NOT LISTED FOR SALE

Estimated Value: $883,139 - $1,038,000

8 Beds
8 Baths
3,904 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 19, 2020

Current estimated payment $5,818/month

2 Days on Market

Highlights

  • 0.28 Acre Lot
  • Property is near a bus stop
  • Washer and Dryer
  • Boise Senior High School Rated A
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of May 2020

This home is located at 1101 N Mercer St, Boise, ID 83703 since 24 March 2020 and is currently estimated at $939,035, approximately $240 per square foot. This property was built in 2000. 1101 N Mercer St is a home located in Ada County with nearby schools including Taft Elementary School, Hillside Junior High School, and Boise Senior High School.

Last Agent to Sell the Property

Linda Slaughter

Silvercreek Realty Group Listed on: 03/24/2020

Silvercreek Realty Group

Last Buyer's Agent

Diana Reynolds

Silvercreek Realty Group

Silvercreek Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,312

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property

Home Design

  • 3,904 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Composition Roof

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Taft Elementary School
  • Hillside Middle School
  • Boise High School

Utilities

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

Additional Features

  • Washer and Dryer
  • Property is near a bus stop

Listing and Financial Details

  • Total Actual Rent $3,340
  • Assessor Parcel Number R4726000176

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $9,932
  • Gross Income $38,878
  • Net Operating Income $28,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,312

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Year Built: 2000
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Ownership: Fee Simple
  • Subdivision Name: Jones Ralph Sub
  • 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: 3904

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air, All Units
  • Electric: 206, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Cable Connected

Schools

  • Elementary School: Taft
  • Junior High Dist: Boise School District #1
  • High School: Boise
  • Middle Or Junior School: Hillside

Lot Info

  • Lot Features: 10000SF - .49, Bus on City Route, Sidewalks, Sbjt to Fair Housing Stnd
  • Parcel Number: R4726000176
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 12196.8
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6312.18

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 38878
  • Property Net Operating Income: 28980
  • Annual Operating Expense: 9932
  • Total Actual Rent: 3340
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 14, 2020
Sold by
Rathbun William W and Malcom Nikki L
Bought by
Melborg Kyle W and Knowles Stephanie K
Seller's Agent
Linda Slaughter
Silvercreek Realty Group
Buyer's Agent
Diana Reynolds
Silvercreek Realty Group
List Price
$595,000
Current Estimated Value
$923,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Outstanding Balance
$539,060
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2016
Sold by
Rathbun William W
Bought by
Rathbun William W and Malcom Nikki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Shiloh Properties Llc
Bought by
Appel Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Melborg Kyle W -- Titleone A Title & Escrow Co
Rathbun William W -- Titleone Boise
Appel Daniel H -- Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melborg Kyle W $593,000
Previous Owner Rathbun William W $135,000
Previous Owner Shiloh Properties Llc $258,000
Previous Owner Appel Daniel H $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold -- -- --
03/26/2020 03/26/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $595,000 -- $152 / 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 $9,147 $898,100 -- --
2023 $9,147 $957,900 $0 $0
2022 $8,081 $932,000 $0 $0
2021 $7,607 $696,000 $0 $0
2020 $7,279 $613,100 $0 $0
2019 $6,312 $465,200 $0 $0
2018 $6,070 $399,800 $0 $0
2017 $5,437 $340,200 $0 $0
2016 $5,196 $317,300 $0 $0
2015 $4,106 $300,300 $0 $0
2012 -- $215,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98761544

Intermountain MLS

APN: R4726000176