NOT LISTED FOR SALE

401 W 2nd Ave Salmon, ID 83467

Estimated Value: $1,147,000 - $1,258,000

5 Beds
5 Baths
4,151 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 02, 2024

Current estimated payment $7,441/month

99 Days on Market

Highlights

  • RV Access or Parking
  • Cooling Available
  • 4-minute walk to Island Park
  • 2 Car Attached Garage
  • Heating System Uses Propane

About This Home

As of August 2024

Nestled along the banks of the picturesque Salmon River Valley, w unparalleled views of town, this exquisite five-bedroom, five-bathroom home epitomizes luxury living w a twist of financial opportunity. Boasting captivating mountain views, this property has undergone a recent FULL renovation from the foundation up, w meticulous attention to every detail, transforming it into a modern haven of comfort and style. Not only would this home make an exemplary residence for a single family or generational living, but it also serves as an income-producing gem, w each room featuring its own bathroom & currently rented at $8000 per month. Complete w a communal gourmet kitchen, high-end appliances & ample space for entertaining, this property offers the perfect blend of personal sanctuary & financial savvy, making it a phenomenal investment opportunity in one of the most sought-after locations in town. Home is offered fully furnished w acceptable offer. Don't miss your chance to own this piece of paradise!

Last Agent to Sell the Property

Sarah Delong

Coldwell Banker Tomlinson Listed on: 03/06/2024

Coldwell Banker Tomlinson

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1953

Lot Details

  • 0.97

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • RV Access or Parking

Home Design

  • 4,151 Sq Ft Home
  • Slab Foundation
  • Stucco

Kitchen

  • Stove
  • Disposal

Schools

  • Pioneer Elementary School
  • Salmon Middle School
  • Salmon High School

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Radiant Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number A00000601190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1953
  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Electric, Propane, Radiant
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
  • Living Area: 4151

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Two Car, Attached, RV Access/Parking, Finished Driveway
  • Total Parking Spaces: 8

Utilities

  • Cooling: Ductless/Mini Split
  • Sewer: Septic Tank
  • Water Source: City Service, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Pioneer
  • Junior High Dist: Salmon School District #291
  • High School: Salmon High School
  • Middle Or Junior School: Salmon Middle School

Lot Info

  • Lot Features: 1/2 - .99 Acre, R.V. Parking
  • Parcel Number: A00000601190
  • Current Use: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3038.14

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Jul 31, 2024
Sold by
Omyer Douglas R
Bought by
Bauer Michael E and Morris Lori Dawn
Seller's Agent
Sarah Delong
Coldwell Banker Tomlinson
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$1,275,000
Views
161
Current Estimated Value
$1,201,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%
Original Mortgage
$590,000
Outstanding Balance
$305,100
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$896,379

Purchase Details

Closed on
Nov 2, 2009
Sold by
Beers Jun F and Beers Joann
Bought by
Beers Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.02%
Mortgage Type
Unknown
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
Bauer Michael E -- Alliance Title
Beers Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Michael E $590,000
Previous Owner Myer Douglas R O $250,000
Previous Owner Omyer Douglas R $100,000
Previous Owner Beers Mike $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold -- -- --
06/13/2024 06/13/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,275,000 -- $307 / 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 $10,728 $1,115,049 $75,305 $1,039,744
2024 $2,999 $1,279,695 $75,305 $1,204,390
2023 $2,967 $405,561 $67,312 $338,249
2022 $3,038 $405,561 $67,312 $338,249
2021 $2,868 $280,062 $52,588 $227,474
2020 $1,754 $160,117 $52,588 $107,529
2019 $1,900 $160,117 $52,588 $107,529
2018 $1,703 $139,547 $32,018 $107,529
2017 $1,770 $139,547 $32,018 $107,529
2016 $1,712 $126,492 $32,018 $94,474
2013 $382 $66,292 $42,911 $23,381
2011 $382 $62,481 $35,760 $26,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98902320

Intermountain MLS

APN: RPA00000601190