Seller's Agent in 2024
Dianne Berning
Silvercreek Realty Group
(208) 440-4524
2 in this area
59 Total Sales
2555 W Malad St Boise, ID 83705
Vista NeighborhoodEstimated Value: $945,000 - $1,007,000
8
Beds
4
Baths
3,790
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Property is Fully Fenced
- Wall Furnace
- Property is near a bus stop
About This Home
As of April 2024Attention all investors! Hurry to check out this fantastic investment opportunity! Close to Boise State University, downtown and I84, you can't beat the location. Beyond that, the property is meticulously maintained and not a fixer. New vinyl windows in all units, window blinds, and window A/C units. The exterior and interior paint, sinks, toilets, carpet and fence are only a few years old and in great shape! You will not believe how well cared for everything is. 2555 W Malad has oversized storage areas in appropriated carports with an additional parking space each. The downstairs units have a nice, private fenced grassy area, while the upstairs tenants get a deck to hang out on. Interior photos are from 2541 W Malad #202 (MLS#98897295). All units from both properties are very similar.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,026
Year Built
- Built in 1993
Lot Details
- Property is Fully Fenced
- Wood Fence
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
- HardiePlank Type
Interior Spaces
- 3,790 Sq Ft Home
- Laminate Flooring
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Stove
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- Carport
- Driveway
- Open Parking
Location
- Property is near a bus stop
Schools
- Hawthorne Elementary School
- South Boise Jr Middle School
- Borah High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $5,025
- Assessor Parcel Number R5254370010
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $4,617
- Net Operating Income $51,533
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Apr 29, 2024
Sold by
Thom Jay M and Thom Lori A
Bought by
Wide Kiwi Llc
Seller's Agent
Dianne Berning
Silvercreek Realty Group
Buyer's Agent
Hunter Christian
The Agency Boise
List Price
$1,050,000
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$620,000
Outstanding Balance
$611,654
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$364,679
Purchase Details
Closed on
May 3, 2012
Sold by
Thom Jay M and Thom Lori A
Bought by
J L C & P 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2012
Sold by
J L C & P 1 Llc
Bought by
Thom Jay M and Thom Lori A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2010
Sold by
Thom Jay M and Thom Lori A
Bought by
J L C & P 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2010
Sold by
J L C & P-1 Llc
Bought by
Thom Jay M and Thom Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.88%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wide Kiwi Llc | -- | Fidelity National Title | |
| J L C & P 1 Llc | -- | None Available | |
| Thom Jay M | -- | None Available | |
| J L C & P 1 Llc | -- | None Available | |
| Thom Jay M | -- | Titleone Eagle |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wide Kiwi Llc | $620,000 | |
| Previous Owner | Thom Jay M | $100,000 | |
| Previous Owner | Thom Jay M | $116,000 | |
| Previous Owner | Thom Jay M | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2024 04/29/24 | Sold | -- | -- | -- |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $999,000 | -4.9% | $264 / Sq Ft |
| 12/29/2023 12/29/23 | For Sale | $1,050,000 | -- | $277 / Sq Ft |
Source: Intermountain MLS
Tax History Compared to Growth
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 | $7,807 | $884,300 | -- | -- |
| 2024 | $9,916 | $859,200 | -- | -- |
| 2023 | $10,026 | $1,048,900 | $0 | $0 |
| 2022 | $7,505 | $864,400 | $0 | $0 |
| 2021 | $6,992 | $638,800 | $0 | $0 |
| 2020 | $6,018 | $506,400 | $0 | $0 |
| 2019 | $6,007 | $442,300 | $0 | $0 |
| 2018 | $5,226 | $343,800 | $0 | $0 |
| 2017 | $5,003 | $312,600 | $0 | $0 |
| 2016 | $4,222 | $257,400 | $0 | $0 |
| 2015 | $3,760 | $222,100 | $0 | $0 |
| 2012 | -- | $177,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dianne Berning
-
Sara Hanigan
Seller Co-Listing Agent in 2024
Sara Hanigan
Silvercreek Realty Group
(208) 850-9746
3 in this area
54 Total Sales
-
Hunter Christian
H
Buyer's Agent in 2024
Hunter Christian
The Agency Boise
(208) 500-1139
2 in this area
16 Total Sales
Map
Source: Intermountain MLS
MLS Number: 98897298
APN: R5254370010
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