$425,000
SOLD AUG 25, 2021
Last list price
6 Beds
4 Baths
3,128 Sq Ft
9,504 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

71 Days on Market

Highlights

  • Patio
  • Washer and Dryer
  • Carpet
  • Forced Air Heating System

About This Home

As of August 2021

This is a great investment property located on a corner lot right next to a school with off street parking and plenty of opportunity to increase equity!

Last Agent to Sell the Property

Steve Prescott

RE/MAX Capitol Properties License #2559 Listed on: 06/15/2021

RE/MAX Capitol Properties

Last Buyer's Agent

George Costopoulos

#1 Properties License #4765

#1 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,853

Year Built

  • Built in 1952

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,128 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Patio
  • 9,504 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for garbage removal, water
  • Assessor Parcel Number 11001068100120

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $33,600
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,853

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 9504
  • Tax Database Id: 1
  • Type: 4-Plex
  • Annual Income: 33,600
  • Exterior Feature: Patio
  • Total Sq Ft: 3128
  • Taxes: 1852.56
  • Year Built: 1952
  • Earnest Money Payable To: RE/MAX Capitol Properties
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Carpeted
  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 1564
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement Sq Ft: 1564

Exterior Features

  • Acreage: 0.22
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Off Street

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: 4
  • Annual Expenses: 6000
  • Net Operating Income: 27,600

Tax Info

  • Assessor Parcel Number: 11001068100120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 27, 2021
Sold by
Lindly Daniel L and Lindly Lindsey A
Bought by
J C Designs Llc
Seller's Agent
Steve Prescott
RE/MAX Capitol Properties
Buyer's Agent
George Costopoulos
#1 Properties
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$367,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,499
Avg. Annual Appreciation
-4.55%
Original Mortgage
$240,000
Outstanding Balance
$219,332
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$148,169

Purchase Details

Listed on
Apr 29, 2018
Closed on
Jun 18, 2018
Sold by
Hood Beulah
Bought by
Lindly Daniel L and Lindly Lindsey A
Seller's Agent
Larry Gardner
RE/MAX Capitol Properties
Buyer's Agent
Halley Trembath
Rock Solid Properties, LLC
List Price
$298,500
Sold Price
$293,500
Premium/Discount to List
-$5,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$234,800
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Future Advance Clause Open End Mortgage
Previous Owner $234,800 New Conventional
Previous Owner $122,000 New Conventional
Previous Owner $117,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2022 06/18/22 Pending -- -- --
08/25/2021 08/25/21 Sold -- -- --
06/15/2021 06/15/21 For Sale $425,000 +42.4% $136 / Sq Ft
06/18/2018 06/18/18 Sold -- -- --
05/04/2018 05/04/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $298,500 -- $95 / 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 $2,856 $30,938 $3,220 $27,718
2024 $2,856 $40,387 $4,293 $36,094
2023 $2,719 $38,447 $4,293 $34,154
2022 $2,521 $34,927 $4,200 $30,727
2021 $2,091 $28,906 $4,200 $24,706
2020 $1,853 $25,680 $4,200 $21,480
2019 $1,807 $25,024 $4,200 $20,824
2018 $1,176 $19,439 $3,507 $15,932
2017 $995 $16,791 $2,556 $14,235
2016 $923 $15,777 $2,344 $13,433
2015 $1,220 $19,896 $2,344 $17,552
2014 $1,188 $19,339 $2,371 $16,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 82554

Cheyenne Board of REALTORS®

APN: 1-1001-0681-0012-0