NOT LISTED FOR SALE

707 S 5th W Unit 23 Rexburg, ID 83440

8 Beds
4 Baths
2,880 Sq Ft
5,663 Sq Ft Lot

Last Sold November 10, 2022

74 Days on Market

Highlights

  • Forced Air Heating System
  • Madison Senior High School Rated A-
  • Many Trees

About This Home

As of November 2022

Great 4-plex within walking distance of the university! Hyde Park is a highly sought after complex due to it's great rental history. This is a low maintenance investment property because the HOA takes care of upkeep of the lawn, trimming trees and shrubs, parking and common sidewalk area snow removal, upkeep of the parking lot, hydrant back flow testing, garbage, sewer, sprinkler and common water line repairs. Landlords are responsible for the water bill, each unit is metered separately. They're also responsible for each unit's private patio for snow removal, the parking canopies, and the flower bed out front of each unit. The units are well maintained and have lots of natural lighting, you don't want to miss out on this amazing investment opportunity!

Last Agent to Sell the Property

Danny Hebdon

Edge Real Estate Listed on: 07/21/2022

Last Buyer's Agent

Ryan Lerwill

Keller Williams Realty East Idaho

Keller Williams Realty East Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 2005

Lot Details

  • 5,663 Sq Ft Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • 2,880 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Kennedy 321El Elementary School
  • Madison 321Jh Middle School
  • Madison 321Hs High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's Personal Property
  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • Association fees include trash, ground maintenance, snow removal
  • 4 Units
  • Hyde Park Mad Subdivision

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,643

Year Built

Built in 2005

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Has Basement: None
  • Inclusions: 4 Washers & Dryers, 4 Fridges, 4 Ovens, 4 Dishwashers
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.13
  • Subdivision Name: Hyde Park-Mad
  • Directions: West on Main St, South on 2nd W, West on 4th South, South on 5th West to address.
  • Above Grade Finished Sq Ft: 2880
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Appliances: Separate Water Heaters, Dishwasher, Dryer, Washer, Refrigerator, Oven, Stove
  • Owner Pays: Sewer, Other, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2880

Exterior Features

  • Exclusions: Seller's Personal Property
  • Roof: Architectural
  • Lot Features: Concrete Curbing, Sprinkler System-Full, Established Lawn, Many Trees, Flower Beds, Sprinkler-Auto
  • View: No
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Hookups
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air, Separate Heat
  • Electric: Separate Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: Irrigation System, Common Area
  • Association Fee: 96
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Maintenance Grounds, Snow Removal

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Rexburg-Medium Density Resid 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4643.4

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Kennedy 321EL
  • HighSchool: Madison 321HS

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold -- -- --
10/05/2022 10/05/22 Off Market -- -- --
10/04/2022 10/04/22 Pending -- -- --
10/04/2022 10/04/22 Off Market -- -- --
09/16/2022 09/16/22 Off Market -- -- --
08/30/2022 08/30/22 Price Changed $650,000 0.0% $226 / Sq Ft
08/30/2022 08/30/22 For Sale $650,000 -5.1% $226 / Sq Ft
08/04/2022 08/04/22 Off Market -- -- --
08/03/2022 08/03/22 For Sale $685,000 0.0% $238 / Sq Ft
07/29/2022 07/29/22 Off Market -- -- --
07/28/2022 07/28/22 For Sale $685,000 0.0% $238 / Sq Ft
07/28/2022 07/28/22 Off Market -- -- --
07/27/2022 07/27/22 For Sale $685,000 0.0% $238 / Sq Ft
07/22/2022 07/22/22 Off Market -- -- --
07/21/2022 07/21/22 For Sale $685,000 -- $238 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2147144

Snake River Regional MLS