$395,000
SOLD SEP 16, 2025
Last list price

516 N School St Cascade, ID 83611

3 Beds
1 Bath
1,008 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

114 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Lake Cascade State Park
  • 1-Story Property
  • 1 Car Garage

About This Home

As of September 2025

Significant price improvement! Discover an exceptional investment opportunity just moments from the shores of Lake Cascade. This fully furnished, turn-key property is an active and highly rated Airbnb with a strong track record of recurring guests and consistent income. Future bookings are already in place, offering instant cash flow for the next owner. Located in a prime recreation area, the property offers easy access to world-class perch fishing, boating, hiking, skiing, and snowmobiling — making it a sought-after destination in every season. Don't miss this opportunity to own a proven income-producing property in one of Idaho's top year-round recreation areas!

Last Agent to Sell the Property

Heidi Carter

Silvercreek Realty Group LLC Brokerage Phone: 2083770422 License #SP56652 Listed on: 04/24/2025

Silvercreek Realty Group LLC

Last Buyer's Agent

Heidi Carter

Silvercreek Realty Group LLC Brokerage Phone: 2083770422 License #SP56652 Listed on: 04/24/2025

Silvercreek Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 6,490 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation
  • Composite Building Materials

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Propane Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • 220 Volts
  • 110 Volts

Community Details

  • No Home Owners Association
  • Pine Grove Addition To Cascade Subdivision

Listing and Financial Details

  • Exclusions: Owners Personal Property
  • Legal Lot and Block 2 & 3 / 4
  • Assessor Parcel Number RPC0194004003C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,766

Year Built

Built in 1994 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub-Type: Residential
  • ResoLotFeatures: Surveyed
  • Lot Size Acres: 0.149
  • Water Body Name: Lake Cascade
  • Attribution Contact: 2083770422
  • Co List Office Phone: 208-377-0422
  • Outside Inclusions: Dishwasher,Dryer,Furniture,Microwave,Propane Stove,Range/Oven,Refrigerator,Washer
  • MLS Status: Closed
  • Subdivision Name: Pine Grove Addition to Cascade
  • Above Grade Finished Sq Ft: 1008
  • Carport Y N: No
  • Reso Fireplace Features: Propane, Propane Stove
  • Reso Interior Features: Furniture
  • Unit Levels: Single Level
  • Living Area: 1008
  • ResoPropertyCondition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Other Equipment: Propane Tank
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Exclusions: Owners Personal Property
  • Construction Type: Frame, Composite
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Attached Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Heating: Baseboard, Propane Fire Place
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: RPC0194004003C
  • Topography: Surveyed
  • Lot Size Sq Ft: 6490.44
  • ResoLotSizeUnits: Square Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1766.42
  • Tax Block: 4
  • Tax Lot: 2 & 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 22, 2019
Sold by
Johnson Craig H and Drageset Jan M
Bought by
Carter Heidi Nicole and Carter Jeffrey Michael
Seller's Agent
Craig Johnson
Johnson and Company RE
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Oct 11, 2018
Sold by
Roundtree John P and Gochnour Elizabeth K
Bought by
United States Of America

Purchase Details

Closed on
Apr 11, 2018
Sold by
Roundtree John R and Gochnour Elizabeth K
Bought by
Patrick S Hill Ira Llc

Purchase Details

Closed on
Aug 13, 2010
Sold by
Yergenson D Keith
Bought by
Roundtree John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,700
Interest Rate
4.52%
Mortgage Type
USDA
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 Type Sale Price Title Company
Warranty Deed -- Amerititle Cascade
Sheriffs Deed $92,335 First American Title Company
Sheriffs Deed $92,335 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,700 USDA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Sold -- -- --
08/16/2025 08/16/25 Pending -- -- --
08/10/2025 08/10/25 Price Changed $395,000 -2.5% $392 / Sq Ft
06/05/2025 06/05/25 Price Changed $405,000 -6.9% $402 / Sq Ft
05/15/2025 05/15/25 Price Changed $435,000 -4.4% $432 / Sq Ft
04/24/2025 04/24/25 For Sale $455,000 +154.2% $451 / Sq Ft
04/01/2019 04/01/19 Sold -- -- --
03/29/2019 03/29/19 Sold -- -- --
03/15/2019 03/15/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $179,000 -- $178 / Sq Ft
Source: Mountain Central Association of Realtors®

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 $1,703 $279,309 $73,655 $205,654
2023 $1,703 $287,422 $105,222 $182,200
2022 $1,649 $260,701 $79,219 $181,482
2021 $1,816 $179,752 $28,597 $151,155
2020 $1,789 $151,346 $22,242 $129,104
2019 $1,707 $127,375 $21,183 $106,192
2018 $1,839 $138,416 $16,322 $122,094
2017 $2,007 $143,033 $16,462 $126,571
2016 $863 $97,822 $16,462 $81,360
2015 $848 $96,167 $0 $0
2013 -- $101,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Central Association of Realtors®

MLS Number: 542533

Mountain Central Association of Realtors®

APN: RPC0194004003C