$575,000
SOLD SEP 2, 2022
Last list price

8478 S 1st E Idaho Falls, ID 83404

4 Beds
2 Baths
2,082 Sq Ft
3.43 Acres

Recently Sold

$276 Per Sq Ft

2 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Ceiling Fan
  • Multiple Fireplaces
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of September 2022

Very Unique investment property, with several income options. 2 bedroom Duplex with a 3 car garage between units, You could live on one side and rent out the other. There is also a Mobile Home park with 6 rental spaces all currently rented out at $250 a month. 24x24 foot shop that can be rented out or used for storage. There are 2 acres behind the property that could be used as a pasture or possibly add an orchard. Water rights come with the pasture. Zoning for the Duplex and Mobile Home Park is commercial and Back acreage is zoned agricultural.

Last Agent to Sell the Property

Julie Winn

Century 21 High Desert License #SP35555 Listed on: 07/24/2022

Century 21 High Desert

Last Buyer's Agent

Colt Landon

Evolv Brokerage

Evolv Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1943

Lot Details

  • 3.43 Acre Lot

Parking

  • 3 Car Garage
  • RV Access or Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Multiple Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Sunnyside 91El Elementary School
  • Taylor View 91Jh Middle School
  • Idaho Falls 91HS High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Community Well
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tenant pays for electricity, insurance, grounds care
  • The owner pays for common area maintenance, sewer, snow removal, insurance, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Has Basement: Crawl Space, Partial
  • Inclusions: 2 Fridge, 2 Oven/Range, 2 Dishwasher, 2 Microwave
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 3.43
  • Subdivision Name: None
  • Directions: Take Holmes going South past 65th East, Holmes Turns into 1st East. Property is on the West side of Road.
  • Above Grade Finished Sq Ft: 2082
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Interior Amenities: Sunroom, Ceiling Fan(s)
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave
  • Owner Pays: Common Area Maintenance, Sewer, Snow Removal, Insurance, Trash Collection, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 50
  • Entry Location: All Units on Same Level
  • Fireplace: Yes
  • Living Area: 2082

Exterior Features

  • Exclusions: Tenants Personal Property
  • Roof: 3 Tab, Composition
  • Lot Features: None
  • View: No
  • Construction Type: Metal
  • Foundation Details: Block, Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: RV Access/Parking, Garage
  • Total Parking Spaces: 18

Utilities

  • Sewer: Community Sewer
  • Laundry Features: Laundry Hookups
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard, Natural Gas, Fireplace(s), Fireplace
  • Electric: Separate Power Meters, Rocky Mountain Power
  • Water Source: Community Well (5+)

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Taylor View 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 149410.8
  • Zoning Description: General Zoning: Commercial,Specific Zoning: Bonneville-A1-Agricultural Zon
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Insurance, Grounds Care

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2907

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Sunnyside 91EL
  • HighSchool: Idaho Falls 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2022
Closed on
Sep 1, 2022
Sold by
Dancing Dragonfly Llc
Bought by
Tykinderen Llc
Seller's Agent
Julie Winn
Century 21 High Desert
Buyer's Agent
Colt Landon
Evolv Brokerage
List Price
$575,000
Current Estimated Value
$441,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.84%

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 30, 2018
Sold by
Hahn Max and Hahn Kay N
Bought by
Dancing Dragonfly Llc
Seller's Agent
Kerry Howell
Century 21 High Desert
Buyer's Agent
Julie Winn
Century 21 High Desert
List Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$217,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,000 Credit Line Revolving
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold -- -- --
07/26/2022 07/26/22 Pending -- -- --
07/24/2022 07/24/22 For Sale $575,000 +76.9% $276 / Sq Ft
08/02/2018 08/02/18 Sold -- -- --
05/23/2018 05/23/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $325,000 -- $150 / Sq Ft
Source: Snake River Regional 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
2024 $2,014 $0 $0 $0
2023 $2,011 $386,356 $58,446 $327,910
2022 $2,618 $340,386 $58,446 $281,940
2021 $2,580 $253,046 $58,446 $194,600
2019 $2,913 $230,066 $58,446 $171,620
2018 $1,393 $286,546 $58,446 $228,100
2017 $1,346 $206,666 $58,446 $148,220
2016 $1,252 $199,596 $55,446 $144,150
2015 $624 $175,366 $55,446 $119,920
2014 $32,576 $175,366 $55,446 $119,920
2013 $1,288 $184,306 $55,446 $128,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2148195

Snake River Regional MLS

APN: RP01N38E182403