NOT LISTED FOR SALE

Estimated Value: $5,533,520

8 Beds
8 Baths
15,256 Sq Ft
$363/Sq Ft Est. Value

Last Sold November 10, 2020

Current estimated payment $33,252/month

4 Days on Market

About This Home

As of November 2020

What a great apartment complex. This one is always rented and in current market could handle higher rents. Each unit is a one bedroom and one bath with central air and electric forced air furnace. This complex hits a market that has no other units at this rental point.

Last Agent to Sell the Property

John Browning

First Service Group Real Est. Listed on: 08/23/2020

Co-Listed By

Felicia Todd

First Service Group Real Est.

Last Buyer's Agent

Peter O'Brien

Cushman & Wakefield Pacific Commercial Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,214

Year Built

  • Built in 2001

Lot Details

  • 0.64

Home Design

  • Composition Shingle Roof

Additional Features

  • Property is near a bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number S1006346695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,214

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential Income
  • Type: Apartment
  • Age: 11-20 Years
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Heating: Electric, Forced Air
  • Price Per Sq Ft: 170.23
  • Price Per Sq Ft: 150.76
  • Estimated Above Grade Sq Ft: 15256
  • Refrigerator: All Units
  • Stove Range: All Units
  • Washer Dryer Hookups: All Units
  • Washer Dryer: All Units
  • Estimated Sq Ft: 15256

Exterior Features

  • Construction: Frame, Foundation - Crawl space
  • Roof: Composition Shingle
  • Structure Features: Cable/Satellite TV

Garage/Parking

  • Number Parking Spaces: 24

Utilities

  • Cooling: Central Air, All Units
  • Sewer: Yes Connected
  • Water: City Service

Condo/Co-op/Association

  • Setup Transfer Fee Type: $

Schools

  • School District: Boise School District #1
  • Elementary School: Koelsch
  • Middle School: Fairmont
  • High School: Capital

Lot Info

  • Irrigation District: Yes
  • Land Size: 1/2 - .99 Acre
  • Land Use: 5+ Units
  • Lot Features: Bus on City Route, Sidewalks
  • Lot Size Length: irr
  • Lot Size Width: irr
  • Parcel Number: S1006346695

Rental Info

  • Actual Rent Income: 171120

Multi Family

  • Number Units: 24

Tax Info

  • Taxes: 22190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
1677 North Raymond Llc
Bought by
Gv Selkirk Apartments Llc
Current Estimated Value
$5,533,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Outstanding Balance
$3,784,697
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$1,673,307

Purchase Details

Listed on
Aug 23, 2020
Closed on
Oct 8, 2020
Sold by
Lovitt Holly A and Lovitt Holly A
Bought by
1677 North Raymond Boise Llc
Seller's Agent
John Browning
First Service Group Real Est.
Buyer's Agent
Peter O'Brien
Cushman & Wakefield Pacific Commercial Realty Advisors
List Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$1,650,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gv Selkirk Apartments Llc -- Fidelity National Ttl Boise
1677 North Raymond Boise Llc -- Fidelity Nationa Ltitle Of O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gv Selkirk Apartments Llc $4,050,000
Previous Owner 1677 North Raymond Boise Llc $1,650,000
Previous Owner Lovitt Holly A $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold -- -- --
08/27/2020 08/27/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $2,300,000 -- $151 / 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
2024 $37,214 $3,651,200 -- --
2023 $37,214 $3,897,100 $0 $0
2022 $30,011 $3,461,200 $0 $0
2021 $28,014 $2,563,200 $0 $0
2020 $21,049 $1,772,900 $0 $0
2019 $22,190 $1,635,400 $0 $0
2018 $23,028 $1,516,700 $0 $0
2017 $23,308 $1,458,500 $0 $0
2016 $22,802 $1,392,500 $0 $0
2015 $21,268 $1,395,700 $0 $0
2012 -- $1,047,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98778472

Intermountain MLS

APN: S1006346695