NOT LISTED FOR SALE

Estimated Value: $441,000 - $488,000

4 Beds
2 Baths
1,885 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 31, 2024

Current estimated payment $2,531/month

99 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating unit installed on the ceiling
  • Washer and Dryer
  • Garden
  • 4 Car Garage
  • Wood Fence

About This Home

As of October 2024

Superb location! Currently lowest priced, multi-unit investment opportunity in all of Boise and Meridian! Close to schools, shopping centers, restaurants and local amenities. Easy maintenance, low average cost for water, sewer and trash. Separate electrical meters. Metal roof. New carpet and interior paint 08/23 in unit #1130. Currently both units are tenant occupied with long rental history. Unit#1130 Leased through 08/31/25 @1100 MO. Unit #1128 is currently month to month at $1100 MO with opportunity to rent at projected $1350 MO. North 1/3 portion of lot (approx, 2200 sqft.) potential for garage or out-building with P/Z approval. Current leases Landlord pays water/sewer/trash (approx $85 month) Tenants pay electric.

Last Agent to Sell the Property

Todd Bedegi

Atova Listed on: 06/26/2024

Atova

Last Buyer's Agent

Hunter Christian

The Agency Boise

The Agency Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Wood Fence
  • Wire Fence
  • Garden

Home Design

  • 1,885 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Metal Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking

Schools

  • Meridian Elementary School
  • Meridian Middle School
  • Meridian High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating unit installed on the ceiling
  • Separate Meters
  • Cable TV Available

Additional Features

  • Stove
  • Washer and Dryer

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number R2039450100

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,157
  • Gross Income $26,400
  • Net Operating Income $22,243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Lot Size: 75x120
  • CapRate: 45
  • Ownership: Fee Simple
  • Subdivision Name: Eastside Park S
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Heating: Ceiling, Electric
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 4
  • Living Area: 1885

Exterior Features

  • Roof: Metal
  • Fencing: Wire, Wood
  • Construction Type: Brick

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other, Finished Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Cable Connected

Schools

  • Elementary School: Meridian
  • Junior High Dist: West Ada School District
  • High School: Meridian
  • Middle Or Junior School: Meridian Middle

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF, Garden
  • Parcel Number: R2039450100
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 8276.4
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2276

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400
  • Property Net Operating Income: 22243
  • Annual Operating Expense: 4157
  • Total Actual Rent: 2200
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 28, 2024
Sold by
Joseph P Lucas Ira and Mountain West Ira Inc
Bought by
Skalisky Matthew and Skalisky Julie
Seller's Agent
Todd Bedegi
Atova
Buyer's Agent
Hunter Christian
The Agency Boise
List Price
$494,900
Views
65
Current Estimated Value
$450,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$345,000
Outstanding Balance
$341,546
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,348

Purchase Details

Closed on
Apr 19, 2012
Sold by
Secure Property Management Llc
Bought by
Mountain West Ira Inc and Joseph P Lucas Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Aurora Loan Services Llc
Bought by
Secure Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2011
Sold by
Pankowski Daniel
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 30, 2007
Sold by
Stoppello Anthony L
Bought by
Pankowski Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,300
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1998
Sold by
Stoppello Anthony L
Bought by
Stoppello Anthony L and Stoppello Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Skalisky Matthew -- Empire Title
Mountain West Ira Inc -- Stewart Title Emerald Office
Secure Property Management Llc -- Alliance Title Production Ce
Aurora Loan Services Llc $196,727 First American Title & Escro
Pankowski Daniel -- Pioneer
Stoppello Anthony L -- Transnation Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skalisky Matthew $345,000
Previous Owner Mountain West Ira Inc $10,000
Previous Owner Secure Property Management Llc $97,500
Previous Owner Pankowski Daniel $180,300
Previous Owner Stoppello Anthony L $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold -- -- --
10/03/2024 10/03/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $494,900 -- $263 / 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
2025 $2,142 $430,600 -- --
2024 $2,319 $430,300 -- --
2023 $2,319 $431,400 $0 $0
2022 $2,276 $428,700 $0 $0
2021 $2,291 $322,800 $0 $0
2020 $2,213 $265,500 $0 $0
2019 $2,656 $245,600 $0 $0
2018 $2,265 $194,000 $0 $0
2017 $2,043 $165,600 $0 $0
2016 $1,975 $153,900 $0 $0
2015 $859 $141,200 $0 $0
2012 -- $106,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Intermountain MLS

MLS Number: 98915579

Intermountain MLS

APN: R2039450100