NOT LISTED FOR SALE

409 4th Ave E Twin Falls, ID 83301

Estimated Value: $218,000 - $273,000

3 Beds
2 Baths
1,156 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 01, 2024

Current estimated payment $1,540/month

79 Days on Market

About This Home

As of March 2024

Live in one unit and rent out the other unit! Exciting opportunity in Twin Falls Idaho! This well-maintained duplex offers a unique investment prospect or a smart living solution. New paint. Each unit features a comfortable layout.

Last Agent to Sell the Property

Dan Wise

Canyon Trail Realty, LLC Listed on: 11/29/2023

Last Buyer's Agent

Dan Wise

Canyon Trail Realty, LLC Listed on: 11/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1943

Lot Details

  • 6,229

Parking

  • 1 Parking Space

Home Design

  • 1,156 Sq Ft Home
  • Duplex
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Bickel Elementary School
  • South Hills Middle School
  • Twin Falls High School

Utilities

  • Heating unit installed on the ceiling
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $1,225
  • Assessor Parcel Number RPT00010480100A

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,367
  • Net Operating Income $11,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,150

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Year Built: 1943
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • CapRate: 4.1
  • Co List Office Mls Id: 11391
  • Co List Office Phone: 208-324-3354
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Ceiling
  • Total Bedrooms: 3
  • Living Area: 1156

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter
  • Heating Yn: Yes

Schools

  • Elementary School: Bickel
  • Junior High Dist: Twin Falls School District #411
  • High School: Twin Falls
  • Middle Or Junior School: South Hills

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF
  • Parcel Number: RPT00010480100A
  • Current Use: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2150.44

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 11333
  • Annual Operating Expense: 3367
  • Total Actual Rent: 1225
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Mar 1, 2024
Sold by
Magic Valley Real Estate & Investment Gr and Magic Valley R/E & Inv Grp Llc
Bought by
Four Leaf Llc
Seller's Agent
Dan Wise
Canyon Trail Realty, LLC
Buyer's Agent
Dan Wise
Canyon Trail Realty, LLC
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%
Views
73
Current Estimated Value
$248,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,489
Avg. Annual Appreciation
3.64%
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
Four Leaf Llc -- Titlefact
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brian $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold -- -- --
02/16/2024 02/16/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $264,000 -4.0% $228 / Sq Ft
11/29/2023 11/29/23 For Sale $275,000 +233.3% $238 / Sq Ft
11/10/2015 11/10/15 Sold -- -- --
10/22/2015 10/22/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $82,500 -- $101 / 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 $2,016 $187,710 $57,778 $129,932
2023 $2,127 $203,385 $57,778 $145,607
2022 $2,228 $194,590 $46,854 $147,736
2021 $2,248 $149,295 $36,374 $112,921
2020 $1,876 $122,975 $31,183 $91,792
2019 $2,110 $118,116 $28,053 $90,063
2018 $1,999 $106,756 $21,892 $84,864
2017 $1,736 $92,633 $21,892 $70,741
2016 $1,638 $81,705 $0 $0
2015 $1,593 $81,705 $21,892 $59,813
2012 -- $74,429 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98895657

Intermountain MLS

APN: RPT00010480100A