NOT LISTED FOR SALE

85 N 1st St Driggs, ID 83422

Estimated Value: $531,870 - $673,000

3 Beds
2 Baths
1,584 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 24, 2020

Current estimated payment $3,484/month

4 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Electric Baseboard Heater
  • Wood Flooring
  • Outdoor Storage
  • High Speed Internet

About This Home

As of January 2020

Located 1 block East of Main St. in Driggs, this Colonial style home is not only charming inside and out, but it's a real ''Power House'' when it comes to making profits. The basement apartment is a very popular, year round vacation rental on Air BnB, with an average of 220 nights booked in 2018 & 2019. The main and upper level of the home is also rented on Air BnB through the Summer months and then long term from October-April. Average, annual gross income for this property is $36,000. The original 1 story home was built circa 1920. In 2005 a local and very artistic builder lifted the home from it's foundation, installed a full, finished basement. The home was then returned to it's original location and a 2nd story master bedroom and new roof added. Zoned Mixed Use (Residential/Comm)

Last Agent to Sell the Property

Sam Lea

Teton Valley Realty License #SP20301 Listed on: 12/09/2019

Last Buyer's Agent

Karin Wertheim

Teton Valley Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Year Round Access
  • Fenced
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Storage Shed

Utilities

  • No Cooling
  • Heating System Powered By Leased Propane
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Propane
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Tax Lot Ptn. Lot 4, Blk. 24
  • Assessor Parcel Number RPA0014024004B

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,034

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: 1 Block East of Main St. in Driggs on the SE corner of 1st and Wallace.
  • Above Grade Finished Sq Ft: 336.0
  • Living Area: 1584.0
  • Year Built: 1920
  • Property Info:Horses Allowed: No
  • Property Features:Flat: Yes
  • Property Features:Year Round Access: Yes
  • View:Mountain View: Yes
  • Property Info:House Style: 2 Story
  • Property Info:Overall Livable SqFt: 1584.0
  • Property Info:_pound_ Horses Allowed: 0
  • Ground Flr Mstr Bdrm:Ground Flr Mst Bdrm: No
  • Property Features:Fenced: Yes
  • Roof:Metal: Yes
  • Heat:Electric Baseboard: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Driveway:Gravel: Yes
  • Sale Status:Potential Short Sale: No
  • Property Features:Electric to Property: Yes
  • Fuel Type:Propane: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • Air Conditioning:None2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior:Cedar: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Other Equipment: Leased
  • Has Basement: Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 624.0
  • Flooring: Hardwood, Oak
  • Interior Amenities: High Speed Internet
  • Appliances Dishwasher: Yes
  • Appliances:Range3: Yes
  • Fireplace:Propane _pound_: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Year Round Access, ST Rentals Allowed, Level, No CC&R's, Not in Subdivision
  • View: Mountain(s)
  • Exclusions: Seller/Tenants furnishings and other personal property.
  • Construction Type: Cedar, Stick Built On Site
  • Other Structures: Storage
  • Roof: Metal
  • Construction:Stick Built On Site: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Property Info:Main House Garage Type: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric Baseboard, Other
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Leased
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Association/Amenities

  • Amenities:Fenced2: Yes
  • Amenities:Gas Heating Stove: Yes
  • Amenities:Hi-Speed Internet: Yes
  • Amenities:Storage Shed: Yes
  • Amenities:Hardwood Floors: Yes

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: RPA0014024004B
  • Zoning Description: Mixed Use
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2033.76
  • Tax Lot: Ptn. Lot 4, Blk. 24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 13, 2020
Sold by
Petersen Brett Wright and Petersen Chelsea Kathleen
Bought by
Mcginty Emily L
Seller's Agent
Sam Lea
Teton Valley Realty
Buyer's Agent
Karin Wertheim
Teton Valley Realty
List Price
$349,000
Sold Price
$356,500
Premium/Discount to List
$7,500
2.15%
Total Days on Market
4
Current Estimated Value
$602,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,935
Avg. Annual Appreciation
9.74%
Original Mortgage
$320,850
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2015
Closed on
May 22, 2015
Sold by
Gellner Jeff and Weyen Gellner Paula
Bought by
Petersen Brett Wright and Petersen Chelsea Kathleen
Seller's Agent
Eric Spitzer
Spitzer Realty, LLC
Buyer's Agent
Sam Lea
Teton Valley Realty
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$206,196
Interest Rate
3.62%
Mortgage Type
FHA
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
Mcginty Emily L -- First American Title Driggs
Petersen Brett Wright $28,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginty Emily L $100,000
Open Mcginty Emily L $320,500
Closed Mcginty Emily L $320,850
Previous Owner Petersen Brett Wright $206,196
Previous Owner Gellner Jeff $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold -- -- --
12/14/2019 12/14/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $349,000 +62.3% $220 / Sq Ft
06/03/2015 06/03/15 Sold -- -- --
05/04/2015 05/04/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $215,000 -- $139 / Sq Ft
Source: Teton Board of REALTORS®

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 $1,415 $478,772 $57,510 $421,262
2023 $1,415 $477,962 $56,700 $421,262
2022 $1,553 $411,021 $44,550 $366,471
2021 $1,421 $285,153 $32,400 $252,753
2020 $1,384 $227,473 $22,275 $205,198
2019 $2,034 $195,866 $22,281 $173,585
2018 $1,999 $178,100 $20,255 $157,845
2017 $953 $176,480 $18,635 $157,845
2016 $921 $155,686 $16,204 $139,482
2015 $1,485 $117,787 $10,897 $106,890
2011 -- $106,340 $10,330 $96,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Teton Board of REALTORS®

MLS Number: 19-3122

APN: RPA0014024004B