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4131 Colonial Way, Idaho Falls, ID, 83404

5beds
3baths
3,316sqft
$490,000
$148price/sqft
$3,079/moest. monthly cost
$123,160/yrincome needed

About This Home

Custom built home in the desirable Victorian Village subdivision, close to schools (Sunnyside Elementary & Taylorview Middle School) within walking distance, parks & other amenities on the south side of Idaho Falls. Original owner, no pets or smoking and only lived in by 2 people for over 25 years. Well-kept home with immaculate yard. Ranch style with full finished basement and coveted 3-car garage on a corner lot facing a cul-de-sac in a quiet, family neighborhood. Mostly large bedrooms and a huge 650 square foot downstairs family room (17' x 38') with gas fireplace. Five bedrooms & 3 bathrooms, with 3 bedrooms & 2 baths on the main level and 2 bedrooms & 1 bath on the lower level. Front kitchen & dining, and office/den with lots of natural light, and split bedrooms. Main floor laundry room & pantry. Granite kitchen countertops. Windows & roof were replaced in the last 10 years. Carpeted living, family & bedrooms with tile or laminate flooring in kitchen, dining, bathrooms & high traffic areas. Basement carpets new in 2017. Cadet zonal electric heat. Aluminum siding. Storage shed (10'X12') & garden spot in the backyard. Mature trees & landscaping with underground sprinklers. Pool table & family room sofas can be purchased separately. Connected to City of Idaho Falls fiber optic.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
5/10
6/10

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Frame,Primary Exterior Material: Brick,Primary Exterior Material: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Refrigerator,Electric Water Heater,Water Softener Owned,Plumbed For Water Softener
  • Laundry features: Main Level

Basement

  • Area: 1640

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Family Room

  • Level: Basement

Features

  • Ceiling Fan(s),Walk-In Closet(s),Den/Study,Master Downstairs,Master Bath
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: 1,Gas
  • Fireplace: Yes
  • Finished area below ground: 1,640
  • Finished area above ground: 1,676

Heating & Cooling

  • Heating features: Cadet Style,See Remarks
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 3,316
  • Total interior livable area: 3,316 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Office

  • Level: Main

Property

Details

  • Parcel number: RPA5140001007O
  • Zoning description: Bonneville-Ra1-Resid/agricul
  • Exclusions: Seller's Personal Property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: 1,Patio
  • Fencing: Wood,Full

Lot

  • Lot size: 0.29 Acres
  • Features: Corner Lot,Cul-De-Sac,Low Traffic,Near Schools,Concrete Curbing,Established Lawn,Many Trees,Flower Beds,Garden,Sprinkler-Auto

Parking

  • Total spaces: 3
  • Parking features: 3 Stalls,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Earthquake
Hail
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Bonneville County and Idaho

Fire
Mud Landslide

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,477$29,724
Home Insurance $165$1,980
Property Taxes $235$2,820
Electricity $202$2,432
Total$3,079$36,948

Income You'd Need if You Spent...

35% on housing$105,565/yr
40% on housing$92,370/yr
45% on housing$82,106/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$148This listing

vs Other Active Listings

Avg $/sqft

ZIP 83404$162
Bonneville County$322

vs Homes Sold Last Month

Median $/sqft

ZIP 83404$161
Bonneville County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$490,000
2026-08-03Price change$490,000
2026-06-08Price change$499,000
2026-05-06Listed for sale$515,000
2025-11-06Listing removed$514,000
2025-07-10Price change$514,000
2025-05-30Price change$529,000
2025-05-05Listed for sale$539,000

For Sale by Agent

AgentReed Raymond
BrokerageKeller Williams Realty East Idaho

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