NOT LISTED FOR SALE

Estimated Value: $782,000 - $822,766

4 Beds
4 Baths
3,191 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 05, 2024

Current estimated payment $4,817/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fireplace
  • Property is near a bus stop
  • Longfellow Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

About This Home

As of September 2024

North end efficiency apartments centrally located, with original design and floor plans. Close to downtown, Hyde Park, foothill trails, Boise CoOp and more. Easy walk and bike distance to everything. Desirable and always rented units. Garage on property also leased out and there is potential additional income from a laundry in the basement with washers and dryers. Off street parking as well. No showing without accepted offer.

Last Agent to Sell the Property

Patrick Williamson

Silvercreek Realty Group Listed on: 07/19/2024

Silvercreek Realty Group

Last Buyer's Agent

Jennifer Yates

Powerhouse Real Estate Group

Powerhouse Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x115

Parking

  • 2 Car Detached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,191 Sq Ft Home
  • Fireplace
  • Vinyl Flooring
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Longfellow Elementary School
  • North Jr Middle School
  • Boise High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $4,765
  • Assessor Parcel Number R7406000055

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,768
  • Gross Income $57,180
  • Net Operating Income $41,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,605

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 50x115
  • CapRate: 5.2
  • Ownership: Fee Simple
  • Subdivision Name: Resseguie Add
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Heating: Electric, Forced Air, Natural Gas, Fireplace(s)
  • Appliances: Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Area: 3191

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car, Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Wall/Window Unit(s), Some Units
  • Electric: 297, 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, Unit 5 Separate Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Longfellow
  • Junior High Dist: Boise School District #1
  • High School: Boise
  • Middle Or Junior School: North Jr

Lot Info

  • Lot Features: Small Lot 5999 SF, Bus on City Route, Sidewalks
  • Parcel Number: R7406000055
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: ZC-249
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7605

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 57180
  • Property Net Operating Income: 41412
  • Annual Operating Expense: 15768
  • Total Actual Rent: 4765
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Rollins Gary F and Rollins Tiana P
Bought by
Gtr Properties Llc
Current Estimated Value
$803,942

Purchase Details

Closed on
Nov 23, 2015
Sold by
Gk Weber Properties Llc
Bought by
Rollins Gary F and Rollins Tiana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
3.73%
Mortgage Type
New Conventional
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
Gtr Properties Llc -- None Available
Rollins Gary F -- Pioneer Title Company Of Ada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rollins Gary F $183,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold -- -- --
07/23/2024 07/23/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $795,000 -- $249 / 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 $6,659 $756,600 -- --
2024 $7,605 $733,800 -- --
2023 $7,605 $796,400 $0 $0
2022 $7,232 $834,100 $0 $0
2021 $7,138 $653,100 $0 $0
2020 $6,526 $549,700 $0 $0
2019 $6,658 $490,700 $0 $0
2018 $5,844 $384,900 $0 $0
2017 $5,541 $346,700 $0 $0
2016 $5,109 $312,000 $0 $0
2015 $4,518 $284,500 $0 $0
2012 -- $203,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98918053

Intermountain MLS

APN: R7406000055