NOT LISTED FOR SALE

406 E 17th St Cheyenne, WY 82001

Historic Cheyenne Neighborhood

Estimated Value: $456,000

6 Beds
4 Baths
3,056 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 14, 2018

Current estimated payment $2,554/month

Highlights

  • 1-Story Property
  • Coin Laundry
  • Washer and Dryer
  • Hot Water Heating System

About This Home

As of December 2018

Owner occupy to live inexpensively or use this as an investment. Private parking for 4 cars off of the alley. Rents have not been raised in a long time, so there is opportunity for significant cash flow with an increase to market rental rates.

Last Agent to Sell the Property

James Bowers

Coldwell Banker, The Property Exchange Listed on: 10/10/2018

Coldwell Banker, The Property Exchange

Last Buyer's Agent

James Bowers

Coldwell Banker, The Property Exchange Listed on: 10/10/2018

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1916

Lot Details

  • 6,732

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,056 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer

Additional Features

  • 6,732 Sq Ft Lot
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for electricity, garbage removal, gas, water
  • Assessor Parcel Number 11001036000061

Community Details

Overview

  • 4 Units
  • City Of Cheyenne Subdivision

Additional Features

  • Coin Laundry
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,521

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Hot Water
  • Lot Size: 6732
  • Tax Database Id: 1
  • Type: 4-Plex
  • Annual Income: 32,400
  • Total Sq Ft: 3056
  • Taxes: 1520.80
  • Tax Year: 2018
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Coin Ops, Washer/Dryer Included
  • First Level Sq Ft: 2359
  • Appliances: Range/Oven, Refrigerator
  • Basement Sq Ft: 697

Exterior Features

  • Acreage: 0.15
  • Construction: Frame, Stucco
  • 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: Electricity, Garbage Removal, Gas, Water

Multi Family

  • No. of Units: 4
  • Annual Expenses: 9,828

Tax Info

  • Assessor Parcel Number: 11001036000061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
17Th St Silverman Llc
Bought by
Zub Holdings Llc
Current Estimated Value
$456,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$287,674
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$168,326

Purchase Details

Closed on
Oct 9, 2020
Sold by
Endurance Properties Llc
Bought by
17Th St Silverman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2019
Sold by
Hayek Jonathan and Hayek Allison
Bought by
Endurance Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 14, 2018
Sold by
Gallegos Michelle
Bought by
Hayek Jonathan and Hayek Allison
Seller's Agent
James Bowers
Coldwell Banker, The Property Exchange
Buyer's Agent
James Bowers
Coldwell Banker, The Property Exchange
List Price
$299,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$218,250
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 31, 2016
Sold by
Dana Enterprises Llc
Bought by
Gallegos Michelle
Seller's Agent
Ken Vernon
Ken Vernon & Associates
Buyer's Agent
Denise Medina
Aspire Realty
List Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$239,089
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2014
Sold by
Borroni Dana
Bought by
Dana Enterprises Llc

Purchase Details

Closed on
Aug 19, 2003
Sold by
R & R Partners Llc
Bought by
Borroni Dana

Purchase Details

Closed on
Mar 13, 2000
Sold by
Johnson Richard M and Labare Rene D
Bought by
R & R Partners Llc

Purchase Details

Closed on
Apr 19, 1999
Sold by
Bitter Creek Land & Livestock Llc
Bought by
Johnson Richard M and Labare Rene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,810
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zub Holdings Llc -- New Title Company Name
17Th St Silverman Llc -- None Available
17Th St Silverman Llc -- None Listed On Document
Endurance Properties Llc -- Laramie Cnty Abstract & Ttl
Hayek Jonathan -- First American Title
Gallegos Michelle -- First American Title
Dana Enterprises Llc -- None Available
Borroni Dana -- --
R & R Partners Llc -- --
Johnson Richard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zub Holdings Llc $368,000
Previous Owner 17Th St Silverman Llc $320,000
Previous Owner Endurance Properties Llc $40,000
Previous Owner Hayek Jonathan $218,250
Previous Owner Gallegos Michelle $239,089
Previous Owner Johnson Richard M $136,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold -- -- --
10/10/2018 10/10/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $299,999 +11.1% $98 / Sq Ft
11/09/2016 11/09/16 Sold -- -- -- View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $270,000 -- $82 / 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 $1,966 $32,532 $3,850 $28,682
2024 $1,966 $27,808 $3,850 $23,958
2023 $1,953 $27,617 $3,850 $23,767
2022 $1,983 $27,475 $3,850 $23,625
2021 $1,651 $22,817 $3,850 $18,967
2020 $1,523 $21,114 $3,850 $17,264
2019 $1,495 $20,702 $3,850 $16,852
2018 $1,521 $21,264 $3,748 $17,516
2017 $1,342 $18,592 $3,748 $14,844
2016 $1,286 $17,815 $3,748 $14,067
2015 $1,249 $17,287 $3,748 $13,539
2014 $1,237 $17,021 $3,748 $13,273
Source: Public Records

Agents Affiliated with this Home

  • James Bowers

    Seller's Agent in 2018

    James Bowers

    Coldwell Banker, The Property Exchange

    (307) 509-0003

    27 in this area

    263 Total Sales

    James Bowers
    Section Image

  • K

    Seller's Agent in 2016

    Ken Vernon

    Ken Vernon & Associates

    Section Image

  • D

    Buyer's Agent in 2016

    Denise Medina

    Aspire Realty

See All Agents

Map

Source: Cheyenne Board of REALTORS®

MLS Number: 73166

Cheyenne Board of REALTORS®

APN: 1-1001-0360-0006-1

Wyoming Laramie County Cheyenne 82001 Historic Cheyenne

406 E 17th St, Cheyenne, WY

Not Listed for Sale

MultiFamily

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