Seller's Agent in 2019
Judy Hobbs
Realty Quest
(208) 390-8787
94 Total Sales
150 E 2nd S Rexburg, ID 83440
Estimated Value: $384,000 - $848,000
14
Beds
6.5
Baths
6,241
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Property is near a park
- Multiple Fireplaces
- Corner Lot
- Madison Senior High School Rated A-
- Wood Flooring
- No HOA
About This Home
As of December 2019PRICE IMPROVED AND READY TO SELL this fully producing 2-home complex just 1 block from BYU-Idaho. It consists of non-approved dormitory and 12-month leased units. This complex is NOT BYU-Idaho approved but easily rents to non-university women as dormitory space. It has been extensively remodeled in the last year. The units have been in flux this year as owner has remodeled, 12-month history on rent is less than the current income multiplied for the next 12-months. Return on investment of 7.31% to 8.15% on this property. Please see Documents for details on improvements to the property in the last year and income. New lease rates as of 08/01/2019 in Documents - Additional Listing Information
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,328
Year Built
- Built in 1920 | Remodeled
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 130 x 110
- Corner Lot
- Gentle Sloping Lot
- Many Trees
Parking
- 1 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Frame Construction
- Architectural Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Multiple Fireplaces
- Wood Flooring
Kitchen
- Oven
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 14 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
- Basement Window Egress
Location
- Property is near a park
- Property is near schools
Schools
- Lincoln 321El Elementary School
- Madison 321Jh Middle School
- Madison 321Hs High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
- Baseboard Heating
- Water Heater
Community Details
- No Home Owners Association
- 5 Units
- Parker Addition Mad Subdivision
Listing and Financial Details
- Exclusions: Tenant Possessions
- Total Actual Rent $65,700
- The owner pays for grounds care, trash collection, common area maintenance, electricity, water, gas, sewer, insurance, snow removal
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2019
Closed on
Dec 30, 2019
Sold by
Graf Christopher and Graf Hannah
Bought by
Crapo David John and Crapo Teresa Lynn
Seller's Agent
Judy Hobbs
Realty Quest
Buyer's Agent
Katie Cook
Realty Quest
List Price
$575,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%
Original Mortgage
$193,125
Outstanding Balance
$170,600
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$341,234
Purchase Details
Closed on
Apr 22, 2016
Sold by
Westover Brian
Bought by
Westover Brian and Westover Kimberli
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crapo David John | -- | Alliance Ttl Rexburg Office | |
| Westover Brian | -- | Pioneer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crapo David John | $193,125 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2019 12/31/19 | Sold | -- | -- | -- |
| 11/05/2019 11/05/19 | Pending | -- | -- | -- |
| 06/07/2019 06/07/19 | For Sale | $575,000 | -- | $92 / Sq Ft |
Source: Snake River Regional MLS
Tax History Compared to Growth
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 | $2,393 | $240,886 | $50,250 | $190,636 |
| 2024 | $2,515 | $240,886 | $50,250 | $190,636 |
| 2023 | $2,515 | $412,900 | $50,250 | $362,650 |
| 2022 | $5,185 | $412,900 | $50,250 | $362,650 |
| 2021 | $6,152 | $415,524 | $28,000 | $387,524 |
| 2020 | $2,365 | $352,372 | $28,000 | $324,372 |
| 2019 | $2,538 | $149,551 | $28,000 | $121,551 |
| 2018 | $2,339 | $137,273 | $28,000 | $109,273 |
| 2017 | $2,297 | $131,134 | $28,000 | $103,134 |
| 2016 | $2,235 | $131,134 | $28,000 | $103,134 |
| 2015 | $2,100 | $167,779 | $0 | $0 |
| 2013 | -- | $119,974 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Hobbs
-
Katie Cook
Buyer's Agent in 2019
Katie Cook
Realty Quest
7 Total Sales
Map
Source: Snake River Regional MLS
MLS Number: 2122525
APN: RPR000P0040090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
Nearby Homes
- 224 E 2nd S
- 110 E 1st S
- 36 E Main St
- 425 Harvard Ave
- 159 Birch Ave
- 410 Maple Dr
- 115 & 113 E 1st N
- 128 Charles Place
- 225 Nez Perce Ave
- 65 E 2nd N
- 35 W 2nd N
- 252 W 1st S
- 383 Eagle Ct
- L9 B3 Sundown Rd
- TBD Rivers Edge Dr
- L11 B3 Twilight Rd
- L8 B3 Sundown Rd
- L6 B2 Twilight Rd
- L3 B2 Twilight Rd
- L5 B1 Sundown Rd