NOT LISTED FOR SALE

271 W 2nd S Rexburg, ID 83440

Estimated Value: $449,529

0.21 Acre
$2,171,638 Price per Acre
9,017 Sq Ft Lot

Last Sold October 22, 2021

Current estimated payment $2,777/month

711 Days on Market

Highlights

  • Property is near park and schools
  • Corner Lot
  • 2-minute walk to Porter Park
  • Madison Senior High School Rated A-
  • Many Trees

About This Lot

As of October 2021

Within 2 BLOCKS of BYUI, this property is priced for RE-DEVELOPMENT. Perfect location for new multi-family/student housing directly south of Porter Park. ZONED HDR2, which will allow for a larger apartment complex when purchased with adjacent properties. This home is currently rented as a duplex, contact listing agent for specific details on units. Seller intends to sell this property simultaneously with separately owned, adjacent properties located at 253 W 2nd S and 263 W 2nd S. For additional information on acceptable use, zoning and seller disclosures, please contact listing agent.

Last Agent to Sell the Property

Beth Hanson

Silvercreek Realty Group License #SP30197 Listed on: 10/18/2019

Silvercreek Realty Group

Last Buyer's Agent

Rory Kunz

Edge Real Estate License #SP40611

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,837

Lot Details

  • 9,017 Sq Ft Lot
  • Corner Lot
  • Many Trees

Location

  • Property is near park and schools

Schools

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

Utilities

  • Gas Available
  • Phone Available

Community Details

  • Southend Addition Mad Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,837

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 0.207
  • Road Surface Type: Paved
  • Subdivision Name: Southend Addition-Mad
  • Directions: From Hwy 33/Main Street Rexburg exit off Hwy 20, head East. Turn right at 3rd West, home is on the corner of 3rd West and 2nd South.
  • Special Features: None

Interior Features

  • Possible Use: Other, Multi-Family

Exterior Features

  • Lot Features: Unknown Soil Type, Concrete Curbing, Established Lawn, Many Trees, Corner Lot, Near Schools, Near Park, High Traffic, Near University/College

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Telephone: To Lot
  • Electric: Rocky Mountain Power
  • Electricity On Property: No
  • Water Source: Public
  • Gas Company: Available

Condo/Co-op/Association

  • Community Features: Curbs, Gutters In, Sidewalks

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9016.92
  • Zoning Description: General Zoning: Rx High Density Re,Specific Zoning: Rexburg-High Density Resid 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2837

Multi Family

  • 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

Listed on
Oct 18, 2019
Closed on
Oct 21, 2021
Sold by
Wible Stephen J and Wible Lisa A
Bought by
Fall River Recreational Proper
Seller's Agent
Beth Hanson
Silvercreek Realty Group
Buyer's Agent
Rory Kunz
Edge Real Estate
List Price
$425,000
Current Estimated Value
$449,529

Purchase Details

Closed on
Jul 11, 2013
Sold by
Anita A Anita A
Bought by
Wible Stephen J and Wible Lisa A

Purchase Details

Closed on
Jan 4, 2011
Sold by
Wells Fargo Bank
Bought by
Draper Stuart L
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Fall River Recreational Proper -- Alliance Title
Wible Stephen J -- --
Draper Stuart L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold -- -- --
09/28/2021 09/28/21 Pending -- -- --
10/18/2019 10/18/19 For Sale $425,000 -- $168 / 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
2022 $2,526 $201,110 $35,890 $165,220
2021 $2,978 $201,110 $35,890 $165,220
2020 $2,817 $201,110 $35,890 $165,220
2019 $3,371 $201,110 $35,890 $165,220
2018 $2,865 $170,330 $28,710 $141,620
2017 $2,944 $170,330 $28,710 $141,620
2016 $2,862 $170,330 $28,710 $141,620
2015 $2,702 $170,330 $0 $0
2013 -- $159,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2125649

Snake River Regional MLS

APN: RPR00SE0070211