NOT LISTED FOR SALE

265 S Placer Ave Idaho Falls, ID 83402

Estimated Value: $362,000 - $451,000

5 Beds
4 Baths
2,516 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 31, 2020

Current estimated payment $2,550/month

75 Days on Market

About This Home

As of August 2020

There has been many improvements, every unit is very liveable. There are two double carports behind for off the street parking. Two units have washer and dryer set ups. 2 sump pumps, one for back up, most wiring redone, individual meters, automatic sprinkler system. Excellent rental history.

Last Agent to Sell the Property

Tony Moon

HomeRiver Realty Listed on: 05/15/2020

Last Buyer's Agent

Larry Pettingill

Century 21 High Desert License #SP17230

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Hawthorne 91El Elementary School
  • Eagle Rock 91Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Exclusions: Renters Personal Property
  • Total Actual Rent $24,144
  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Has Basement: Full, Daylight, Exterior Entry
  • Inclusions: 4 Refrigerators
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.16
  • Subdivision Name: Original Townsite
  • Directions: South past YMCA on Placer.
  • Above Grade Finished Sq Ft: 1508
  • New Construction: No
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Appliances: Separate Water Heaters
  • Owner Pays: None
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1008
  • Living Area: 2516

Exterior Features

  • Exclusions: Renters Personal Property
  • Roof: Architectural
  • View: None
  • Lot Features: Sprinkler System-Full, Established Lawn, Sprinkler-Auto
  • View: No
  • Waterfront Features: Pond
  • Construction Type: Vinyl
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Eagle Rock 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-R2-Mixed Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3460

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 24144
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Hawthorne 91EL
  • HighSchool: Idaho Falls 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Erb James P and Erb Deborah D
Bought by
Myers Emma Elizabeth
Current Estimated Value
$408,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$284,316
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$130,684

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 29, 2020
Sold by
Erb Deborah D and Erb James P
Bought by
Erb James P
Seller's Agent
Tony Moon
HomeRiver Realty
Buyer's Agent
Larry Pettingill
Century 21 High Desert
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$191,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 28, 2020
Sold by
Erb James P
Bought by
Erb James P and Erb Deborah D
Seller's Agent
Tony Moon
HomeRiver Realty
Buyer's Agent
Larry Pettingill
Century 21 High Desert
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Terry Nickolas
Bought by
Terry Nickolas and Terry Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2017
Sold by
Mcdonald Robert W
Bought by
Terry Nickolas

Purchase Details

Closed on
May 12, 2017

Purchase Details

Closed on
May 25, 2007
Sold by
Anderson Jan and Anderson Gary L
Bought by
Houtz William R and Houtz Susan Devlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.14%
Mortgage Type
New Conventional
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
Myers Emma Elizabeth -- Amerititle
Erb James P -- Alliance Ttl Id Falls Office
Erb James P -- Alliance Title
Terry Nickolas -- First American Title
Terry Nickolas -- None Available
-- -- None Available
Houtz William R -- First American Title Co
Houtz William R -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Emma Elizabeth $300,000
Previous Owner Erb James P $191,250
Previous Owner Terry Nickolas $122,500
Previous Owner Houtz William R $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold -- -- --
07/29/2020 07/29/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $250,000 -- $99 / 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
2024 $3,926 $423,880 $52,490 $371,390
2023 $4,287 $434,710 $52,490 $382,220
2022 $4,272 $344,857 $33,507 $311,350
2021 $3,846 $236,467 $33,507 $202,960
2019 $3,460 $204,793 $27,913 $176,880
2018 $3,133 $187,329 $25,359 $161,970
2017 $2,836 $160,587 $18,447 $142,140
2016 $3,072 $146,105 $16,795 $129,310
2015 $3,007 $155,095 $16,795 $138,300
2014 $51,660 $155,095 $16,795 $138,300
2013 $2,183 $113,642 $16,795 $96,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2129349

Snake River Regional MLS

APN: RPA1740052004A