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1937 East Wilson Lane

1937 East Wilson Lane, Meridian, ID 83642
Multifamily in Northeast Meridian
Sold Jun 04, 2019
$500,000
$400,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2049
Sold Mar 06, 2013
Transfer
Local assessors in Meridian, ID have categorized 1937 East Wilson Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 4,966 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1937 East Wilson Lane has a total of 3,492 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1937 East Wilson Lane sold most recently in Jun 3, 2019 for a total of $500,000. If you work out the math, that's approximately a cost of $143.18 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,635 in taxes each year. 1937 East Wilson Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $862,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Bi-level
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Total Building Area: 3,492
  • Gross Building Area: 3,637
  • Building Area: 3,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PADDINGTON SUB
  • Land Acres: 0.114
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LOT 13 BLK 01 PADDINGTON SUB

Ownership

  • Current Owner : ROBERTS LAYNE
  • Previous Owner : W L PROPERTIES LLC
  • Owner Before Previous Owner: SCHROEDER SARAH
  • Owner Before Previous Owner 2: HAWKES SARAH

Neighborhood

  • School District Name: Meridian Joint School District 2
  • Census Tract: 010369

Zoning

  • Zoning: R-40

Geography

  • Parcel: R6877350130
  • Block: 01
  • Lot: 13
  • Meridian: SEC 08 TWN 03N RNG 01E
  • Latitude: 43.6166
  • Longitude: -116.37

    Address

  • Full Address: 1937 E Wilson Ln
  • Address - House Number: 1937
  • Street Direction: E
  • Address - Street Name: Wilson
  • Address - Suffix Type: Ln
  • State: ID
  • City Name: Meridian
  • Carrier Code: R010
  • 4-Digit Zip Code: 2271
  • Zip Code: 83642

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,635
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 891,798
  • High Value: 1,060,883
  • Low Value: 722,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 04, 2019
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $862,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,300

    Sales

  • Current Sale Contract Date: Jun 03, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11612174078
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-047408
  • Previous Sale Recording Date: Mar 06, 2013
  • Previous Sale Contract Date: Mar 01, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Northeast Meridian




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Nearby Rentals

Unit for rent at 2032 E Wilson Ln, Meridian, ID, 83642

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,567 ft²
2032 E Wilson Ln, Meridian, ID, 83642 Listing by Mike Louie
Unit for rent at 2040 E Wilson Ln, Meridian, ID, 83642

$2,100 /mo

  • 2 Beds
  • 3 Baths
  • 1,620 ft²
2040 E Wilson Ln, Meridian, ID, 83642 Listing by Mike Louie

Frequently Asked Questions

What neighborhood is 1937 East Wilson Lane located in?
The 1937 East Wilson Lane is a multifamily located in the neighborhood of Northeast Meridian in Northeast Meridian, Meridian.
What is the average sales price for listings in 1937 East Wilson Lane?
The average sales price for units in 1937 East Wilson Lane is $0 currently.

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