$3,495,000
SOLD NOV 27, 2024
Last list price

4002 W Overland Rd Boise, ID 83705

Depot Bench Neighborhood
8 Beds
8 Baths
10,830 Sq Ft
0.41 Acres

Recently Sold

$323 Per Sq Ft

49 Days on Market

About This Home

As of November 2024

Like-new apartment building boasting 15 - 1 bed 1 bath units in an unbeatable location on the Boise Bench, right next to Hillcrest Country Club! Each unit boasts stylish LVP flooring throughout, a private balcony, and access to a community laundry area. Enjoy the convenience of covered parking and being steps away from endless local amenities, including dining, shopping, and outdoor activities. This property offers the perfect blend of modern living and prime location—ideal for tenants seeking comfort and convenience.

Last Agent to Sell the Property

Troy Perry

Keller Williams Realty Boise Listed on: 09/16/2024

Keller Williams Realty Boise

Last Buyer's Agent

Faith Mikita

Homes of Idaho

Homes of Idaho

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,125

Year Built

  • Built in 2022

Parking

  • 18 Parking Spaces

Home Design

  • 10,830 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Monroe Elementary School
  • South Boise Jr Middle School
  • Borah High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $10,000
  • Assessor Parcel Number R9374500006

Community Details

Overview

  • Property has a Home Owners Association
  • 15 Units

Building Details

  • Operating Expense $31,433
  • Gross Income $227,135
  • Net Operating Income $176,575

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,125

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Year Built: 2022
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • CapRate: 5
  • Ownership: Fee Simple
  • Subdivision Name: Whitney Homes
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome

Interior Features

  • Heating: Electric, Ductless/Mini Split
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
  • Total Bedrooms: 8
  • Living Area: 10830

Exterior Features

  • Roof: Composition
  • Construction Type: Frame
  • Foundation Details: Slab

Garage/Parking

  • Total Parking Spaces: 18

Utilities

  • Cooling: All Units, Ductless/Mini Split
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (No Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Monroe
  • Junior High Dist: Boise School District #1
  • High School: Borah
  • Middle Or Junior School: South Boise Jr

Lot Info

  • Lot Features: 10000SF - .49, Sidewalks
  • Parcel Number: R9374500006
  • Current Use: 5+ Units
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19125.2

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 227135
  • Property Net Operating Income: 176575
  • Annual Operating Expense: 31433
  • Total Actual Rent: 10000
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 26, 2024
Sold by
Overland Apartments Llc
Bought by
Andrew John Slenders Jr And Arlete M Slenders and Slenders
Seller's Agent
Troy Perry
Keller Williams Realty Boise
Buyer's Agent
Faith Mikita
Homes of Idaho
List Price
$3,495,000
Views
72
Current Estimated Value
$3,312,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 19, 2024
Sold by
Pinnacle Builders Incorporated
Bought by
Overland Apartments Llc
Seller's Agent
Troy Perry
Keller Williams Realty Boise
Buyer's Agent
Faith Mikita
Homes of Idaho
List Price
$3,495,000
Views
72

Purchase Details

Closed on
Sep 15, 2021
Sold by
Core Building Company
Bought by
Pinnacle Builders Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,951,347
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Venture Title & Escrow Company
Warranty Deed -- Venture Title & Escrow Company
Warranty Deed -- Venture Title & Escrow Company
Warranty Deed -- Venture Title & Escrow Company
Quit Claim Deed -- Titleone Boise
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,951,347 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold -- -- --
11/04/2024 11/04/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $3,495,000 -- $323 / 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 $19,125 $3,161,700 -- --
2023 $6,526 $2,002,800 -- --
2022 $6,526 $752,700 $0 $0
2021 $2,976 $272,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Perry

    Seller's Agent in 2024

    Troy Perry

    Keller Williams Realty Boise

    (208) 861-9858

    1 in this area

    62 Total Sales

    Section Image
  • Faith Mikita

    Buyer's Agent in 2024

    Faith Mikita

    Homes of Idaho

    (208) 972-1474

    2 in this area

    177 Total Sales

    Section Image
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Map

Source: Intermountain MLS

MLS Number: 98923997

Intermountain MLS

APN: R9374500006

Idaho Ada County Boise 83705 Depot Bench

4002 W Overland Rd, Boise, ID

This home is located at 4002 W Overland Rd, Boise, ID 83705 and is currently estimated at $3,495,000, approximately $322 per square foot. This property was built in 2022. 4002 W Overland Rd is a home located in Ada County with nearby schools including Monroe Elementary School, South Junior High School, and Borah Senior High School.

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.

Intermountain MLS 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.

Information provided by IMLS is deemed reliable but not guaranteed.

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