NOT LISTED FOR SALE

516 E Indiana Ave Coeur D'Alene, ID 83814

Garden District Neighborhood

Estimated Value: $1,764,000 - $1,980,000

5 Beds
5 Baths
3,990 Sq Ft
$478/Sq Ft Est. Value

Last Sold April 12, 2022

Current estimated payment $10,675/month

Highlights

  • Deck
  • Territorial View
  • Covered Patio or Porch
  • Bryan Elementary School Rated A-
  • No HOA
  • Garden

About This Home

As of April 2022

Incredible income producing property in the heart of CDA! Charming 5 unit complex that has been recently renovated with great cash flow. Each unit is fully furnished and separately metered. The units were designed to reduce maintenance and maximize profits. Detached garage with 4 individual bays that adds additional income. Plus opportunity for coin operated laundry onsite. Walking distance to Sherman Ave, McEuen Park, Tubbs Hill and City Beach! This location is an incredible opportunity for long term tenants or capitalize on the seasonal renters!

Last Agent to Sell the Property

Kolby Schoenrock

Windermere Real Estate/City Group, LLC License #SP47705 Listed on: 03/10/2022

Windermere Real Estate/City Group, LLC

Last Buyer's Agent

Michael Williams

Keller Williams Realty Coeur d'Alene License #SP47752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,083

Year Built

  • Built in 1900 | Remodeled in 2021

Lot Details

  • 5,663 Sq Ft Lot
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Garden

Parking

  • Alley Access

Home Design

  • Duplex
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,990 Sq Ft Home
  • Multi-Level Property
  • Territorial Views
  • Partially Finished Basement
  • Basement Cellar

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Gas Available
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C180000E0040

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Cda & Kings Subdivision

Building Details

  • Gross Income $115,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,083

Year Built

Built in 1900 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Inclusions: All furnishings
  • Subdivision Name: CdA & Kings
  • Directions: From Sherman Ave: Head North on 5th St, take a Right on Indiana
  • Architectural Style: Multi Level
  • Year Built: 1900
  • General Property Description:Lot Acres2: 0.13
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: R-17
  • Legal and Taxes:Tax Year2: 2021
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: No
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:Remodeled: Yes
  • General Property Description:Year of Remodel: 2021
  • General Property Description:New Construction: No
  • Foundation:Concrete: Yes
  • Roof:Metal: Yes
  • Fuel:Gas: Yes
  • Exterior:Wood2: Yes
  • Foundation:Rock: Yes
  • General Property Description:Total SqFt2: 3990.0
  • Special Features: VirtualTour
  • Year Renovated: 2021

Interior Features

  • Has Basement: Part Finished, Cellar
  • Basement YN: Yes
  • Interior Amenities: Cable Internet Available, Cable TV, High Speed Internet, Wall Unit(s), Mini-Split A/C
  • Living Area: 3990.0
  • ResoLivingAreaSource: Estimated
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Wall Unit(s): Yes
  • Interior Features:Cable TV: Yes
  • Interior Features:Cable Internet Available: Yes
  • Interior Features:Mini-Split AC: Yes
  • Basement:Part Finished: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Lot Features: Level, Alley Access
  • View: Territorial
  • Construction Type: Wood, Frame
  • Exterior Features: Covered Porch, Curbs, Fencing - Partial, Garden, Landscaping, Open Deck, Sidewalks
  • Foundation Details: Concrete Perimeter, Rock
  • Roof: Metal
  • Exterior Features:Garden: Yes
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Open Deck: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Sidewalks: Yes
  • Exterior Features:Covered Porch: Yes
  • Exterior Features:Curbs: Yes
  • Exterior Features:Fencing - Partial: Yes
  • Lot Features:Alley Access: Yes

Garage/Parking

  • General Property Description:Garage Type2: Detach
  • General Property Description:Garage Stall2: 4+ Car

Utilities

  • Heating: Natural Gas, Ductless
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Ductless: Yes
  • Utilities Paid By Garbage: Landlord

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: CDA - 271

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: 130927
  • Parcel #: C180000E0040
  • Zoning: R-17

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 5083.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 30, 2022
Sold by
Strickler Properties Llc
Bought by
Davenas Michel W
Seller's Agent
Kolby Schoenrock
Windermere Real Estate/City Group, LLC
Buyer's Agent
Michael Williams
Keller Williams Realty Coeur d'Alene
List Price
$1,800,000
Current Estimated Value
$1,907,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Shemanski David and Shemanski Carol
Bought by
Equity Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Davenas Michel W -- First American Title
Equity Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equity Trust Co $172,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold -- -- --
03/11/2022 03/11/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,800,000 -- $451 / 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 $7,252 $1,220,793 $350,000 $870,793
2023 $7,252 $1,260,374 $350,000 $910,374
2022 $5,833 $1,259,012 $350,000 $909,012
2021 $0 $605,938 $213,469 $392,469
2020 $5,084 $520,233 $194,063 $326,170
2019 $5,417 $462,940 $155,250 $307,690
2018 $5,438 $417,290 $135,000 $282,290
2017 $4,757 $333,036 $119,226 $213,810
2016 $4,070 $267,513 $91,713 $175,800
2015 $4,261 $274,010 $79,750 $194,260
2013 $2,038 $239,820 $50,000 $189,820
Source: Public Records

Agents Affiliated with this Home

  • Kolby Schoenrock

    Seller's Agent in 2022

    Kolby Schoenrock

    Windermere Real Estate/City Group, LLC

    (509) 710-0675

    1 in this area

    171 Total Sales

    Kolby Schoenrock
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Williams

    Keller Williams Realty Coeur d'Alene

See All Agents

Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-1536

Coeur d

APN: C180000E0040

Idaho Kootenai County Coeur d'Alene 83814 Garden District

516 E Indiana Ave, Coeur d'Alene, ID

This home is located at 516 E Indiana Ave, Coeur D'Alene, ID 83814 since 10 March 2022 and is currently estimated at $1,907,097, approximately $477 per square foot. This property was built in 1900. 516 E Indiana Ave is a home located in Kootenai County with nearby schools including Bryan Elementary School, Lakes Magnet Middle School, and Lake City High School.

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