Seller's Agent in 2024
Troy Ashworth
Silvercreek Realty Group
(208) 795-0314
1 in this area
79 Total Sales
Estimated Value: $2,408,318 - $3,727,000
14
Beds
8
Baths
19,446
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- 0.98 Acre Lot
- Washer and Dryer
- Partially Fenced Property
- Forced Air Heating and Cooling System
About This Home
As of September 2024* Denali Park Commons is a brand new high-end multifamily property comprised of two buildings situated on a 1-acre site. * Lease up has started filling 4 units in first full week at projected rents. * 24-unit mix of 2BR/1BA and 1BR/1BA, each with a refrigerator, dishwasher, microwave, washer, dryer, quartz countertops, vinyl plank flooring, and more. * Featuring 48 parking stalls, including two ADA-accessible stalls, full landscaping with pressurized irrigation, and a 6-foot vinyl privacy fence. * Invest in an up-and-coming area as the population within a 5-mile radius is projected to rise by 21% through 2028 to over 162,000 residents. * Superior accessibility, 1 mile/5 minutes to I-84, 3 miles/7 minutes to Amazon’s 2.7M-SF warehouse, 17 miles/22 minutes to Downtown Boise. * Pro forma cap rate of 5.83% and estimated net operating income of $349,683. This is 1031 exchange compatible.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,292
Year Built
- Built in 2024
Lot Details
- 0.98 Acre Lot
- Lot Dimensions are 343x125
- Partially Fenced Property
- Vinyl Fence
- Irrigation
Home Design
- 19,446 Sq Ft Home
- Slab Foundation
- Frame Construction
- Composition Roof
- HardiePlank Type
- Stucco
Kitchen
- Stove
- Disposal
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Laundry
- Washer and Dryer
Parking
- 48 Parking Spaces
- Handicap Parking
- Driveway
- Open Parking
Schools
- Endeavor Nampa Elementary School
- East Valley Mid Middle School
- Columbia High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $6,400
- Assessor Parcel Number R3171401000
Community Details
Overview
- Property has a Home Owners Association
- 24 Units
Building Details
- Operating Expense $113,421
- Gross Income $463,104
- Net Operating Income $349,683
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
Sep 11, 2024
Sold by
Wolfe Building And Development Llc
Bought by
Katherine Yolton Family Trust and Yolton
Seller's Agent
Troy Ashworth
Silvercreek Realty Group
Buyer's Agent
Charles Seip
RE/MAX Advisors
List Price
$6,495,000
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.51%
Original Mortgage
$1,200,000
Outstanding Balance
$1,187,162
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,880,497
Purchase Details
Closed on
Dec 14, 2021
Sold by
Boise Front Investments Llc
Bought by
Wolfe Building And Development
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,198
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 2021
Sold by
Dreyer Elizabeth J
Bought by
Boise Front Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,736
Interest Rate
3.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2020
Sold by
Crossley Velma
Bought by
Dreyer Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,435
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 24, 2017
Sold by
Crossley Delbert D and Crossley Velma
Bought by
Crossley Delbert D and Crossley Velma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Katherine Yolton Family Trust | -- | Alliance Title | |
| Wolfe Building And Development | -- | Alliance Title | |
| Boise Front Investments Llc | -- | Pioneer Title Canyon | |
| Dreyer Elizabeth J | -- | Pioneer Title Co | |
| Crossley Delbert D | -- | Nextitle Idaho |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Katherine Yolton Family Trust | $1,200,000 | |
| Previous Owner | Wolfe Building And Development | $413,198 | |
| Previous Owner | Boise Front Investments Llc | $296,736 | |
| Previous Owner | Dreyer Elizabeth J | $247,435 | |
| Previous Owner | Crossley Delbert D | $187,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | -- | -- | -- |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | Price Changed | $5,999,900 | -4.0% | $309 / Sq Ft |
| 04/12/2024 04/12/24 | Price Changed | $6,249,500 | -3.8% | $321 / Sq Ft |
| 03/06/2024 03/06/24 | For Sale | $6,495,000 | -- | $334 / Sq Ft |
Source: Intermountain 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 |
|---|---|---|---|---|
| 2025 | $4,031 | $5,158,200 | $589,100 | $4,569,100 |
| 2024 | $4,031 | $563,490 | $563,490 | -- |
| 2023 | $4,245 | $563,490 | $563,490 | $0 |
| 2022 | $3,781 | $512,260 | $512,260 | $0 |
| 2021 | $2,195 | $290,500 | $130,000 | $160,500 |
| 2020 | $1,309 | $240,400 | $100,000 | $140,400 |
| 2019 | $1,349 | $224,300 | $90,000 | $134,300 |
| 2018 | $390 | $0 | $0 | $0 |
| 2017 | $615 | $0 | $0 | $0 |
| 2016 | $901 | $0 | $0 | $0 |
| 2015 | $736 | $0 | $0 | $0 |
| 2014 | $701 | $113,000 | $46,000 | $67,000 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Ashworth
-
Charles Seip
Buyer's Agent in 2024
Charles Seip
RE/MAX
(208) 250-9562
21 in this area
102 Total Sales
Map
Source: Intermountain MLS
MLS Number: 98902373
APN: 3171401000
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