NOT LISTED FOR SALE

505 Lanier Ln Challis, ID 83226

Estimated Value: $542,000 - $596,000

4 Beds
2 Baths
2,992 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 16, 2024

Current estimated payment $3,054/month

240 Days on Market

Highlights

  • 11.4 Acre Lot
  • Mountain View
  • Vaulted Ceiling
  • River Nearby
  • Covered Deck
  • Wood Flooring

About This Home

As of October 2024

Beautiful log home with wrap around covered deck. Located on approx. 11.5 acres with water rights. 4 bedroom 2 bath custom built log home with an open kitchen, dining and living room on main floor. Lots of windows, hardwood and tile flooring. Great kitchen with gas cooktop, center island and lots of storage. Upper level has large family room. Walk out onto the upper deck to enjoy the amazing views of the mountains and the round valley. Approx. 2992 sqft with 2 bedrooms and 1 bath on each level. This is a very nice home with lots of room for family and friends. This property has year round access and is located within a short distance to Challis Hot Springs, Salmon River public access and all of the recreation this area has to offer.

Last Agent to Sell the Property

Hether Lambson

Way Out West Realty Inc License #AB23223 Listed on: 01/09/2024

Last Buyer's Agent

Hether Lambson

Way Out West Realty Inc License #AB23223 Listed on: 01/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 2010

Lot Details

  • 11.4 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Wood Fence
  • Aluminum or Metal Fence
  • Level Lot
  • Manual Sprinklers System
  • Many Trees

Property Views

  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Mud Room

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Open Parking

Outdoor Features

  • River Nearby
  • Covered Deck
  • Outbuilding

Schools

  • Challis 181El Elementary School
  • Challis 181Jh Middle School
  • Challis 181Hs High School

Utilities

  • No Cooling
  • Heating Available
  • Irrigation Water Rights
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Washer, Dryer, Propane Fuel Tank (Leased), Personal Property.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Has Basement: None
  • Inclusions: Refrigerator, Woodstove, Propane Cookstove, Shed, Semi Load Of Firewood, 2 Pallets Of Quarry Slab Rock.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 11.4
  • Subdivision Name: None
  • Directions: Highway 93 S approx. 3 miles then left on Lanier Ln. Travel 1/4 mile and property is on right.
  • Above Grade Finished Sq Ft: 2992
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2010
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Mud Room, Ceiling Fan(s), Vaulted Ceiling(s)
  • Appliances: Gas Range, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 1, Free Standing, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Living Area: 2992

Exterior Features

  • Exclusions: Washer, Dryer, Propane Fuel Tank (Leased), Personal Property.
  • Roof: Metal
  • View: Mountain(s), Valley
  • Fencing: Metal, Wood, Partial
  • Lot Features: Livestock Permitted, Many Trees, Sprinkler-Manual, Level, Rolling Slope, Rural, Low Traffic, Near Stream/River
  • View: Yes
  • Construction Type: Log, Log (Whole)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: 3+, Covered Deck, Deck

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Crushed Rock, Dirt

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Main Level, Laundry Room
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Cadet Style, See Remarks
  • Heating Yn: Yes
  • Electric: Salmon River Electric, Overhead
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Challis 181JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 496584
  • Zoning Description: Custer-Residential
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1572.7

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Challis 181EL
  • HighSchool: Challis 181HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Oct 16, 2024
Sold by
Lanier Family Cabin Llc
Bought by
Clark Nevada
Seller's Agent
Hether Lambson
Way Out West Realty Inc
Buyer's Agent
Hether Lambson
Way Out West Realty Inc
List Price
$649,000
Views
347
Current Estimated Value
$566,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$425,000
Outstanding Balance
$413,186
Interest Rate
0.64%
Mortgage Type
Construction
Estimated Equity
$153,226

Purchase Details

Closed on
Jan 23, 2014
Bought by
Lanier Family Cabin Llc The
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Nevada $531,250 Custer Cnty Title
Lanier Family Cabin Llc The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Nevada $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold -- -- --
09/06/2024 09/06/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $598,500 -7.8% $200 / Sq Ft
01/09/2024 01/09/24 For Sale $649,000 -- $217 / 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
2024 $1,038 $463,640 $69,600 $394,040
2023 $1,388 $461,050 $69,600 $391,450
2022 $1,266 $347,860 $54,090 $293,770
2021 $1,143 $270,760 $44,090 $226,670
2020 $1,062 $264,410 $41,590 $222,820
2018 $1,003 $245,610 $0 $245,610
2017 $982 $245,610 $0 $245,610
2016 $1,017 $250,890 $0 $250,890
2015 $870 $255,290 $0 $255,290
2011 $642 $261,900 $41,590 $220,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2162795

Snake River Regional MLS

APN: RP000320020070A