Check Availability
$624,900
↓ $10K (1.6%)
House - For Sale

508 E REID AVE

Coeur d'Alene, ID 83814
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1440 Sqft
$3,340
Estimated Monthly
2.26%
Cap Rate

About This Property

This Charming craftsman-styled, Garden District.  It has a 90% Walkability score...This means it is conveniently close to great restaurants, shopping, banks, grocery stores, and other businesses.It has a great potential for a successful Vacation Rental.  No city restrictions against doing so. Currently checked with city, but reverify.  Also, this location can have an additional ADU residence,  Turn the large back yard into a fun area with barbecue, covered pergola, garden beds, storage, and additional seating areas.  There is an additional unfinished basement which is about 400 square feet.    Finished, it could be a workshop area. This square footage not included in total square footage calculations. The split stairway leads to each bedroom on the 2nd level.  This allows private entrances to the open bedrooms.  Closed off with sliding barn doors.  Thank you.

The manager has listed the unit size as 1440 square feet.
Unit Size
1,440Ft²
Days on Market
121 days
Land Size
0.14 acres
Price per sqft
$434
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1904

Listed By

Carla Bonney
Carla Bonney
Professional Realty Services
Last updated: 4 days ago (CDAARID #1219)

Price History

Date / Event Date Event Price
May 11, 2024 Price Decreased $624,900
↓ $10K (1.6%)
Price Decreased
Apr 23, 2024 Price Decreased $635,000
↓ $15K (2.2%)
Price Decreased
Mar 19, 2024 Relisted $649,500
Relisted
Mar 14, 2024 In contract -
In contract
Feb 18, 2024 Listed by Professional Realty Services Idaho $649,500
Listed by Professional Realty Services Idaho
Show More

Property Highlights

Fireplace
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 2021
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: REIDS ADD
  • Land Acres: 0.138
  • Legal Description 1: REIDS ADD TO CDA, W 20 FT-LT 10, E 30 FT-LT 11 BLOCK 13 1350N04W

Ownership

  • Current Owner : PETERON MATTHEW K
  • Current Owner 2: PETERON EMILY L
  • Previous Owner : RAE RONALD
  • Owner Before Previous Owner: RAGLE BRUCE A
  • Owner Before Previous Owner 2: RAGLE HEATHER N

Neighborhood

  • School District Name: Coeur d'Alene School District 271
  • Census Tract: 001400

Geography

  • Account Number: 133969
  • Parcel: C7560013011A
  • Block: 13
  • Lot: 10-11
  • Meridian: SEC 13 TWN 50N RNG 04W
  • Municipality: 202-CITY CDA
  • Latitude: 47.6792
  • Longitude: -116.779

    Address

  • Full Address: 508 E Reid Ave
  • Address - House Number: 508
  • Street Direction: E
  • Address - Street Name: Reid
  • Address - Suffix Type: Ave
  • State: ID
  • City Name: Coeur D Alene
  • Carrier Code: C006
  • 4-Digit Zip Code: 3054
  • Zip Code: 83814

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,257

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 587,811
  • High Value: 727,531
  • Low Value: 448,090

    Market Valuation

  • Market Total Value: $585,091
  • Market Land Value: $355,000
  • Market Improvement Value: $230,091

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,091
  • Assessed Land Value: $355,000
  • Assessed Improvements Value: $230,091

    Sales

  • Current Sale Contract Date: May 22, 2013
  • Current Sale Recording Date: May 24, 2013
  • Current Sale Transaction ID: 11465533930
  • Current Sale Price: $127,900
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2411710000
  • Previous Sale Recording Date: May 26, 2011
  • Previous Sale Contract Date: May 24, 2011
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST BANK
  • First Mortgage Transaction Date: May 24, 2013
  • First Mortgage Loan Amount: $102,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 01, 2043

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,616 ft²
$384/ft²
$620,000 Mar 13, 2024
-
$254/mo
Condo
2 Beds
2 Baths
1,336 ft²
$543/ft²
$725,000 Mar 15, 2024
-
$490/mo
Condo
1 Bed
1 Bath
857 ft²
$839/ft²
$719,000 Mar 15, 2024
-
$802/mo
Condo
1 Bed
1 Bath
793 ft²
$958/ft²
$760,000 Jan 1, 2024
-
-
House
5 Beds
2 Baths
2,395 ft²
$250/ft²
$599,000 Oct 29, 2023
-
$239/mo
Other
Loft
1 Bath
1,768 ft²
$339/ft²
$599,000 Feb 2, 2024
-
$130/mo
House
4 Beds
2 Baths
2,728 ft²
$211/ft²
$575,000 Jan 5, 2024
-
$252/mo
Commercial
Loft
-
2,310 ft²
$325/ft²
$750,000 Feb 14, 2024
-
$157/mo

About Coeur d'Alene


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Frequently Asked Questions

When was property at 508 East Reid Avenue built and last sold?
The property at 508 East Reid Avenue was built in 1904 and last sold on May 22, 2013 for $127,900.
How much is this home worth?
The estimated value of the home located at 508 East Reid Avenue is $655,356.
What are some comparable homes to 508 East Reid Avenue?
Homes that are comparable to 508 East Reid Avenue include a house property at 519 East Garden Avenue, a condo property at 915 East Sherman Avenue, 201 North 1st Street.

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