NOT LISTED FOR SALE

480 S 5th St Lander, WY 82520

Estimated Value: $402,000 - $523,812

8 Beds
4 Baths
3,430 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 30, 2017

Current estimated payment $2,854/month

14 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Asbestos
  • Landscaped
  • Garage

About This Home

As of August 2017

Two duplexes make up this four unit rental property with individual single car garage for each unit. All units have two bedrooms, one bath, washer and dryer hook ups and are metered separately for electric and gas services. This property has a high occupancy rate making this a great investment property with consistent cash flow.

Last Agent to Sell the Property

John Dailey

Home Source Realty-Lander License #12907 Listed on: 06/22/2017

Last Buyer's Agent

Judy Bauman

Cornerstone Group Realty, LLC License #4982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • Landscaped

Home Design

  • 3,430 Sq Ft Home
  • Quadruplex
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asbestos
  • Stone

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • School Of Choice Elementary School
  • Lander Valley High School

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Oven or Range
  • Washer and Dryer Hookup

Listing and Financial Details

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

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Insurance Expense $718
  • Trash Expense $780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,955

Year Built

Built in 1963

Lot Details

0

Listing Details

  • 1031 Exchange: No
  • OFFICELIST_ADDRESS: 480 S 5th Street
  • Construction Type When Listed: Existing
  • Dual or Variable Rate Commission YN: No
  • Exterior Extras: Landscaped
  • Interior Extras: Garage Door Openers
  • Intermediary: 3
  • Jr High Middle: Other
  • Lot Size Sq Ft Range: 15001 PLUS SQ FT
  • Sale Rent Lease: For Sale
  • Selling Agent1: 823
  • Selling Office1: 533
  • Building Style: Ranch
  • Title Commitment From: First American Title
  • Underground Sprinkler: Other
  • Year Built: 1963
  • Owner Landlord Pays: Garbage Removal, Water
  • Foundation Sq Ft: 3430
  • Handicap Amenities: No
  • Cap Rate Percent: 8
  • Number Of Off Street Parking: 8
  • Separate Electric: Yes
  • Separate Gas Y N: Yes
  • Separate Sewer Y N: No
  • Separate Water Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Foreclosure: No
  • Laundry: Hook Ups
  • Basement Type: Four-Plex
  • Number Of Buildings: 3
  • Actual Gross Annual Income: 28,200

Exterior Features

  • Exclusions: No
  • Exterior: Stone, Asbestos
  • Fence: None
  • Foundation: Concrete
  • Number of Acres: 0.4
  • Roof: T-Lock
  • Total Sq Ft: 3430
  • Exterior Construction: Wood Frame

Garage/Parking

  • Garage/Carport Description: Garage
  • Off Street Parking: Yes

Utilities

  • Cooling: None
  • Electric: Rocky Mountain Power
  • Gas Company: Natural
  • Heating: Forced Air Gas
  • Sewer: City
  • Hot Water: Private Well, City

Condo/Co-op/Association

  • Property Description: Two duplexes make up this four unit rental property with individual single car garage for each unit. All units have two bedrooms, one bath, washer and dryer hook ups and are metered separately for electric and gas services. This property has a high occupancy rate making this a great investment property with consistent cash flow.
  • Condo Management: Owner
  • Units in Building: 4

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1955
  • Annual Insurance Expense: 718
  • Annual Trash Expense: 780

Schools

  • Elementary School: School of choice
  • High School: Lander Valley
  • High School: Lander Valley

Lot Info

  • Zoning: R2
  • Lot Size: 17,500

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2016

MLS Schools

  • Elementary School: School of choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Aug 30, 2017
Sold by
Hayes Kristina Lynn
Bought by
Zimmer Thomas Joseph and Zimmeer Cristin Elizabeth
Seller's Agent
John Dailey
Home Source Realty-Lander
Buyer's Agent
Judy Bauman
Cornerstone Group Realty, LLC
List Price
$325,000
Current Estimated Value
$465,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$226,250
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zimmer Thomas Joseph -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinecreek Partners Llc $260,000
Closed Zimmer Thomas Joseph $226,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold -- -- --
07/06/2017 07/06/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $325,000 -- $95 / Sq Ft
Source: Wyoming MLS

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 $3,890 $39,672 $4,483 $35,189
2024 $3,890 $50,401 $5,978 $44,423
2023 $3,216 $42,005 $5,438 $36,567
2022 $2,638 $35,209 $5,438 $29,771
2021 $2,405 $31,067 $5,184 $25,883
2020 $2,219 $28,722 $5,184 $23,538
2019 $2,292 $29,194 $5,184 $24,010
2018 $2,234 $28,146 $5,184 $22,962
2017 $2,179 $27,380 $5,184 $22,196
2016 $1,955 $24,607 $5,184 $19,423
2015 $2,078 $26,454 $5,184 $21,270
2014 $1,885 $24,037 $5,184 $18,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wyoming MLS

MLS Number: 20174021

Wyoming MLS

APN: 3399-18-3-73-003.00