017 09/15/17 Price Changed $485,000 +7.8% $90 / Sq Ft
05/26/2017 05/26/17 For Sale $450,000 -- $83 / 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 $4,367 $75,850 $3,701 $72,149
2024 $4,367 $64,766 $3,701 $61,065
2023 $4,472 $66,240 $3,701 $62,539
2022 $4,591 $66,605 $3,701 $62,904
2021 $3,765 $55,039 $3,701 $51,338
2020 $3,003 $44,623 $3,187 $41,436
2019 $3,189 $44,165 $3,187 $40,978
2018 $172 $2,407 $2,407 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 68007

Cheyenne Board of REALTORS®

APN: 1-8203-0001-0010-0