Seller's Agent in 2021
Ryan Lerwill
Keller Williams Realty East Idaho
(208) 351-4373
280 Total Sales
51 S 1st E Rexburg, ID 83440
--
Bed
56
Baths
36,368
Sq Ft
1.2
Acres
Highlights
- No HOA
- Ductless Heating Or Cooling System
- Forced Air Zoned Heating and Cooling System
- Madison Senior High School Rated A-
- Handicap Accessible
- Community Storage Space
About This Home
As of January 2021This is an ideal investment property for the investor who would like to have a 'hands-free operation'. With management in place both off-site and on-site, this investment can be easily maintained and operated from a distance. Currently BYU- I approved single men's housing. These 4-7 (28 apartments with 140 beds total) man apartments were recently remodeled in 2013 and look great! This complex features amazing amenities including a large weight room, a game room equipped with Foosball, pool and ping pong tables, a theater room eqipped with a projector and stadium seating, a large lounge great for gatherings, and free laundry on each floor. The rooms themselves are air conditioned and fully furnished with a dishwasher, 2 refrigerators, a vacuum cleaner, ironing board and 2 desks with chairs. The property has more than adequate parking which is a commodity that is very difficult to replicate in the Rexburg single student housing area, an area which is predefined and overseen by the university. The buyer will be required to work with the BYU-Idaho Housing Office as the new owner for the qualified single student housing. Don't miss this hard to find opportunity to own single family housing approved by BYU-I and an excellent location between campus and Main Street.
Last Agent to Sell the Property
Keller Williams Realty East Idaho Listed on: 02/24/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $52,103
Year Built
- Built in 1984 | Remodeled
Lot Details
- 1.2
Home Design
- 36,368 Sq Ft Home
- Brick Exterior Construction
- Membrane Roofing
- Concrete Perimeter Foundation
- Stucco
- Stone
Parking
- Open Parking
- Off-Street Parking
Schools
- Lincoln 321El Elementary School
- Madison 321Jh Middle School
- Madison 321Hs High School
Utilities
- Ductless Heating Or Cooling System
- Shared Heating and Cooling
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Radiant Heating System
- Water Heater
Additional Features
- 56 Full Bathrooms
- Handicap Accessible
- 1.2 Acre Lot
Listing and Financial Details
- Exclusions: Renter's Personal Property
- The owner pays for cable TV, electricity, common area maintenance, sewer, gas, snow removal, insurance, trash collection, grounds care, water
Community Details
Overview
- No Home Owners Association
- 28 Units
- Rexburg Townsite Mad Subdivision
- Maintained Community
Amenities
- Community Storage Space
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Tpc Pinnacle Llc | $3,124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | -- | -- | -- |
| 10/28/2020 10/28/20 | Pending | -- | -- | -- |
| 02/24/2020 02/24/20 | For Sale | $4,300,000 | -- | $118 / Sq Ft |
Source: Snake River Regional MLS
Tax History Compared to Growth
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 | $28,184 | $2,666,150 | $415,120 | $2,251,030 |
| 2023 | $28,184 | $2,666,150 | $415,120 | $2,251,030 |
| 2022 | $33,957 | $2,666,150 | $415,120 | $2,251,030 |
| 2021 | $39,832 | $2,658,040 | $415,120 | $2,242,920 |
| 2020 | $37,703 | $2,658,040 | $415,120 | $2,242,920 |
| 2019 | $44,942 | $2,658,040 | $415,120 | $2,242,920 |
| 2018 | $37,424 | $2,201,010 | $53,630 | $2,147,380 |
| 2017 | $37,971 | $2,201,010 | $0 | $0 |
| 2016 | $36,916 | $2,201,010 | $163,530 | $2,037,480 |
| 2015 | $32,830 | $2,201,010 | $0 | $0 |
| 2013 | -- | $1,431,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Lerwill
-
Jeff Lerwill
Seller Co-Listing Agent in 2021
Jeff Lerwill
Keller Williams Realty East Idaho
(208) 716-1548
150 Total Sales
-
Travis Greene
Buyer's Agent in 2021
Travis Greene
Idaho Agents Real Estate
(208) 201-9953
108 Total Sales
Map
Source: Snake River Regional MLS
MLS Number: 2127461
APN: RPRRXB10373730
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.
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