NOT LISTED FOR SALE

246 S 2nd E Rexburg, ID 83440

Estimated Value: $311,000 - $376,000

3 Beds
2 Baths
1,992 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 09, 2021

Current estimated payment $2,080/month

40 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Gentle Sloping Lot
  • Madison Senior High School Rated A-

About This Home

As of April 2021

Only 1/2 block from BYUI!!! Great investment property. These are 2 separate buildings. The front home the upstairs is finished into a 2 bedroom 1 bathroom apratment. The basement of the home is a full walk out that is all framed out and has a bathroom in it now. You could finish this off to another unit to rent out for not a lot of Money. Finish it off and you have a 3 plex in an awesome location. In the front this is a full walk out basement that is unfinished besides a bathroom is in. The front home was built in 1915, the back home was built in 1945. Call today to see your new investment!!! 24 plus hour notice need to be given for an appointment.

Last Agent to Sell the Property

Rod Jones

Idaho's Real Estate Listed on: 01/21/2021

Co-Listed By

Tyson Jones

Idaho's Real Estate License #SP47617

Last Buyer's Agent

Rick Robinson

Idaho Agents Real Estate License #SP42514

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1945

Lot Details

  • 8,364 Sq Ft Lot
  • Lot Dimensions are 142 x 60
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

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
  • Heating System Uses Natural Gas
  • 220 Volts

Community Details

  • No Home Owners Association
  • 2 Units
  • Parker Addition Mad Subdivision

Listing and Financial Details

  • Exclusions: Renters Belongings
  • Tenant pays for snow removal, grounds care
  • The owner pays for electricity, sewer, gas, insurance, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Has Basement: Full, Unfinished
  • Inclusions: 2 Stove/Oven, 2 Fridges
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.192
  • Lot Size: 142 x 60
  • Co List Office Mls Id: 4011
  • Co List Office Phone: 208-356-0000
  • Subdivision Name: Parker Addition-Mad
  • Directions: Main street to 2nd E. South to home.
  • Above Grade Finished Sq Ft: 1180
  • New Construction: No
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Appliances: Separate Water Heaters
  • Owner Pays: Electricity, Sewer, Gas, Insurance, Trash Collection, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 812
  • Living Area: 1992

Exterior Features

  • Exclusions: Renters Belongings
  • Roof: 3 Tab, Metal
  • View: None
  • Lot Features: Near Park, Near University/College, Near Schools, Gentle Sloping
  • View: No
  • Construction Type: Frame, Stucco
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing, Fixer

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Separate Heat
  • Electric: Common Power Meters, 220 Volts, Circuit Breakers, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8363.52
  • Zoning Description: General Zoning: Rx High Density Re,Specific Zoning: Rexburg-High Density Resid 2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Snow Removal, Grounds Care

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2218

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Lincoln 321EL
  • HighSchool: Madison 321HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Boyes Jack K and Boyes Allison M
Bought by
Olsen Brent and Olsen Kathryn
Current Estimated Value
$349,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Outstanding Balance
$381,653
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$31,887

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 9, 2021
Sold by
Wbc Investments Llc
Bought by
Boyes Jack K and Boyes Allison M
Seller's Agent
Rod Jones
Idaho's Real Estate
Buyer's Agent
Rick Robinson
Idaho Agents Real Estate
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$278,364
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olsen Brent -- Flying S Title And Escrow Of I
Boyes Jack K -- Alliance Title Rexburg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Brent $386,000
Previous Owner Boyes Jack K $278,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold -- -- --
03/02/2021 03/02/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $299,000 -- $150 / 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 $2,978 $301,484 $128,693 $172,791
2024 $2,126 $296,484 $123,693 $172,791
2023 $2,126 $279,310 $50,000 $229,310
2022 $1,988 $255,277 $35,000 $220,277
2021 $1,617 $170,498 $28,000 $142,498
2020 $2,078 $146,081 $28,000 $118,081
2019 $2,219 $130,671 $28,000 $102,671
2018 $2,052 $121,546 $28,000 $93,546
2017 $2,035 $117,273 $0 $0
2016 $1,964 $116,391 $28,000 $88,391
2015 $1,797 $145,857 $0 $0
2013 -- $105,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2134127

Snake River Regional MLS

APN: RPR000P0042890