49 Lower Gem Hill Rd Wallace, ID 83873
Estimated payment $75/month
Highlights
- Hot Property
- Mountain View
- No HOA
- RV or Boat Parking
- Wooded Lot
- Attached Garage
About This Home
1920s home on a 0.30-acre lot bordering Canyon Creek just outside Wallace, ID. Structure has no value, tear it down and rebuild or try to fix it up. —Sold as-is on the land value only. Perfect to use as a recreational base with easy access to thousands of miles of public lands for ATVs, snowmobiles, hiking, fishing & more. Near Coeur d'Alene River, Silver Mountain & Lookout Pass ski resorts, and just 4 miles to historic downtown Wallace. Home is connected to water source, unverifiable system. No documentation on water or sewer. Contact Panhandle Health Dept regarding sewer/septic questions. Home is unsafe DO NOT ENTER. Agent must accompany all buyers/showings. Seller will be reviewing offers on 1/26/2026. Seller reserves the right to accept an offer at any time. Listing Broker represents the Seller exclusively in this transaction.
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 0.3 Acre Lot
- Level Lot
- Wooded Lot
- Property is zoned NR, NR
Home Design
- Slab Foundation
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 1,635 Sq Ft Home
- Multi-Level Property
- Carpet
- Mountain Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Bathroom
Parking
- Attached Garage
- RV or Boat Parking
Location
- In Flood Plain
Utilities
- No Heating
- Spring water is a source of water for the property
- Septic System
Community Details
- No Home Owners Association
- Gem Subdivision
Listing and Financial Details
- Assessor Parcel Number RPO17010040080A
Map
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 | $276 | $33,841 | $16,991 | $16,850 |
| 2024 | $282 | $33,841 | $16,991 | $16,850 |
| 2023 | $282 | $33,841 | $16,991 | $16,850 |
| 2022 | $240 | $19,721 | $16,971 | $2,750 |
| 2021 | $273 | $15,844 | $13,344 | $2,500 |
| 2020 | $296 | $15,584 | $13,084 | $2,500 |
| 2019 | $145 | $15,193 | $12,693 | $2,500 |
| 2018 | $200 | $10,193 | $7,693 | $2,500 |
| 2017 | $194 | $10,193 | $7,693 | $2,500 |
| 2016 | $201 | $10,193 | $3,846 | $6,347 |
| 2015 | -- | $10,193 | $7,693 | $2,500 |
| 2014 | -- | $10,193 | $7,693 | $2,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2026 01/26/26 | Pending | -- | -- | -- |
| 01/16/2026 01/16/26 | For Sale | $10,000 | -- | $6 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | Silver Valley Law Llc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $10,500 | No Value Available |
Source: Coeur d'Alene Multiple Listing Service
MLS Number: 26-526
APN: O17010040080