$799,900
SOLD SEP 10, 2024
Last list price
5 Beds
4 Baths
3,028 Sq Ft
0.31 Acres

Recently Sold

$264 Per Sq Ft

63 Days on Market

Highlights

  • 4 Car Detached Garage
  • Property is near a bus stop
  • Partially Fenced Property
  • East Junior High School Rated A
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of September 2024

This fully-leased fourplex delivers! Nestled in an unbeatable residential location on a quiet cul-de-sac in Southeast Boise, it's close to BSU and downtown. Each single-level unit offers individual back patios, appliances, dedicated carport parking, and large enclosed storage. Two units received kitchen and flooring upgrades in 2017, while two others feature new HVAC systems installed in 2018. The roof was replaced in 2016. With long-term tenants and no vacancies, this property includes garden space and a shed for peaceful surroundings. Refer to the docs tab for proforma and rent roll details reflecting recent lease renewals. Your portfolio will benefit from this property's stability, accessible location, and competitive price point in Boise's growing market.

Last Agent to Sell the Property

Stacy McBain

Swope Investment Properties Listed on: 05/29/2024

Co-Listed By

Tony Drost

Swope Investment Properties

Last Buyer's Agent

Sarah Libengood

Keller Williams Realty Boise

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,081

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 106x182
  • Partially Fenced Property

Parking

  • 4 Car Detached Garage
  • Carport
  • Driveway
  • Open Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,028 Sq Ft Home
  • Vinyl Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Garfield Elementary School
  • East Jr Middle School
  • Timberline High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $5,145
  • Assessor Parcel Number R7192780030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,081

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1977
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Lot Size: 106x182
  • Co List Office Mls Id: 10238
  • Co List Office Phone: 208-331-3531
  • Ownership: Fee Simple
  • Subdivision Name: Priest/M R/Re S
  • Carport Y N: Yes
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Heating: Electric, Forced Air
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Total Bedrooms: 5
  • Flooring: Vinyl
  • Living Area: 3028

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Four Car, Carport, Detached, Finished Driveway
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Electric: 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: Garfield
  • Junior High Dist: Boise School District #1
  • High School: Timberline
  • Middle Or Junior School: East Jr

Lot Info

  • Lot Features: 10000SF - .49, Bus on City Route, Sidewalks
  • Parcel Number: R7192780030
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 13503.6
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8080.9

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5145
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 9, 2024
Sold by
Balcos Margaret A and Balcos Mark S
Bought by
Balcos Mark S
Seller's Agent
Stacy McBain
Swope Investment Properties
Buyer's Agent
Sarah Libengood
Keller Williams Realty Boise
List Price
$829,900
Views
55
Current Estimated Value
$785,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$726,750
Outstanding Balance
$722,321
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$63,720

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 6, 2024
Sold by
Ronald C Mcgehee Separate Property Trust and Mcgehee Ronald C
Bought by
Balcos David and Balcos Mark S
Seller's Agent
Stacy McBain
Swope Investment Properties
Buyer's Agent
Sarah Libengood
Keller Williams Realty Boise
List Price
$829,900
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,750
Outstanding Balance
$722,321
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$63,720

Purchase Details

Closed on
Nov 3, 2016
Sold by
Fleischman Anthony
Bought by
Fleischman Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,451
Interest Rate
3.42%
Mortgage Type
VA
Source: Public Records

Similar Homes in Boise, ID

  • 1413 S Leadville Ave, Boise, ID 83706

    $650,000

    • 5 Beds
    • 2 Baths
    • 1,655 Sq Ft
    • 1413 S Leadville Ave
    • Boise, ID

    Incredible investment opportunity near Boise State & the University District! This charming 5-bed, 2-bath cottage offers consistent rental income in a high-demand location, just minutes from campus, downtown, and the Greenbelt. Currently leased for $4,500/month with a signed lease transferring with sale. Featured on a popular TV show in 2021, the home was thoughtfully remodeled to enhance space

    Lysi Bishop Keller Williams Realty Boise

    Section Image
  • 1713 S Euclid Ave, Boise, ID 83706

    $689,000

    • 5 Beds
    • 2 Baths
    • 1,594 Sq Ft
    • 1713 S Euclid Ave
    • Boise, ID

    Incredible investment opportunity in the highly desirable BSU area! This 5 bed, 2 bath student rental has a proven rental history with zero vacancy since 2017—a true turn-key income property within easy reach of campus. Ideal for student housing, with off-street parking and easy access to BSU, downtown, and public transportation. The roof was replaced just 2 years ago, reducing near-term capital

    John Poole Atova

    Section Image
  • 2245 S Amy Ave, Boise, ID 83706

    $715,000

    • 6 Beds
    • 4 Baths
    • 2,196 Sq Ft
    • 2245 S Amy Ave
    • Boise, ID

    Great investment opportunity in Southeast Boise with this duplex! Each unit is 1098 sq. ft. with 3 bedrooms and 2 bath with a 2 car attached garage. 2247 has a brand new a/c unit. Each kitchen has a refrigerator, range, dishwasher and washer/dryer included. With updated vinyl plank flooring.

    Patrick Vanderbeek Silvercreek Realty Group

    Section Image
  • 3110 W Cherry Ln, Boise, ID 83705

    $825,000

    • 7 Beds
    • 4 Baths
    • 3,266 Sq Ft
    • 3110 W Cherry Ln
    • Boise, ID

    Presenting 3110 W Cherry Lane, where all the heavy lifting has been done! This fully updated triplex in one of Boise’s most in-demand rental corridors. Whether you’re a seasoned investor, house hacker, or seeking a 1031 exchange replacement, this is a plug-and-play income property with everything in place for immediate cash flow & long-term growth. This income-producing gem was fully renovated in

    Karey Hunter Keller Williams Realty Boise

    Section Image
  • 1206 S Owyhee St, Boise, ID 83705

    $725,000

    • 6 Beds
    • 3 Baths
    • 3,283 Sq Ft
    • 1206 S Owyhee St
    • Boise, ID

    Fabulous Location in the Kootenai/Owyhee area of the Boise Central Bench, Minutes to the Vivacious Boise Downtown & Boise State University. The Property consists of a brick midcentury duplex plus 1930's Cottage. Each Unit in the duplex has an attached garage and storage area, Hardwood floors, dishwashers, washer, dryers & refrigerators. Gas forced air heat and central air. Unit B has a Fireplace.

    Scott Crum Andy Enrico & Co Real Estate 2, LLC

    Section Image
  • 3869 & 3883 W Custer Dr, Boise, ID 83705

    $620,000

    • 5 Beds
    • 3 Baths
    • 1,900 Sq Ft
    • 3869 & 3883 W Custer Dr
    • Boise, ID

    Welcome to 3869 & 3883 W Custer Dr – a solid duplex in one of Boise’s most desirable and established rental markets. This property features 5 bedrooms and 3 bathrooms total, with updated flooring and windows for low-maintenance ownership. Each unit includes carport parking and access to a storage shed for each, adding tenant appeal. Located in the high-demand Boise Bench area, this property

    Mighely Olivas Coldwell Banker Tomlinson

    Section Image
  • 1010 W Hays St, Boise, ID 83702

    $749,000

    • 4 Beds
    • 2 Baths
    • 1,720 Sq Ft
    • 1010 W Hays St
    • Boise, ID

    Situated in the heart of Boise, this property provides unparalleled access to the city's vibrant lifestyle... downtown energy all under one roof. This office provides the perfect setting for businesses looking for a distinctive & professional workspace. There are endless possibilities with this flexible floor plan: 4 rooms/individual offices, 1.5 bathrooms, a beautiful lobby area, kitchen + a

    Amy Berryhill Ralston Group Properties, LLC

    Section Image
  • 1316 N 8th St, Boise, ID 83702

    $810,000

    • 4 Beds
    • 4 Baths
    • 2,884 Sq Ft
    • 1316 N 8th St
    • Boise, ID

    North end fourplex with a great rental history. Located just blocks from Hyde Park, Boise Co-op, Foothills trails, St Lukes, and downtown Boise, these units are centrally situated in one of Boise's preferred neighborhoods.

    Patrick Williamson Silvercreek Realty Group

    Section Image
  • 1108 S Pond St, Boise, ID 83705

    $660,000

    • 6 Beds
    • 4 Baths
    • 2,304 Sq Ft
    • 1108 S Pond St
    • Boise, ID

    Welcome to 1108-1110 S Pond St, a fantastic duplex opportunity in the heart of Boise, on the Central Bench! This well-maintained property offers two spacious units, each featuring 3 bedrooms and 1.5 bathrooms, perfect for investors or owner-occupants seeking rental income. Nestled in a quiet, established neighborhood, this duplex boasts modern updates, including fresh interior and exterior paint,

    James Bode Boise Premier Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Titleone
Warranty Deed -- Title One
Interfamily Deed Transfer -- Titleone Boise
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,750 New Conventional
Previous Owner $500,388 VA
Previous Owner $358,451 VA
Previous Owner $49,000 Stand Alone Second
Previous Owner $38,250 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold -- -- --
07/31/2024 07/31/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $799,900 -3.6% $264 / Sq Ft
05/29/2024 05/29/24 For Sale $829,900 -- $274 / 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 $7,969 $741,300 -- --
2023 $8,083 $845,400 $0 $0
2022 $5,671 $746,400 $0 $0
2021 $5,114 $533,700 $0 $0
2020 $4,485 $431,100 $0 $0
2019 $5,287 $444,800 $0 $0
2018 $4,947 $371,900 $0 $0
2017 $4,175 $298,100 $0 $0
2016 $3,999 $278,600 $0 $0
2015 $3,855 $267,700 $0 $0
2012 -- $222,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Intermountain MLS

MLS Number: 98912064

Intermountain MLS

APN: R7192780030