NOT LISTED FOR SALE

70 E 1st St Cheyenne Wells, CO 80810

Estimated Value: $116,110

-- Bed
-- Bath
2,960 Sq Ft
$39/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $119,000 $40 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $659/month

2 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property

About This Home

As of June 2022

Mailbox money, 18 Storage units in Cheyenne Wells CO located in town with total annual rents of $11,136.00 Units rent from 20.00 to 70.00 per month.Sellers are currently using some of the storage units.

Last Agent to Sell the Property

Virgil George

Rocking X Land Company Listed on: 04/30/2022

Last Buyer's Agent

Virgil George

Rocking X Land Company Listed on: 04/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1997

Lot Details

  • 4,592

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,960 Sq Ft Home
  • 1-Story Property

Schools

  • Cheyenne Wells Elementary And Middle School
  • Cheyenne Wells High School

Additional Features

  • 4,592 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 333921219025

Community Details

Overview

  • No Home Owners Association
  • 18 Units
  • Original Town Of Cheyenne Wells Subdivision

Building Details

  • Gross Income $10,022
  • Net Operating Income $8,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$709

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Original Town of Cheyenne Wells
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2960
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Has Basement: None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: None
  • Utilities: None
  • Heating Yn: No
  • Sewer: No Water/Sewer
  • Water Source: No Water/Sewer, Town

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Cheyenne Wells
  • HighSchool: Cheyenne Wells
  • Junior High Dist: Cheyenne County RE-5
  • Middle Or Junior School: Cheyenne Wells

Lot Info

  • Zoning: Commercial
  • Lot Size Sq Ft: 4592
  • Parcel #: 333921219025
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 709

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 10022.4
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Morford Jadie
Bought by
Triple J Properties Co Llc
Current Estimated Value
$116,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,593
Outstanding Balance
$170,841
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$57,359

Purchase Details

Closed on
Jul 20, 1998
Sold by
Cheyenne Fertilizer Co
Bought by
Corbin Nelson

Purchase Details

Closed on
May 1, 1989
Sold by
Dwyer Evonne K
Bought by
Allen Jackie L and Allen Gail M

Purchase Details

Closed on
Nov 11, 1979
Sold by
Dwyer Ricky Dean

Purchase Details

Closed on
Apr 25, 1977
Sold by
Eichenberger Clyde E and Eichenberger Verna M
Bought by
Dwyer Ricky D and Dwyer Evonne K

Purchase Details

Closed on
Apr 17, 1974
Sold by
Eichenberger Clyde E
Bought by
Eichenberger Clyde E and Eichenberger Verna M

Purchase Details

Closed on
Jul 16, 1965
Sold by
Larsen Jack D and Larsen Emma
Bought by
Howard William I and Howard Carolyn Jo
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
Triple J Properties Co Llc $173,000 None Listed On Document
Corbin Nelson $6,500 --
Allen Jackie L -- --
-- -- --
Dwyer Ricky D -- --
Eichenberger Clyde E -- --
Howard William I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triple J Properties Co Llc $174,593
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $119,000 0.0% $40 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $119,000 -- $40 / Sq Ft
Source: IRES 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
2024 $323 $12,197 $435 $11,762
2023 $320 $12,197 $435 $11,762
2022 $783 $8,190 $435 $7,755
2021 $709 $7,550 $435 $7,115
2020 $692 $7,550 $435 $7,115
2019 $661 $7,550 $435 $7,115
2018 $713 $7,550 $0 $0
2017 $722 $7,550 $0 $0
2016 $718 $7,550 $0 $0
2015 $702 $7,550 $0 $0
2014 -- $7,550 $0 $0
2013 -- $7,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Virgil George

    Seller's Agent in 2022

    Virgil George

    Rocking X Land Company

    (719) 349-1966

    54 Total Sales

    Virgil George
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Map

Source: IRES MLS

MLS Number: 964288

IRES MLS

APN: 3339-21-2-19-025

Colorado Cheyenne County Cheyenne Wells 80810

70 E 1st St, Cheyenne Wells, CO

This home is located at 70 E 1st St, Cheyenne Wells, CO 80810 since 30 April 2022 and is currently estimated at $116,110, approximately $39 per square foot. This property was built in 1997. 70 E 1st St is a home located in Cheyenne County with nearby schools including Cheyenne Wells Elementary School and Cheyenne Wells 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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.

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