NOT LISTED FOR SALE

540 Somerset Ln Victor, ID 83455

Estimated Value: $226,000 - $386,000

4.2 Acres
$72,857 Price per Acre
182,952 Sq Ft Lot

Last Sold September 30, 2020

Current estimated payment $1,678/month

83 Days on Market

Highlights

  • Horses Allowed On Property
  • 4.2 Acre Lot
  • Canyon View

About This Lot

As of September 2020

Located in Cherry Grove, this premium, yet affordable building site offers panoramic views in a quiet, yet convenient location. This building site offers plenty of elbow room with 4.2 acres. Cherry grove is accessed by a well maintained county road, and HOA dues for winter and summer road maintenance are only $350 annually. This parcel is located at the base of the Teton range with nearby access to Darby and Fox Creek Canyon recreational areas, and is only 5 minutes from downtown Driggs or Victor.

Last Agent to Sell the Property

Tayson Rockefeller

Teton Valley Realty License #SP39380 Listed on: 06/12/2020

Last Buyer's Agent

Mandy Rockefeller

Teton Valley Realty License #AB26197

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $395

Lot Details

  • 4.2 Acre Lot
  • Year Round Access

Property Views

  • Canyon
  • Mountain
  • Valley

Additional Features

  • Horses Allowed On Property
  • Electricity To Lot Line

Community Details

  • Property has a Home Owners Association
  • Cherry Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number RP005850000010

Property Details

Property Type

Land

Est. Annual Taxes

$395

Lot Details

0

Listing Details

  • Prop. Type: Building Site
  • Horses: Yes
  • Lot Size Acres: 4.2
  • Road Surface Type: Gravel
  • Subdivision Name: Cherry Grove
  • Directions: W on 4000 S, turn L on Somerset Ln, first lot on L.
  • Property Info:Horses Allowed: Yes
  • Property Features:Year Round Access: Yes
  • View:Mountain View: Yes
  • View:Valley View: Yes
  • Sale Status:Potential Short Sale: No
  • View:Canyon View: Yes
  • Property Features:Electric to Property: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Year Round Access, ST Rental Allowed
  • View: Mountain(s), Valley, Canyon

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Needed
  • Water Source: Well (not existing)

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 182952.0
  • Parcel #: RP005850000010
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 394.7
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 29, 2020
Sold by
Mcconnell William G and Lynn Mcconnell N
Bought by
Suiter Jay M and Suiter Christine
Seller's Agent
Tayson Rockefeller
Teton Valley Realty
Buyer's Agent
Mandy Rockefeller
Teton Valley Realty
List Price
$59,000
Current Estimated Value
$306,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.52%

Purchase Details

Closed on
Apr 18, 2011
Sold by
Cherry Grove Llc
Bought by
Mcconnell William G and Lynn Mcconnell N

Purchase Details

Closed on
Apr 11, 2011
Sold by
Smith Steven H and Smith Kendra J
Bought by
Cherry Grove Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Suiter Jay M -- Teton County Title
Mcconnell William G -- --
Cherry Grove Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold -- -- --
09/04/2020 09/04/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $59,000 -- --
Source: Teton Board of REALTORS®

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 $585 $210,000 $210,000 $0
2024 $585 $176,400 $176,400 $0
2023 $585 $176,400 $176,400 $0
2022 $670 $168,000 $168,000 $0
2021 $396 $60,900 $60,900 $0
2020 $434 $54,600 $54,600 $0
2019 $395 $50,400 $50,400 $0
2018 $392 $46,200 $46,200 $0
2017 $374 $48,300 $48,300 $0
2016 $433 $50,400 $50,400 $0
2015 $552 $50,400 $50,400 $0
2011 -- $52,920 $52,920 $0
Source: Public Records

Agents Affiliated with this Home

  • Tayson Rockefeller

    Seller's Agent in 2020

    Tayson Rockefeller

    Teton Valley Realty

    (208) 709-1333

    169 in this area

    488 Total Sales

    Tayson Rockefeller
    Section Image
  • Mandy Rockefeller

    Buyer's Agent in 2020

    Mandy Rockefeller

    Teton Valley Realty

    (208) 313-3621

    16 in this area

    169 Total Sales

    Mandy Rockefeller
    Section Image
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Map

Source: Teton Board of REALTORS®

MLS Number: 20-1433

APN: RP005850000010

Idaho Teton County Victor 83455

540 Somerset Ln, Victor, ID

This home is located at 540 Somerset Ln, Victor, ID 83455 since 12 June 2020 and is currently estimated at $306,000. 540 Somerset Ln is a home located in Teton County with nearby schools including Driggs Elementary School, Teton High School, and The Learning Academy of Teton Valley.

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