The Pond Street Apartments have been lovingly updated over the past 5 years (all units). The updates also included new TPO roofs on each building, new asphalt parking lot, and some updated zero-scape in areas of the property as well as new fencing, and much more. Interior updates included paint, flooring, some HVAC updates, and remodeled kitchens and bathrooms. Many units are renting at $1,600+ per month and many that were leased near the beginning of the renovations are rented for less than $1,200 giving a buyer the opportunity to quickly raise rents on those that are under market as leases renew without requiring much additional investment from the buyer. Buyer may implement a RUBS charge to further increase income and recoup utility cost for water, sewer, and trash.
Property Details
Property Features
Property Information:
Year Built: 1974
Living Area: 14,592 SqFt
Listing Office:
Office Name: KW Commercial
Office Phone: (208) 475-1313
Listing Agent: Gregory Davis
Lot Features
Lot Information:
Lot: Sidewalk
Lot Size: 1.06 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Borah Senior High School, Public District Grades 9-12
Hillcrest Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: I-84 to Orchard. N on Orchard, E on Targee to Pond, S on Pond to address.
Price Information
Listing Price Info
Price Summary:
List Price: $3,125,000
Price Per SqFt: $214/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Boise, ID.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.6K
Per Month
Principal & Interest
$15.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,435
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Hillcrest Elementary School
2045 S Pond St
Distance between this listing and this school0.15 miles
Public District Grades PK-6
High School
3
/10
Borah Senior High School
6001 Cassia St
Distance between this listing and this school1.35 miles
Public District Grades 9-12
Assigned Schools
2
/10
Hillcrest Elementary School
2045 S Pond St
Distance between this listing and this school0.15 miles
Public District Grades PK-6
Nearby Schools
1
/10
Whitney Elementary School
1609 S Owyhee St
Distance between this listing and this school0.93 miles
Public District Grades PK-6
3
/10
Owyhee Elementary School
3434 Pasadena Dr
Distance between this listing and this school0.95 miles
Public District Grades PK-6
Nearby Schools
4
/10
West Junior High School
8371 W Salt Creek Dr
Distance between this listing and this school2.32 miles
Public District Grades 7-9
3
/10
Fairmont Junior High School
2121 N Cole Rd
Distance between this listing and this school3.43 miles
Public District Grades 7-9
8
/10
North Junior High School
1105 N 13th St
Distance between this listing and this school3.56 miles
Public District Grades 7-9
Assigned Schools
3
/10
Borah Senior High School
6001 Cassia St
Distance between this listing and this school1.35 miles
Public District Grades 9-12
Nearby Schools
5
/10
Inspire Virtual Charter School
600 N Steelhead Way
Distance between this listing and this school3.09 miles
Public Charter Grades PK-12
7
/10
Sage International School of Boise
457 E Parkcenter Blvd
Distance between this listing and this school3.20 miles
The neighbors living near this home have an average income of $51,786. The majority of Boise, ID residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2251 Pond St
What is the listing price of this property?
The listing price of 2251 Pond St property is $3,125,000.
What type of property is this?
The property 2251 Pond St is a condo located in Boise, Idaho, 83705.
Is this property for sale now?
Sale Pending: 2251 Pond St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 2251 Pond St are: Hillcrest Elementary School: GreatSchools Rating 2/10Borah Senior High School: GreatSchools Rating 3/10
What is the square footage of this property?
The property 2251 Pond St is 14,592 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2251 Pond St is 1974.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2251 Pond St in Boise, ID and zip code 83705 in the Hillcrest neighborhood. This 14,592 square foot home, which was built in 1974, sits on a 1.06 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $3,125,000.
In March 2024 in Boise, ID there were 0.6% more homes for sale than in February 2024. In March 2024, listings were on the market for 1,352 days. During the same period, the median list price in this real estate market was $399,900.
From Rocket Homes Real Estate and based on county public records data.