NOT LISTED FOR SALE

Estimated Value: $21,472,518

6 Beds
4 Baths
84,070 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 19, 2016

Current estimated payment $127,732/month

73 Days on Market

Highlights

  • 4.22 Acre Lot
  • Property is near a bus stop
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

This home is located at 7811 W Ustick Rd, Boise, ID 83704 since 03 August 2015 and is currently estimated at $21,472,518, approximately $255 per square foot. This property was built in 1995. 7811 W Ustick Rd is a home located in Ada County with nearby schools including Valley View Elementary School, Fairmont Junior High School, and Capital High School.

Last Agent to Sell the Property

Tricia Callies

KW Commercial Listed on: 08/03/2015

KW Commercial

Last Buyer's Agent

Mike Swope

Swope Investment Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $94,072

Year Built

  • Built in 1995

Lot Details

  • 4.22 Acre Lot
  • Irrigation

Home Design

  • 84,070 Sq Ft Home
  • Frame Construction
  • Composition Roof

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 164 Parking Spaces
  • Carport
  • Handicap Parking

Location

  • Property is near a bus stop

Schools

  • Valley View - Boundary County Elementary School
  • Fairmont Middle School
  • Capital High School

Utilities

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

Community Details

  • 105 Units

Listing and Financial Details

  • Total Actual Rent $2,185
  • Assessor Parcel Number R0539000987

Property Details

Home Type

Apartment

Est. Annual Taxes

$94,072

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.22
  • Ownership: Fee Simple
  • Subdivision Name: Ash Park Sub
  • Carport Y N: Yes
  • Garage Yn: No
  • 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: Handicap Parking
  • Total Bedrooms: 6
  • Living Area: 84070

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, Other

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 164

Utilities

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

Schools

  • Elementary School: Valley View - Boundary County
  • Junior High Dist: Boise School District #1
  • High School: Capital
  • Middle Or Junior School: Fairmont

Lot Info

  • Lot Features: 1 - 4.99 Acres, Bus on City Route, Irrigation, Sidewalks
  • Parcel Number: R0539000987
  • Current Use: 5+ Units
  • Lot Size Sq Ft: 183823.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 94072.36

Multi Family

  • Number Of Units Total: 105
  • Total Actual Rent: 2185
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jan 12, 2016
Sold by
Whispering Pines Inc
Bought by
Aspen Endeavors Llc
Seller's Agent
Tricia Callies
KW Commercial
Buyer's Agent
Mike Swope
Swope Investment Properties
List Price
$8,500,000
Current Estimated Value
$21,472,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$6,160,000
Outstanding Balance
$4,902,658
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$16,234,857
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Aspen Endeavors Llc -- Titleone Boise
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aspen Endeavors Llc $6,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2016 01/19/16 Sold -- -- --
10/15/2015 10/15/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $8,500,000 -- $101 / 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 $172,048 $17,910,600 -- --
2024 $177,910 $18,951,700 -- --
2023 $177,910 $18,630,800 $0 $0
2022 $149,900 $17,280,900 $0 $0
2021 $145,532 $13,310,000 $0 $0
2020 $124,798 $10,506,400 $0 $0
2019 $127,839 $9,417,400 $0 $0
2018 $124,118 $8,171,400 $0 $0
2017 $111,918 $7,000,000 $0 $0
2016 $102,557 $6,260,200 $0 $0
2015 $94,072 $6,183,600 $0 $0
2012 -- $4,336,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98596880

Intermountain MLS

APN: R0539000987