NOT LISTED FOR SALE

116 Rainbow Dr Jerome, ID 83338

Estimated Value: $423,000 - $511,000

3 Beds
2 Baths
2,158 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 15, 2025

Current estimated payment $2,478/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Detached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of September 2025

Country living and close to city amenities, the property is in a nice neighborhood and convenient location in Jerome, ID. Very cute country home, has original wood framing in the living area, with a great kitchen for cooking and entertaining, a nice redwood deck out back. It's a very cozy home! The shop out back is perfect for all of your toys and also has a covered patio where you can sit out back and enjoy the view.

Last Agent to Sell the Property

Lori Williamson

Century 21 Gateway Brokerage Phone: 208-733-5600 Listed on: 08/04/2025

Last Buyer's Agent

Eliza Mendoza

Keller Williams Sun Valley Southern Idaho

Keller Williams Sun Valley Southern Idaho

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1957

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 632x230
  • Cul-De-Sac
  • Partially Fenced Property
  • Wire Fence
  • Corner Lot
  • Sprinkler System
  • Garden

Home Design

  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Family Room
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Bathrooms

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shop

Schools

  • Horizon Jerome Elementary School
  • Jerome Middle School
  • Jerome High School

Utilities

  • Central Air
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number RP006840010010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • Kitchen Level: Main
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.902
  • Lot Size: 632x230
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Rainbow Estates
  • Above Grade Finished Sq Ft: 1262
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Single with Below Grade
  • Attribution Contact: 208-733-5600
  • Special Features: None

Interior Features

  • Heating: Other
  • Room Bedroom2 Level: Main
  • Living Room Living Room Level: Main
  • Room Family Room Level: Lower
  • Master Bedroom Master Bedroom Level: Lower
  • Room Bedroom3 Level: Main
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Oven/Range Freestanding, Refrigerator
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 896
  • Fireplace Features: Pellet Stove
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Carpet
  • Interior Amenities: Bath-Master, Family Room, Pantry, Laminate Counters
  • Living Area: 2158
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wire
  • Construction Type: Metal Siding
  • Other Structures: Shop
  • Patio And Porch Features: Covered Patio/Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV/Boat, Detached, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected

Schools

  • Elementary School: Horizon Jerome
  • Junior High Dist: Jerome School District #261
  • High School: Jerome
  • Middle Or Junior School: Jerome

Lot Info

  • Lot Features: 1/2 - .99 AC, Garden, R.V. Parking, Corner Lot, Cul-De-Sac, Auto Sprinkler System
  • Parcel Number: RP006840010010
  • Current Use: Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 39291.12

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1630.44

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2025
Closed on
Sep 11, 2025
Sold by
Walker Alison M
Bought by
Hamilton Joseph Lee and Hamilton Angel Renee
Seller's Agent
Lori Williamson
Century 21 Gateway
Buyer's Agent
Eliza Mendoza
Keller Williams Sun Valley Southern Idaho
List Price
$450,000
Views
12
Current Estimated Value
$449,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%
Original Mortgage
$399,000
Outstanding Balance
$399,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$50,300

Purchase Details

Listed on
Jun 26, 2012
Closed on
Nov 16, 2012
Sold by
Idaho Housing And Finance Assn
Bought by
Walker Alison M
Seller's Agent
Linda Miller
Canyon Trail Realty, LLC
Buyer's Agent
Sandra Capps
NorthPointe Realty
List Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$113,050
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2012
Closed on
Nov 15, 2012
Sold by
Walker Joel L and Walker Alison M
Bought by
Walker Alison M
Seller's Agent
Linda Miller
Canyon Trail Realty, LLC
Buyer's Agent
Sandra Capps
NorthPointe Realty
List Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
Hurtado Alejandor and Hurtado Heidi M
Bought by
Jerome Highway District

Purchase Details

Closed on
Dec 14, 2005
Sold by
Patterson Bart and Patterson Kristi K
Bought by
Myers Audell L and Myers Jeremy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hamilton Joseph Lee -- Titleone
Walker Alison M -- Titleone
Walker Alison M -- Land Title And Escrow-Twinfa
Walker Alison M -- Land Title And Escrow-Twinfa
Jerome Highway District -- None Available
Myers Audell L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Joseph Lee $399,000
Previous Owner Walker Alison M $113,050
Previous Owner Myers Audell L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold -- -- --
08/13/2025 08/13/25 Pending -- -- --
08/04/2025 08/04/25 For Sale $450,000 +275.3% $209 / Sq Ft
11/19/2012 11/19/12 Sold -- -- -- View Prior Sale
10/15/2012 10/15/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $119,900 -- $57 / Sq Ft
Source: Intermountain MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,486 $323,383 $53,307 $270,076
2024 $1,630 $332,825 $53,307 $279,518
2023 $1,630 $333,195 $53,307 $279,888
2022 $1,273 $246,127 $53,307 $192,820
2021 $1,310 $212,704 $46,354 $166,350
2020 $1,168 $177,597 $35,657 $141,940
2019 $1,160 $180,337 $35,657 $144,680
2018 $1,088 $161,656 $28,526 $133,130
2016 $854 $116,366 $24,805 $91,561
2014 $725 $101,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lori Williamson

    Century 21 Gateway

    (208) 308-6338

    6 Total Sales

    Lori Williamson
    Section Image
  • Eliza Mendoza

    Buyer's Agent in 2025

    Eliza Mendoza

    Keller Williams Sun Valley Southern Idaho

    (208) 731-5700

    114 Total Sales

    Eliza Mendoza
    Section Image
  • Linda Miller

    Seller's Agent in 2012

    Linda Miller

    Canyon Trail Realty, LLC

    (208) 731-2217

    9 Total Sales

    Linda Miller
    Section Image
  • Dan Wise

    Seller Co-Listing Agent in 2012

    Dan Wise

    Canyon Trail Realty, LLC

    (208) 539-2609

    72 Total Sales

    Dan Wise
    Section Image
  • Sandra Capps

    Buyer's Agent in 2012

    Sandra Capps

    NorthPointe Realty

    (208) 324-8752

    17 Total Sales

    Sandra Capps
    Section Image
See All Agents

Map

Source: Intermountain MLS

MLS Number: 98956999

Intermountain MLS

APN: RP006840010010

Idaho Jerome County Jerome 83338

116 Rainbow Dr, Jerome, ID

Not Listed for Sale

Detached

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