NOT LISTED FOR SALE

Estimated Value: $785,000 - $854,746

8 Beds
4 Baths
3,808 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 29, 2019

Current estimated payment $4,934/month

39 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property
  • Wood Siding
  • Baseboard Heating

About This Home

As of March 2019

This home is located at 171 SW 7th Ave, Meridian, ID 83642 since 04 February 2019 and is currently estimated at $821,437, approximately $215 per square foot. This property was built in 1979. 171 SW 7th Ave is a home located in Ada County with nearby schools including Peregrine Elementary School, Meridian Middle School, and Meridian High School.

Last Agent to Sell the Property

lets LIVE Boise

RE/MAX Capital City Listed on: 02/04/2019

Last Buyer's Agent

Shane Brown

Swope Investment Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 8 Parking Spaces

Home Design

  • 3,808 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Peregrine Elementary School
  • Meridian Middle School
  • Meridian High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Stove
  • Washer and Dryer Hookup

Listing and Financial Details

  • Total Actual Rent $3,375
  • Assessor Parcel Number R2919350070

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $3,167
  • Net Operating Income $37,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,781

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Ownership: Fee Simple
  • Subdivision Name: Franklin Square
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Baseboard
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 8
  • Living Area: 3808

Exterior Features

  • Fencing: Partial
  • Construction Type: Brick, Frame, Wood Siding

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: 0, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Peregrine
  • Junior High Dist: West Ada School District
  • High School: Meridian
  • Middle Or Junior School: Meridian Middle

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF
  • Parcel Number: R2919350070
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3781.42

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 37333
  • Annual Operating Expense: 3167
  • Total Actual Rent: 3375
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 26, 2019
Sold by
Eichelberger Andrew L and Eichelberger Samantha J
Bought by
Walker Gail L
Seller's Agent
lets LIVE Boise
RE/MAX Capital City
Buyer's Agent
Shane Brown
Swope Investment Properties
List Price
$493,000
Current Estimated Value
$830,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Nov 28, 2017
Sold by
Garcia Paul Robert
Bought by
Eichelberger Andrew L and Eichelberger Samantha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,535
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 2017
Sold by
Garcia Paul Robert
Bought by
Eichelberger Andrew L and Eichelberger Samantha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,535
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Jul 31, 2017
Sold by
The James & Juanita Mcdill Family Trust
Bought by
Garcia Paul Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Walker Gail L -- Titleone Boise
Eichelberger Andrew L -- Title One Title
Eichelberger Andrew L -- Titleone Boise
Garcia Paul Robert -- Stewart Title Emerald
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eichelberger Andrew L $405,535
Previous Owner Eichelberger Andrew L $405,535
Previous Owner Garcia Paul Robert $245,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold -- -- --
03/15/2019 03/15/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $493,000 0.0% $129 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $493,000 0.0% $129 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $493,000 -- $129 / 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 $4,614 $702,900 -- --
2023 $4,614 $858,400 $0 $0
2022 $4,205 $792,000 $0 $0
2021 $4,124 $581,100 $0 $0
2020 $4,022 $482,600 $0 $0
2019 $3,880 $410,000 $0 $0
2018 $3,781 $370,200 $0 $0
2017 $3,700 $299,900 $0 $0
2016 $3,589 $279,700 $0 $0
2015 $2,977 $246,500 $0 $0
2012 -- $172,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98718289

Intermountain MLS

APN: R2919350070