NOT LISTED FOR SALE

624 S 7th Ave Caldwell, ID 83605

Estimated Value: $1,326,148

16 Beds
8 Baths
6,720 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 07, 2019

Current estimated payment $7,659/month

4 Days on Market

Highlights

  • Accessible Hallway
  • Forced Air Heating and Cooling System
  • Grab Bar In Bathroom

About This Home

As of May 2019

This home is located at 624 S 7th Ave, Caldwell, ID 83605 since 18 February 2019 and is currently estimated at $1,326,148, approximately $197 per square foot. This property was built in 1993. 624 S 7th Ave is a home located in Canyon County with nearby schools including Lincoln Elementary School, Jefferson Middle School, and Caldwell Senior High School.

Last Agent to Sell the Property

Lane Nielson

Keller Williams Realty Boise Listed on: 02/18/2019

Keller Williams Realty Boise

Last Buyer's Agent

Eric Uhlenhoff

Anfield Realty

Anfield Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,910

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 120x100
  • Irrigation

Parking

  • 16 Parking Spaces

Home Design

  • 6,720 Sq Ft Home
  • Frame Construction
  • Composition Roof

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Hallway

Schools

  • Washington Elementary School
  • Jefferson Middle School
  • Caldwell High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $6,870
  • Assessor Parcel Number R0661800000

Community Details

Overview

  • Property has a Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $27,654
  • Gross Income $81,342
  • Net Operating Income $53,688

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,910

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 120x100
  • CapRate: 6.43
  • Ownership: Fee Simple
  • Subdivision Name: Strahorn
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Appliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
  • Accessibility Features: Bathroom Bars, Accessible Hallway(s)
  • Total Bedrooms: 16
  • Living Area: 6720

Exterior Features

  • Roof: Composition
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 16

Utilities

  • Cooling: Central Air
  • Electric: 412, Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 5 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter, Unit 8 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (No Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Washington (Caldwell)
  • Junior High Dist: Caldwell School District #132
  • High School: Caldwell
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Features: 10000SF - .49, Irrigation
  • Parcel Number: R0661800000
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9910

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 81342
  • Property Net Operating Income: 53688
  • Annual Operating Expense: 27654
  • Total Actual Rent: 6870
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
May 2, 2019
Sold by
Revocabl Stasch Ronald C and Revocabl Ronald C Stasche 2003
Bought by
Blem Llc
Seller's Agent
Lane Nielson
Keller Williams Realty Boise
Buyer's Agent
Eric Uhlenhoff
Anfield Realty
List Price
$855,000
Current Estimated Value
$1,326,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$565,000
Outstanding Balance
$230,137
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$1,096,011

Purchase Details

Closed on
Apr 9, 2018
Sold by
Gabbert Myron D
Bought by
Ronald C Stasch 2003 Revocable Trust and Stasch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2018
Sold by
Stasch Ronald C
Bought by
Stasch Matthew C and Stasch Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2018
Sold by
Gabbert Myron Dan
Bought by
Stasch Ronald C and Ronald C Stasch 20003 Revocaeble Turst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2005
Sold by
Gabbert Elfriede
Bought by
Gabbert Myron Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hibbard Properties Llc
Bought by
Gabbert Myron Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Blem Llc -- Titleone Boise
Ronald C Stasch 2003 Revocable Trust -- Pioneer Title
Stasch Matthew C $40,000 None Available
Stasch Jared A $40,000 None Available
Stasch Ronald C -- Pioneer Title Canyon
Gabbert Myron Dan -- Title One
Gabbert Myron Dan -- Titleone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blem Llc $565,000
Previous Owner Ronald C Stasch 2003 Revocable Trust $439,000
Previous Owner Stasch Ronald C $439,000
Previous Owner Gabbert Myron Dan $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold -- -- --
02/22/2019 02/22/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $855,000 -- $127 / Sq Ft
Source: Intermountain 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 $8,785 $1,592,700 $162,840 $1,429,860
2024 $8,785 $1,429,100 $155,760 $1,273,340
2023 $9,616 $1,368,900 $155,760 $1,213,140
2022 $8,734 $1,157,200 $141,600 $1,015,600
2021 $10,746 $869,500 $94,400 $775,100
2020 $9,681 $648,800 $76,700 $572,100
2019 $10,417 $640,600 $76,700 $563,900
2018 $9,910 $0 $0 $0
2017 $8,602 $0 $0 $0
2016 $7,927 $0 $0 $0
2015 $8,203 $0 $0 $0
2014 $7,336 $342,500 $70,800 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98719523

Intermountain MLS

APN: 0661800000