Seller's Agent in 2023
Sarah Murphy
Local Real Estate
(509) 768-1670
79 Total Sales
611 Cedar St Wallace, ID 83873
Estimated Value: $424,792
12
Beds
4
Baths
6,228
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- River View
- Fireplace
- Forced Air Heating System
- No HOA
- Tile Flooring
- High Speed Internet
About This Home
As of April 2023Once a well-known brothel, this three story brick building on the coveted sunny side of town operates with the second floor functioning as a successful 6 room vacation rental and an anchor retail tenant on the ground floor. The list of renovations and upgrades to this beauty is extensive: 14 new windows, new lighting and updated electrical, fresh paint, and laundry connections on all three floors. The second floor was plumbed for an additional bathroom in 2021. The discovery of the original 1913 tile floor on the ground floor lets its historical charm shine! The third floor adds another 5 bedrooms and full bath to the count. Wallace is nestled between two mountain resorts and at the doorstep of thousands of miles of outdoor recreation trails. City zoning allows for conversion to residential uses for lease or purchase. New roof in 2020.
Last Agent to Sell the Property
Local Real Estate License #SP47141 Listed on: 03/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,500
Year Built
- Built in 1913 | Remodeled in 2021
Lot Details
- 2,614 Sq Ft Lot
- Southern Exposure
- Level Lot
- Property is zoned Commercial, Commercial
Property Views
- River
- City
- Mountain
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Rolled or Hot Mop Roof
- Rubber Roof
Interior Spaces
- 6,228 Sq Ft Home
- Multi-Level Property
- Fireplace
- Electric Oven or Range
- Unfinished Basement
Flooring
- Laminate
- Concrete
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Laundry
- Electric Dryer
- Washer
Parking
- No Garage
- Alley Access
- Paved Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Available
- High Speed Internet
Additional Features
- Exterior Lighting
- In Flood Plain
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number B00500230110A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2023
Sold by
Mission Adventures Llc
Bought by
Jade Adventures Llc
Current Estimated Value
Purchase Details
Listed on
Mar 13, 2023
Closed on
Mar 27, 2023
Sold by
Frieh Courtney
Bought by
Mission Adventures Llc
Seller's Agent
Sarah Murphy
Local Real Estate
Buyer's Agent
Sarah Murphy
Local Real Estate
List Price
$399,000
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$274,937
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2020
Sold by
Storch Max and Jenkins Sheila
Bought by
Jenkins Sheila
Purchase Details
Closed on
Jul 8, 2014
Sold by
Criple Creek And Victor Narrow Gauge Rai
Bought by
Jenkins Sheila and Stroch Max
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 |
|---|---|---|---|
| Jade Adventures Llc | -- | None Listed On Document | |
| Mission Adventures Llc | -- | Flying S Title And Escrow Of I | |
| Jenkins Sheila | -- | None Available | |
| Jenkins Sheila | -- | Alliance Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jade Adventures Llc | $300,000 | |
| Previous Owner | Tandy Lauren Louise | $274,937 | |
| Previous Owner | Mission Adventures Llc | $149,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2023 04/19/23 | Sold | -- | -- | -- |
| 03/20/2023 03/20/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $399,000 | -- | $64 / Sq Ft |
Source: Coeur d'Alene Multiple Listing Service
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 | $4,895 | $464,360 | $44,550 | $419,810 |
| 2024 | $4,516 | $464,360 | $44,550 | $419,810 |
| 2023 | $4,516 | $370,266 | $44,550 | $325,716 |
| 2022 | $5,992 | $452,335 | $14,850 | $437,485 |
| 2021 | $1,431 | $73,428 | $13,500 | $59,928 |
| 2020 | $1,294 | $62,215 | $12,275 | $49,940 |
| 2019 | $1,449 | $71,078 | $11,150 | $59,928 |
| 2018 | $1,472 | $61,090 | $11,150 | $49,940 |
| 2017 | $1,493 | $61,090 | $11,150 | $49,940 |
| 2016 | $1,460 | $56,550 | $11,150 | $45,400 |
| 2015 | -- | $56,550 | $11,150 | $45,400 |
| 2014 | -- | $91,450 | $11,150 | $80,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Murphy
Map
Source: Coeur d'Alene Multiple Listing Service
MLS Number: 23-1661
APN: B00500230110
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