NOT LISTED FOR SALE

Estimated Value: $300,000 - $385,000

6 Beds
4 Baths
2,639 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 10, 2020

Current estimated payment $2,064/month

1 Day on Market

Highlights

  • Adjacent to Greenbelt
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2020

Great cash flow 4plex near the greenbelt. Tenants pay all utilities. Maintenance free metal siding and metal roof. Currently professionally managed. Cash on cash return at 15.8% and cap rate at 8.35%. New paint, appliances in 2 units. 2 buildings. The building on the alley (353 1/2 H St) is newly remodeled 2 bed 1 bath renting for $775 which includes the shed on the property (leased through June). #1 is a 2 bed 1 bath that is vacant and can be viewed anytime. #2 is a 1 bed 1 bath leased at $650 through August. #3 is a 1 bed 1 bath basement unit leased through June. There are 3d scans of 3 of the units (1,3, and 1/2) and an estimated return analysis can be provided upon request.

Last Agent to Sell the Property

Victor Sutherland

The Group Real Estate Listed on: 01/06/2020

Last Buyer's Agent

Victor Sutherland

The Group Real Estate Listed on: 01/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1914

Lot Details

  • 6,970 Sq Ft Lot
  • Adjacent to Greenbelt

Home Design

  • Quadruplex
  • Metal Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bush 91El Elementary School
  • Taylor View 91Jh Middle School
  • Skyline 91HS High School

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Tenant pays for cable TV, trash collection, electricity, water, gas, sewer
  • The owner pays for grounds care, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,124

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Has Basement: Finished
  • Inclusions: 4 Fridges, Ovens, Refrigerators
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.16
  • Subdivision Name: Original Townsite
  • Directions: West on Broadway, North (right) on Memorial to right on H St
  • Above Grade Finished Sq Ft: 2099
  • New Construction: No
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Appliances: Separate Water Heaters
  • Owner Pays: Grounds Care, Snow Removal
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 540
  • Living Area: 2639

Exterior Features

  • Exclusions: Tenant Personal Property
  • Roof: Metal
  • Lot Features: Near Green Belt
  • View: No
  • Construction Type: Metal
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas, Separate Heat
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: General Zoning: Tn-Trad Neigh,Specific Zoning: Idaho Falls-Tn-Traditional Nbh
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Electricity, Water, Gas, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3124

Multi Family

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

MLS Schools

  • Elementary School: Bush 91EL
  • HighSchool: Skyline 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 3, 2020
Sold by
Vic And Chris Three Year Ret Plan Llc
Bought by
Smith Elliot R
Seller's Agent
Victor Sutherland
The Group Real Estate
Buyer's Agent
Victor Sutherland
The Group Real Estate
List Price
$260,000
Current Estimated Value
$336,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$247,500
Outstanding Balance
$173,610
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$168,597

Purchase Details

Listed on
Jun 24, 2013
Closed on
Apr 14, 2014
Sold by
D & D Rentals Llc
Bought by
Nield Cody
Seller's Agent
Brett Magleby
Keller Williams Realty East Idaho
Buyer's Agent
Juan Murdoch
Keller Williams Realty East Idaho
List Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$121,336
Interest Rate
4.25%
Mortgage Type
FHA
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
Smith Elliot R -- Titleone Twin Falls
Nield Cody -- Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Elliot R $247,500
Previous Owner Nield Cody $121,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold -- -- --
01/07/2020 01/07/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $260,000 +118.5% $99 / Sq Ft
04/14/2014 04/14/14 Sold -- -- --
03/20/2014 03/20/14 Pending -- -- --
06/24/2013 06/24/13 For Sale $119,000 -- $47 / 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 $2,750 $296,014 $38,667 $257,347
2023 $2,922 $295,657 $38,667 $256,990
2022 $3,174 $259,508 $28,258 $231,250
2021 $2,314 $178,998 $28,258 $150,740
2019 $2,233 $154,938 $23,558 $131,380
2018 $1,989 $119,883 $21,433 $98,450
2017 $1,836 $100,888 $16,208 $84,680
2016 $1,505 $93,655 $14,725 $78,930
2015 $1,335 $79,095 $14,725 $64,370
2014 $35,875 $79,095 $14,725 $64,370
2013 $1,385 $70,997 $14,725 $56,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2126664

Snake River Regional MLS

APN: RPA1740058010B