NOT LISTED FOR SALE

2348 Stace St Idaho Falls, ID 83401

Estimated Value: $481,000 - $544,000

8 Beds
4 Baths
2,340 Sq Ft
$217/Sq Ft Est. Value

Last Sold November 13, 2020

Current estimated payment $3,029/month

30 Days on Market

Highlights

  • Property is near a park
  • Valley View
  • 4 Car Garage
  • Hillcrest High School Rated 9+
  • No HOA
  • Community Storage Space

About This Home

As of November 2020

Four-plex unit centrally located in Idaho Falls. Great investment property with four units, over-under. 2 bed, 1 bath units with laundry hookups and some units with tile. Off street parking along with 1-car garage per unit. Includes the kitchen appliances.

Last Agent to Sell the Property

Sheri Peery

Keller Williams Realty East Idaho License #SP31180 Listed on: 09/04/2020

Keller Williams Realty East Idaho

Last Buyer's Agent

Sheri Peery

Keller Williams Realty East Idaho License #SP31180 Listed on: 09/04/2020

Keller Williams Realty East Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 1970

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Valley Views
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near a park
  • Property is near schools

Schools

  • Tie Breaker 93El Elementary School
  • Sandcreek 93Jh Middle School
  • Hillcrest 93HS High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Exclusions: Tenants/Sellers Personal Property
  • Tenant pays for cable TV, electricity, water
  • The owner pays for common area maintenance, grounds care

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Melbourne Park Bon Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,837

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Has Basement: Daylight
  • Inclusions: Stove, Range Hood, Dishwasher, Refrigerator
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.23
  • Subdivision Name: Melbourne Park-Bon
  • Directions: Hitt & John Adams. Going west on John Adams, turn left on Tyra, right on Stace. Units are on the left.
  • Above Grade Finished Sq Ft: 1170
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Owner Pays: Common Area Maintenance, Grounds Care
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 1170
  • Living Area: 2340

Exterior Features

  • Exclusions: Tenants/Sellers Personal Property
  • Roof: Composition
  • View: Valley
  • Lot Features: Low Traffic, Near Park, Near Schools, Established Lawn
  • View: Yes
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Electric: Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Additional Storage
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Sandcreek 93JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10018.8
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-R2-Mixed Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV, Electricity, Other, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3837

Multi Family

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

MLS Schools

  • Elementary School: Tie Breaker 93EL
  • HighSchool: Hillcrest 93HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Taylor Kyle Andrew
Bought by
Taylor Properties Llc
Current Estimated Value
$508,600

Purchase Details

Closed on
Apr 6, 2021
Sold by
Taylor Properties Llc
Bought by
Taylor Kyle Andrew

Purchase Details

Closed on
Mar 24, 2021
Sold by
Taylor Kyle A
Bought by
Taylor Kyle A

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 18, 2020
Sold by
Mcpherson Tiffany
Bought by
Taylor Kyle A
Seller's Agent
Sheri Peery
Keller Williams Realty East Idaho
Buyer's Agent
Sheri Peery
Keller Williams Realty East Idaho
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$334,248
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2020
Sold by
Mcpherson Daniel G
Bought by
Mcpherson Tiffany

Purchase Details

Closed on
Jan 25, 2017
Sold by
Mcpherson Daniel and Mcpherson Tiffany
Bought by
Mcpherson Properties Llc and Idaho Limited Liability Company

Purchase Details

Closed on
Jun 16, 2015
Sold by
Mcpherson Tiffany
Bought by
Mcpherson Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2013
Closed on
Feb 25, 2013
Sold by
The Bank Of New York Mellon
Bought by
Hartner Ammon
Seller's Agent
Kevin Birch
HomePointe Real Estate
Buyer's Agent
Chad Murdock
Bonneville Realty LLC
List Price
$162,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Soto Alfredo
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Oct 2, 2005
Sold by
Soto Evelio and Soto Alfredo
Bought by
Soto Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
1.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Taylor Properties Llc -- Amerititle
Taylor Properties Llc -- Amerititle
Taylor Properties Llc -- Amerititle
Taylor Properties Llc -- Amerititle
Taylor Kyle Andrew -- Accommodation
Taylor Kyle Andrew -- Accommodation
Taylor Kyle A -- Accommodation
Taylor Kyle A -- Accommodation
Taylor Kyle A -- Amerititle Idaho Falls
Taylor Kyle A -- Amerititle Idaho Falls
Mcpherson Tiffany -- None Available
Mcpherson Tiffany -- None Available
Mcpherson Properties Llc -- Pioneer Title Co Of Bonnevil
Mcpherson Daniel -- Accommodation
Mcpherson Properties Llc -- Pioneer Title Co Of Bonnevil
Mcpherson Daniel -- Accommodation
Mcpherson Daniel -- Amerititle
Mcpherson Daniel -- Amerititle
Mcpherson Daniel -- Amerititle
Mcpherson Daniel -- Amerititle
Hartner Ammon -- Fidelity National Title
Hartner Ammon -- Fidelity National Title
Bank Of New York Mellon $144,000 Nexttitle
Bank Of New York Mellon $144,000 Nexttitle
Soto Alfredo -- --
Soto Alfredo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Kyle A $334,248
Previous Owner Mcpherson Daniel $141,750
Previous Owner Soto Alfredo $168,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2020 11/13/20 Sold -- -- --
10/04/2020 10/04/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $360,000 +121.0% $154 / Sq Ft
03/01/2013 03/01/13 Sold -- -- -- View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $162,900 -- $48 / Sq Ft
Source: Snake River Regional 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 $4,339 $490,099 $76,917 $413,182
2024 $4,339 $468,302 $53,012 $415,290
2023 $4,241 $444,207 $53,012 $391,195
2022 $4,216 $382,836 $37,859 $344,977
2021 $3,821 $261,085 $37,859 $223,226
2019 $4,291 $228,434 $31,566 $196,868
2018 $3,838 $214,328 $28,669 $185,659
2017 $3,614 $182,701 $18,980 $163,721
2016 $3,329 $173,354 $18,980 $154,374
2015 $3,247 $157,265 $18,980 $138,285
2014 $89,653 $157,265 $18,980 $138,285
2013 $3,606 $181,062 $18,979 $162,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2140578

Snake River Regional MLS

APN: RPA1607010031B