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501 West Village Lane

501 West Village Lane, Boise, ID 83702
Sold Jan 22, 2020
$249,000
$199,200 by Idaho Central Cu
Mortgage Due Feb 01, 2050
Sold Oct 27, 2017
$170,000
$136,000 by Icon Cu
Mortgage Due Nov 01, 2032
501 West Village Lane is a condo located in Boise Heights, Boise. The building was first built in 1947 and is 77 years old. In total, 501 West Village Lane has a total floor area of 1,190 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 26 days Meaning, listings tend to sell at a median of $204 price per square foot. The transaction that took the longest to complete was listed on Dec 27, 2019 for $249,000. This particular unit ultimately sold 26 days later for $249,000. The most recent transaction which was first advertised on Dec 27, 2019, sold for $249,000 on Jan 22, 2020. Fun fact, the oldest transaction we have on record took place on Jan 22, 2020. See the full transaction history for 501 West Village Lane below.

Boise Heights, where 501 West Village Lane is located, has a median asking price of $424,900 for condo buildings. Meanwhile, the building itself has a median asking price of $249,000. For interested buyers, that means the building's median asking price is around 0.41% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 362
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,220
  • Total Building Area: 1,190
  • Gross Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SONOMA VALLEY CONDO
  • Land Acres: 0.028
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 501 BLDG 13 SONOMA VALLEY CONDO

Ownership

  • Current Owner : LOMBARDI REBECCA IRENE
  • Previous Owner : MIDDLETON JOSEPHINE P
  • Previous Owner 2: JOHNSON MARK L
  • Owner Before Previous Owner: JOHNSON MARK LLOYD
  • Owner Before Previous Owner 2: MIDDLETON JOSEPHINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Boise City Independent School District 1
  • Census Tract: 000201

Zoning

  • Zoning: R-1B

Geography

  • Parcel: R8039651280
  • Lot: 501
  • Meridian: SEC 02 TWN 03N RNG 02E
  • Latitude: 43.6325
  • Longitude: -116.189

    Address

  • Full Address: 501 W Village Ln
  • Legal Unit: 501
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Village
  • Address - Suffix Type: Ln
  • State: ID
  • City Name: Boise
  • Carrier Code: C029
  • 4-Digit Zip Code: 6232
  • Zip Code: 83702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,995
  • Tax Rate Code Area: 01-6

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 450,114
  • High Value: 553,116
  • Low Value: 347,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,200
  • First Open Lien Mortgage Lender: IDAHO CENTRAL CU
  • First Open Lien Mortgage Recording Date: Jan 22, 2020
  • First Open Lien Mortgage Loan Amount: $199,200
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $333,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11719299117
  • Current Sale Price: $249,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-008493
  • Previous Sale Recording Date: Oct 27, 2017
  • Previous Sale Contract Date: Oct 25, 2017
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: IDAHO CENTRAL CU
  • First Mortgage Transaction Date: Jan 22, 2020
  • First Mortgage Loan Amount: $199,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ICON CU
  • Previous Mortgage Transaction Date: Oct 27, 2017
  • Previous Mortgage Loan Amount: $136,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About Foothills



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Frequently Asked Questions

What neighborhood is 501 West Village Lane located in?
The 501 West Village Lane is a condo located in the neighborhood of Boise Heights in Foothills, Boise.
What is the average sales price for listings in 501 West Village Lane?
The average sales price for units in 501 West Village Lane is $249,000 , or $204/sqft. currently.

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