$1,100,000
SOLD SEP 25, 2024
Last list price
8 Beds
8 Baths
3,973 Sq Ft
5,793 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

9 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Lewis & Clark Middle School Rated A-
  • Washer and Dryer

About This Home

As of September 2024

Great location. Condo style 4 plex located at Franklin and Locust Grove in Meridian. There are only 15 four plexes and are well maintained. Outdoor pool and clubhouse with gym next door. Walking paths, covered parking, black appliances and stacked front load laundry sets. Opportunity to purchase a 4 plex with great vacancy rates which leads to good P&L report. HOA is 320 per month.

Last Agent to Sell the Property

Kurt Habenicht

Idaho Life Real Estate Listed on: 08/23/2024

Last Buyer's Agent

Steven Satterlee

Keller Williams Realty Boise

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,594

Year Built

  • Built in 2019

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • 3,973 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Washer and Dryer

Parking

  • 1 Parking Space
  • Carport

Schools

  • Meridian Elementary School
  • Lewis And Clark Middle School
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $5,795
  • Assessor Parcel Number R7824440160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,594

Year Built

Built in 2019

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Year Built: 2019
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Ownership: Fee Simple
  • Subdivision Name: Shallow Creek
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 8
  • Living Area: 3973

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Cable Connected

Condo/Co-op/Association

  • Association Fee: 385
  • Association Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Meridian
  • Junior High Dist: West Ada School District
  • High School: Centennial
  • Middle Or Junior School: Lewis and Clark

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF
  • Parcel Number: R7824440160
  • Current Use: 2-4 Units
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5594

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5795
  • Above Grade Finished Area Units: Square Feet

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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

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,100,000 0.0% $276 / Sq Ft
09/25/2024 09/25/24 Sold -- -- --
09/01/2024 09/01/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $1,100,000 +51.7% $277 / Sq Ft
08/31/2020 08/31/20 Sold -- -- --
07/15/2020 07/15/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $725,000 -- $182 / Sq Ft
Source: Intermountain MLS

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 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 -- $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98921772

Intermountain MLS

APN: R7824440150