2 months on rocket

185 S Locust Grove Rd, Meridian, ID, 83642

$1,360,000

1.42 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #98900578
Lot Size1.42 Acres
StatusActive

About 185 S Locust Grove Rd

Extremely rare opportunity to develop over 1 acre of land ON AN ARTERIAL ROAD in central meridian! This tax incentivized opportunity zone location has a remarkable STREET FRONT exposure on Locust Grove; just south of the Franklin intersection. 1.42 Premium, High-Exposure Acres. Currently zoned RUT, choice is yours where to seek new zoning. Future Land Use map indicates MU-C (See cut sheet in Docs for examples). Zoning directly north is R-40; south and west is Light Industrial. NO CC&Rs, NOT annexed into the city. Stubbed for public utilities. 2.5 miles to The Village, 2.3 miles to I-84 on/off ramp, 1.5 miles to downtown Meridian.This property includes a 2552sf home with interior remodeling done in 2021. Also on property is a 20x30 insulated shop. Check docs for more information on incredible Opportunity Zone tax incentives for developers, as well as information on current and FLUM zoning.

Property Details

Property Features

Listing Office:

  • Office Name: Silvercreek Realty Group
  • Office Phone: (208) 377-0422
  • Listing Agent: Lynzey Uechi

Lot Features

Lot Information:

  • Lot Size: 1.42 Acres

School Info

Assigned Schools Information:

  • Meridian High School, Public District Grades 9-12
  • Meridian Middle School, Public District Grades 6-8
  • Meridian Elementary School, Public District Grades PK-5
  • Eliza Hart Spalding STEM Academy, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: South on Locust grove, passed Franklin intersection, right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,360,000

Tax Information:

  • Annual Amount: $2,038
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Meridian, ID.

Med. List Price

$424.9K

Med. Price/SqFt

$207

Avg. Days On Market

1276

185 S Locust Grove Rd vs Meridian

73 DAYS ON ROCKET

-1203 Days

$1,360,000

+$935K More

KEY TAKEAWAY

This property is $935K more than the Median List Price in Meridian, ID.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98900578

Listing Office:

  • Office Name: Silvercreek Realty Group
  • Office Phone: (208) 377-0422
  • Listing Agent: Lynzey Uechi

IDXListings with this icon are © 2024 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: 4/29/2024, 6:25:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,038$560,100
2020$2,258$382,200
2019$2,063$352,900
2018$1,880$304,600
2017$1,880$274,400

History based on county public records data.

Payment Calculator

$6,855

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,144

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3261738
5
/10
  • Meridian Elementary School

  • 1035 W 1st St

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-3261739
10
/10
  • Eliza Hart Spalding STEM Academy

  • 12311 W Braddock Dr

  • 1.93 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3261740
4
/10
  • Meridian Middle School

  • 1507 W 8th St

  • 1.75 miles

  • Public District Grades 6-8

High School

school-card-donut-3261741
4
/10
  • Meridian High School

  • 1900 W Pine Ave

  • 2.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,280. The majority of Meridian, ID residents have income between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 185 S Locust Grove Rd

What is the listing price of this property?

The listing price of 185 S Locust Grove Rd property is $1,360,000.

What type of property is this?

The property 185 S Locust Grove Rd is land located in Meridian, Idaho, 83642.

Is this property for sale now?

Active Listing: 185 S Locust Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 185 S Locust Grove Rd are:
Meridian Elementary School: GreatSchools Rating 5/10
Eliza Hart Spalding STEM Academy: GreatSchools Rating 10/10
Meridian Middle School: GreatSchools Rating 4/10
Meridian High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,038 (source: MLS/based on county public records data).

How much acreage is this property?

The property 185 S Locust Grove Rd is 1.42 acres.
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Rocket HomesIdahoAda CountyMeridian83642185 S Locust Grove Rd

This home is located at 185 S Locust Grove Rd in Meridian, ID and zip code 83642. This home sits on a 1.42 acre lot. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $1,360,000.

The inventory of homes for sale in Meridian, ID between February 2024 and March 2024 increased by 0.6%. The median list price of listings available in March 2024 was $424,902, while the average time on the real estate market was 1,276 days.

From Rocket Homes Real Estate and based on county public records data.

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