NOT LISTED FOR SALE

318 Pioneer Rd Unit 3 Rexburg, ID 83440

Estimated Value: $567,331

8 Beds
4 Baths
2,880 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 16, 2021

Current estimated payment $3,589/month

2 Days on Market

Highlights

  • Property is near schools
  • Forced Air Heating System
  • Many Trees
  • Madison Senior High School Rated A-
  • Ceiling Fan
  • Level Lot

About This Home

As of March 2021

Exceptionally well maintained 4-plex in Peterson Point, fronts on Pioneer Road. Excellent rental history, 100% occupancy. Rents are way below market and value is based upon an expected $750 lease rate upon renewal of all leases. Sale subject to all existing leases. Leases on file with listing office .

Last Agent to Sell the Property

Judy Hobbs

Realty Quest License #AB1862 Listed on: 01/21/2021

Last Buyer's Agent

Todd Davis

Realty Quest License #DB33528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 2004

Lot Details

  • 4,879 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,880 Sq Ft Home
  • Ceiling Fan
  • Carpet

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Open Parking
  • Off-Street Parking

Location

  • Property is near schools
  • Property is near a golf course

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts

Listing and Financial Details

  • Exclusions: Tenants Furnishings
  • Total Actual Rent $31,200
  • Tenant pays for electricity, gas
  • The owner pays for sewer, insurance, water

Community Details

Overview

  • Association fees include trash, ground maintenance, snow removal
  • 4 Units
  • Peterson Pointe Mad Subdivision

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,365

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Has Basement: None
  • Inclusions: 4 Each: Washer, Dryer, Dishwasher, Microwave, Range, Refrigerator, Window Coverings
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.112
  • Subdivision Name: Peterson Pointe-Mad
  • Directions: west on Main Street, south on Pioneer 1/4 mile, Peterson Point is on west side of road, Unit #3 fronts on Pioneer.
  • Above Grade Finished Sq Ft: 2880
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), None
  • Appliances: Separate Water Heaters, Dishwasher, Microwave, Dryer, Washer, Refrigerator, Oven
  • Owner Pays: Sewer, Insurance, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet
  • Living Area: 2880

Exterior Features

  • Exclusions: Tenants Furnishings
  • Roof: Composition
  • View: None
  • Lot Features: Low Traffic, Near University/College, Near Golf Course, Near Schools, Concrete Curbing, Sprinkler System-Full, Established Lawn, Many Trees, Sprinkler-Auto, Level
  • View: No
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Other
  • Laundry Features: Laundry Included, Laundry Hookups
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Electric: Separate Power Meters, 220 Volts, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: Irrigation System, Common Area
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Maintenance Grounds, Snow Removal

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4878.72
  • Zoning Description: General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4365

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 31200
  • 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
Jan 21, 2021
Closed on
Mar 15, 2021
Sold by
Greydrake Llc
Bought by
Tucker William R and Tucker Cheryl Ann
Seller's Agent
Judy Hobbs
Realty Quest
Buyer's Agent
Todd Davis
Realty Quest
List Price
$449,000
Current Estimated Value
$567,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Jan 8, 2020
Sold by
Sakamaki Sumie
Bought by
Greydrake Llc

Purchase Details

Closed on
Jan 21, 2011
Sold by
Harwood Hannelore
Bought by
Sakamaki Sumie
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
Tucker William R -- Amerititle Idaho Falls
Greydrake Llc -- None Available
Sakamaki Sumie -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold -- -- --
01/23/2021 01/23/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $449,000 -- $156 / 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 $4,748 $453,934 $75,000 $378,934
2023 $4,748 $453,934 $75,000 $378,934
2022 $3,920 $307,180 $52,000 $255,180
2021 $4,611 $307,180 $52,000 $255,180
2020 $4,365 $307,180 $52,000 $255,180
2019 $5,210 $307,180 $52,000 $255,180
2018 $967 $52,000 $52,000 $0
2017 $4,909 $52,000 $0 $0
2016 $4,774 $280,580 $52,000 $228,580
2015 $4,794 $280,580 $0 $0
2013 -- $280,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Hobbs

    Seller's Agent in 2021

    Judy Hobbs

    Realty Quest

    (208) 390-8787

    98 Total Sales

    Judy Hobbs
    Section Image
  • Todd Davis

    Buyer's Agent in 2021

    Todd Davis

    Realty Quest

    (208) 520-0870

    115 Total Sales

    Todd Davis
    Section Image
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Map

Source: Snake River Regional MLS

MLS Number: 2134121

Snake River Regional MLS

APN: RPR0PTP0000030

Idaho Madison County Rexburg 83440

318 Pioneer Rd Unit 3, Rexburg, ID

This home is located at 318 Pioneer Rd Unit 3, Rexburg, ID 83440 since 21 January 2021 and is currently estimated at $567,331, approximately $196 per square foot. This property was built in 2004. 318 Pioneer Rd Unit 3 is a home located in Madison County with nearby schools including Burton Elementary School, Kennedy Elementary School, and Madison Junior 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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