2 months on rocket

185 S Locust Grove Rd, Meridian, ID, 83642

$1,100,000

1.42 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #98923308
Lot Size1.42 Acres
StatusActive

About 185 S Locust Grove Rd

Extremely rare opportunity to develop over 1 acre of land in central meridian on arterial street! Tax incentivized opportunity zone parcel, street front to 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. 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 split level, dug out brick home and 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

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

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

$556.3K

Med. Price/SqFt

$272

Avg. Days On Market

66

185 S Locust Grove Rd vs Meridian

69 DAYS ON ROCKET

+3 Days

$1,100,000

+$543.6K More

KEY TAKEAWAY

This property is $543.6K more than the Median List Price in Meridian, ID.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98923308

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: 11/18/2024, 3:20:50 AM 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

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

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-709894
5
/10
  • Meridian Elementary School

  • 1035 W 1st St

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-709895
9
/10
  • Chief Joseph School of the Arts

  • 1100 E Chateau Dr

  • 1.59 miles

  • Public Magnet Grades PK-5

school-card-donut-709896
6
/10
  • River Valley Elementary School

  • 2900 E River Valley St

  • 1.91 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Living In Meridian, ID

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Meridian, ID?

Meridian's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a noticeable presence of modern and craftsman designs. Single-family homes are the most common, reflecting the area's family-friendly atmosphere. The homeownership rate in Meridian is robust, with a significant majority of residents owning their homes, while a smaller percentage are renters.

Is Meridian, ID a good place to live?

Meridian is celebrated for its welcoming community spirit and family-oriented lifestyle. The city prides itself on a blend of urban and suburban qualities, with a variety of parks and recreational areas contributing to its appealing character. Annual events and local festivals highlight the city's cultural identity and bring residents together in celebration of their community.

Are things conveniently located in Meridian, ID?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare facilities are available to meet the needs of residents, including urgent care centers and primary care clinics. The public library system in Meridian is active, providing resources and programs for lifelong learning. Retail and dining options are plentiful, with establishments ranging from local favorites to national chains, reflecting the tastes and culture of the area.

What does the transportation in Meridian, ID look like?

Transportation in Meridian includes a mix of private and public transit options, with a focus on convenience for its residents. The area is designed to be navigable by car, with a network of roads and highways that connect to nearby cities and amenities. Public transportation is available, with schedules designed to accommodate the commuting patterns of residents. The city is also making strides to improve walkability and bikeability in certain areas, enhancing the overall accessibility of the community.

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 $1,100,000.

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 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 September 09, 2024 and is currently priced at $1,100,000.

The number of homes for sale in Meridian, ID increased by 49.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $556,395, while the average time on the real estate market was 66 days.

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

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