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4210 W Flatwoods Loop
Score
0
Rathdrum, ID

4210 W Flatwoods Loop

949K
3 bd • 2 ba • 2,015 sf

This analysis was generated on 3/5/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$949,000

Price/Sq.Ft

$471

Year Built

2011

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Granite Countertops: Adds a touch of luxury and durability to the kitchen. Estimated value add: $3,000. • Stainless Steel Appliances: Modern and desirable appliance package. Estimated value add: $2,000. • Stone Fireplace: Adds a focal point and warmth to the living room. Estimated value add: $2,500. • Vaulted Ceilings: Creates a more spacious and airy feel. Estimated value add: $1,500. • Granite countertops in kitchen • Stainless steel appliances • Stone fireplace • Vaulted ceilings • Laminate flooring in living areas • Price Position: At $470.97 per square foot, the property's price is relatively high. However, the large lot size (4.8 acres) and the presence of a 34 x 40 shop contribute to the overall value. A comparison with similar properties (size, lot, amenities) in the Rathdrum area is needed to determine if the price is justified. • Appreciation Trend: The property was listed for $499,900 in 2019 and is now listed for $949,000, representing a 90% increase. This significant appreciation warrants careful analysis of comparable sales to ensure the current price is justified. However, the lack of sales data between 2020 and 2025 makes it difficult to assess the year-over-year appreciation rate. • Investment Opportunity: After $11,500 in renovations, potential $14,500 equity gain (126.1% ROI) • Rental Income: $1,800/month with 90% occupancy (0.0% cap rate) • Schools: The 8/10 rating of Lakeland Senior High School is a positive factor that can contribute to property value. However, the lower ratings of the elementary and middle schools (4/10 and 5/10 respectively) may be a concern for some buyers, potentially reducing the premium associated with school quality. • Future Development: No specific planned developments are detailed in the provided data. • Good natural light in the main living areas. Bedrooms have adequate light. The bay window in the dining area provides ample natural light.
Granite Countertops

Granite Countertops

Adds a touch of luxury and durability to the kitchen. Estimated value add: $3,000.

Stainless Steel Appliances

Stainless Steel Appliances

Modern and desirable appliance package. Estimated value add: $2,000.

Vaulted Ceilings

Vaulted Ceilings

Creates a more spacious and airy feel. Estimated value add: $1,500.

The Bad

• Replace carpet in bedrooms (MEDIUM priority): $3,000 • Update bathroom fixtures and finishes (MEDIUM priority): $7,000 • Repaint interior walls with neutral colors (LOW priority): $1,500 • Severe fire risk (7/10) and extreme air quality risk (9/10) may impact insurance costs and buyer perception. • Lack of local market data makes it difficult to assess current supply/demand dynamics and potential for price adjustments. • The significant price increase since the last listing in 2019 (93.7%) warrants careful scrutiny of comparable sales to ensure current pricing is justified.

The Ugly

• Climate Risk: The property's climate risks suggest potentially higher insurance costs. The estimated insurance cost is $3416.4/year. The severe fire risk will likely necessitate a comprehensive fire insurance policy. While flood insurance is recommended, the moderate risk may result in relatively manageable premiums.
Worn Carpet

Worn Carpet

Carpet in bedrooms appears worn and dated.

Dated Bathrooms

Dated Bathrooms

Bathroom fixtures and finishes are dated.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $21,600 with 90% occupancy rate Value Investors: Projected 15.9% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $11,500 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$78,104

Property History

Price History
Ownership Timeline
$0Financed
Dec 30, 2019
Stephen Albert HerbstEric Meidinger, Sheri Meidinger
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$2,232
2024 Tax Assessment
1.9%from previous year
Assessed Value$619,708
Tax Rate0.36%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

4.0/10
Average

Middle

5.0/10
Average

High

8.0/10
Excellent

Financials

Monthly Costs
Market Rent (3 bed)

$870

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Location & Comparables

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Comparable Sales
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