NOT LISTED FOR SALE

70 E 1st St Cheyenne Wells, CO 80810

Estimated Value: $111,153

Studio
-- Bath
2,960 Sq Ft
$38/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2022

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

Est. 7% decrease in value since last sale

Current estimated payment $690 / mo

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 License #40019045 Listed on: 04/30/2022

Last Buyer's Agent

Virgil George

Rocking X Land Company License #40019045 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

4,592 Sq Ft Lot

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"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Bought by
Current Estimated Value
$111,153

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
$167,585
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$56,432

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 2, 2022
Sold by
Bought by
Seller's Agent
Virgil George
Rocking X Land Company
Buyer's Agent
Virgil George
Rocking X Land Company
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%
Original Mortgage
$83,768
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1998
Sold by
Bought by

Purchase Details

Closed on
May 1, 1989
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 1979
Sold by

Purchase Details

Closed on
Apr 25, 1977
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1974
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 1965
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$173,000 None Listed On Document
-- None Listed On Document
$6,500 --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $174,593
Previous Owner $83,768
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,083 $14,978 $435 $14,543
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

    49 Total Sales

    Virgil George
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Map

Source: IRES MLS

MLS Number: IRE964288

IRES MLS

APN: 3339-21-2-19-025

Colorado Cheyenne County Cheyenne Wells 80810

70 E 1st St, Cheyenne Wells, CO

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IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID

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