NOT LISTED FOR SALE

329 5th Ave N Twin Falls, ID 83301

Estimated Value: $277,000 - $330,000

2 Beds
5 Baths
1,982 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 15, 2023

Current estimated payment $1,900/month

111 Days on Market

About This Home

As of September 2023

If investing in a property has always been a goal of yours, now is the perfect opportunity! This incredible income-generating property features a total of 4 units, with 3 apartments on the main floor and 1 on the upper level. Additionally, there is a convenient shed in the back for extra storage. Situated in an unbeatable location close to downtown shopping, businesses, and schools, this property truly embodies the heart of Twin Falls. Its central position makes it an ideal place to call home for anyone seeking convenience and community connection. The dedicated off-street parking adds to the property's allure, offering easy and private access to all units. Each unit has received some updates, and there is a common area washer and dryer available. This is an excellent opportunity to provide much-needed housing to our community while expanding and diversifying your investment portfolio with a piece of history in Twin Falls, Idaho!

Last Agent to Sell the Property

Jamie McDowell

Equity Northwest Real Estate - Southern Idaho Listed on: 05/13/2023

Last Buyer's Agent

Jonathan Mott

Super Realty of Idaho

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1915

Lot Details

  • 6,098

Parking

  • 6 Parking Spaces

Home Design

  • 1,982 Sq Ft Home
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 5 Bathrooms

Schools

  • Lincoln Elementary School
  • South Hills Middle School
  • Canyon Ridge High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Stove
  • 6,098 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,625
  • Assessor Parcel Number RPT00010420050

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,845

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air, Natural Gas
  • Appliances: Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 2
  • Living Area: 1982

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 6

Utilities

  • Cooling: Wall/Window Unit(s), Some Units
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Lincoln
  • Junior High Dist: Twin Falls School District #411
  • High School: Canyon Ridge
  • Middle Or Junior School: South Hills

Lot Info

  • Lot Features: 10000SF - .49, Sidewalks
  • Parcel Number: RPT00010420050
  • Current Use: Single Family, 5+ Units
  • Lot Size Sq Ft: 6098.4
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2845.24

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2625
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Sep 11, 2023
Sold by
Three Bar Investments Llc
Bought by
Guard Abram and Guard Susanna J
Seller's Agent
Jamie McDowell
Equity Northwest Real Estate - Southern Idaho
Buyer's Agent
Jonathan Mott
Super Realty of Idaho
List Price
$324,900
Views
71
Current Estimated Value
$304,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$174,000
Outstanding Balance
$171,088
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$159,862

Purchase Details

Closed on
Apr 16, 2014
Sold by
Martin Scott and Martin Karen L
Bought by
Three Bar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,499
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2009
Sold by
Beasley Donald J
Bought by
Collins Tom D and Collins Vicki M

Purchase Details

Closed on
May 21, 2009
Sold by
Collins Tom D and Collins Vicki M
Bought by
Gary N Nelson And Co

Purchase Details

Closed on
Sep 19, 2007
Sold by
Beasley Donald J
Bought by
5Th Avenue Twin Falls Properties Llc

Purchase Details

Closed on
Jul 21, 2006
Sold by
Collins Tom D and Collins Vicki
Bought by
Beasley Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Guard Abram -- Flying S Title And Escrow Of I
Three Bar Investments Llc -- First American Title
Three Bar Investments Llc -- First American Title
Collins Tom D -- --
Gary N Nelson And Co -- --
5Th Avenue Twin Falls Properties Llc -- --
Beasley Donald J -- Allinace Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guard Abram $174,000
Previous Owner Three Bar Investments Llc $344,499
Previous Owner Beasley Donald J $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold -- -- --
09/01/2023 09/01/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $324,900 0.0% $164 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $324,900 0.0% $164 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $324,900 -- $164 / Sq Ft
Source: Intermountain 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 $2,872 $267,407 $35,317 $232,090
2023 $2,493 $238,375 $35,317 $203,058
2022 $2,845 $248,483 $35,317 $213,166
2021 $2,838 $188,510 $26,563 $161,947
2020 $2,369 $155,284 $26,563 $128,721
2019 $2,732 $152,941 $26,563 $126,378
2018 $2,216 $118,364 $26,954 $91,410
2017 $2,000 $106,703 $26,954 $79,749
2016 $2,050 $102,251 $0 $0
2015 $1,994 $102,251 $23,438 $78,813
2012 -- $98,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98877399

Intermountain MLS

APN: RPT00010420050A