NOT LISTED FOR SALE

Estimated Value: $819,391

24 Beds
19.5 Baths
4,890 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 07, 2020

Current estimated payment $5,394/month

59 Days on Market

Highlights

  • No HOA
  • Garden
  • Heating Available
  • Handicap Accessible
  • Level Lot

About This Home

As of July 2020

This older but remodeled property has 19 units. 12 studios that vary in rents from $475-550. There is a 3 bedroom 1.5 bath home with a shop on the property that rents for 700. There are 3- two bedroom and one baths that rent from $700-775. Last we have 3- one bedroom and 1 bath units that rent $$550-600. The property has had major remodeling done in the last 4 years. This includes a new metal roof, new paint, commercial water heaters, doors and trim, The property has a community park with fruit trees and table and benches. The property still has two unfinished apartments that should be completed before closing. The property is zoned for nightly rentals if the new owner desired. The large home could be used for the new buyer or manager. The property has a shop that could be turned into a laundromat. There is no laundromat on that side of town so you may be able to include the public in that. Great cash flow!! Call for your appointment today.

Last Agent to Sell the Property

Sondra Ward

Keller Williams Realty East Idaho License #AB28538 Listed on: 04/10/2020

Keller Williams Realty East Idaho

Last Buyer's Agent

Sondra Ward

Keller Williams Realty East Idaho License #AB28538 Listed on: 04/10/2020

Keller Williams Realty East Idaho

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • 4,890 Sq Ft Home
  • Metal Roof
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 24 Bedrooms

Accessible Home Design

  • Handicap Accessible

Schools

  • Stalker 55El Elementary School
  • Mountain View Middle Scool
  • Blackfoot 55HS High School

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • 19 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property.
  • Tenant pays for cable TV
  • The owner pays for electricity, common area maintenance, sewer, gas, snow removal, insurance, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Has Basement: None
  • Inclusions: Every Unit Has A Stove/Oven And A Refrigerator. Some Units Have Microwaves. The Landlord Pays For Gas, Electricity, Water And Sewer.
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 1.03
  • Subdivision Name: None
  • Directions: 1375 Broadway is south of town on Yellowstone Hiway. Broadway is Yellowstone in Blackfoot.
  • Above Grade Finished Sq Ft: 4890
  • New Construction: No
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Appliances: Common Water Heaters, Refrigerator, Oven, Stove
  • Owner Pays: Electricity, Common Area Maintenance, Sewer, Gas, Snow Removal, Insurance, Trash Collection, Water
  • Accessibility Features: Handicap Access
  • Full Bathrooms: 19
  • Half Bathrooms: 1
  • Total Bedrooms: 24
  • Entry Location: All Units on Same Level
  • Living Area: 4890

Exterior Features

  • Exclusions: Tenants Personal Property.
  • Roof: Metal
  • View: None
  • Lot Features: Garden, Established Lawn, Level
  • View: No
  • Construction Type: Block
  • Foundation Details: Concrete Perimeter
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 28

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Electric: Common Power Meters, Rocky Mountain Power
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Middle Or Junior School: Mountain View Middle Scool

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 44866.8
  • Zoning Description: General Zoning: Blackfoot Serv Com,Specific Zoning: Blackfoot-C3-Service Commercia
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4973

Multi Family

  • Number Of Units Total: 19
  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Stalker 55EL
  • HighSchool: Blackfoot 55HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Mcnulty Heidi
Bought by
1375 Broadway Llc
Current Estimated Value
$819,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$724,099
Interest Rate
3.09%
Mortgage Type
Unknown
Estimated Equity
$95,292

Purchase Details

Closed on
Sep 9, 2021
Sold by
Mcnulty Richard
Bought by
Mcnulty Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2021
Sold by
Blackfoot Holdings Llc
Bought by
Mcnulty Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 30, 2020
Sold by
Y Properties Llc
Bought by
Blackfoot Holdings Llc
Seller's Agent
Sondra Ward
Keller Williams Realty East Idaho
Buyer's Agent
Sondra Ward
Keller Williams Realty East Idaho
List Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$431,250
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
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
1375 Broadway Llc -- Pioneer Title Bingham County
Mcnulty Heidi -- Titleone Boise
Mcnulty Heidi -- Title One Title
Blackfoot Holdings Llc -- Alliance Title Idaho Falls O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1375 Broadway Llc $787,500
Previous Owner Mcnulty Heidi $965,000
Previous Owner Mcnulty Heidi $965,000
Previous Owner Blackfoot Holdings Llc $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2020 07/07/20 Sold -- -- --
06/08/2020 06/08/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $599,000 -- $122 / 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
2025 $12,542 $1,041,640 $201,900 $839,740
2024 $23,863 $1,041,640 $201,900 $839,740
2023 $13,673 $1,041,640 $201,900 $839,740
2022 $22,804 $995,410 $201,900 $793,510
2021 $4,729 $214,880 $51,690 $163,190
2020 $4,662 $214,880 $0 $0
2019 $4,973 $214,880 $0 $0
2018 $5,260 $214,880 $51,690 $163,190
2017 $4,964 $214,880 $51,690 $163,190
2016 $4,454 $196,030 $0 $0
2015 $4,131 $196,030 $0 $0
2014 $4,131 $196,030 $51,690 $144,340
Source: Public Records

Agents Affiliated with this Home

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Source: Snake River Regional MLS

MLS Number: 2128456

Snake River Regional MLS

APN: RP1301902