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492 E Observation Dr; Meridian, ID Property Details

492 E Observation Dr, Meridian, ID is a Single Family that was built in 2006. This property is currently Financed,Intra-Family and is not for sale. Our records show that 492 E Observation Dr has 5 bedrooms, and 2.5 bathrooms, and a total of 3,537 square feet. The lot size of 492 E Observation Dr is 14,505 square feet.

Off market
492 E Observation Dr Meridian, ID 83642
$756,300 Estimated Value
5 Beds
2.5 Baths
3,537 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2006
  • Purchase Price: $485,600
  • Open Loans / Balance: 1 / $339,551
  • Est. Equity / %: $517,449 / 60.38%
  • Gross Yield: 5.402%
  • APN: R6242270160
  • Situs County: Ada
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Very Good
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 3,537/SqFt
  • Lot: 14,505/SqFt
  • Gross: 4,432/SqFt
  • Garage: 895/SqFt
  • Living: 3,537/SqFt
  • Building: 4,432/SqFt
  • Ground: 1,838/SqFt
  • Price Per Square Foot: $137.29

Legal Description

  • Description: LOT 03 BLK 04 OBSERVATION POINT SUB
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Meridian Joint School District 2
  • Lat / Lon: 43.57653 / -116.38795
  • Subdivision: Observation Point Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 410

Amenities

  • Plus Four: 4650
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Name: Observation Point Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

492 E Observation Dr has no associated ownership info
492 E Observation Dr has no associated ownership info.

Taxes

492 E Observation Dr has 8 associated Taxes items

492 E Observation Dr, Meridian, ID pays taxes in Ada County, ID. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $756,300. The APN we've located for 492 E Observation Dr is R6242270160.

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Taxes
  • Assessed Value:  $756,300
  • Assessed Year:  2026
  • Assessed County:  Ada
  • APN:  R6242270160
  • Tax Amount:  2953.36
  • Tax Year:  2025
  • Market Value:  756300
  • Market Year:  2026

Tax History

492 E Observation Dr has 15 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $756,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,953.36 Change Rate +0.127891% Assessed CR Tax Rate
Year 2024 Assessed Value $651,000 Land Value Improvement Value Tax Amount $2,618.48 Change Rate -0.077311% Assessed CR Tax Rate +0.004022%
Year 2023 Assessed Value $653,000 Land Value Improvement Value Tax Amount $2,837.88 Change Rate -0.235353% Assessed CR Tax Rate +0.004346%
Year 2022 Assessed Value $824,100 Land Value Improvement Value Tax Amount $3,711.36 Change Rate -0.041963% Assessed CR Tax Rate +0.004504%
Year 2021 Assessed Value $670,800 Land Value Improvement Value Tax Amount $3,873.92 Change Rate +0.144478% Assessed CR Tax Rate +0.005775%
Year 2020 Assessed Value $506,100 Land Value Improvement Value Tax Amount $3,384.88 Change Rate -0.218532% Assessed CR Tax Rate +0.006688%
Year 2019 Assessed Value $500,500 Land Value Improvement Value Tax Amount $4,331.44 Change Rate +0.134336% Assessed CR Tax Rate +0.008654%
Year 2018 Assessed Value $427,100 Land Value Improvement Value Tax Amount $3,818.48 Change Rate +0.099622% Assessed CR Tax Rate +0.00894%
Year 2017 Assessed Value $382,500 Land Value Improvement Value Tax Amount $3,472.54 Change Rate +0.003746% Assessed CR Tax Rate +0.009079%
Year 2016 Assessed Value $364,400 Land Value Improvement Value Tax Amount $3,459.58 Change Rate Assessed CR Tax Rate +0.009494%
Year 2015 Assessed Value $351,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,515.38 Change Rate +0.146046% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,067.4 Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $272,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate