NOT LISTED FOR SALE

806 Genesee Ave Genesee, ID 83832

Estimated Value: $291,244 - $293,000

5 Acres
$58,424 Price per Acre
217,800 Sq Ft Lot

Sale Details

Date Sold: January 10, 2024

Current estimated payment $1,650 / mo

128 Days on Market

About This Lot

As of January 2024

The best part about this property is the variety of things you could do with it! If you have the means to develop 5 acres into 17 city lots, this property will pay for itself and more! You can always build the home you've dreamed of! Since these 5 acres are in town, you have access to city water and sewer, and you get to enjoy all the benefits of living in a small town. It's close to school friends, but you've got some elbow room too. You'll have privacy, freedom to build some outbuildings, and even raise some animals. Now, maybe 5 acres is a little more than you need, or maybe you just want to recoup some cost. You could divide your 5 acres in half and sell ~2.5 to a friend or family member. Then, you can build whatever you want AND be close to someone you enjoy. Finally, these 5 acres can potentially be divided into 17 in-town lots. If you're looking for an investment, you could feasibly sell each lot for $50,000+, which comes to $850,000 gross. Minus your cost of the lot and the cost to develop.

Last Agent to Sell the Property

Chris Carpenter

KW Palouse Listed on: 08/02/2023

KW Palouse

Last Buyer's Agent

Elda Helbling

Latah Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $936

Lot Details

  • 5 Acre Lot
  • Irrigation

Utilities

  • Overhead Utilities
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number RPG13100000090A

Property Details

Property Type

Land

Est. Annual Taxes

$936

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Electric: Installed
  • Water Source: City Service
  • Utilities: Natural Gas Not Available, Phone Connected, Cable Connected, Electricity Connected, Overhead, Sewer Connected

Lot Info

  • Lot Features: 5 Acres - 9.9 Acres, Irrigation
  • Parcel Number: RPG13100000090A
  • Current Use: Single Family, 2-4 Units
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 935.78

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 28, 2022
Sold by
Lee Richie Wade
Bought by
Souders Trent
Seller's Agent
Tami Meyers
Silvercreek Realty Group
Buyer's Agent
Gary Bergen
Silvercreek Realty Group
List Price
$239,900
Views
12
Current Estimated Value
$292,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$172,000
Outstanding Balance
$127,513
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$164,609
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Souders Trent -- Latah County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souders Trent $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold -- -- --
12/08/2023 12/08/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $287,000 +19.6% --
11/30/2022 11/30/22 Sold -- -- -- View Prior Sale
10/13/2022 10/13/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $239,900 -- --
Source: Intermountain MLS

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 $1,213 $99,200 $99,200 $0
2024 $1,213 $76,300 $76,300 $0
2023 $861 $63,600 $63,600 $0
2022 $936 $57,800 $57,800 $0
2021 $1,282 $52,500 $52,500 $0
2020 $919 $50,000 $50,000 $0
2019 $1,047 $50,000 $50,000 $0
2018 $1,051 $50,000 $50,000 $0
2017 $983 $50,000 $50,000 $0
2016 $1,024 $0 $0 $0
2014 $981 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98885698

Intermountain MLS

APN: RPG13100000090A

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