NOT LISTED FOR SALE

405 Bent Ave Cheyenne, WY 82007

Historic Cheyenne Neighborhood

Estimated Value: $826,000

8 Beds
8 Baths
3,600 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 21, 2018

Current estimated payment $4,659/month

458 Days on Market

Highlights

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

About This Home

As of November 2018

Brand new and ready for the savvy investor. Upper units are 2-bedroom/2-bath, lower units are 2-bedroom/1-bath 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 includes insurance, exterior maintenance, lawn care, snow removal. Excellent return on investment 100 percent occupied 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

Joseph Prunty

#1 Properties License #2574

#1 Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • Landscaped
  • Front Yard Sprinklers

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,600 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 $45,600
  • Net Operating Income $33,096

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Type: 4-Plex
  • Annual Income: 45600
  • Exterior Feature: Deck, Patio, Lawn Sprinklers, Landscaped
  • Total Sq Ft: 3600
  • 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

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: 33096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Nov 21, 2018
Sold by
Annie Morgan Aprtments Llc
Bought by
Cooksey Kelly A and Cooksey Kelly Ann
Seller's Agent
Cynthia Biggs
#1 Properties
Buyer's Agent
Joseph Prunty
#1 Properties
List Price
$465,000
Current Estimated Value
$826,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$348,750
Outstanding Balance
$307,276
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,724
Source: Public Records

Range of Values:

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

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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
Cooksey Kelly A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooksey Kelly A $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold -- -- --
08/27/2018 08/27/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $465,000 0.0% $129 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $465,000 +3.3% $129 / Sq Ft
02/01/2018 02/01/18 Price Changed $450,000 -2.2% $125 / Sq Ft
09/15/2017 09/15/17 Price Changed $460,000 +2.2% $128 / Sq Ft
05/26/2017 05/26/17 For Sale $450,000 -- $125 / Sq Ft
Source: Cheyenne Board of REALTORS®

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 $3,773 $61,609 $4,349 $57,260
2024 $3,773 $53,363 $4,349 $49,014
2023 $3,868 $54,698 $4,349 $50,349
2022 $3,956 $54,808 $4,349 $50,459
2021 $3,321 $45,904 $4,349 $41,555
2020 $2,872 $39,814 $3,566 $36,248
2019 $2,846 $39,414 $3,566 $35,848
2018 $189 $2,645 $2,645 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Biggs

    Seller's Agent in 2018

    Cynthia Biggs

    #1 Properties

    (307) 221-3334

    13 in this area

    389 Total Sales

    Cynthia Biggs
    Section Image
  • Joseph Prunty

    Buyer's Agent in 2018

    Joseph Prunty

    #1 Properties

    (307) 630-0950

    1 in this area

    28 Total Sales

    Joseph Prunty
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 68001

Cheyenne Board of REALTORS®

APN: 1-8203-0001-0006-0

Wyoming Laramie County Cheyenne 82007 Historic Cheyenne

405 Bent Ave, Cheyenne, WY

Not Listed for Sale

MultiFamily

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