NOT LISTED FOR SALE

574 Somerset Ln Victor, ID 83455

Estimated Value: $229,000 - $386,000

4.29 Acres
$65,752 Price per Acre
186,872 Sq Ft Lot

Last Sold June 23, 2022

Current estimated payment $1,552/month

36 Days on Market

Highlights

  • Horses Allowed On Property
  • Scenic Views
  • Level Lot

About This Lot

As of June 2022

Panoramic mountain and valley views from this 4.29 acre building site in Cherry Grove subdivision. Enjoy proximity to National Forest via Darby Canyon, Fox Creek Canyon and all that Teton Valley has to offer while being only minutes to Driggs or Victor. Cherry Grove is a low-density subdivision with lots ranging from 3+ acres to over 12 acres. A perfect spot to build your home or ranchette, just bring your horses. Plenty of open space with only 35 lots encompassing 240 acres.

Last Agent to Sell the Property

Jonathan McLaren

Jackson Hole Sotheby's International Realty License #RE-14875 Listed on: 04/09/2022

Co-Listed By

Hunter McLaren

Jackson Hole Sotheby's International Realty License #SP56064

Last Buyer's Agent

William Fay

Teton Valley Realty License #SP28747

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $404

Lot Details

  • 4.29 Acre Lot
  • Year Round Access
  • Level Lot

Property Views

  • Scenic Vista
  • Mountain
  • Valley

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Electricity To Lot Line
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Cherry Grove Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number RP005850000020A

Property Details

Property Type

Land

Est. Annual Taxes

$404

Lot Details

0

Listing Details

  • Prop. Type: Building Site
  • Horses: Yes
  • Lot Size Acres: 4.29
  • Lot Size: 186,872 Sq. Ft.
  • Co List Office Mls Id: JHSR
  • Subdivision Name: Cherry Grove
  • Directions: Head East on 4000 South and turn left into Cherry Grove. Agent sign on the property.
  • Property Info:Horses Allowed: Yes
  • Property Features:Flat: Yes
  • Property Features:Year Round Access: Yes
  • View:Mountain View: Yes
  • View:Scenic: Yes
  • View:Valley View: Yes
  • Sale Status:Potential Short Sale: No
  • Property Features:Electric to Property: Yes
  • Property Features:Phone to Lot Line: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Year Round Access, Level
  • View: Mountain(s), Valley, Scenic

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Needed
  • Utilities: Phone to Lot Line
  • Water Source: Well (not existing)

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 186872.4
  • Parcel #: RP005850000020A
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 404.44
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 21, 2022
Sold by
Curry and Wallace
Bought by
Flanagan Daniel and Flanagan Katherine
Seller's Agent
Jonathan McLaren
Jackson Hole Sotheby's International Realty
Buyer's Agent
William Fay
Teton Valley Realty
List Price
$245,000
Current Estimated Value
$282,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$195,000
Outstanding Balance
$185,591
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$96,484

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 1, 2020
Sold by
Lepera Eileen E
Bought by
Curry Karen and Curry Wallace
Seller's Agent
Julie Bryan
Prime Real Estate Group
Buyer's Agent
Jonathan McLaren
Silver Peaks Realty
List Price
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.27%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Cherry Grove Llc
Bought by
Lepera Eileen E and The Eileen Lepera 1994 Trust

Purchase Details

Closed on
May 7, 2007
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
Flanagan Daniel -- Alliance Title
Curry Karen -- Alliance Title Driggs Office
Lepera Eileen E -- --
Cherry Grove Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Daniel $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold -- -- --
05/16/2022 05/16/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $245,000 +129.0% --
12/04/2020 12/04/20 Sold -- -- -- View Prior Sale
11/11/2020 11/11/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $107,000 -- --
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 $597 $214,500 $214,500 $0
2024 $597 $180,180 $180,180 $0
2023 $597 $180,180 $180,180 $0
2022 $684 $171,600 $171,600 $0
2021 $404 $62,205 $62,205 $0
2020 $444 $55,770 $55,770 $0
2019 $403 $51,480 $51,480 $0
2018 $401 $47,190 $47,190 $0
2017 $382 $49,335 $49,335 $0
2016 $442 $51,480 $51,480 $0
2015 $562 $51,480 $51,480 $0
2011 -- $54,054 $54,054 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Teton Board of REALTORS®

MLS Number: 22-712

APN: RP005850000020