NOT LISTED FOR SALE

4600 Hilltop Ave Cheyenne, WY 82009

Estimated Value: $4,320,697

-- Bed
24 Baths
38,372 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 16, 2014

Current estimated payment $24,497/month

9 Days on Market

Highlights

  • Brick or Stone Mason
  • Coin Laundry
  • Carpet
  • Hot Water Heating System
  • Washer and Dryer
  • 5-minute walk to Cahill Park

About This Home

As of December 2014

14- 1 bedroom, 1 bath $575 / month 34- 2 Bedrooms, 2 bath $650/ month above ground units have air conditioning mansard roof to be painted soon coin op laundry on site machines owned great location w of ridge rd on dell range

Last Listed By

Chuck West

Coldwell Banker, The Property Exchange License #12852 Listed on: 10/29/2014

Coldwell Banker, The Property Exchange

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,910

Year Built

  • Built in 1972

Lot Details

  • 0.96 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 38,372 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, garbage removal, water
  • Assessor Parcel Number 13921000300001

Community Details

Overview

  • 48 Units
  • Frontier Garden Subdivision

Amenities

  • Coin Laundry

Building Details

  • Gross Income $361,200
  • Net Operating Income $172,205

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,910

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Hot Water
  • Lot Size: 20697
  • Tax Database Id: 1
  • Type: Apartment Complex
  • Annual Income: 361200
  • Total Sq Ft: 38372
  • Vacancy Percentage: 5
  • Taxes: 10910
  • Tax Year: 2014
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Carpeted, Window Covering
  • Laundry: Coin Ops, Washer/Dryer Included
  • First Level Sq Ft: 12868
  • Second Level Sq Ft: 12868
  • Appliances: Disposal, Refrigerator, Range/Oven
  • Basement Sq Ft: 38372
  • Other Income: 14,029

Exterior Features

  • Acreage: 0.96
  • Construction: Brick, Frame
  • Roof: Built-up
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Off Street

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 48
  • Annual Expenses: 184964
  • Net Operating Income: 172205

Tax Info

  • Assessor Parcel Number: 13921000300001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
4600 Hilltop Llc
Bought by
4600 Hilltop Llc
Total Days on Market
9
Current Estimated Value
$4,320,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,160,340
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$3,211,022

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 17, 2014
Sold by
Mcbryan Oliver A and Mcbryan Ann
Bought by
4600 Hilltop Llc
Seller's Agent
Chuck West
Coldwell Banker, The Property Exchange
Buyer's Agent
Nonsubscriber Sale
MLS of Cheyenne
List Price
$2,500,000
Sold Price
$2,269,824
Premium/Discount to List
-$230,176
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,325,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1998
Sold by
Peterson Kenneth C and Schultheis Garth L
Bought by
Schultheis Jon S and Peterson Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
7.17%

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
4600 Hilltop Llc -- First American Title
Schultheis Jon S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4600 Hilltop Llc $1,225,000
Closed 4600 Hilltop Llc $1,325,000
Previous Owner Schultheis Jon S $993,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold -- -- --
11/07/2014 11/07/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $2,500,000 -- $65 / 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
2024 $6,515 $92,133 $5,793 $86,340
2023 $6,685 $94,548 $5,793 $88,755
2022 $6,779 $93,915 $5,793 $88,122
2021 $5,941 $82,128 $5,793 $76,335
2020 $5,925 $82,128 $5,793 $76,335
2019 $6,020 $83,375 $5,793 $77,582
2018 $5,869 $82,054 $5,596 $76,458
2017 $5,665 $78,497 $5,596 $72,901
2014 $5,458 $75,087 $5,596 $69,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 59297

Cheyenne Board of REALTORS®

APN: 1-3921-0003-0000-1