10 months on rocket

7975 S Old Farm Ln, Meridian, ID, 83642

$549,900

1.51 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #98881638
Lot Size1.51 Acres
StatusActive

About 7975 S Old Farm Ln

Wonderful 1.5 acres of land in the beautiful Iron Horse Estates! Enjoy amazing views, fresh air, open space and an elegant subdivision. BYO builder with no Timeline to build! All utilities, pressurized irrigation, city water, high-speed internet and a community sewer system are in place... no well or septic needed! Pools and RV garages allowed. This is an amazing opportunity to own the largest lot in Iron Horse. OWNER WILL CARRY WITH 40% DOWN BUT WILL BE IN FIRST POSITION ON LIEN AND PAYOFF TO BE IN 24 MONTHS.

Property Details

Property Features

Listing Office:

  • Office Name: Idaho Real Estate Company
  • Office Phone: (208) 465-9000
  • Listing Agent: Betty Lanum

Lot Features

Lot Information:

  • Lot: Sprinklers, Level, Views
  • Lot Size: 1.51 Acres

Other

Directions Information:

  • Directions: S on 10 mile, W on Columbia, N on Old Farm Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900

HOA Fees:

  • Amount: $800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,640
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$559.8K

Med. Price/SqFt

$273

Avg. Days On Market

57

7975 S Old Farm Ln vs Meridian

317 DAYS ON ROCKET

+260 Days

$549,900

-$9.9K Less

KEY TAKEAWAY

This property is $9.9K less than the Median List Price in Meridian, ID.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98881638

Listing Office:

  • Office Name: Idaho Real Estate Company
  • Office Phone: (208) 465-9000
  • Listing Agent: Betty Lanum

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: 5/5/2024, 5:20:35 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$2,640$288,400
2020$2,114$245,000
2019$43$210,000
2018$44$4,000
2017$44$4,000

History based on county public records data.

Payment Calculator

$2,878

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Nearby Schools

school-card-donut-6598761
9
/10
  • Silver Trail Elementary School

  • 2950 West Mason Creek Rd

  • 0.80 miles

  • Public District Grades KG-6

school-card-donut-6598762
3
/10
  • Crimson Point Elementary School

  • 1941 N Shayla Ave

  • 1.79 miles

  • Public District Grades PK-6

school-card-donut-6598763
2
/10
  • Reed Elementary School

  • 1670 N Linder Rd

  • 2.53 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,845. Most Meridian, ID residents have annual incomes between $35k-100k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7975 S Old Farm Ln

What is the listing price of this property?

The listing price of 7975 S Old Farm Ln property is $549,900.

What type of property is this?

The property 7975 S Old Farm Ln is land located in Meridian, Idaho, 83642.

Is this property for sale now?

Active Listing: 7975 S Old Farm Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,640 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7975 S Old Farm Ln is 1.51 acres.
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Rocket HomesIdahoAda CountyMeridian836427975 S Old Farm Ln

This home is located at 7975 S Old Farm Ln in Meridian, ID and zip code 83642. This home sits on a 1.51 acre lot. It has been listed on Rocket Homes since June 23, 2023 and is currently priced at $549,900.

The inventory of homes for sale in Meridian, ID between March 2024 and April 2024 increased by 37.2%. In April 2024 median list price was $559,833 and the average listing age was 57 days.

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

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