NOT LISTED FOR SALE

520 N Water Ave Idaho Falls, ID 83402

Estimated Value: $288,000 - $352,000

3 Beds
3 Baths
1,968 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 20, 2020

Current estimated payment $1,945/month

3 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of November 2020

Great investment property! Low maintenance triplex that is close to downtown, Steady rental history. 3 separately metered units (gas and electric) Lots of off street parking. Newer roof, updated electrical throughout. Updated bathroom in unit #2. Exterior entrances to all 3 units, large backyard, tenants pay all utilities. Laundry hookups in unit #3. Exterior needs scraped and re painted.

Last Agent to Sell the Property

Nathan Schiess

Keller Williams Realty East Idaho License #SP51318 Listed on: 10/06/2020

Last Buyer's Agent

Nathan Schiess

Keller Williams Realty East Idaho License #SP51318 Listed on: 10/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Hawthorne 91El Elementary School
  • Taylor View 91Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Tenant pays for electricity, sewer, gas, insurance, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,149

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Has Basement: Crawl Space
  • Inclusions: Fridges, Ranges/Oven
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.16
  • Subdivision Name: Original Townsite
  • Directions: Turn left off birch street onto N Water Ave. Unit is on the left .
  • Above Grade Finished Sq Ft: 1968
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Separate Water Heaters
  • Owner Pays: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1968

Exterior Features

  • Exclusions: Tenant Personal Property
  • Roof: 3 Tab, Metal
  • View: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Rock

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Zoning Description: General Zoning: Not Specified,Specific Zoning: Not Verified
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Insurance, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2149

Multi Family

  • Number Of Units Total: 3
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Hawthorne 91EL
  • HighSchool: Idaho Falls 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 16, 2020
Sold by
Schiess Nathan and Schiess Kevin
Bought by
Hall Trisha and Hall Clifford
Seller's Agent
Nathan Schiess
Keller Williams Realty East Idaho
Buyer's Agent
Nathan Schiess
Keller Williams Realty East Idaho
List Price
$200,000
Current Estimated Value
$315,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$170,000
Outstanding Balance
$124,529
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,947

Purchase Details

Listed on
Oct 6, 2020
Closed on
Sep 21, 2020
Sold by
Schiess Elya and Schiess Nathan
Bought by
Schiess Nathan and Schiess Kevin
Seller's Agent
Nathan Schiess
Keller Williams Realty East Idaho
Buyer's Agent
Nathan Schiess
Keller Williams Realty East Idaho
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$124,529
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,947

Purchase Details

Listed on
May 20, 2020
Closed on
Sep 18, 2020
Sold by
Schiess Lindsay R and Schiess Kevin
Bought by
Schiess Nathan and Schiess Kevin
Seller's Agent
Ross Mangum
Keller Williams Realty East Idaho
Buyer's Agent
Nathan Schiess
Keller Williams Realty East Idaho
List Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$124,529
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,947

Purchase Details

Closed on
Jun 8, 2018
Sold by
Terry Nick
Bought by
Terry Nickolas and Terry Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 14, 2017
Sold by
Armendariz Mark P and Armendariz Karrie A
Bought by
Terry Nicky
Seller's Agent
Anderson Hicks Group
Keller Williams Realty East Idaho
Buyer's Agent
Ross Mangum
Keller Williams Realty East Idaho
List Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.58%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Harding Blair and Harding Carolyn
Bought by
Armendariz Mark P and Armendariz Karrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Haws Mark E and Haws Joanne B
Bought by
Harding Blair and Harding Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Harding Blair and Harding Carolyn
Bought by
Haws Mark E and Haws Joanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
5.58%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Hall Trisha -- Ameri Title
Schiess Nathan -- Titleone Twin Falls
Schiess Nathan -- Titleone Twin Falls
Schiess Nathan -- Titleone Twin Falls
Terry Nickolas -- First American Title
Terry Nicky -- Amerititle
Armendariz Mark P -- Alliance Title & Escrow Corp
Harding Blair -- Alliance Title And Escrow Co
Haws Mark E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Trisha $170,000
Previous Owner Schiess Nathan $112,500
Previous Owner Terry Nickolas $93,000
Previous Owner Armendariz Mark P $81,600
Previous Owner Haws Mark E $103,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold -- -- --
10/09/2020 10/09/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $200,000 +33.3% $102 / Sq Ft
09/21/2020 09/21/20 Sold -- -- --
08/06/2020 08/06/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $150,000 +20.0% $76 / Sq Ft
11/16/2017 11/16/17 Sold -- -- --
11/09/2017 11/09/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $125,000 -- $64 / 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 $2,711 $300,980 $47,775 $253,205
2023 $2,867 $290,345 $47,775 $242,570
2022 $2,934 $239,100 $31,500 $207,600
2021 $2,885 $182,040 $31,500 $150,540
2019 $2,471 $156,280 $26,250 $130,030
2018 $2,149 $133,420 $23,870 $109,550
2017 $1,988 $109,530 $17,360 $92,170
2016 $1,965 $102,005 $15,785 $86,220
2015 $1,946 $99,445 $15,785 $83,660
2014 $48,759 $99,445 $15,785 $83,660
2013 $1,656 $86,315 $15,785 $70,530
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ross Mangum

    Keller Williams Realty East Idaho

  • N

    Seller's Agent in 2020

    Nathan Schiess

    Keller Williams Realty East Idaho

  • Anderson Hicks Group

    Seller's Agent in 2017

    Anderson Hicks Group

    Keller Williams Realty East Idaho

    (208) 403-0155

    1,150 Total Sales

    Anderson Hicks Group
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Map

Source: Snake River Regional MLS

MLS Number: 2132694

Snake River Regional MLS

APN: RPA1740032005O

Idaho Bonneville County Idaho Falls 83402

520 N Water Ave, Idaho Falls, ID

This home is located at 520 N Water Ave, Idaho Falls, ID 83402 since 06 October 2020 and is currently estimated at $315,571, approximately $160 per square foot. This property was built in 1920. 520 N Water Ave is a home located in Bonneville County with nearby schools including A.H. Bush Elementary School, Taylorview Middle School, and Idaho Falls Senior High School.

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.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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