Seller's Agent in 2024
Trina Neddo
Cashflow Real Estate
(208) 724-0465
2 in this area
28 Total Sales
338 E State Ave Meridian, ID 83642
Downtown Meridian NeighborhoodEstimated Value: $399,000 - $637,000
5
Beds
3
Baths
2,809
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Forced Air Heating and Cooling System
- 4-minute walk to Centennial Park
- Ductless Heating Or Cooling System
- Wood Fence
About This Home
As of July 2024Find this GEM in the HEART of "Old Town" Meridian!!! VERY unique property w/MANY options for future possibilities! Duplex w/additional open area being rented to a mobile mechanic for $600/mo. Zoned R-15 with "Opportunity zoning" (hold it for 7 years & no capital gains taxes if buy and hold investing occurs). Possible rezone to "Old Town" & get ZERO setbacks with commercial/residential mix + more lax vertical limits!!! Seller has a proforma that was put together by a real estate developer investment company that can be found in the doc. NO HOAs! Roof: BRAND NEW in 2022 Unit 1: New LVP flooring throughout! Each room has new mini-splits, A huge 24' x 56' COVERED concrete pad w/storage space (Could be a master bed and bath turning this 2/1 into a 3/2.) Unit 2: New kitchen-int paint, pergo/laminate/hardwd floors, 3 bed 2 bath. Carport, fenced man cave, mobile trailer for stg. Unit # 3 Carport enclosure w/new roof. Fully gated with room for 6-8 cars. On site Wtr/Swr cleanout/220 pwr & 110 outlets. FULLY RENTED
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,495
Year Built
- Built in 1927
Lot Details
- 6,970 Sq Ft Lot
- Wood Fence
- Aluminum or Metal Fence
- Irrigation
Home Design
- Triplex
- Frame Construction
- Composition Roof
Interior Spaces
- 2,809 Sq Ft Home
- Crawl Space
- Stove
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 5 Parking Spaces
- Carport
- RV Access or Parking
Schools
- Meridian Elementary School
- Meridian Middle School
- Meridian High School
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $3,850
- Assessor Parcel Number R1578000290
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $5,508
- Gross Income $46,200
- Net Operating Income $40,692
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2026
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 3, 2024
Closed on
Jun 13, 2024
Sold by
Bought by
Seller's Agent
Trina Neddo
Cashflow Real Estate
Buyer's Agent
Brian Strand
Silvercreek Realty Group
List Price
$585,900
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%
Original Mortgage
$385,900
Interest Rate
6.29%
Mortgage Type
Balloon
Purchase Details
Listed on
Jul 7, 2022
Closed on
Nov 8, 2022
Sold by
Bought by
Seller's Agent
Kaylee Christian
Mountain Home Pro Real Estate
Buyer's Agent
Trina Neddo
Cashflow Real Estate
List Price
$539,000
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$376,400
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2016
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
4.32%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 12, 2010
Sold by
Bought by
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
4.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2010
Sold by
Bought by
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
4.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 2010
Sold by
Bought by
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
4.27%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Empire Title | ||
| -- | Title One | ||
| -- | None Available | ||
| -- | Accommodation | ||
| -- | Pioneer | ||
| -- | None Available | ||
| $160,540 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $385,900 | ||
| Previous Owner | $376,400 | ||
| Previous Owner | $5,000 | ||
| Previous Owner | $52,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2024 07/22/24 | Sold | -- | -- | -- | |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- | |
| 05/03/2024 05/03/24 | For Sale | $585,900 | +22.1% | $209 / Sq Ft | |
| 11/09/2022 11/09/22 | Sold | -- | -- | -- | View Prior Sale |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- | |
| 08/26/2022 08/26/22 | Price Changed | $480,000 | -3.0% | $209 / Sq Ft | |
| 07/26/2022 07/26/22 | Price Changed | $495,000 | -2.8% | $215 / Sq Ft | |
| 07/19/2022 07/19/22 | Price Changed | $509,000 | -3.8% | $221 / Sq Ft | |
| 07/11/2022 07/11/22 | Price Changed | $529,000 | -1.9% | $230 / Sq Ft | |
| 07/07/2022 07/07/22 | For Sale | $539,000 | -- | $234 / Sq Ft |
Source: Intermountain MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,086 | $462,800 | -- | -- |
| 2024 | $2,495 | $462,900 | -- | -- |
| 2023 | $2,495 | $464,200 | $0 | $0 |
| 2022 | $2,862 | $539,100 | $0 | $0 |
| 2021 | $2,694 | $379,600 | $0 | $0 |
| 2020 | $2,616 | $310,400 | $0 | $0 |
| 2019 | $2,679 | $247,700 | $0 | $0 |
| 2018 | $2,305 | $197,500 | $0 | $0 |
| 2017 | $2,181 | $176,800 | $0 | $0 |
| 2016 | $1,917 | $159,400 | $0 | $0 |
| 2015 | $1,578 | $143,000 | $0 | $0 |
| 2012 | -- | $113,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Trina Neddo
-
Brian Strand
B
Buyer's Agent in 2024
Brian Strand
Silvercreek Realty Group
(208) 371-6762
1 in this area
7 Total Sales
-
K
Seller's Agent in 2022
Kaylee Christian
Mountain Home Pro Real Estate
Map
Source: Intermountain MLS
MLS Number: 98909117
APN: R1578000290
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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
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