#98952087, John Obendorf, Listing office: Berkshire Hathaway HomeServices Silverhawk Realty
$400,000 List price
501 E Grove Ave Parma, ID 83660
3 beds
3 baths
1,160 sqft
0.2 acres
$345 / sqft
House
Property details
About 501 E Grove Ave
Unlock Unrivaled Potential in Parma! This unique property presents a great opportunity for an investor or an owner-occupant ready to build equity and generate income. The main residence spans 1832 sq ft, featuring an unfinished basement (approximately 670 sq ft) that offers a solid foundation for your creative vision and future expansion. While updated about 10 years ago, there's ample room to customize and truly make it your own. Adding significant value is the separate, income-generating 800 sq ft ADU (Accessory Dwelling Unit), currently bringing in a reliable $1200/month in rental income! With two distinct living spaces, this property offers incredible flexibility: you have the powerful option to live in one and rent the other, or maximize your investment by renting both units for substantial cash flow. Don't miss this chance to own a versatile property with significant income potential and room for appreciation in the growing community of Parma. This isn't just a house; it's an investment in your future.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,160 sqft
Lot size0.16 Acres
Year built1935
MLS #98954345
Summary
- Appliances: Electric Water Heater, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Total Bedroom Count: 3
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $400,000
- Price/SqFt: $344
- HOA Amount: $0
- Annual Tax Amount: $2,962
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Travel NW on Hwy 20-26 into Parma. 20-26 turns into E. Grove Ave. Located on corner of E. Grove and N. 5th St.
- Year Built: 1935
- Living Area: 1,160 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 98954345
- MLS Name: IMLS 2
- Office Name: Silvercreek Realty Group
- Office Phone: (208) 377-0422
- Listing Agent: Tj Eardley
Listings with this icon are © 2025 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 6:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $293,500 | $2,962 |
| 2021 | $228,300 | $3,214 |
| 2020 | $183,700 | $3,409 |
| 2019 | $165,300 | $2,990 |
| 2018 | $124,000 | $2,990 |
| 2017 | $124,000 | $2,837 |
History based on county public records data.
Nearby schools
5
Nyssa Elementary School
Public District KG-5
7.1 mi
•809 Bower Ave
6
Purple Sage Elementary School
Public District PK-5
12.6 mi
•25709 El Paso Rd
5
West Canyon Elementary School
Public District KG-5
13.0 mi
•19548 Ustick Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,565. Typical income of Parma, ID residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
42%
<35k
50%
35k-100k
4%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
14%
Single, with Kids
29%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 E Grove Ave
The listing price of 501 E Grove Ave property is $400,000.
The property 501 E Grove Ave is a house located in Parma, Idaho, 83660.
Active Listing: 501 E Grove Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 E Grove Ave are: Nyssa Elementary School (GreatSchools Rating 5/10), Purple Sage Elementary School (GreatSchools Rating 6/10), West Canyon Elementary School (GreatSchools Rating 5/10), Adrian Elementary School (GreatSchools Rating 7/10), Nyssa Middle School (GreatSchools Rating 5/10), Syringa Middle School (GreatSchools Rating 2/10), Parma High School (GreatSchools Rating 5/10), Adrian High School (GreatSchools Rating 10/10), Nyssa High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,962 (source: MLS/based on county public records data).
The property at 501 E Grove Ave has 3 bedrooms and 3 bathrooms.
The property 501 E Grove Ave is 1,160 SqFt (source: MLS/tax record).
The year of construction for 501 E Grove Ave is 1935.
This home is located at 501 E Grove Ave in Parma, ID and zip code 83660. This 1,160 square foot home, which was built in 1935, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $400,000.
The number of homes for sale in Parma, ID increased by 50% between May and June 2025. Listings spent 81 days on the market in June 2025, and had a median list price of $590,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.