NOT LISTED FOR SALE

1240 Merrett Dr Idaho Falls, ID 83404

Estimated Value: $286,000 - $316,000

4 Beds
1 Bath
2,080 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 26, 2024

Current estimated payment $1,715/month

24 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating System
  • Covered Patio or Porch
  • Property is near schools
  • Ceiling Fan

About This Home

As of April 2024

A BRAND NEW FURNACE WILL BE INSTALLED PRIOR TO CLOSING. Great 4 bedroom home in central Idaho Falls. 4 bedrooms 1 bath with a covered back patio and fenced yard. One of the upstairs bedrooms was used as a laundry but it could easily be converted back.

Last Agent to Sell the Property

Jesse Thomas

Axis Idaho Realty License #SP28539 Listed on: 02/26/2024

Last Buyer's Agent

Juan Murdoch

Keller Williams Realty East Idaho License #SP31686

Keller Williams Realty East Idaho

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot
  • Vinyl Fence
  • Many Trees

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Property is near schools

Schools

  • Theresa Bunker 91El Elementary School
  • Taylor View 91Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Orlin Park Bon Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Has Basement: Full
  • Inclusions: Range
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.15
  • Subdivision Name: Orlin Park-Bon
  • Directions: From 12th street turn South on Merrett drive to address.
  • Above Grade Finished Sq Ft: 1040
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1957
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1040
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2080

Exterior Features

  • Exclusions: Personal Property
  • Roof: Metal
  • Fencing: Vinyl
  • Lot Features: Established Lawn, Many Trees, Near Schools
  • View: No
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Concrete

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement, Main Level, See Remarks
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Forced Air
  • Heating Yn: Yes
  • Electric: Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Zoning Description: Idaho Falls-R1-Single Dwel Res

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2522

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Theresa Bunker 91EL
  • HighSchool: Idaho Falls 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 24, 2024
Sold by
Cornerstone Properties Llc
Bought by
Olcott Robert Austin and Olcott Allison Marie
Seller's Agent
Jesse Thomas
Axis Idaho Realty
Buyer's Agent
Juan Murdoch
Keller Williams Realty East Idaho
List Price
$275,000
Views
127
Current Estimated Value
$298,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$1,450
Outstanding Balance
$399
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$293,895

Purchase Details

Closed on
Oct 26, 2022
Sold by
Clear Recon Corp
Bought by
Cornerstone Properties Llc and Wells Fargo Home Mortgage Inc
Source: Public Records

Range of Values:

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Average Value
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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
Olcott Robert Austin -- Flying S Title And Escrow
Cornerstone Properties Llc $182,000 Flying S Title And Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Olcott Robert Austin $1,450
Open Olcott Robert Austin $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold -- -- --
03/22/2024 03/22/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $275,000 -- $132 / Sq Ft
Source: Snake River Regional 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 $1,090 $285,396 $45,903 $239,493
2023 $2,522 $274,673 $45,903 $228,770
2022 $2,615 $222,845 $30,835 $192,010
2021 $1,868 $153,215 $30,835 $122,380
2019 $2,088 $125,310 $25,700 $99,610
2018 $1,887 $116,537 $23,377 $93,160
2017 $1,755 $99,882 $17,002 $82,880
2016 $1,744 $93,791 $15,451 $78,340
2015 $1,713 $91,211 $15,451 $75,760
2014 $20,374 $91,211 $15,451 $75,760
2013 $42 $91,270 $15,450 $75,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2163498

Snake River Regional MLS

APN: RPA1760006005O