$450,000
PENDING

116 Rainbow Dr Jerome, ID 83338

Estimated payment $2,588/month

Total Views 1,022
3 Beds
2 Baths
2,158 Sq Ft
$209 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Lori Williamson

Gateway Real Estate Brokerage Phone: 208-733-5600 Listed on: 08/04/2025

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
  • Disposal

Flooring

  • 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

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
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

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
10/15/2012 10/15/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $119,900 -- $57 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Land Title And Escrow-Twinfa
Interfamily Deed Transfer -- Land Title And Escrow-Twinfa
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,050 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

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See All Homes in Jerome

Source: Intermountain MLS

MLS Number: 98956999

Intermountain MLS

APN: RP006840010010

Idaho Jerome County Jerome 83338

116 Rainbow Dr, Jerome, ID

This home is located at 116 Rainbow Dr, Jerome, ID 83338 and is currently priced at $450,000, approximately $208 per square foot. This property was built in 1957. 116 Rainbow Dr is a home located in Jerome County with nearby schools including Horizon Elementary School, Summit Elementary School, and Jerome Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Intermountain MLS IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.

Information provided by IMLS is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Lori Williamson
Section Image
Gateway Real Estate
(208) 747-0209