NOT LISTED FOR SALE

503 W 5th St Unit 409 Thomes Cheyenne, WY 82007

Estimated Value: $216,000 - $369,000

5 Beds
3 Baths
2,770 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 06, 2022

Current estimated payment $1,983/month

19 Days on Market

Highlights

  • Wood Burning Stove
  • Forced Air Heating System
  • Washer and Dryer
  • Patio

About This Home

As of July 2022

This doesn't happen often- Two great properties for the price of one! This property offers a terrific income opportunity for the savvy owner/investor: live in one unit and rent the other! Or rent them all! Currently units are occupied by tenants 0% vacancy rate for the house, and a 1% vacancy rate for the duplex.

Last Agent to Sell the Property

Laura Morton

TD Real Estate LLC License #13084 Listed on: 05/13/2022

Last Buyer's Agent

Jeanine Perry

Red Diamond Realty License #RE-14786

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1955

Lot Details

  • 5,663

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,770 Sq Ft Home
  • Wood Burning Stove
  • Oven or Range
  • Washer and Dryer

Additional Features

  • Patio
  • 5,663 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,168

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Type: 3-Plex
  • Exterior Feature: Patio
  • Total Sq Ft: 2770
  • Taxes: 2,168
  • Year Built: 1955
  • Earnest Money Payable To: TD Real Estate
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Wood Stove
  • Laundry: Hook-Ups, Washer/Dryer Included
  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Acreage: 0.13
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 5, 2022
Sold by
Archuleta Boroteo A and Archuleta Selina
Bought by
Evans Tony Lynn and Evans Teri Joanne
Seller's Agent
Laura Morton
TD Real Estate LLC
Buyer's Agent
Jeanine Perry
Red Diamond Realty
List Price
$340,000
Current Estimated Value
$313,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%
Original Mortgage
$255,000
Outstanding Balance
$216,252
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$97,432

Purchase Details

Closed on
Jan 2, 2013
Sold by
Archuleta Sally and Archuleta Doroteo
Bought by
Archuleta Joint Revocable Trust and Archuleta
Source: Public Records

Range of Values:

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
Evans Tony Lynn -- First American Title
Evans Tony Lynn -- First American Title
Archuleta Joint Revocable Trust -- --
Archuleta Joint Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Tony Lynn $255,000
Closed Evans Tony Lynn $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold -- -- --
06/01/2022 06/01/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $340,000 -1.4% $123 / Sq Ft
05/13/2022 05/13/22 Price Changed $345,000 +1.5% $125 / Sq Ft
05/13/2022 05/13/22 For Sale $340,000 -- $123 / 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 $3,291 $35,203 $2,404 $32,799
2024 $3,291 $46,546 $3,206 $43,340
2023 $2,667 $37,715 $3,206 $34,509
2022 $2,387 $33,070 $3,206 $29,864
2021 $2,168 $29,970 $3,206 $26,764
2020 $1,711 $23,712 $3,206 $20,506
2019 $1,638 $22,681 $3,206 $19,475
2018 $1,480 $20,697 $2,804 $17,893
2017 $1,439 $19,937 $1,854 $18,083
2014 $1,373 $18,883 $1,739 $17,144
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Morton

    TD Real Estate LLC

    (307) 286-4680

    26 Total Sales

    Laura Morton
    Section Image
  • Jeanine Perry

    Buyer's Agent in 2022

    Jeanine Perry

    Red Diamond Realty

    (970) 573-2814

    60 Total Sales

    Jeanine Perry
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 85835

Cheyenne Board of REALTORS®

APN: 1-8365-0693-0001-0

Wyoming Laramie County Cheyenne 82007

503 W 5th St Unit 409 Thomes, Cheyenne, WY

This home is located at 503 W 5th St Unit 409 Thomes, Cheyenne, WY 82007 since 13 May 2022 and is currently estimated at $313,684, approximately $113 per square foot. This property was built in 1955. 503 W 5th St Unit 409 Thomes is a home located in Laramie County with nearby schools including Cole Elementary School, Johnson Junior High School, and South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cheyenne Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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