NOT LISTED FOR SALE

Estimated Value: $49,000

-- Bed
-- Bath
-- Sq Ft
4.24 Acres

Last Sold September 22, 2017

Current estimated payment $309/month

6 Days on Market

About This Home

As of September 2017

22 Space MHP on 4.24 acres near Rossman Elementary and W. College Dr. Stable, long-term tenants plus over a half acre of vacant land ripe for additional spaces or other development.

Last Agent to Sell the Property

Scott Foster

#1 Properties License #5043 Listed on: 07/11/2017

#1 Properties

Last Buyer's Agent

Scott Foster

#1 Properties License #5043 Listed on: 07/11/2017

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1969

Lot Details

  • 4.24 Acre Lot

Home Design

  • Mobile Home Park

Listing and Financial Details

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

Community Details

Overview

  • 22 Units
  • Allison Tracts Subdivision

Building Details

  • Gross Income $62,460
  • Net Operating Income $42,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,274

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lot Size: 184,694
  • Type: Mobile Park
  • Annual Income: 62,460
  • Vacancy Percentage: 14%
  • Taxes: 1274
  • Tax Year: 2016
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acreage: 4.24
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 22
  • Annual Expenses: 20,400
  • Net Operating Income: 42,060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Gustman Matthew and Gustman Crystal
Bought by
Mc Capitl Properties Llc
Current Estimated Value
$49,000

Purchase Details

Closed on
Feb 13, 2020
Sold by
Ruckusville Rentals Llc
Bought by
Gustman Matthew and Gustman Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,750
Outstanding Balance
$668,909
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
-$619,909

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 22, 2017
Sold by
Brown Gregory M and Delores Brown Trust
Bought by
Ruckusville Rentals Llc
Seller's Agent
Scott Foster
#1 Properties
Buyer's Agent
Scott Foster
#1 Properties
List Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.19%
Original Mortgage
$357,000
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mc Capitl Properties Llc -- None Available
Gustman Matthew -- First American
Ruckusville Rentals Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustman Matthew $753,750
Previous Owner Ruckusville Rentals Llc $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold -- -- --
07/17/2017 07/17/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $499,000 -- --
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 $1,706 $22,637 $21,301 $1,336
2024 $1,706 $22,699 $21,301 $1,398
2023 $1,382 $18,411 $16,944 $1,467
2022 $1,371 $17,887 $16,325 $1,562
2021 $1,342 $17,299 $16,325 $974
2020 $1,314 $17,401 $16,325 $1,076
2019 $1,275 $16,959 $15,752 $1,207
2018 $1,272 $17,074 $15,752 $1,322
2017 $1,259 $16,742 $15,752 $990
2016 $1,274 $16,939 $15,752 $1,187
2015 $1,111 $15,520 $14,916 $604
2014 $1,111 $15,503 $14,916 $587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 68659

Cheyenne Board of REALTORS®

APN: 1-1081-0057-0002-0