$250,000

508 3rd Ave W Jerome, ID 83338

Estimated payment $1,462/month

Total Views 2,405
3 Beds
1 Bath
1,080 Sq Ft
$231 Price per Sq Ft

About This Home

Investor special! This 3-bedroom, 1-bath property is a great opportunity to add a performing asset to your investment portfolio. The home is currently tenant-occupied, and the tenants would love to stay—providing immediate rental income from day one. With solid bones and future potential, this property offers an excellent chance to build long-term equity or strengthen your rental holdings. Don’t miss this income-producing opportunity.

Listing Agent

Alma Noriega

H & L Real Estate Company Brokerage Phone: 208-678-9990 Listed on: 01/14/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Bathroom

Schools

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

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number RPJ13700490140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 1915

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1915
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applicable
  • Above Grade Finished Sq Ft: 1080
  • Garage Yn: No
  • Unit Levels: One
  • Attribution Contact: Main: 208-678-9990
  • Special Features: None

Interior Features

  • Heating: Electric
  • Room Bedroom2 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1080
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Metal
  • Construction Type: Frame

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Features: Standard Lot 6000-9999 SF
  • Parcel Number: RPJ13700490140
  • Land Lease: No
  • Lot Size Sq Ft: 6098.4

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2089.92

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Sold Price
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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 $2,090 $151,220 $45,000 $106,220
2024 $2,178 $151,220 $45,000 $106,220
2023 $2,178 $145,216 $26,250 $118,966
2022 $1,292 $76,010 $0 $0
2021 $1,286 $62,900 $14,000 $48,900
2020 $1,306 $62,588 $11,688 $50,900
2019 $1,356 $62,588 $11,688 $50,900
2018 $1,279 $46,797 $11,688 $35,109
2016 $592 $46,797 $11,688 $35,109
2014 $576 $46,636 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $250,000 +100.2% $231 / Sq Ft
05/22/2020 05/22/20 Sold -- -- -- View Prior Sale
04/28/2020 04/28/20 Pending -- -- --
11/18/2019 11/18/19 Price Changed $124,900 -3.2% $116 / Sq Ft
11/06/2019 11/06/19 For Sale $129,000 +163.3% $119 / Sq Ft
01/16/2019 01/16/19 Sold -- -- -- View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $49,000 -- $45 / Sq Ft
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Jerome
Interfamily Deed Transfer -- First American Title Jerome
Warranty Deed -- First American Title Jerome
Interfamily Deed Transfer -- First American Title Jerome
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $105,000 New Conventional
Source: Public Records

Source: Intermountain MLS

MLS Number: 98971695

Intermountain MLS

APN: RPJ13700490140

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