NOT LISTED FOR SALE

3880 Rainbow Dr Island Park, ID 83429

Estimated Value: $585,000 - $708,000

4 Beds
2 Baths
2,298 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 04, 2024

Current estimated payment $3,646/month

157 Days on Market

Highlights

  • Multiple Fireplaces
  • Loft
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Ceiling Fan

About This Home

As of March 2024

* Welcome to 3880 Rainbow Drive in Island Park! This turnkey cabin is the perfect blend of rustic charm and modern comfort. With 4 bedrooms and 2 bathrooms, this retreat offers ample space for you and your guests. Situated on a desirable corner lot, this cabin comes complete with a garage, providing convenience with plenty of storage for all your outdoor gear with a 12x16 shop. Step inside and be greeted by the warm and inviting living space, with stunning wood accents throughout. All furnishings and appliances come with the property for your convenience. Whether you're a winter enthusiast or a summer adventurer, this cabin's location has you covered. Enjoy easy access to the Buffalo River located a 1/4 mile away and 30 minutes from West Yellowstone. The Buffalo River Water Association fee is $132.00 and the Road fee is $230.00 annually. Buyer to verify Buffalo River Association fees, square footage and zoning. Home security system can be transferred to new owner or removed at buyers request. Rental property stats are available upon request. Please allow 48 hour response time for offers.

Last Agent to Sell the Property

Sarah Williams

Evolv Brokerage Listed on: 08/24/2023

Co-Listed By

Andrea Jardine

Evolv Brokerage

Last Buyer's Agent

Andrea Jardine

Evolv Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,407

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,298 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Propane Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • Ashton A215el Elementary School
  • North Fremont A215jh Middle School
  • North Fremont A215hs High School

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Community Well
  • Private Sewer

Community Details

  • No Home Owners Association
  • Buffalo River Estates Fre Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,407

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Has Basement: None
  • Inclusions: All Furniture, Washer And Dryer, Airbnb Supplies, All Appliances, Fully Furnished Turnkey.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: 2133
  • Co List Office Phone: 208-510-0551
  • Subdivision Name: Buffalo River Estates-Fre
  • Directions: 1 mile north of Ponds Hwy 20 take right to Phillips/Pines Lodge take right onto Rainbow Dr. and go 1.3 miles. Property on left side.
  • Above Grade Finished Sq Ft: 2298
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1975
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Loft, Ceiling Fan(s)
  • Appliances: Dishwasher, Dryer-Electric, Electric Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2, Pellet Stove, Propane
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 2298

Exterior Features

  • Roof: Metal
  • View: None
  • Lot Features: Corner Lot
  • View: No
  • Construction Type: Frame, Log Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Stall, Gravel
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Fall River Power
  • Water Source: Community Well (5+)

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: North Fremont A215JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14810.4
  • Zoning Description: Not Verified
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2407.1

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Ashton A215EL
  • HighSchool: North Fremont A215HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Feb 22, 2024
Sold by
Chapple Angel and Chapple Kory
Bought by
Ustach Steven L and Ustach Janene E
Seller's Agent
Sarah Williams
Evolv Brokerage
Buyer's Agent
Andrea Jardine
Evolv Brokerage
List Price
$650,000
Views
183
Current Estimated Value
$638,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$468,000
Outstanding Balance
$460,627
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$171,685

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 10, 2022
Sold by
Island Park Ventures Llc
Bought by
Chapple Angel and Chapple Kory
Seller's Agent
Andrea Jardine
Evolv Brokerage
Buyer's Agent
Sarah Williams
Evolv Brokerage
List Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.47%
Original Mortgage
$463,750
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2022
Sold by
Taylor Mcgann Michael and Lee Susanne
Bought by
Island Park Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,955
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2022
Sold by
Taylor and Cameron
Bought by
Mcgann Michael Taylor and Mcgann Susanne Lee

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 23, 2021
Sold by
Gerber Mark F and Gerber Heidi M
Bought by
Taylor Alix and Taylor Cameron
Seller's Agent
Juan Murdoch
Keller Williams Realty East Idaho
Buyer's Agent
Kimberly Rose
Keller Williams Realty East Idaho
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$387,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006
Sold by
Federal National Mortgage Association
Bought by
Wheatley Kyle J and Wheatley Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ustach Steven L -- Titleone
Chapple Angel -- Amerititle
Island Park Ventures Llc -- First American Title
Mcgann Michael Taylor -- First American Title
Taylor Alix -- Alliance Ttl Rexburg Office
Wheatley Kyle J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ustach Steven L $468,000
Previous Owner Chapple Angel $463,750
Previous Owner Island Park Ventures Llc $371,955
Previous Owner Taylor Alix $387,000
Previous Owner Sheehy Roger $85,500
Previous Owner Wheatley Kyle J $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold -- -- --
01/29/2024 01/29/24 Pending -- -- --
10/20/2023 10/20/23 Price Changed $619,000 -1.0% $269 / Sq Ft
09/21/2023 09/21/23 Price Changed $625,000 -3.8% $272 / Sq Ft
08/24/2023 08/24/23 For Sale $650,000 +4.0% $283 / Sq Ft
11/28/2022 11/28/22 Sold -- -- --
10/28/2022 10/28/22 Price Changed $625,000 -3.8% $272 / Sq Ft
10/28/2022 10/28/22 Off Market -- -- --
10/27/2022 10/27/22 Pending -- -- --
10/09/2022 10/09/22 Off Market -- -- --
10/06/2022 10/06/22 For Sale $650,000 +44.4% $283 / Sq Ft
08/24/2021 08/24/21 Sold -- -- --
07/28/2021 07/28/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $450,000 -- $196 / Sq Ft
Source: Snake River Regional 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 $2,056 $525,874 $73,400 $452,474
2024 $2,056 $515,640 $70,544 $445,096
2023 $2,168 $518,088 $72,992 $445,096
2022 $2,407 $402,944 $53,765 $349,179
2021 $1,004 $106,065 $39,128 $66,937
2020 $1,599 $176,163 $39,128 $137,035
2019 $1,541 $170,451 $33,416 $137,035
2018 $1,595 $168,262 $33,416 $134,846
2017 $17 $163,975 $32,414 $131,561
2016 $1,680 $163,975 $32,414 $131,561
2015 $1,512 $146,172 $0 $0
2014 $1,240 $146,172 $0 $0
2013 $1,240 $137,191 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2157563

Snake River Regional MLS

APN: RP-00021002001B