NOT LISTED FOR SALE

297 S Water Ave Idaho Falls, ID 83402

Estimated Value: $319,000 - $367,000

4 Beds
4 Baths
2,476 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 02, 2019

Current estimated payment $2,087/month

35 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Garage
  • Corner Lot
  • Baseboard Heating
  • Many Trees

About This Home

As of December 2019

PRICE REDUCED!!! Unique 4-Plex investment with great rental history. Address includes 293 & 297 South Water and 217 & 215 Pine St. Established yard with sprinkler system. Updated windows on the lower level apartments. 1 car garage and storage room attached. Many updates in units. Tenants pay electric, sewer, water, and garbage. Owner pays for common gas water heater (Apx. 25$/month). Current total monthly rents are $1600. Unit 293 is a studio apartment. Unit 297 and 215 Pine are 1 bed, 1 bath apartments. Unit 217 has 2 bedroom and 1 bath. All units are currently rented. Property is agent owned. Showings are available but will require 48 hour notice to properly notify tenants.

Last Agent to Sell the Property

Jennifer Walker

Keller Williams Realty East Idaho Listed on: 09/24/2019

Last Buyer's Agent

Liz Swendsen

Silvercreek Realty Group License #SP41166

Silvercreek Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Many Trees

Parking

  • 1 Car Garage
  • Open Parking

Home Design

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

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Deck

Schools

  • Hawthorne 91El Elementary School
  • Taylor View 91Jh Middle School
  • Skyline 91HS High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Community Details

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

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tenant pays for cable TV, trash collection, electricity, water, sewer
  • The owner pays for grounds care, common area maintenance, gas, insurance, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,317

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Has Basement: Finished, Full, Egress Windows, Exterior Entry
  • Inclusions: Refrigerators And Range For Each Unit.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.1
  • Subdivision Name: Original Townsite
  • Directions: Broadway east to South Water. South on Water. Corner of Water and Pine.
  • Above Grade Finished Sq Ft: 1224
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Common Water Heaters, Oven, Refrigerator, Stove
  • Owner Pays: Grounds Care, Common Area Maintenance, Gas, Insurance, Snow Removal
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1252
  • Living Area: 2476

Exterior Features

  • Exclusions: Tenants Personal Property
  • Roof: Architectural
  • Lot Features: Established Lawn, Many Trees, Sprinkler System-Full, Flower Beds, Corner Lot
  • View: No
  • Construction Type: Block, Lap Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Existing

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4356
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-R3a-Res Mixed Use
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2317

Multi Family

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

MLS Schools

  • Elementary School: Hawthorne 91EL
  • HighSchool: Skyline 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 27, 2019
Sold by
Kellogg Lisa and Kellogg Cody
Bought by
Kellogg Cody
Seller's Agent
Jennifer Walker
Keller Williams Realty East Idaho
Buyer's Agent
Liz Swendsen
Silvercreek Realty Group
List Price
$199,500
Current Estimated Value
$344,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$138,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Denton Stephanie
Bought by
Walker Dale and Walker Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2009
Sold by
Marez Louie
Bought by
Denton Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2008
Sold by
Marez Louie
Bought by
Denton Stephanie

Purchase Details

Closed on
Mar 16, 2007
Sold by
Marez Tiffany A
Bought by
Marez Louie

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
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Boland George P and Boland Nancy B
Bought by
Marez Louie

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
6.29%
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
Kellogg Cody -- Amerititle Idaho Falls
Kellogg Cody -- Amerititle Idaho Falls
Walker Dale -- --
Denton Stephanie -- --
Denton Stephanie -- None Available
Marez Louie -- None Available
Marez Louie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellogg Cody $210,000
Closed Kellogg Cody $138,750
Previous Owner Denton Stephanie $74,500
Previous Owner Marez Louie $124,000
Previous Owner Marez Louie $31,000
Previous Owner Boland George P $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold -- -- --
10/29/2019 10/29/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $199,500 -- $81 / 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 $2,404 $280,504 $33,267 $247,237
2023 $2,553 $272,177 $33,267 $238,910
2022 $2,442 $201,143 $25,493 $175,650
2021 $2,140 $163,173 $25,493 $137,680
2019 $2,483 $142,673 $21,253 $121,420
2018 $2,317 $139,133 $19,333 $119,800
2017 $2,100 $123,213 $15,053 $108,160
2016 $2,072 $112,700 $13,680 $99,020
2015 $1,016 $108,720 $13,680 $95,040
2014 $47,501 $108,720 $13,680 $95,040
2013 $1,881 $103,740 $13,680 $90,060
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jennifer Walker

    Keller Williams Realty East Idaho

  • Liz Swendsen

    Buyer's Agent in 2019

    Liz Swendsen

    Silvercreek Realty Group

    (208) 419-6510

    121 Total Sales

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Map

Source: Snake River Regional MLS

MLS Number: 2125135

Snake River Regional MLS

APN: RPA1740038006B

Idaho Bonneville County Idaho Falls 83402

297 S Water Ave, Idaho Falls, ID

This home is located at 297 S Water Ave, Idaho Falls, ID 83402 since 24 September 2019 and is currently estimated at $345,000, approximately $139 per square foot. This property was built in 1920. 297 S Water Ave is a home located in Bonneville County with nearby schools including Hawthorne Elementary School, Eagle Rock Middle School, and Skyline Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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