PENDING
$25K PRICE DROP
285 Lava St Idaho Falls, ID 83402
Estimated payment $2,866/month
Total Views
8,786
6
Beds
4
Baths
2,356
Sq Ft
$191
Price per Sq Ft
Highlights
- No HOA
- Baseboard Heating
- 1-minute walk to Water Tower
About This Home
Great investment opportunity, this multi family rental property has 4 units. First a single family 3 bed 1 bath 2 story home, an over under duplex, and a small 1 bed 1 bath home. All unit have had multiple updates, the Duplex was gutted and fully remodeled a few years ago. This rental property has a great rental history. 285 Lava: Lease ends 4/30/2025, rent is $1,500. * 287 #1: Lease ends 3/31/2025, rent is $795. * 287 #2: Lease ends 6/31/2025, rent is $800. * 445 Chamberlain: Lease ends 2/28/2025, rent is $795.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,827
Year Built
- Built in 1920
Lot Details
- 10,019 Sq Ft Lot
Home Design
- Quadruplex
- Slab Foundation
- Metal Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,356 Sq Ft Home
- Unfinished Basement
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Longfellow 91El Elementary School
- Eagle Rock 91Jh Middle School
- Skyline 91HS High School
Utilities
- No Cooling
- Baseboard Heating
- Community Sewer or Septic
Community Details
- No Home Owners Association
- 4 Units
- Original Townsite Subdivision
Listing and Financial Details
- The owner pays for sewer, trash collection, water
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,827 | $522,078 | $53,000 | $469,078 |
| 2023 | $2,612 | $247,240 | $53,000 | $194,240 |
| 2022 | $2,312 | $175,717 | $37,900 | $137,817 |
| 2021 | $1,582 | $115,238 | $37,900 | $77,338 |
| 2019 | $1,782 | $97,537 | $31,600 | $65,937 |
| 2018 | $1,656 | $91,620 | $28,700 | $62,920 |
| 2017 | $1,535 | $80,592 | $20,900 | $59,692 |
| 2016 | $1,403 | $74,888 | $19,000 | $55,888 |
| 2015 | $683 | $65,421 | $19,000 | $46,421 |
| 2014 | $48,878 | $65,421 | $19,000 | $46,421 |
| 2013 | $1,410 | $70,033 | $19,000 | $51,033 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $450,000 | -3.2% | $191 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $465,000 | -2.1% | $197 / Sq Ft |
| 02/22/2025 02/22/25 | For Sale | $475,000 | 0.0% | $202 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $475,000 | -- | $202 / Sq Ft |
Source: Snake River Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Amerititle | |
| Quit Claim Deed | -- | Amerititle Idaho Falls | |
| Quit Claim Deed | -- | Accommodation | |
| Warranty Deed | -- | Alliance Title Idaho Falls O | |
| Interfamily Deed Transfer | -- | First American Title Idaho F | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $162,000 | New Conventional | |
| Previous Owner | $63,000 | New Conventional |
Source: Public Records
Similar Homes in Idaho Falls, ID
Source: Snake River Regional MLS
MLS Number: 2173107
APN: RPA1740014013A
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Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
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