Executive Summary
– Single-Family
– 2 Beds and 1.5 Bath
– 933 Sqft
– Sold price = $135,000
– ARV = $175,000
š2350 Idaho Rd ā Property Value Progression
This property has experienced strong appreciation over the past yearāwithout any major renovationsāthanks to market momentum and a solid rental-ready foundation.
š February 2024 Appraisal
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Appraised at $160,000
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Condition: Average (original kitchen & baths)
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Price/Sq Ft: ~$146
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Market noted as stable, low inventory
š April 2025 Comparative Market Analysis (CMA)
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Estimated Value: $192,130 ā $205,502
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Price/Sq Ft: $188
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Nearby comps are selling between $220Kā$240K, many with upgrades
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No major improvements madeāpure appreciation
š” Insight for Investors: In just over a year, this property has gained over $30K in market value, showcasing how the right location and timing can create equityāwithout lifting a hammer.
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