NOT LISTED FOR SALE

505 E 4th Ave Post Falls, ID 83854

Post Falls City Center Neighborhood

Estimated Value: $491,549 - $663,000

6 Beds
3 Baths
2,560 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 30, 2021

Current estimated payment $3,295/month

130 Days on Market

Highlights

  • 0.29 Acre Lot
  • No HOA
  • 1-Story Property
  • Territorial View
  • Storage Room
  • Garden

About This Home

As of April 2021

Multi-family investment opportunity! Tri-Plex in Post Falls in desirable location for commuters. Two - 2 bedroom, 1 - bath units. One - 3 bedroom, 1 - bath unit. There is a storage shed for each. Communal laundry room, large shared yard and off street parking. Don't miss out on this great rental property!

Last Agent to Sell the Property

Jordan Kinzie

Keller Williams Realty Coeur d'Alene License #SP50060 Listed on: 12/16/2020

Keller Williams Realty Coeur d'Alene

Co-Listed By

Penny Short-Schmidt

Sayles Real Estate LLC License #SP37183

Last Buyer's Agent

Josh Adams

Keller Williams Realty Coeur d'Alene License #SP37343

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Southern Exposure
  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Territorial Views

Additional Features

  • Outdoor Storage
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number P6900012014A

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance
  • 3 Units

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,565

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Co List Office Mls Id: RRE
  • Co List Office Phone: 208-665-5958
  • Subdivision Name: N/A
  • Directions: Seltice Way, S. on Spokane Street, E. on 4th Ave., property is on left.
  • Architectural Style: Sgl Level
  • Year Built: 1979
  • General Property Description:Lot Acres2: 0.29
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: Smartcode5
  • Legal and Taxes:Tax Year2: 2019
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Sgl Level
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Other Structures:Storage: Yes
  • General Property Description:Total SqFt2: 2560.0
  • Special Features: None

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Living Area: 2560.0
  • ResoLivingAreaSource: Assessor
  • Basement:None2: Yes

Exterior Features

  • Lot Features: Level, Southern Exposure
  • View: Territorial
  • Construction Type: T1-11, Frame
  • Exterior Features: Garden, Fencing - Full
  • Foundation Details: Concrete Perimeter
  • Other Structures: Storage
  • Roof: Composition
  • Lot Features:Southern Exposure: Yes
  • Exterior Features:Fencing - Full: Yes
  • Exterior Features:Garden: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior:T1-11: Yes

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Utilities Paid By Garbage: Landlord

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Maintenance Grounds: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Junior High Dist: Post Falls - 273

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Additional Parcels Description: 111973
  • Parcel #: P6900012014A
  • Zoning: Smartcode5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3564.72
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Josh Adams Family Trust
Bought by
505 4Th Avenue Llc
Current Estimated Value
$558,078

Purchase Details

Listed on
Dec 16, 2020
Closed on
Apr 15, 2021
Sold by
Cunningham Carmen
Bought by
Adams Joshua K and Josh Adams Family Trust
Seller's Agent
Jordan Kinzie
Keller Williams Realty Coeur d'Alene
Buyer's Agent
Josh Adams
Keller Williams Realty Coeur d'Alene
List Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$303,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2005
Sold by
Akins Linda
Bought by
Cunningham Carmen

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
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
505 4Th Avenue Llc -- None Listed On Document
Adams Joshua K -- Alliance Ttl Coeur D Alene O
Cunningham Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Joshua K $303,750
Previous Owner Hollett Jason A $9,750
Previous Owner Cunningham Carmen $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold -- -- --
12/22/2020 12/22/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $440,000 -- $172 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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 $2,879 $430,920 $160,000 $270,920
2023 $2,879 $453,600 $160,000 $293,600
2022 $3,589 $558,000 $160,000 $398,000
2021 $3,674 $348,750 $100,000 $248,750
2020 $3,369 $281,250 $80,000 $201,250
2019 $3,565 $270,000 $70,000 $200,000
2018 $3,303 $225,000 $52,000 $173,000
2017 $3,325 $207,900 $47,000 $160,900
2016 $3,188 $188,100 $47,000 $141,100
2015 $1,617 $188,100 $47,000 $141,100
2013 $2,463 $128,700 $42,000 $86,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jordan Kinzie

    Keller Williams Realty Coeur d'Alene

    (760) 518-4094

    1 in this area

    8 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Penny Short-Schmidt

    Sayles Real Estate LLC

    Section Image

  • J

    Buyer's Agent in 2021

    Josh Adams

    Keller Williams Realty Coeur d'Alene

    1 in this area

    135 Total Sales

    Section Image
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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 20-7959

Coeur d

APN: P6900012014A

Idaho Kootenai County Post Falls 83854 Post Falls City Center

505 E 4th Ave, Post Falls, ID

This home is located at 505 E 4th Ave, Post Falls, ID 83854 since 16 December 2020 and is currently estimated at $564,387, approximately $220 per square foot. This property was built in 1979. 505 E 4th Ave is a home located in Kootenai County with nearby schools including Seltice Elementary School, River City Middle School, and Post Falls High School.

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