3231 E BUDDY CT, Harrison, ID 83833
$1,850,000
Property Type:
Residential
Bedrooms:
2
Baths:
2.5
Square Footage:
1,750
Lot Size (sq. ft.):
24,829
Status:
Closed
Current Price:
$1,850,000
List Date:
10/11/2021
Last Modified:
5/10/2022
Description
Excellent income producing waterfront opportunity with strong weekly rental history. Newly installed $85,000 septic system will handle high volume occupancy. Recent price increase to $3,850 per week with 2022 season booked nearly full. Water toys package rentals and ancillary fees make for an attractive return on investment. See Supplement sheet for VRBO info.
Supplements: Seller VRBO Data - Gross income by year 2018 - 9 Weeks - $30,112 2019 - 15 Weeks - $70,923 2020 - 21 Weeks - $69,174 2021 - 15 Weeks - $63,725 ytd 10/10/2021 Seller has not raised the VRBO rate since they began. VRBO Listing Number 1300161 - Premium Host ________________________ Seller has installed a new septic system capable of handling 7 bedrooms at the cost of $85,000. Completion this month. See Documents for details
More Information MLS# 21-10474
Contract Information
Status: Closed
Listing Type: Residential Waterfront
Income Producing: Yes
Area: 08 - Cd'A Rural-East
Neighborhood Grid #: 250
Begin Date: 2021-10-11
List Price: $1,850,000
Sold Date: 2022-05-10
Under Contract Date: 2022-04-18
Non-Agent Compensation: 2.5
Non-Agent Compensation Type: %
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Short Sale: No
REO: No
Financing: Conventional Loan
General Property Description
Realtor.COM Type: Residential - Single Family
Building Style: Multi-Level
Basement: No
Garage Type: None
Garage Stall: None
Total Bedrooms: 2
Total Bathrooms: 2.5
Total SqFt.: 1750
SqFt 1: 1000
SqFt 2: 750
SqFt Source: ESTIMATED
Lot Acres: 0.57
Year Built: 1957
Remodeled: Yes
Year of Remodel: 2017
New Construction: No
Lot Type 1: Residential
Lot Type 2: Lakefront
Lake/River Name: Coeur d'Alene Lake
Frontage: 120
Add'l Living Quarters: No
Legal and Taxes
Legal: FINNEY TRACTS, LT 4 BLK 3 Section 32 Township 50N Range 03W
AIN/Tax Bill: 106795
Parcel Number: 025200030040
School District: CDA - 271
Zoning: Restricted Res
Taxes: 3500
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Subdivision: Finney
Directions: Highway 90 East to Exit 22 South to Eddyville to Chinook, left on Buddy Court to the end and sign.
Remarks
Public Remarks: Excellent income producing waterfront opportunity with strong weekly rental history. Newly installed $85,000 septic system will handle high volume occupancy. Recent price increase to $3,850 per week with 2022 season booked nearly full. Water toys package rentals and ancillary fees make for an attractive return on investment. See Supplement sheet for VRBO info.
Address Information
Street Number: 3231
Street Direction Pfx: E
Street Name: BUDDY
Street Suffix: CT
State/Province: ID
Postal Code: 83833
County: Kootenai
Property Subject to
CC&Rs: No
Homeowners Assoc: None
LID: No
Docs on File: No
Non-Mtg Lien: None
Flood Zone: No
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: East Side
Miscellaneous
Sec: 32
Twn: 50W
Rng: 03
Rng Dir: WBM
Rooms per Level
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Half Bath: 1
1st Fl Laundry: 1
2nd Fl Mst Bdrm Suite: 1
2nd Fl Bdrm(s): 1
2nd Fl Bath: 1
Architectural Style
Description: Contemporary
Water
Number of Homes on Well: 3
Property Features
View: Lake; Mountain(s); Territorial
Lot Features: Sloping; Steep; Wooded
Interior Features: Central Air; Dryer Hookup - Elec; Fireplace Insert; Gas Fireplace; High Speed Internet; Washer Hookup
Exterior Features: Dock/Boat Slip; Fire Pit; Landscaping; Lighting; Open Deck; Open Porch; Rain Gutters; Satellite Dish
Common Walls: No Common Walls
Appliances: Disposal; Dryer, Electric; Microwave; Range/Oven Combo - Gas/Elec; Refrigerator; Washer; Propane Water Heater
Kitchen Amenities: Kitchen Island
Fuel: Electric; Propane
Heating: Heat Pump; Mini-Split
Other Structures: Cabana; See Remarks
Basement: None, Crawl Space
Foundation: Block; Concrete
Construction: Block; Frame
Exterior: Lap Siding
Flooring: Carpet; Tile; Vinyl
Roof: Comp Shingle
Road: Gravel; Private Maintained Road; Public Maintained Road
Water: Shared Well
Sewer: Septic System
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Kelly Right Real Estate
Last Updated: May - 10 - 2022
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