NOT LISTED FOR SALE

Estimated Value: $480,000 - $564,000

4 Beds
2 Baths
1,786 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 19, 2023

Current estimated payment $3,292/month

3 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Partially Fenced Property
  • Forced Air Heating System

About This Home

As of May 2023

Priced to sell quickly. One of the most affordable multifamily investment properties in all of the Boise area. What a great investment opportunity! Brick duplex. 2 bed 1 bath units with one car garage each. Desirable Bench location. Minutes from I-84 or I-184 and just blocks from shopping, dining, entertainment, schools, and all of the great things Boise has to offer. Do not disturb the residents. Drive by only. Rents are $1,325 and $1,425 per month. Each resident pays an additional $45/mo for w,s,t fee. One tenant currently on MTM and pays $150 MTM fee. The other lease expires in 1/31/2024. Possibility of owner occupant to purchase due to MTM lease.

Last Agent to Sell the Property

Gregg Davis

KW Commercial Listed on: 05/03/2023

KW Commercial

Last Buyer's Agent

Lachlan MacGillivray

Silvercreek Realty Group

Silvercreek Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 142x52
  • Partially Fenced Property
  • Aluminum or Metal Fence

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • 1,786 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Masonry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Stove
  • Washer and Dryer Hookup

Listing and Financial Details

  • Total Actual Rent $2,750
  • Assessor Parcel Number R0995080031

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,084
  • Net Operating Income $21,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1962
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 142x52
  • Ownership: Fee Simple
  • Subdivision Name: Blasers
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Total Bedrooms: 4
  • Living Area: 1786

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Metal
  • Construction Type: Brick, Frame, Masonry

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Two Car, Finished Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s), All Units
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

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

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF, Sbjt to Fair Housing Stnd
  • Parcel Number: R0995080031
  • Current Use: 2-4 Units
  • Lot Size Sq Ft: 9583.2
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4143.68

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 21653
  • Annual Operating Expense: 10084
  • Total Actual Rent: 2750
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2018
Sold by
Hutton Ora A
Bought by
Hutton Barbara A
Current Estimated Value
$527,058

Purchase Details

Closed on
Mar 6, 2018
Sold by
Hutton Ora Ann
Bought by
Hutton Barbara A

Purchase Details

Closed on
Aug 15, 2017
Sold by
Jantz Cass Lorene
Bought by
Hutton Barbara A and Hutton Ora Ann
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
Hutton Barbara A -- None Listed On Document
Hutton Barbara A -- None Available
Hutton Barbara A -- Titleone Boise
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterfront One Llc $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold -- -- --
05/06/2023 05/06/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $479,000 -- $268 / 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 $5,046 $466,100 -- --
2023 $5,046 $528,400 $0 $0
2022 $4,144 $477,900 $0 $0
2021 $3,962 $362,500 $0 $0
2020 $3,483 $293,400 $0 $0
2019 $3,649 $268,900 $0 $0
2018 $3,357 $221,100 $0 $0
2017 $3,103 $194,200 $0 $0
2016 $2,982 $182,100 $0 $0
2015 $2,628 $160,700 $0 $0
2012 -- $117,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98876136

Intermountain MLS

APN: R0995080031