NOT LISTED FOR SALE

3363 N Maple Grove Rd Boise, ID 83704

West Boise Neighborhood

Estimated Value: $747,000 - $856,000

8 Beds
4 Baths
3,330 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 27, 2024

Current estimated payment $4,667/month

134 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Partially Fenced Property
  • Summerwind STEM Academy Rated 10
  • 4 Car Garage
  • Vinyl Flooring

About This Home

As of September 2024

Rare Find 4 Plex Income Property. Well maintained apartments with approximately 820 sq/ft per unit (middle units slightly larger). This is an amazing opportunity for a 1031 exchange or an investor looking to grow their portfolio. 5% current CAP with scheduled rent increases and well over 6% CAP. All units recently renovated. This Parcel will only be sold with MLS # 89808582, Parcel #R7334210960 for a total of 8 units. Don't miss this amazing opportunity. BTVA.

Last Agent to Sell the Property

Joseph Ryther

Keller Williams Realty Boise Listed on: 04/29/2024

Keller Williams Realty Boise

Last Buyer's Agent

Joseph Ryther

Keller Williams Realty Boise Listed on: 04/29/2024

Keller Williams Realty Boise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 210x70
  • Partially Fenced Property
  • Wood Fence
  • Aluminum or Metal Fence

Parking

  • 4 Car Garage
  • Carport

Home Design

  • Quadruplex
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,330 Sq Ft Home
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Summerwind Elementary School
  • Lwlscottjr Middle School
  • Centennial High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $3,400
  • Assessor Parcel Number R7334210950

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,700
  • Gross Income $58,200
  • Net Operating Income $46,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,758

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1978
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 210x70
  • CapRate: 6.8
  • Ownership: Fee Simple
  • Subdivision Name: Randall Acres S
  • Carport Y N: Yes
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Total Bedrooms: 8
  • Flooring: Laminate, Vinyl
  • Living Area: 3330

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Metal, Wood
  • Construction Type: HardiPlank Type
  • Foundation Details: Crawl Space

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Four Car, Carport
  • Total Parking Spaces: 4

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
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Summerwind
  • Junior High Dist: West Ada School District
  • High School: Centennial
  • Middle Or Junior School: LwlScottJr

Lot Info

  • Lot Features: 10000SF - .49
  • Parcel Number: R7334210950
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 14810.4
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6758

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 58200
  • Property Net Operating Income: 46695
  • Annual Operating Expense: 10700
  • Total Actual Rent: 3400
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Sep 26, 2024
Sold by
Frank T And June Ryther Trust and Ryther Frank W
Bought by
Caldwell Industrial Llc
Seller's Agent
Joseph Ryther
Keller Williams Realty Boise
Buyer's Agent
Joseph Ryther
Keller Williams Realty Boise
List Price
$850,000
Views
20
Current Estimated Value
$797,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$290,000
Outstanding Balance
$207,284
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Estimated Equity
$590,354

Purchase Details

Closed on
Dec 10, 2012
Sold by
Ryther Frank W
Bought by
Ryther Frank W and The Restated Frank T & June Ryther Trust

Purchase Details

Closed on
Jun 19, 1998
Sold by
Ryther Frank T and Ryther June
Bought by
Ryther Frank T and Ryther June
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
Caldwell Industrial Llc -- Empire Title
Frank T And June Ryther Trust -- Empire Title
Ryther Frank W -- None Available
Ryther Frank T -- Alliance Title & Escrow Corp
Ryther Frank T -- Alliance Title & Escrow Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Industrial Llc $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold -- -- --
09/10/2024 09/10/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $825,000 -2.9% $248 / Sq Ft
04/29/2024 04/29/24 For Sale $850,000 -- $255 / 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 $5,253 $729,500 -- --
2024 $6,758 $794,300 -- --
2023 $6,758 $970,900 $0 $0
2022 $4,797 $710,600 $0 $0
2021 $4,721 $538,500 $0 $0
2020 $4,288 $430,200 $0 $0
2019 $4,683 $365,700 $0 $0
2018 $4,030 $283,700 $0 $0
2017 $3,566 $236,100 $0 $0
2016 $3,257 $210,500 $0 $0
2015 $1,532 $201,500 $0 $0
2012 -- $142,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98908581

Intermountain MLS

APN: R7334210950