$499,000 Price Analysis   ♡   Rexburg, ID 83440 3 bed 2 bath 1,740 SqFt ($286/SqFt) 1.0 acre lot. Built 1970 Listed 2024-02-22, Taxes $3,091 | ✓ USDA Eligible near Rexburg, ID |
3 bed
* Sale Pending *2 bath house plus a 2400 sq ft shop for sale in Rexburg. Great property for someone looking to house hack by living in the house and renting out the shop or vise versa. Also would work for a good investment with good cashflow and extraordinary tenants in place. Net income in 2023 was $32, 812 making a 6.5% CAP rate. Convenient location about 1 mile from Madison High School and Burton Elementary School. This property has a attractive yard with a pleasing established trees, covered porch and privacy afforded by lilacs.
The yard is well maintained, has beautiful grass and landscaping with an automatic sprinkler system. The house has a vast layout with a large mud/laundry room, good sized kitchen and an open great room. A unique characteristic includes the 2 fireplaces, one in the great room and one in the main bedroom, that give the home a nice cozy feel. House also has new flooring and paint. The shop is 2400 sq ft with concrete floor, electricity, led lghting and large doors in the front and back of shop. There are 2 grain bins that would be great for storage or awesome man cave/she shed!This is located between the south Rexburg exit and Thornton exit with great access to Highway 20 yet is far enough out that its quiet and low traffic on the nearby roads.
Presented by Matthew Bitter at
Real Estate Two70.
Property MLS #2163424 from Snakeriver
Bedrooms On Main Level: 3
Full Bathrooms: 2
Full Bathrooms On Main Level: 2
Garage Door Opener(s)
Laminate Floors
New Floor Coverings-Full
New Paint-Full
Tile Floors
Range/Oven-Electric
Refrigerator
Water Heater-Electric
Laundry Facilities: Main Level
Fireplace Features: 2, Propane
Heating Features: Propane, Forced Air
Number of Fireplaces: 2
Livestock Permitted
RV Parking Area
Patio And Porch Features: Covered Patio, Covered Porch
Lot Size Acres: 1.0
Topography: Corner Lot, Flat, Rural
Lot Size Square Feet: 43560
Garage Spaces: 2
Garage Description: 2 Stalls, Attached, Shop
Calculated Total Monthly Association Fees: 0
High School: MADISON 321HS
Middle School: MADISON 321JH
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: Madison
Directions: 1 mile west of Motel 6 in Rexburg
Tax Year: 2023
Source Property Type: Residential
Exclusions: Seller and Tenant personal property
Inclusions: Oven/Range, Fridge
Property Location: Low Traffic, Near Golf Course, Near Park, Near Schools, Near Site Bus Stop, Near Stream/River, Near University/College
Flood Plain: U
Property Subtype: Single Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $306,318 | $3,091 |
$499,000
Snakeriver
Price Changed 2024-05-02
$525,000
Snakeriver
Price Changed 2024-04-09
$529,000
Snakeriver
Price Changed 2024-04-07
$537,000
Snakeriver
Price Changed 2024-03-20
$539,000
Snakeriver
Price Changed 2024-03-04
$549,000
Snakeriver
Listed 2024-02-22
$550,000
Snakeriver
Year Built: 1970
Above Grade Finished Area: 1740
Building Exterior Type: Brick
Foundation Details: Concrete Perimeter
Property Age: 54
Roof: Composition
Structure Type: Frame, Existing
House Style: 1 Story
Total Area Main: 1740
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.