NOT LISTED FOR SALE

48 Cedron Rd Victor, ID 83455

Estimated Value: $1,947,000

Studio
-- Bath
4,160 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 09, 2025

Current estimated payment $10,671/month

324 Days on Market

Highlights

  • Mountain View
  • Wood Siding
  • 4-minute walk to Victor City Park
  • Level Lot
  • Heating Available

About This Home

As of October 2025

Great investment opportunity in downtown Victor! This newly constructed 4-plex includes (2) 880ft2 units with 2 bds 2 bths, and (2) 1200ft2 units with 3bds 2 bths. Each unit includes all major kitchen stainless steel appliances, washer and dryer, knotty alder cabinetry with granite counter tops, tile surround in main bath, LVP flooring, and city of Victor water and sewer services. HOA dues include garbage and snow removal, and landscape maintenance. Units are located within walking distance of downtown Victor amenities making this an attractive location for tenants and guests alike with both short and long term rentals allowed.
Close proximity to National Forest trails, Teton River, Grand Targhee Ski and Summer Resort and more. Turn-key with all units currently rented! 2023 taxes are for land only. Buyer to verify square footage to buyer's satisfaction.

Last Agent to Sell the Property

Kristy Jacobs

West Group Real Estate License #SP28988 Listed on: 04/08/2025

Last Buyer's Agent

Andrew Ellett

Engel & Volkers Jackson Hole License #11597

Engel & Volkers Jackson Hole

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,656

Year Built

  • Built in 2024

Lot Details

  • 10,454 Sq Ft Lot
  • Year Round Access
  • Level Lot

Home Design

  • Shingle Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,160 Sq Ft Home
  • Mountain Views

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating Available
  • Electricity To Lot Line

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Applewood Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number RPB0135000000B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,656

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.24
  • Lot Size: 10,470 ft2
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Applewood Grove Subdivision
  • Directions: Traveling north on Victor Main Street, turn west on 8000 S (Cedron Rd). Building is on left (south) side of road.
  • Year Built: 2024
  • Property Info:Horses Allowed: No
  • Property Features:Flat: Yes
  • Property Features:Year Round Access: Yes
  • View:Mountain View: Yes
  • Property Features:Electric to Property: Yes
  • Roof:Comp Shingle: Yes
  • Driveway:Asphalt: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Air Conditioning:None2: Yes
  • Property Info Senior Community YN2: No
  • Special Features: NewHome

Interior Features

  • Has Basement: None
  • Basement:None8: Yes

Exterior Features

  • Lot Features: Level
  • View: Mountain(s)
  • Exclusions: Renters' personal property.
  • Construction Type: Other, Wood Siding
  • Roof: Shingle
  • Construction:Stick andor Log: Yes

Garage/Parking

  • Property Info:Garage Type2: None
  • Property Info:Off Street Parking: Yes
  • Unit 1:_pound_ Parking Spaces: 2
  • Unit 2:_pound_ Parking Spaces2: 2
  • Unit 3:_pound_ Parking Spaces3: 2
  • Unit 4:_pound_ Parking Spaces4: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 5280.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: RPB0135000000B
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5655.84
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Oct 1, 2025
Sold by
Ellett Robert T
Bought by
Route 33 Properties Llc
Seller's Agent
Kristy Jacobs
West Group Real Estate
Buyer's Agent
Andrew Ellett
Engel & Volkers Jackson Hole
List Price
$1,999,000
Views
1
Current Estimated Value
$1,947,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Outstanding Balance
$1,159,096
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2024
Sold by
Willows Real Estate Development Llc
Bought by
Peak Property Ventures Llc

Purchase Details

Closed on
Jun 28, 2023
Sold by
Thompson Robert and Thompson Jenna
Bought by
Thompson Peak Properties Llc

Purchase Details

Closed on
Mar 3, 2023
Sold by
Tfes 1049 Llc
Bought by
Thompson Robert

Purchase Details

Closed on
Sep 7, 2022
Sold by
Thompson Brothers Properties Llc
Bought by
Tfes 1049 Llc

Purchase Details

Closed on
Nov 4, 2011
Sold by
Thompson Don L and Thompson Susan H
Bought by
Thompson Brothers Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving
Source: Public Records
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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
Route 33 Properties Llc -- Flying S Title And Escrow
Ellett Robert T -- Flying S Title And Escrow
Peak Property Ventures Llc -- Flying S Title And Escrow
Thompson Peak Properties Llc -- Flying S Title
Thompson Robert -- Title Financial
Tfes 1049 Llc -- First American Title
Thompson Brothers Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellett Robert T $1,162,500
Previous Owner Thompson Brothers Properties Llc $442,000
Closed Peak Property Ventures Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Sold -- -- --
08/16/2025 08/16/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $1,600,000 -11.1% $385 / Sq Ft
06/11/2025 06/11/25 Price Changed $1,800,000 -10.0% $433 / Sq Ft
04/08/2025 04/08/25 For Sale $1,999,000 0.0% $481 / Sq Ft
03/26/2025 03/26/25 Off Market -- -- --
03/17/2025 03/17/25 Price Changed $1,999,000 -9.1% $481 / Sq Ft
09/26/2024 09/26/24 For Sale $2,200,000 -- $529 / Sq Ft
Source: Teton Board of REALTORS®

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 $6,495 $1,505,000 $260,000 $1,245,000
2024 $1,104 $260,000 $260,000 $0
2023 $1,104 $260,000 $260,000 $0
2022 $294 $57,585 $57,585 $0
2021 $473 $57,585 $57,585 $0
2020 $579 $57,585 $57,585 $0
2019 $571 $57,585 $57,585 $0
2018 $619 $57,585 $57,585 $0
2017 $533 $57,585 $57,585 $0
2016 $588 $52,530 $52,530 $0
2015 $726 $52,530 $52,530 $0
2011 -- $52,530 $52,530 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kristy Jacobs

    West Group Real Estate

    (208) 317-0434

    18 in this area

    21 Total Sales

    Kristy Jacobs
    Section Image

  • A

    Buyer's Agent in 2025

    Andrew Ellett

    Engel & Volkers Jackson Hole

    (307) 690-6155

    6 in this area

    58 Total Sales

    Andrew Ellett
    Section Image
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Map

Source: Teton Board of REALTORS®

MLS Number: 24-2473

APN: RPB0135000000B

Idaho Teton County Victor 83455

48 Cedron Rd, Victor, ID

Not Listed for Sale

MultiFamily

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