$345,000
SOLD MAR 31, 2025
Last list price

433 W 2nd S Rexburg, ID 83440

4 Beds
2 Baths
2,036 Sq Ft
10,106 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

151 Days on Market

Highlights

  • Deck
  • Property is near a park
  • No HOA
  • Madison Senior High School Rated A-
  • Wood Flooring
  • 2-minute walk to Park Street Park

About This Home

As of March 2025

PRIME LIGHT INDUSTRIAL POTENTIAL! This 4-bedroom, 2-bathroom split-level home offers the perfect balance of residential living with commercial potential, making it a rare find in this thriving community. Zoned for light industrial use, this property presents a unique opportunity. Whether you're looking to rezone for multifamily housing or take advantage of its existing light industrial classification, the possibilities are abundant. Situated just down the street from Kennedy Elementary School, this home is ideal for families, while the proximity to Porter Park offers recreational space for weekend activities and gatherings. The location is further enhanced by its short walking distance to the BYU-Idaho campus, making it perfect for students, faculty, or anyone looking to live close to the university. With nearby shops, dining, and entertainment options, this home provides both convenience and a lively atmosphere. One of the standout features of this property is its solar panel system, which allows you to save on your monthly electric bills while reducing your environmental footprint. This energy-efficient upgrade adds long-term value and sustainability to the home. Don't miss this chance to own a home with endless possibilities in one of Rexburg's most desirable areas!

Last Agent to Sell the Property

Ryan Lerwill

Keller Williams Realty East Idaho Listed on: 09/30/2024

Keller Williams Realty East Idaho

Co-Listed By

Jeff Lerwill

Keller Williams Realty East Idaho

Last Buyer's Agent

Brady Bell

License #SP55446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1978

Lot Details

  • 10,106 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Aluminum or Metal Fence
  • Many Trees

Home Design

  • Split Foyer
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Window Egress

Parking

  • No Garage
  • Open Parking

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a park
  • Property is near schools

Schools

  • Kennedy 321El Elementary School
  • Madison 321Jh Middle School
  • Madison 321Hs High School

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • Southend Addition Mad Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property Including Refrigerator (Refrigerator Is Not Owned By Seller.)

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Has Basement: Daylight, Egress Windows, Full
  • Inclusions: Range/Oven, Microwave, Dishwasher.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.232
  • Co List Office Mls Id: 3046
  • Co List Office Phone: 208-529-8888
  • Subdivision Name: Southend Addition-Mad
  • Directions: From W Main Street turn left onto S 4th W and continue south. Turn right onto W 2nd S. Property is located on the left hand side.
  • Above Grade Finished Sq Ft: 1018
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Split Entry
  • New Construction: No
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Microwave, Range/Hood Vented, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1018
  • Fireplace Features: 1, Free Standing, Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Tile
  • Living Area: 2036

Exterior Features

  • Exclusions: Seller's Personal Property Including Refrigerator (Refrigerator Is Not Owned By Seller.)
  • Roof: Composition
  • View: None
  • Fencing: Metal, Wood, Full
  • Lot Features: Established Lawn, Many Trees, Near Park, Near Schools, Near University/College
  • View: No
  • Construction Type: Frame, Vinyl
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: 1, Deck
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Concrete

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Room
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Solar, See Remarks
  • Heating Yn: Yes
  • Electric: Rocky Mountain Power, Other Info-See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison 321JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10105.92
  • Zoning Description: Rexburg-Light Industrial
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1412

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Kennedy 321EL
  • HighSchool: Madison 321HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Mar 10, 2025
Sold by
Snow Larry Irvin and Snow Audra Lyn
Bought by
Robinson Talon and Edwards Chelsea
Seller's Agent
Ryan Lerwill
Keller Williams Realty East Idaho
Buyer's Agent
Brady Bell
List Price
$345,000
Sold Price
$345,000
Views
78
Current Estimated Value
$341,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,875
Avg. Annual Appreciation
-3.70%
Original Mortgage
$10,250
Outstanding Balance
$10,250
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$330,875
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Flying S Title And Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,250 New Conventional
Open $338,751 FHA
Previous Owner $68,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold -- -- --
02/28/2025 02/28/25 Pending -- -- --
09/30/2024 09/30/24 For Sale $345,000 -- $169 / 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
2024 $270 $265,534 $60,000 $205,534
2023 $270 $249,264 $50,000 $199,264
2022 $1,484 $232,230 $35,000 $197,230
2021 $1,412 $186,514 $28,000 $158,514
2020 $1,160 $161,074 $28,000 $133,074
2019 $1,218 $144,886 $28,000 $116,886
2018 $1,159 $129,765 $28,000 $101,765
2017 $1,141 $127,703 $28,000 $99,703
2016 $1,110 $127,703 $28,000 $99,703
2015 $1,001 $114,091 $0 $0
2013 -- $114,091 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Snake River Regional MLS

MLS Number: 2170332

Snake River Regional MLS

APN: RPR00SE0050080