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307 East 2nd Avenue

307 East 2nd Avenue, Cheyenne, WY 82001
Property in Pershing Heights
Sold Jul 27, 2021
$296,300
$237,000 by Better Mortgage Corporation
Mortgage Due Aug 01, 2051
Sold May 13, 2011
$125,000
$100,000 by Meridian Trust Fcu
Mortgage Due Jun 01, 2026
307 East 2nd Avenue has been categorized by the local assessors in Cheyenne, WY as a residential type of property. The building on the property was first built in 1938 and is 86 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 307 East 2nd Avenue has 1,408 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 755 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 307 East 2nd Avenue sold most recently in Jul 21, 2021 for a total of $296,300. If you work out the math, that's approximately a cost of $184.27 per sqft. Before that, the property was also sold for $125,000 in May 12, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,530 in taxes each year. 307 East 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,365. If we break it down further, the land itself was valued at $4,035. Improvements to the property, however, were assessed at a total of $21,330. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 755
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,375
  • Total Building Area: 1,608
  • Gross Building Area: 1,608
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERSHING HEIGHTS ADDITION, 1ST FILING BL
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PERSHING HEIGHTS ADDITION: LOT 3, BLOCK 19

Ownership

  • Current Owner : JOHNSON MILES I
  • Previous Owner : SULLIVAN MICHAEL J
  • Owner Before Previous Owner: JOHNSON ELIZABETH A
  • Owner Before Previous Owner 2: TALBOT JANINE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Laramie County School District 1
  • Census Tract: 000900

Zoning

  • Zoning: MR1

Geography

  • Assessors Map Reference: 14663034700300
  • Account Number: R0022285
  • Parcel: 1-6987-0019-0003-0
  • Block: 19
  • Lot: 3
  • Municipality: CHEYENNE
  • Latitude: 41.1476
  • Longitude: -104.819

    Address

  • Full Address: 307 E 2nd Ave
  • Address - House Number: 307
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: WY
  • City Name: Cheyenne
  • Carrier Code: C007
  • 4-Digit Zip Code: 1407
  • Zip Code: 82001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,530
  • Tax Rate Code Area: 0150

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 75
  • Final Value: 357,081
  • High Value: 423,299
  • Low Value: 290,864

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $237,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $266,999
  • Market Land Value: $42,469
  • Market Improvement Value: $224,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,365
  • Assessed Land Value: $4,035
  • Assessed Improvements Value: $21,330

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11847270178
  • Current Sale Price: $296,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 815965
  • Previous Sale Recording Date: May 13, 2011
  • Previous Sale Contract Date: May 12, 2011
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $237,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MERIDIAN TRUST FCU
  • Previous Mortgage Transaction Date: May 13, 2011
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2026

About Pershing Heights



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Frequently Asked Questions

What neighborhood is 307 East 2nd Avenue located in?
The 307 East 2nd Avenue is a located in the neighborhood of Pershing Heights in Pershing Heights, Cheyenne.
What is the average sales price for listings in 307 East 2nd Avenue?
The average sales price for units in 307 East 2nd Avenue is $0 currently.

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