NOT LISTED FOR SALE

Estimated Value: $259,602 - $312,000

5 Beds
3 Baths
2,125 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 02, 2024

Current estimated payment $1,579/month

7 Days on Market

Highlights

  • Patio
  • Central Air
  • 5-minute walk to Lincoln Park
  • 1-Story Property
  • Washer and Dryer

About This Home

As of May 2024

10% CAP RATE on this beautiful, completely remodeled, 3-Plex! Opportunities are endless on this one. Located in a quiet area of central Cheyenne, one could have this as a high income rental property, live in one unit and rent the rest out, or have a great mother-in-law suite! Washer and Dryer included in ALL the units and all furniture stays as well for you or for all those short term renters here. This one is ready to go! Don't miss out on this incredible investment!

Last Agent to Sell the Property

Casi Dickson

eXp Realty, LLC License #RE-15498 Listed on: 04/01/2024

eXp Realty, LLC

Last Buyer's Agent

Devin Smith

Rock Solid Properties, LLC License #RE-16540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1925

Lot Details

  • 4,356

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,125 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Additional Features

  • Patio
  • 4,356 Sq Ft Lot
  • Central Air

Community Details

  • 3 Units
  • City Of Cheyenne Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, garbage removal, sewer, water
  • Assessor Parcel Number 11001062200072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,728

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Central Air
  • Lot Size: 4,356
  • Tax Database Id: 1
  • Type: 3-Plex
  • Exterior Feature: Patio
  • Total Sq Ft: 2125
  • Taxes: 1727.80
  • Tax Year: 2023
  • Year Built: 1925
  • Earnest Money Payable To: First American Title
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Washer/Dryer Included
  • Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven

Exterior Features

  • Acreage: 0.1
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 3

Tax Info

  • Assessor Parcel Number: 11001062200072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Bennett Tony E and Bennett Herminia V
Bought by
Ball Russell L
Current Estimated Value
$275,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Outstanding Balance
$145,735
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$129,666

Purchase Details

Closed on
May 2, 2016
Sold by
Jennings Michael J and Jennings Carol J
Bought by
Bennett Tony E and Bennett Herminia V

Purchase Details

Closed on
Feb 28, 2012
Sold by
Wright Chelsea L
Bought by
Jennings Michael J and Jennings Carol J

Purchase Details

Closed on
Nov 27, 2010
Sold by
Jennings Michael and Jennings Carol J
Bought by
Jennings Michael and Jennings Carol J

Purchase Details

Closed on
Nov 6, 2009
Sold by
Natural Lites Inc
Bought by
Jennings Michael and Jennings Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2009
Sold by
Natural Lites Inc
Bought by
Jennings Michael and Jennings Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2007
Sold by
Lowe Norman E
Bought by
Scholl Construction Inc

Purchase Details

Closed on
Feb 5, 2003
Sold by
Hud
Bought by
Lowe Norman E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
5.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ball Russell L -- None Available
Bennett Tony E -- None Available
Jennings Michael J -- None Available
Jennings Michael -- None Available
Jennings Michael -- None Available
Jennings Michael -- None Available
Scholl Construction Inc -- None Available
Lowe Norman E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Russell L $165,750
Previous Owner Jennings Michael $90,000
Previous Owner Lowe Norman E $35,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Sold -- -- --
04/08/2024 04/08/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $475,000 +79.2% $224 / Sq Ft
07/29/2022 07/29/22 Sold -- -- -- View Prior Sale
07/18/2022 07/18/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $265,000 -3.6% $204 / Sq Ft
06/16/2022 06/16/22 For Sale $275,000 -- $212 / 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 $1,790 $19,588 $1,803 $17,785
2024 $1,790 $25,317 $2,404 $22,913
2023 $1,728 $24,435 $2,404 $22,031
2022 $1,193 $16,529 $2,404 $14,125
2021 $1,087 $15,022 $2,404 $12,618
2020 $1,228 $17,022 $2,404 $14,618
2019 $1,145 $15,855 $2,404 $13,451
2018 $1,033 $14,448 $2,404 $12,044
2017 $981 $13,586 $1,578 $12,008
2016 $913 $12,643 $1,478 $11,165
2014 $858 $11,810 $1,491 $10,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 93025

Cheyenne Board of REALTORS®

APN: 1-1001-0622-0007-2

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