NOT LISTED FOR SALE

926 Preston Ave Lewiston, ID 83501

Estimated Value: $524,000 - $650,475

8 Beds
4 Baths
3,120 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 15, 2024

Current estimated payment $3,398/month

9 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Washer and Dryer

About This Home

As of April 2024

Introducing a fantastic income property opportunity in the desirable Lewiston Orchards area, just off Preston Ave. This 4-plex is the perfect investment for both long-term and short-term. The 2 short term rentals are sold with all the furnishings. All units are 2 bedrooms, 1 bath, 780 sq. ft. Located near shopping, restaurants, the Lewiston High school and a winery. Units include stove/oven, refrigerator, washer/dryer, and microwave. Updates have been done with luxury vinyl flooring, tiling in bathroom and kitchens as well. Outside, you'll find a well-maintained yard with storage units for each. The property offers 2 parking spaces per unit. Don't miss out this incredible opportunity to own a lucrative income property in a prime location. Available upon request the short term/Air B&B income summary.

Last Agent to Sell the Property

Patrice Tatham

Century 21 Price Right Listed on: 02/16/2024

Century 21 Price Right

Last Buyer's Agent

Teresa Kamerrer

Assist 2 Sell Discovery Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,741

Year Built

  • Built in 1940

Lot Details

  • Vinyl Fence
  • Aluminum or Metal Fence

Parking

  • 9 Parking Spaces

Home Design

  • 3,120 Sq Ft Home
  • Quadruplex
  • Metal Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Orchards Elementary School
  • Sacajawea Middle School
  • Lewiston High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Stove
  • Washer and Dryer

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $5,000
  • Assessor Parcel Number RPL00040020090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,741

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Baseboard
  • Appliances: Disposal (Some Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
  • Total Bedrooms: 8
  • Living Area: 3120

Exterior Features

  • Roof: Metal
  • Fencing: Metal, Vinyl
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 9

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected

Schools

  • Elementary School: Orchards
  • Junior High Dist: Lewiston Independent School District #1
  • High School: Lewiston
  • Middle Or Junior School: Sacajawea

Lot Info

  • Lot Features: 10000SF - .49
  • Parcel Number: RPL00040020090
  • Current Use: 2-4 Units
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5740.68

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5000
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Bonnalie Eugene B and Bonnalie Holly C
Bought by
Flerchinger Richard and Flerchinger Michelle
Current Estimated Value
$561,119

Purchase Details

Closed on
Sep 15, 2021
Sold by
Bonnalie Eugene B and Bonnalie Holly C
Bought by
Bonnalie Eugene B and Bonnalie Holly C

Purchase Details

Closed on
Mar 25, 2020
Sold by
Bonnalie James L and Bonnalie Joanne M
Bought by
Bonnalie Eugene B and Bonnalie Holly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Chapman Marvin W and Chapman Janice
Bought by
Bonnalie James L and Chapman Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2007
Sold by
Diamond S Llc
Bought by
Chapman Marvin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,848
Interest Rate
6.21%
Mortgage Type
FHA
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
Flerchinger Richard -- New Title Company Name
Bonnalie Eugene B -- None Listed On Document
Bonnalie Eugene B -- Land Ttl Of Nez Perce Count
Bonnalie James L $236,000 None Available
Chapman Marvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonnalie Eugene B $204,400
Previous Owner Bonnalie James L $177,000
Previous Owner Chapman Marvin W $200,848
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold -- -- --
02/25/2024 02/25/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $650,000 -- $208 / 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 $5,079 $522,403 $59,750 $462,653
2024 $50 $387,645 $58,750 $328,895
2023 $5,741 $374,073 $57,000 $317,073
2022 $6,115 $363,618 $49,500 $314,118
2021 $7,518 $381,702 $42,500 $339,202
2020 $5,411 $273,846 $35,250 $238,596
2019 $5,242 $241,908 $35,250 $206,658
2018 $4,444 $203,372 $30,250 $173,122
2017 $3,413 $0 $0 $0
2016 $3,413 $0 $0 $0
2015 $3,279 $0 $0 $0
2014 $3,241 $163,872 $27,500 $136,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Intermountain MLS

MLS Number: 98900690

Intermountain MLS

APN: RPL00040020090