795 South 5th West

Rexburg, ID 83440

$950,000
Price
87,120 / 2
Lot Size / Acres

Description

Fantastic development opportunity! This 2 acre parcel is zoned Medium Density Residential 2, allowing 20 units per acre for a total of 40 units. This property is a rare find with such close proximity to BYUI and zoning that allows townhomes. The property is bordered by Hyde Park apartments to the North, BYU Idaho-owned land to the East, and the old “Steiner” property, owned by the city, to the South. The city has already designated the “Steiner” property, a 3 + acre parcel, to be a public park, with...Fantastic development opportunity! This 2 acre parcel is zoned Medium Density Residential 2, allowing 20 units per acre for a total of 40 units. This property is a rare find with such close proximity to BYUI and zoning that allows townhomes. The property is bordered by Hyde Park apartments to the North, BYU Idaho-owned land to the East, and the old “Steiner” property, owned by the city, to the South. The city has already designated the “Steiner” property, a 3 + acre parcel, to be a public park, with green space and playgrounds. MDR2 zoning allows each unit to be platted and sold individually.
  1. Listed by Tanner Kuhn • HomeSmart Premier Realty
    P: 208-690-1289 C: 208-690-1289 tannerkuhnproperties@gmail.com

Property Details for 795 South 5th West

Style
Residential
Subdivision
Hyde Park-Mad
View YN
No
Zoning
General Zoning: Rx Medium Density,Specific Zoning: Rexburg-Medium Density Resid 1

Location

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LISTING UPDATED: 04/02/2024 03:58 PM

Property Details for 795 South 5th West

StatusActive
MLS #2163410
Days on Market73
Taxes$3,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land Developed
Year Built-
Lot Size2.00 AC
CountyMadison County

Location

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Building Information for 795 South 5th West

Lot Size2.00 AC

Payment Calculator

$5,435 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 795 South 5th West

Summary
Location and General Information
  • County: Madison
Taxes and HOA
  • Taxes: $3,003.00
  • Tax Year: 2023
  • HOA YN: No
School Information
  • Elementary School: Lincoln 321EL
  • High School: Madison 321HS
  • Middle School: Madison 321JH
Property
Lot Information
  • Aproximate Acreage: 2.0
  • Lot Size Area: 2
  • Lot Size Square Feet: 87120
  • Lot Size Units: Acres
Farm Information
  • Irrigation: None
  • Irrigation Details: NA
  • Irrigation Water: No
Property and Assessments
  • Distressed Property: Standard
  • Possible Use: Multi-Family
  • Flood Plain: U
  • Winter Access: Yes
Utilities
  • Electric On Property YN: Yes
  • Sewer: Other
  • Water: Other
Rental
Rental Information
  • Short Term Rental YN: No

Property History for 795 South 5th West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 795 South 5th West

Taxable ValueLand$91,500Additions$188,978Total$280,478
Tax Record2023$3,005 ($250 / month)
Home Facts
Beds3Lot Size196,020 SqFtStyleSingle Family ResidenceCountyMADISONAPNRPR6N40E313324

Schools near 795 South 5th West

This home is within Madison District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 9
Public - 10 to 12
Public - 4 to 6
Rating
School
Distance
South Fork Elementary School
PublicK to 4

Madison Junior High School
Public7 to 9

Madison Senior High School
Public10 to 12

Madison Middle School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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795 South 5th West is a 2 ac of land for sale in Rexburg, ID 83440. This property was listed for sale on February 22, 2024 by HomeSmart Premier Realty, it's currently listed at $950,000. This listing's school district is Madison District. Nearby schools include South Fork Elementary School, Madison Junior High School and Madison Senior High School. 795 South 5th West is a 0-bed, 0-bath, 2 ac of land on a 87,120 sq. ft. / 2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Premier Realty

Based on information from one of the following Multiple Listing Services: Teton Board Of Realtors, Snake River Regional MLS, Sheridan County Board of REALTORS and Wyoming MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Teton Board Of Realtors, Snake River Regional MLS, Sheridan County Board of REALTORS and Wyoming MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.