NOT LISTED FOR SALE

33 E Washington Ave Meridian, ID 83642

Downtown Meridian Neighborhood

Estimated Value: $662,188 - $964,000

8 Beds
4 Baths
3,584 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 16, 2024

Current estimated payment $4,310/month

76 Days on Market

Highlights

  • RV Access or Parking
  • Property is near bus stop
  • Baseboard Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2024

ATTENTION INVESTORS, PRICED TO SELL! This hard-to-find 4-plex is located in the Heart of Meridian. This 4 plex has an exceptional rental history for over 30+ years. Nicely maintained 2 bedroom, 1 bath units. Newer roof within 10 years. Plenty of parking. Centrally located within minutes to downtown Meridian, shopping, and the freeway. Please do not disturb the tenants. Seller is also selling a similar property duplex MLS 98914688 and when sold together will make a great deal!

Last Agent to Sell the Property

Christy Niblett

Authority Real Estate Listed on: 06/19/2024

Last Buyer's Agent

Christy Niblett

Authority Real Estate Listed on: 06/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1973

Lot Details

  • 6,534

Home Design

  • 3,584 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • RV Access or Parking

Schools

  • Meridian Elementary School
  • Meridian Middle School
  • Meridian High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Stove
  • Washer and Dryer Hookup
  • 6,534 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $4,315
  • Assessor Parcel Number R6129020120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,046

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • CapRate: 6.034
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Heating: Baseboard
  • Appliances: Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 8
  • Living Area: 3584

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 8

Utilities

  • Cooling: Wall/Window Unit(s), All Units
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Elementary School: Meridian
  • Junior High Dist: West Ada School District
  • High School: Meridian
  • Middle Or Junior School: Meridian Middle

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF, Bus on City Route, R.V. Parking
  • Parcel Number: R6129020120
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 6534
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4046.16

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 4315
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Sep 10, 2024
Sold by
Delbert And Reah Niblett Family Revocabl and Niblett Reah
Bought by
White David and White Tracie
Seller's Agent
Christy Niblett
Authority Real Estate
Buyer's Agent
Christy Niblett
Authority Real Estate
List Price
$769,890
Views
26
Current Estimated Value
$765,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Niblett Delbert R and Niblett Reah L
Bought by
Delbert & Reah Niblett Family Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White David -- Pioneer Title
Delbert & Reah Niblett Family Revocable -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold -- -- --
09/03/2024 09/03/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $699,890 -2.8% $195 / Sq Ft
08/14/2024 08/14/24 Price Changed $719,890 -6.5% $201 / Sq Ft
06/19/2024 06/19/24 For Sale $769,890 -- $215 / 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
2025 $3,731 $750,500 -- --
2024 $4,046 $749,500 -- --
2023 $4,046 $752,800 $0 $0
2022 $5,006 $943,000 $0 $0
2021 $4,624 $651,500 $0 $0
2020 $4,072 $488,500 $0 $0
2019 $4,411 $407,900 $0 $0
2018 $3,858 $330,500 $0 $0
2017 $3,646 $295,500 $0 $0
2016 $3,531 $275,200 $0 $0
2015 $1,323 $248,300 $0 $0
2012 -- $168,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Niblett

    Seller's Agent in 2024

    Christy Niblett

    Authority Real Estate

    (208) 353-6854

    1 in this area

    47 Total Sales

    Christy Niblett
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Map

Source: Intermountain MLS

MLS Number: 98914687

Intermountain MLS

APN: R6129020120

Idaho Ada County Meridian 83642 Downtown Meridian

33 E Washington Ave, Meridian, ID

Not Listed for Sale

MultiFamily

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