NOT LISTED FOR SALE

438 N Stout Ave Blackfoot, ID 83221

Estimated Value: $302,903

6 Beds
3 Baths
2,062 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 12, 2021

Current estimated payment $1,845/month

14 Days on Market

About This Home

As of November 2021

Great investment property in Blackfoot with new vinyl plank flooring throughout. Unit 1 is a 1 bed 1 bath apartment with a lease through July 31st, 2022. Unit 2 is a 2 bed 1 bath apartment with a lease through July 31st, 2022. This has new paint throughout as well as a new fridge and oven. Unit 3 is a 3 bed 1 bath apartment that is currently vacant This apartment has new paint throughout, new countertops, new flooring throughout, and a new dishwasher. Tenants will love the large backyard and quiet neighborhood. Rents are $650, $700, and a projected $900 for a total of $2,250 with tenants putting gas and electric in their name and paying $75 extra towards water/sewer/trash. Unit 3 will be left vacant for showings but does have a video you can watch if you search "438 stout #3 Blackfoot" on youtube. Please see 3d scans of #1 and #2, those will be made available to view in person after going under contract.

Last Agent to Sell the Property

Victor Sutherland

Idaho Falls Real Estate Investment License #SP44379 Listed on: 09/27/2021

Last Buyer's Agent

Dale Thompson

Keller Williams Realty East Idaho

Keller Williams Realty East Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Stoddard 55El Elementary School
  • Blackfoot 6Th Grade Middle School
  • Blackfoot 55HS High School

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • Elmwood Bing Subdivision

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • The owner pays for common area maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,779

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Has Basement: Crawl Space
  • Inclusions: 3 Fridges, 3 Ovens
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.255
  • Subdivision Name: Elmwood-Bing
  • Directions: From the Idaho Potato Museum head North on highway 91, turn Right onto Alice Street, then left onto North Stout Avenue. Property will be on the right.
  • Above Grade Finished Sq Ft: 2062
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Appliances: Separate Water Heaters
  • Owner Pays: Common Area Maintenance
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2062
  • Living Area: 2062

Exterior Features

  • Exclusions: Tenant Personal Property
  • Roof: Metal
  • View: No
  • Construction Type: Frame, Hardboard/Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Blackfoot 6th Grade

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11107.8
  • Zoning Description: General Zoning: Blackfoot Mult Fam,Specific Zoning: Blackfoot-R3-Multi Family Resi
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1779

Multi Family

  • Number Of Units Total: 3
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Stoddard 55EL
  • HighSchool: Blackfoot 55HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 10, 2021
Sold by
Sutherland Victor
Bought by
Gee Elliott and Gee Eve
Seller's Agent
Victor Sutherland
Idaho Falls Real Estate Investment
Buyer's Agent
Dale Thompson
Keller Williams Realty East Idaho
List Price
$285,000
Current Estimated Value
$302,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$195,919
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2021
Sold by
Sutheriland Nancy
Bought by
Sutherland Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2006
Sold by
Cook Jeff
Bought by
Shuman Jake
Source: Public Records

Range of Values:

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Average Value
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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
Gee Elliott -- Alliance Title Rigby Office
Sutherland Victor -- Alliance Title Idaho Falls O
Shuman Jake $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee Elliott $213,750
Previous Owner Sutherland Victor $123,750
Closed Shuman Jake $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold -- -- --
10/11/2021 10/11/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $285,000 -- $138 / 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
2025 $2,851 $225,500 $30,000 $195,500
2024 $2,851 $225,500 $30,000 $195,500
2023 $2,890 $225,500 $30,000 $195,500
2022 $3,269 $143,420 $23,000 $120,420
2021 $1,804 $76,330 $18,000 $58,330
2020 $1,780 $76,330 $0 $0
2019 $1,890 $76,330 $0 $0
2018 $1,991 $76,330 $18,000 $58,330
2017 $1,886 $76,330 $18,000 $58,330
2016 $1,711 $69,850 $0 $0
2015 $1,596 $69,850 $0 $0
2014 $1,596 $69,850 $18,000 $51,850
Source: Public Records

Agents Affiliated with this Home

  • Victor Sutherland

    Seller's Agent in 2021

    Victor Sutherland

    Idaho Falls Real Estate Investment

    (208) 421-1191

    41 Total Sales

    Victor Sutherland
    Section Image

  • D

    Buyer's Agent in 2021

    Dale Thompson

    Keller Williams Realty East Idaho

    Section Image
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Map

Source: Snake River Regional MLS

MLS Number: 2139980

Snake River Regional MLS

APN: RP1099300

Idaho Bingham County Blackfoot 83221

438 N Stout Ave, Blackfoot, ID

This home is located at 438 N Stout Ave, Blackfoot, ID 83221 since 27 September 2021 and is currently priced at $302,903, approximately $146 per square foot. This property was built in 1951. 438 N Stout Ave is a home located in Bingham County with nearby schools including I.T. Stoddard Elementary School, Blackfoot High School, and Blackfoot Charter Community Learning Center.

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.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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