NOT LISTED FOR SALE

264 S 2nd W Rexburg, ID 83440

19 Beds
6 Baths
6,133 Sq Ft
0.31 Acres Lot

Sale Details

Date Sold: December 21, 2018

51 Days on Market

Highlights

  • Property is near park and schools
  • Attic
  • Forced Air Zoned Heating System
  • Madison Senior High School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of December 2018

BYUI-Approved housing for 29 single men only 1 block from campus! Currently the property is performing at a 6% cap rate. Recent capital improvements include a new metal roof/membrane roof, the parking lot was re-paved and new floor coverings were recently installed in Apt. A. The new owners would need to qualify with BYU-Idaho. A full financial analysis is available upon request for qualified buyers. New owners to take assume the internet contract.

Last Agent to Sell the Property

Tony Stallings

Edge Real Estate License #AB28270 Listed on: 07/31/2018

Last Buyer's Agent

Danny Hebdon

Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 1950

Lot Details

  • 13,504 Sq Ft Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Partial Basement
  • Attic

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 6 Full Bathrooms

Parking

  • 16 Parking Spaces
  • Open Parking
  • Off-Street Parking

Location

  • Property is near park and schools

Schools

  • Kennedy 321El Elementary School
  • Madison 321Jh Middle School
  • Madison 321Hs High School

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Total Actual Rent $65,670
  • The owner pays for grounds care, trash collection, electricity, water, gas, sewer, insurance, snow removal

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Southend Addition Mad Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,082

Year Built

Built in 1950

Lot Details

0.31 Acres

Listing Details

  • Has Basement: Finished, Partial
  • Inclusions: 3 Dryers, 3 Washers, 5 Dishwashers, 5 Disposals, 8 Fridges, 5 Ranges,
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.31
  • Subdivision Name: Southend Addition-Mad
  • Directions: From Main Street go south on 2nd W to address, property is directly north of the Taco Time Restaurant.
  • Above Grade Finished Sq Ft: 4733
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Attic
  • Appliances: Microwave, Oven, Dishwasher, Refrigerator, Stove
  • Owner Pays: Grounds Care, Trash Collection, Electricity, Water, Gas, Sewer, Insurance, Snow Removal
  • Full Bathrooms: 6
  • Total Bedrooms: 19
  • Below Grade Sq Ft: 1400
  • Living Area: 6133

Exterior Features

  • Exclusions: Tenants Personal Property
  • Roof: Membrane, Metal
  • View: None
  • Lot Features: Near Schools, Near Mall/Shop, Near Park, Near University/College, Concrete Curbing, Many Trees, Flower Beds
  • View: No
  • Construction Type: Frame, Block, Brick, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Coin Operated Laundry
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Electric, Natural Gas, Zoned
  • Electric: Separate Power Meters, Rocky Mountain Power, Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • 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: 13503.6
  • Zoning Description: General Zoning: Rx High Density Re,Specific Zoning: Rexburg-High Density Resid 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6082

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 65670
  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2008
Sold by
Aspen Land Development Llc
Bought by
Jansen Jacob K
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Jansen Jacob K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold -- -- --
09/20/2018 09/20/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $630,000 -- $103 / Sq Ft
Source: Snake River Regional MLS

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 $5,311 $532,500 $134,600 $397,900
2024 $5,580 $532,500 $134,600 $397,900
2023 $5,580 $532,500 $134,600 $397,900
2022 $6,747 $532,500 $134,600 $397,900
2021 $6,313 $421,420 $134,600 $286,820
2020 $5,976 $421,420 $134,600 $286,820
2019 $7,135 $421,420 $134,600 $286,820
2018 $7,152 $421,420 $134,600 $286,820
2017 $6,082 $421,420 $134,600 $286,820
2016 $5,916 $347,610 $94,220 $253,390
2015 $5,135 $347,610 $0 $0
2013 -- $299,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2116629

Snake River Regional MLS

APN: RPR00SE0074331

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