2379 W Palouse St
- Price$515,000
- Beds / Baths2 / 1
- Sqft918
- Built1952
- HOANone
- Avg drive16 min
- School zoneBoise
Drive times 16 min avg
- Illya's house 19 min 10.3 mi
- Jay & Debby's house 22 min 7.8 mi
- Boise High School 8 min 3 mi
- Idaho Fine Arts Academy 17 min 10.9 mi
Driving estimates via OSRM (free-flow, no traffic) — routes drawn on the map above. Average across 4 landmarks.
Valuation & tax history
| Year | Assessed value | Property tax |
|---|---|---|
| 2026 | $455,200 | — |
| 2025 | $433,100 | $2,849.68 |
| 2024 | $447,900 | $2,938.10 |
| 2023 | $414,700 | $2,774.40 |
| 2022 | $484,700 | $3,126.84 |
| 2021 | $372,700 | $2,715.20 |
| 2020 | $285,600 | $2,208.56 |
Idaho has no cap on assessment increases — assessed value (and therefore tax) drifts up year over year. Budget for the drift.
Run June 19, 2026 · rate 6.5% (Freddie 6.47% 6/18, Bankrate 6.48% 6/19/2026) · cash fund $105k
Listing facts (Zillow)
- ~$561/sqft
- Note: a different property from the active 3309 W Palouse St (palouse) — same street, different house.
County record — Ada County Assessor (the truth)
- The dwelling value ($218.6k) is unusually high for a “918 sqft” house — well above the ~$150–160k dwelling values on the comparable 1949–1962 cottages in this batch. That strongly implies a substantial remodel and/or addition; the real finished square footage may exceed the Zillow figure. Verify actual sqft and what was permitted before trusting the listing spec.
- The ~$515k Zestimate is ~$59,800 (13%) over assessed — but it’s an estimate, not a negotiated ask.
Up ~59% in six years (2020 $285k → 2026 $455k); a high assessed value ($455,200) for this tier.
Exemption is applied. 2025 tax $2,849.68 ≈ ($433,100 − $125k) × 0.92% — exemption-adjusted (resident owner since 2018). Eric, living here, inherits roughly this bill (~$2,850/yr ≈ ~$238/mo) — a high tax line, driven by the high assessed value. FILE FOR THE EXEMPTION after closing if it transacts.
Affordability — VERDICT: Off-market (nothing to buy); hypothetical doesn’t fit either
Assumptions: 6.5% 30-yr fixed, 20% down (no PMI), exempted tax ~$2,850/yr, ins ~$120/mo, price = the ~$515k Zestimate, NOT a live ask.
Hypothetical 20% down (no PMI) at the ~$515k Zestimate
- 20% down = $103,000 → loan $412,000
- P&I at 6.5%: ~$2,604/mo
- Property tax (exemption applied): ~$238/mo
- Insurance: ~$120/mo · HOA $0 · PMI $0
- All-in: ~$2,962/mo → ~$462/mo OVER the $2,500 ceiling.
- Cash: $103,000 down + ~$15,450 closing (3%) ≈ $118,450 → ~$13.5k OVER the $105k fund.
Misses badly on both axes even at the estimate — and again, there’s no listing to act on.
Flags
- OFF-MARKET — nothing to buy today. The ~$515k is a Zestimate, not a negotiated price. Tracking only.
- Would not fit at the estimate — ~$462/mo over the payment ceiling and ~$13.5k over the cash fund; the worst hypothetical fit of the three off-market ones.
- High assessed value ($455,200) → a high tax line (~$238/mo).
- Dwelling value far exceeds the listed 918 sqft — likely a remodel/addition; confirm true finished sqft and permit history if it ever lists (could mean more house than the spec, or unpermitted work — find out which).
- 0.25-ac lot (a genuinely large lot) and a resident owner since 2018 (not a flip) are the pluses.
Bottom line
Off-market, so there’s nothing to chase — the ~$515,000 is a Zestimate, not a live ask. The county record is the interesting part: 2026 assessed $455,200 (a high assessment) with a dwelling value ($218.6k) far above what a 918-sqft cottage should carry, which points to a meaningful remodel/addition — verify the true square footage if it relists. Owner-occupied since 2018 with the exemption applied, so Eric’s tax would be ~$238/mo. But at the ~$515k estimate it doesn’t fit: ~$2,962/mo (≈$462 over) and ~$118k cash (≈$13.5k over). Watch only; re-run against a real ask, and pin down the actual sqft, if it ever comes to market.