NOT LISTED FOR SALE

Estimated Value: $408,000 - $609,000

8 Beds
4 Baths
3,168 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 07, 2020

Current estimated payment $3,210/month

2 Days on Market

About This Home

As of December 2020

Excellent cashflow, in-place cap rate of 5.8%. Turn-key fourplex, fully leased. Below market rents due to long term tenants. 3 HVAC systems replaced, 1 original, all regularly maintained. Leases end 9/21, 7/21 and 5/21. 10+ year tenant MTM. Great property manager in-place, if desired. Tenants pay separately metered electric and gas, owner pays water/sewer/garbage. Central/forced air, city water and city sewer.

Last Agent to Sell the Property

Kyle Sales

Silvercreek Realty Group Listed on: 10/13/2020

Silvercreek Realty Group

Last Buyer's Agent

John Palumbo

Boise Premier Real Estate

Boise Premier Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1997

Lot Details

  • Irrigation

Home Design

  • Composition Shingle Roof

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4RN5975012007D

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,092

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential Income
  • Type: Fourplex
  • Age: 21-30 Years
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Heating: Forced Air, Gas
  • Price Per Sq Ft: 145.2
  • Price Per Sq Ft: 138.86
  • Estimated Above Grade Sq Ft: 3168
  • Refrigerator: All Units
  • Stove Range: All Units
  • Washer Dryer Hookups: All Units
  • Estimated Sq Ft: 3168

Exterior Features

  • Construction: Frame, Vinyl/Metal Siding, Foundation - Crawl space
  • Roof: Composition Shingle

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Cooling: Central Air, All Units
  • Flood Ins Required: Yes
  • Sewer: Yes Connected
  • Disposals: All Units
  • Water: City Service

Condo/Co-op/Association

  • Setup Transfer Fee Type: $

Schools

  • School District: Nampa School District #131
  • Elementary School: Snake River
  • Middle School: W Nampa Jr
  • High School: Nampa

Lot Info

  • Irrigation District: Yes
  • Irrigation District Name: Pioneer
  • Land Size: Standard Lot 6000-9999 SF
  • Land Use: 2-4 Units
  • Lot Features: Fenced Partial, Irrigation, Sidewalks
  • Lot Size Length: 100
  • Lot Size Width: 75
  • Number Acres: 0.17
  • Parcel Number: 4RN5975012007D

Rental Info

  • Actual Rent Income: 35460

Multi Family

  • Number Units: 4

Tax Info

  • Taxes: 2877.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Sree Llc
Bought by
Bonds Noah Patrick and Bonds Angela Lynn
Seller's Agent
Kyle Sales
Silvercreek Realty Group
Buyer's Agent
John Palumbo
Boise Premier Real Estate
List Price
$439,900
Current Estimated Value
$540,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$345,000
Outstanding Balance
$307,860
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$242,394

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 22, 2020
Sold by
Sree Llc
Bought by
Bonds Noah Patrick and Bonds Angela Lynn
Seller's Agent
Kyle Sales
Silvercreek Realty Group
Buyer's Agent
John Palumbo
Boise Premier Real Estate
List Price
$439,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$307,860
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$242,394

Purchase Details

Closed on
May 1, 2020
Sold by
Sales Kyle D and Sales Lindsay R
Bought by
Sree Llc

Purchase Details

Closed on
Oct 16, 2015
Sold by
Sales Kyle and Sales Lindsay
Bought by
Sree Llc

Purchase Details

Listed on
Jul 31, 2014
Closed on
Oct 9, 2014
Sold by
Kim Hyuntae and Kim Sohyang
Bought by
Sales Kyle and Sales Lindsay
Seller's Agent
Young Lim
Mountain Realty
Buyer's Agent
Kyle Sales
Silvercreek Realty Group
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$144,393
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
Kim Sohyang
Bought by
Kim Hyuntae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Richeson Benjamin J and Richeson Mikelle
Bought by
Kim Hyuntae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Richeson Mikelle
Bought by
Richeson Benjamin J and Richeson Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,550
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bonds Noah Patrick -- Title One Boise
Bonds Noah Patrick -- Title One Title
Sree Llc -- Accommodation
Sree Llc -- Accommodation
Sales Kyle -- Titleone
Kim Hyuntae -- Pioneer Title Canyon Ca
Kim Hyuntae -- Pioneer Title Canyon Ca
Richeson Benjamin J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonds Noah Patrick $345,000
Closed Bonds Noah Patrick $345,000
Closed Bonds Noah Patrick $345,000
Previous Owner Sales Kyle $144,393
Previous Owner Kim Hyuntae $93,750
Previous Owner Kim Hyuntae $93,750
Previous Owner Richeson Benjamin J $200,000
Previous Owner Richeson Benjamin J $25,000
Previous Owner Richeson Benjamin J $215,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold -- -- --
10/17/2020 10/17/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $439,900 +100.0% $139 / Sq Ft
10/10/2014 10/10/14 Sold -- -- --
09/07/2014 09/07/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $220,000 -- $69 / 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 $4,092 $590,600 $106,500 $484,100
2024 $4,092 $572,100 $101,400 $470,700
2023 $4,291 $569,600 $101,400 $468,200
2022 $4,145 $561,600 $111,600 $450,000
2021 $4,950 $420,200 $70,800 $349,400
2020 $4,208 $324,900 $48,900 $276,000
2019 $4,870 $303,500 $48,900 $254,600
2018 $4,649 $0 $0 $0
2017 $4,484 $0 $0 $0
2016 $4,154 $0 $0 $0
2015 $3,741 $0 $0 $0
2014 $3,306 $169,600 $21,000 $148,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98783966

Intermountain MLS

APN: 1269600000