NOT LISTED FOR SALE

Estimated Value: $499,263 - $542,000

4 Beds
2 Baths
1,728 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 29, 2022

Current estimated payment $3,129/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • City View
  • Open Space
  • Canfield Middle School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of July 2022

Investor Alert! Very lucrative duplex with fantastic cash flow and even more room for upward rents. Huge VRBO potential. FULLY REMODELED units with no expenses spared! Brand new flooring, fixtures, doors, trim, appliances, paint, and fencing. Roof was completely redone in 2020. New windows installed throughout in 2020. Duplex sits on on a big .25 acre lot with no CC&R's or HOA's. Each unit has attached garage space. Quiet setting with a rear meadow, big old growth trees, and massive backdrop views of Canfield Mountain. Neighboring sister duplex available too. Buy both and have a 4Plex! This impeccable property won't last long!!!

Last Listed By

Ryan Schuster

Kelly Right Real Estate License #SP42624 Listed on: 07/08/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1970 | Remodeled in 2022

Lot Details

  • 0.25 Acre Lot
  • Open Space
  • Southern Exposure
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • RV or Boat Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property

Additional Features

  • Rain Gutters
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number H2250000008A

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance
  • 2 Units

Building Details

  • Gross Income $34,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,026

Year Built

Built in 1970 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Hayden Ave to Melrose Steet. No sign.
  • Architectural Style: Sgl Level
  • Year Built: 1970
  • Road Paved: Yes
  • Special Features: None
  • Year Renovated: 2022

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Interior Amenities: Main Floor Utilities
  • Living Area: 1728.0
  • ResoLivingAreaSource: Assessor
  • Basement:None2: Yes
  • Interior Features:Main Floor Utilities2: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Southern Exposure
  • View: City, Territorial
  • View: Yes
  • Construction Type: Vinyl, Frame
  • Exterior Features: Fencing - Partial, Landscaping, Rain Gutters, RV Parking - Open
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Lot Features:Open: Yes
  • Lot Features:Southern Exposure: Yes
  • Exterior Features:Landscaping: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Fencing - Partial: Yes

Garage/Parking

  • General Property Description:Garage Stall2: 2 Car
  • Exterior Features:RV Parking - Open: Yes

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Utilities Paid By Garbage: Landlord

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Maintenance Grounds: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Junior High Dist: CDA - 271

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels Description: 109345
  • Parcel #: H2250000008A
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2025.7
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Borges Janessa and Borges Michael
Bought by
Rafter B Investments A & B Llc
Total Days on Market
6
Current Estimated Value
$526,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$195,701
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$333,210

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 28, 2022
Sold by
Andrew Youngs Timothy and Andrew Alexandr Jessica
Bought by
Rafter B Investments A & B Llc
Seller's Agent
Ryan Schuster
Kelly Right Real Estate
Buyer's Agent
Zack Jones
Z Jones and Associates
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.26%

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 21, 2021
Sold by
Weingart Donald K and Weingart Sandra L
Bought by
Youngs Timothy Andrew and Youngs Jessica Alexandra
Seller's Agent
Linda Wilhelm
Coldwell Banker Schneidmiller Realty
Buyer's Agent
Collin Kelley
EXP Realty
List Price
$450,000
Sold Price
$365,000
Premium/Discount to List
-$85,000
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.32%
Original Mortgage
$225,000
Interest Rate
2.96%
Mortgage Type
New Conventional

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
Rafter B Investments A & B Llc -- Alliance Title & Escrow
Borges Janessa -- Alliance Title
Rafter B Investments A & B Llc -- North Idaho Title
Youngs Timothy Andrew -- Pioneer Title Kootenai Cnty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borges Janessa $200,000
Previous Owner Youngs Timothy Andrew $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
07/15/2022 07/15/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $535,000 +18.9% $310 / Sq Ft
07/26/2021 07/26/21 Sold -- -- --
06/15/2021 06/15/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $450,000 -- $260 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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 $2,196 $446,880 $190,000 $256,880
2023 $2,196 $470,400 $190,000 $280,400
2022 $1,870 $403,070 $200,000 $203,070
2021 $2,025 $270,432 $120,000 $150,432
2020 $2,002 $235,181 $97,750 $137,431
2019 $1,981 $213,754 $85,000 $128,754
2018 $1,938 $185,933 $85,000 $100,933
2017 $2,014 $181,152 $55,000 $126,152
2016 $1,917 $164,736 $55,000 $109,736
2015 $1,796 $149,760 $50,000 $99,760
2013 $838 $129,600 $45,000 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 22-6702

Coeur d

APN: H2250000008A