NOT LISTED FOR SALE

132 N 2162 W Rexburg, ID 83440

Estimated Value: $507,729 - $674,000

4 Beds
3.5 Baths
3,234 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 02, 2019

Current estimated payment $3,455/month

252 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Madison Senior High School Rated A-
  • Storage
  • 2 Car Garage

About This Home

As of May 2019

24 HOURS NOTICE TO SHOW! This is an unbelievable duplex with an impeccable rental history! This was originally built as a large, residential home but has been converted to a duplex for over 12 years now. The home sits on 4+ acres of land and located just outside of Rexburg near the well known Mother Hibbard's and Valley Wide Country Store. A unit of this size and with this amount of acreage is hard to find. Additional land would lend itself to livestock and/or future development opportunities. City storm drain is already located on the property. Duplex is already positioned in the definitive path of growth. There are also other properties contiguous that could collectively be purchased, making for a larger tract of acreage. Ask listing agent for more information. This is your opportunity to own a custom duplex with some acreage that could either be land-banked or developed out. A portion of the land is near the river and would be an ideal nature park due to water.

Last Agent to Sell the Property

Ryan Lerwill

Keller Williams Realty East Idaho Listed on: 07/30/2018

Keller Williams Realty East Idaho

Last Buyer's Agent

Ryan Lerwill

Keller Williams Realty East Idaho Listed on: 07/30/2018

Keller Williams Realty East Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1994

Lot Details

  • 4.52 Acre Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Storage
  • Finished Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • Hibbard 321El Elementary School
  • Madison 321Jh Middle School
  • Madison 321Hs High School

Utilities

  • Shared Heating and Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Well
  • Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, trash collection
  • The owner pays for electricity, gas, insurance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Has Basement: Finished
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 4.52
  • Subdivision Name: None
  • Directions: From Main Street Rexburg, head west and continue under the overpass towards Hibbard area. Turn right onto N 2162 W and property will be located on the left.
  • Above Grade Finished Sq Ft: 1953
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Interior Amenities: Storage, None
  • Appliances: Common Water Heaters, Oven, Dishwasher, Refrigerator
  • Owner Pays: Electricity, Gas, Insurance
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1281
  • Living Area: 3234

Exterior Features

  • Roof: Composition
  • View: None
  • Lot Features: Interstate Exit/Access, Near Mall/Shop, Established Lawn, Many Trees
  • View: No
  • Construction Type: Frame, Metal
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Existing

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street, Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas, Common Heat
  • Electric: Common Power Meters, Rocky Mountain Power
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 196891.2
  • Zoning Description: General Zoning: Rx-Rurl Resid 1,Specific Zoning: Rexburg-Rural Residential 1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Other

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3027.4

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Hibbard 321EL
  • HighSchool: Madison 321HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Wilson Eric D and Wilson Amy
Bought by
Van-Wilson Properties Llc
Current Estimated Value
$599,932

Purchase Details

Listed on
Jul 30, 2018
Closed on
Apr 26, 2019
Sold by
Dunn Ole D and Dunn Kathleen P
Bought by
Wilson Eric D and Wilson Amy
Seller's Agent
Ryan Lerwill
Keller Williams Realty East Idaho
Buyer's Agent
Ryan Lerwill
Keller Williams Realty East Idaho
List Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$225,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Ryan Ryan and Lerwill Kalle
Bought by
Dunn Ole D
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
Van-Wilson Properties Llc -- --
Wilson Eric D -- First American Title Rexburg
Dunn Ole D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Eric D $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold -- -- --
04/08/2019 04/08/19 Pending -- -- --
07/30/2018 07/30/18 For Sale $339,000 -- $105 / 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
2025 $3,593 $461,869 $108,160 $353,709
2024 $3,593 $461,869 $108,160 $353,709
2023 $3,593 $424,048 $81,120 $342,928
2022 $4,018 $399,746 $67,600 $332,146
2021 $3,862 $323,119 $49,080 $274,039
2020 $3,253 $271,675 $41,580 $230,095
2019 $3,399 $243,710 $41,580 $202,130
2018 $3,135 $227,776 $41,580 $186,196
2017 $3,027 $217,562 $41,580 $175,982
2016 $2,966 $215,529 $39,080 $176,449
2015 $2,687 $195,045 $0 $0
2013 -- $195,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2116630

Snake River Regional MLS

APN: RP06N39E237220