NOT LISTED FOR SALE

707 S 5th W Unit 40 Rexburg, ID 83440

Estimated Value: $695,900

8 Beds
4 Baths
2,880 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 27, 2024

147 Days on Market

Highlights

  • Property is near schools
  • Forced Air Heating and Cooling System
  • Many Trees
  • Madison Senior High School Rated A-
  • Ceiling Fan
  • Level Lot

About This Home

As of September 2024

Well maintained (see attachment to RE-25 for a list of upgrades) 4-plex unit in Hyde Park. Very close to BYU-Idaho, excellent rental history with only vacancy a day or two for change over between tenants. Rents vary from $900 to $950, see Rent Roll loaded into Documents of this listing.

Last Agent to Sell the Property

Judy Hobbs

Realty Quest License #AB1862 Listed on: 04/08/2024

Last Buyer's Agent

Todd Smith

The Real Estate Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 2003

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 80 x 60
  • Level Lot
  • Sprinkler System
  • Many Trees

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,880 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Open Parking
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Exterior Lighting
  • Property is near schools

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Hyde Park Mad Subdivision

Listing and Financial Details

  • Exclusions: Tenants Furnishings
  • Total Actual Rent $3,600
  • Tenant pays for cable TV, gas, insurance, electricity
  • The owner pays for common area maintenance, insurance, grounds care, sewer, snow removal, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Has Basement: None
  • Inclusions: 4 Each - Washer, Dryer, Range/Oven, Dishwasher, Microwave, Refrigerator, Window Blinds
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.11
  • Lot Size: 80 x 60
  • Subdivision Name: Hyde Park-Mad
  • Directions: from Main Street Rexburg, south on 5th West to complex. Building 40 at the back/east end of complex.
  • Above Grade Finished Sq Ft: 2880
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), None
  • Appliances: Separate Water Heaters, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
  • Owner Pays: Common Area Maintenance, Insurance, Grounds Care, Sewer, Snow Removal, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2880

Exterior Features

  • Exclusions: Tenants Furnishings
  • Exterior Features: Lighting
  • Roof: Composition
  • View: None
  • Lot Features: Low Traffic, Near Schools, Near University/College, Concrete Curbing, Established Lawn, Many Trees, Sprinkler-Auto, Sprinkler System-Full, Level
  • View: No
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Hookups
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, Separate Heat, Central H/A
  • Electric: Separate Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4791.6
  • Zoning Description: General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1

Rental Info

  • Tenant Pays: Cable TV, Gas, Insurance, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4985

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 3600
  • Above Grade Finished Area Units: Square Feet

MLS Schools

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

Range of Values:

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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
09/27/2024 09/27/24 Sold -- -- --
09/03/2024 09/03/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $695,900 -- $242 / 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: 2164301

Snake River Regional MLS