NOT LISTED FOR SALE

978 Bannock Ave Idaho Falls, ID 83402

Estimated Value: $461,000 - $513,000

7 Beds
5 Baths
2,860 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 14, 2013

Current estimated payment $3,011/month

7 Days on Market

Highlights

  • River Nearby
  • Adjacent to Greenbelt
  • Baseboard Heating
  • Property is near a park
  • No HOA
  • Lap Siding

About This Home

As of June 2013

This is a great 4-plex rental property with great rental history. The basement was recently renovated and is brand new and all other units are in average to good condition. The gross monthly rents are $1725. The owner currently pays the following: $50/month for gas to gas water heaters, $54/mo for insurance, and $189/mo for property taxes. With the good rents and few expenses, the CAP rate for this property figures out to be approximately 10%.

Last Agent to Sell the Property

Luke Stallings

Century 21 High Desert Listed on: 04/30/2013

Last Buyer's Agent

Luke Stallings

Century 21 High Desert Listed on: 04/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Adjacent to Greenbelt

Home Design

  • Quadruplex
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • River Nearby

Location

  • Property is near a park
  • Property is near schools

Schools

  • Bush 91El Elementary School
  • Eagle Rock 91Jh Middle School
  • Skyline 91HS High School

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Highland Park Bon Subdivision

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Total Actual Rent $17,184
  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • The owner pays for insurance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,311

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Finished, Full, Walk-Out Access
  • Inclusions: 4 Refrigerators, 4 Oven/Ranges
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.22
  • Subdivision Name: Highland Park-Bon
  • Directions: Anderson & Holmes. West on Anderson to left on Bannock.
  • Above Grade Finished Sq Ft: 2000
  • New Construction: No
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: Newly Renovated
  • Appliances: Refrigerator, Oven, Stove, Microwave
  • Owner Pays: Insurance, Other
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 860
  • Living Area: 2860

Exterior Features

  • Exclusions: Tenants Personal Property
  • Roof: Composition
  • Lot Features: Near Green Belt, Near Park, Near Schools, Near Stream/River, Near University/College, Established Lawn
  • View: No
  • Construction Type: Lap Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Electric: Separate Power Meters, Idaho Falls Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Eagle Rock 91JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • Zoning Description: General Zoning: Res-Multi-Family,Specific Zoning: Idaho Falls-R1-Single Dwel Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2311

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 17184
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Bush 91EL
  • HighSchool: Skyline 91HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Hott Christopher and Hott Alexis
Bought by
Mills Bradley Jacob
Current Estimated Value
$500,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$222,928
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$167,982

Purchase Details

Closed on
Feb 26, 2021
Sold by
Mills Hannah and Mills Bradley Jacob
Bought by
Mills Bradley Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$222,928
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$167,982

Purchase Details

Closed on
Jul 1, 2016
Sold by
Hott Alexis M and Hott Christopher
Bought by
Hott Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 18, 2013
Sold by
Hott Alexis and Hott Christopher
Bought by
Hott Christopher
Seller's Agent
Luke Stallings
Century 21 High Desert
Buyer's Agent
Luke Stallings
Century 21 High Desert
List Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 14, 2013
Sold by
Hott Chritopher
Bought by
Aces And Elbows Llc
Seller's Agent
Luke Stallings
Century 21 High Desert
Buyer's Agent
Luke Stallings
Century 21 High Desert
List Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 12, 2013
Sold by
Hughes Katie G
Bought by
Hott Christopher
Seller's Agent
Luke Stallings
Century 21 High Desert
Buyer's Agent
Luke Stallings
Century 21 High Desert
List Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Campbell Lenora E
Bought by
Hughes Katie G

Purchase Details

Closed on
Jan 15, 2007
Sold by
Guthrie Scott and Guthrie John Scott
Bought by
Hughes Katie G and Campbell Lenora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Guthrie Joni
Bought by
Guthrie Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Hale Lanae and Hale Justin
Bought by
Guthrie Joni and Guthrie John Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,850
Interest Rate
5.67%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mills Bradley Jacob -- Amerititle Idaho Falls
Mills Bradley Jacob -- Amerititle Idaho Falls
Hott Christopher -- First American Title Idaho F
Hott Christopher -- Alliance Title
Aces And Elbows Llc -- None Available
Hott Christopher -- Alliance Title
Hughes Katie G -- --
Hughes Katie G -- None Available
Guthrie Scott -- None Available
Guthrie Joni -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Bradley Jacob $243,750
Previous Owner Hott Christopher $140,000
Previous Owner Hott Christopher $90,000
Previous Owner Hughes Katie G $103,600
Previous Owner Guthrie Joni $31,850
Previous Owner Guthrie Joni $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold -- -- --
05/07/2013 05/07/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $145,000 -- $51 / 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 $3,241 $350,256 $53,203 $297,053
2023 $2,857 $275,053 $53,203 $221,850
2022 $3,457 $277,972 $36,352 $241,620
2021 $3,265 $203,122 $36,352 $166,770
2019 $2,927 $171,559 $30,299 $141,260
2018 $2,535 $156,951 $27,521 $129,430
2017 $2,357 $125,913 $20,033 $105,880
2016 $2,268 $117,573 $18,223 $99,350
2015 $2,230 $110,323 $18,223 $92,100
2014 $61,790 $110,323 $18,223 $92,100
2013 $2,278 $116,642 $18,222 $98,420
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Luke Stallings

    Century 21 High Desert

See All Agents

Map

Source: Snake River Regional MLS

MLS Number: 185877

Snake River Regional MLS

APN: RPA1040079028A

Idaho Bonneville County Idaho Falls 83402

978 Bannock Ave, Idaho Falls, ID

This home is located at 978 Bannock Ave, Idaho Falls, ID 83402 since 30 April 2013 and is currently estimated at $479,000, approximately $167 per square foot. This property was built in 1948. 978 Bannock Ave is a home located in Bonneville County with nearby schools including A.H. Bush Elementary School, Eagle Rock Middle School, and Skyline Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

Nearby Homes