$1,550,000
SOLD DEC 27, 2024
Last list price

823 S Main St Sheridan, WY 82801

-- Bed
-- Bath
5,168 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

408 Days on Market

Highlights

  • No HOA
  • Sheridan High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

INVESTMENT OPPORTUNITY! Just a short walk from the thriving downtown of Sheridan, Wyoming, this highly profitable investment property is conveniently located near many popular local restaurants, bars, and shops. Built in 2018, this 4-plex features four 2-bedroom, 2 1/2 bathroom units with ability to lease a portion of units as short-term rentals under R-2 Zoning. The complex is currently offering a mix of both long-term and short-term rental options. The fully furnished short-term rentals are being managed by a successful local management team specializing in the Airbnb market. Newly built turnkey investment properties like this are a rare find in the Sheridan area.

Last Agent to Sell the Property

Matt Paulus

Powers Land Brokerage, LLC License #RE-15450 Listed on: 04/11/2024

Last Buyer's Agent

Matt Paulus

Powers Land Brokerage, LLC License #RE-15450 Listed on: 04/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 2018

Lot Details

  • Sprinkler System

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 5,168 Sq Ft Home
  • Metal Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Vale Avoca Place 2Nd Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,363

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick Built
  • Prop. Type: Multi-Unit
  • Subdivision Name: Vale Avoca Place 2nd
  • Directions: Call listing agent.
  • Year Built: 2018
  • Water Type:Public Water: Yes
  • Fuel Type:Natural Gas2: Yes
  • Heat Type:Gas Forced Air2: Yes
  • AC Type:Central Air: Yes
  • Property Information:Total Sq Ft: 5168.0
  • Property Features:Auto Lawn Sprinkler: Yes
  • Driveway:BlackTop: Yes
  • Special Features: None

Exterior Features

  • Exterior Features: Auto Lawn Sprinkler
  • Exterior:Metal4: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Property Information:Garage Stalls: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: School District #2
  • High School: School District #2
  • Middle Or Junior School: School District #2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Dec 24, 2024
Sold by
Fence Creek Land & Cattle Llc
Bought by
823 S Main Street Llc
Seller's Agent
Matt Paulus
Powers Land Brokerage, LLC
Buyer's Agent
Matt Paulus
Powers Land Brokerage, LLC
List Price
$1,550,000
Views
38
Current Estimated Value
$614,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$144,628
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$460,515

Purchase Details

Closed on
Apr 28, 2023
Sold by
Acquire Llc
Bought by
Fence Creek Land & Cattle Llc
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Open $1,266,835 Construction
Previous Owner $265,572 New Conventional
Previous Owner $177,195 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold -- -- --
10/27/2024 10/27/24 Off Market -- -- --
04/11/2024 04/11/24 For Sale $1,550,000 0.0% $300 / Sq Ft
12/03/2023 12/03/23 Off Market -- -- --
11/15/2023 11/15/23 For Sale $1,550,000 -- $300 / Sq Ft
Source: Sheridan County 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
2024 $4,363 $61,018 $6,660 $54,358
2023 $4,555 $63,709 $5,653 $58,056
2022 $3,799 $53,132 $4,997 $48,135
2021 $3,282 $45,898 $4,940 $40,958
2020 $360 $5,035 $5,035 $0
2019 $192 $2,679 $2,679 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt Paulus

    Powers Land Brokerage, LLC

    (307) 210-8787

    38 Total Sales

    Matt Paulus
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Map

Source: Sheridan County Board of REALTORS®

MLS Number: 23-1023

APN: 03-5684-34-1-05-015-00

Wyoming Sheridan County Sheridan 82801

823 S Main St, Sheridan, WY

This home is located at 823 S Main St, Sheridan, WY 82801 and is currently estimated at $1,550,000, approximately $299 per square foot. This property was built in 2018. 823 S Main St is a home located in Sheridan County with nearby schools including Sheridan High School, Holy Name Catholic School, and Reaching Higher.

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.

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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