NOT LISTED FOR SALE

520 Vassar Way Idaho Falls, ID 83402

Estimated Value: $617,000 - $715,000

10 Beds
9 Baths
6,075 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 19, 2023

Current estimated payment $4,031/month

166 Days on Market

Highlights

  • Deck
  • Multiple Fireplaces
  • Storage
  • Property is near public transit
  • No HOA
  • Ceiling Fan

About This Home

As of September 2023

Large apartment units on 3 levels. These can be turned into townhomes and sold separately. They are currently being marketed as 4 plexes for lending purposes. CCRS already in place and the original plat had 4 different addresses and legal descriptions. If the 4 plexes are sold separately we will put a cross easement in place before closing.

Last Agent to Sell the Property

Sondra Ward

Keller Williams Realty East Idaho License #AB28538 Listed on: 03/10/2023

Keller Williams Realty East Idaho

Last Buyer's Agent

Monica Brown

Real Estate Pros LLC License #SP47299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Gentle Sloping Lot
  • Partial Sprinkler System
  • Many Trees

Parking

  • 5 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Multiple Fireplaces
  • Storage
  • Washer and Dryer Hookup
  • Walk-Out Basement

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ethel Boyes 91El Elementary School
  • Eagle Rock 91Jh Middle School
  • Skyline 91HS High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Total Actual Rent $39,840
  • Tenant pays for cable TV, electricity, sewer, water
  • The owner pays for insurance, grounds care, snow removal

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cambridge Terrace Bon Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,673

Year Built

Built in 1985

Lot Details

0

Parking

5

Listing Details

  • Has Basement: Walk-Out Access
  • Inclusions: 4 Stoves/Ovens, 4 Dishwashers, 4 Refrigerators, Storage Room, Shed And Washer Dryer Hookups. Garage Door Openers. Slice Of Land To The North Not Included In This Legal Description. The Driveway Is On A Separate Legal Description.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.5
  • Subdivision Name: Cambridge Terrace-Bon
  • Directions: North on Skyline from Pancheri to Tulane. East on Tulane then North on Vassar. Pass the 8 decks and 9 garages then take the lane up to the front doors.
  • Above Grade Finished Sq Ft: 5675
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Separate Storage
  • Appliances: Separate Water Heaters, Dishwasher, Refrigerator, Oven, Stove
  • Owner Pays: Insurance, Grounds Care, Snow Removal
  • Full Bathrooms: 5
  • Half Bathrooms: 4
  • Total Bedrooms: 10
  • Below Grade Sq Ft: 400
  • Fireplace: Yes
  • Living Area: 6075

Exterior Features

  • Exclusions: Tenants Personal Property
  • Roof: Composition
  • View: None
  • Lot Features: Low Traffic, Near Schools, Near Site Bus Stop, Established Lawn, Many Trees, Sprinkler-Auto, Sprinkler System-Partial, Gentle Sloping
  • View: No
  • Construction Type: Vinyl
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Existing-Partly Updated

Garage/Parking

  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: Yes
  • Parking Features: Off Street, Garage
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Hookups
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard, Separate Heat, Fireplace(s)
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Additional Storage, Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Eagle Rock 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 21780
  • Zoning Description: General Zoning: If Residence 2,Specific Zoning: Idaho Falls-R2a-Residential

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4673

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 39840
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Ethel Boyes 91EL
  • HighSchool: Skyline 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Sep 15, 2023
Sold by
Draw Holdings Llc
Bought by
Susano Martin Cruz and Moreno Xareni Cervantes
Seller's Agent
Sondra Ward
Keller Williams Realty East Idaho
Buyer's Agent
Monica Brown
Real Estate Pros LLC
List Price
$650,000
Views
369
Current Estimated Value
$666,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$500,000
Outstanding Balance
$489,276
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$176,724

Purchase Details

Closed on
Mar 27, 2018
Sold by
Draw Llc
Bought by
Ward Kevin E and Ward Sondra

Purchase Details

Closed on
Nov 27, 2006
Sold by
Idaho Falls Acquisition Company Llc
Bought by
Ward Kevin E and Ward Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,652
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Susano Martin Cruz -- Titleone
Ward Kevin E -- Alliance Title & Escrow Corp
Ward Kevin E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susano Martin Cruz $500,000
Previous Owner Ward Kevin E $53,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold -- -- --
08/24/2023 08/24/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $625,000 -3.8% $103 / Sq Ft
03/10/2023 03/10/23 For Sale $650,000 -- $107 / 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
2025 $6,461 $749,058 $78,344 $670,714
2024 $6,461 $700,434 $54,032 $646,402
2023 $4,689 $479,720 $54,032 $425,688
2022 $3,593 $290,882 $39,172 $251,710
2021 $4,542 $290,882 $39,172 $251,710
2019 $5,213 $290,882 $39,172 $251,710
2018 $5,250 $287,356 $35,646 $251,710
2017 $1,267 $275,200 $23,490 $251,710
Source: Public Records

Agents Affiliated with this Home

  • Sondra Ward

    Seller's Agent in 2023

    Sondra Ward

    Keller Williams Realty East Idaho

    (208) 521-0560

    53 Total Sales

    Sondra Ward
    Section Image

  • M

    Buyer's Agent in 2023

    Monica Brown

    Real Estate Pros LLC

    (208) 397-8970

    20 Total Sales

    Monica Brown
    Section Image
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Map

Source: Snake River Regional MLS

MLS Number: 2152928

Snake River Regional MLS

APN: RPA0404001040O

Idaho Bonneville County Idaho Falls 83402

520 Vassar Way, Idaho Falls, ID

This home is located at 520 Vassar Way, Idaho Falls, ID 83402 since 10 March 2023 and is currently estimated at $666,000, approximately $109 per square foot. This property was built in 1985. 520 Vassar Way is a home located in Bonneville County with nearby schools including Foxhollow Elementary School, Eagle Rock Middle School, and Skyline 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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