Large Location Icon

638 E Observation Dr; Meridian, ID Property Details

638 E Observation Dr, Meridian, ID is a Single Family that was built in 2008. This property is currently Financed,Intra-Family and is not for sale. Our records show that 638 E Observation Dr has 6 bedrooms, and 5.5 bathrooms, and a total of 5,816 square feet. The lot size of 638 E Observation Dr is 15,856 square feet.

Off market
638 E Observation Dr Meridian, ID 83642
$487,000 Listing Price
6 Beds
5.5 Baths
5,816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2008
  • Purchase Price: $787,500
  • Open Loans / Balance: 1 / $446,871
  • Est. Equity / %: $610,129 / 57.72%
  • Gross Yield: 8.369%
  • APN: R6242270200
  • Situs County: Ada
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 5.5
  • Full Bathrooms: 5
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 5,816/SqFt
  • Lot: 15,856/SqFt
  • Gross: 7,859/SqFt
  • Garage: 1,451/SqFt
  • Living: 5,816/SqFt
  • Building: 7,267/SqFt
  • Ground: 3,541/SqFt
  • Price Per Square Foot: $135.40

Legal Description

  • Description: LOT 07 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: 43.57619 / -116.38642
  • Subdivision: Observation Point Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 410

Amenities

  • Plus Four: 4652
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 5

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

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

Taxes

638 E Observation Dr has 8 associated Taxes items

638 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 $1,285,900. The APN we've located for 638 E Observation Dr is R6242270200.

Unlock the full report
Taxes
  • Assessed Value:  $1,285,900
  • Assessed Year:  2026
  • Assessed County:  Ada
  • APN:  R6242270200
  • Tax Amount:  5499.3
  • Tax Year:  2025
  • Market Value:  1285900
  • Market Year:  2026

Tax History

638 E Observation Dr has 15 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,285,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,499.3 Change Rate +0.17696% Assessed CR Tax Rate
Year 2024 Assessed Value $1,063,600 Land Value Improvement Value Tax Amount $4,672.46 Change Rate -0.037606% Assessed CR Tax Rate +0.004393%
Year 2023 Assessed Value $1,028,300 Land Value Improvement Value Tax Amount $4,855.04 Change Rate -0.300229% Assessed CR Tax Rate +0.004721%
Year 2022 Assessed Value $1,431,900 Land Value Improvement Value Tax Amount $6,938.04 Change Rate -0.035132% Assessed CR Tax Rate +0.004845%
Year 2021 Assessed Value $1,138,100 Land Value Improvement Value Tax Amount $7,190.66 Change Rate +0.197852% Assessed CR Tax Rate +0.006318%
Year 2020 Assessed Value $820,200 Land Value Improvement Value Tax Amount $6,002.96 Change Rate -0.251442% Assessed CR Tax Rate +0.007319%
Year 2019 Assessed Value $841,500 Land Value Improvement Value Tax Amount $8,019.36 Change Rate +0.13867% Assessed CR Tax Rate +0.00953%
Year 2018 Assessed Value $703,300 Land Value Improvement Value Tax Amount $7,042.74 Change Rate +0.124981% Assessed CR Tax Rate +0.010014%
Year 2017 Assessed Value $615,200 Land Value Improvement Value Tax Amount $6,260.32 Change Rate +0.01561% Assessed CR Tax Rate +0.010176%
Year 2016 Assessed Value $575,200 Land Value Improvement Value Tax Amount $6,164.1 Change Rate Assessed CR Tax Rate +0.010716%
Year 2015 Assessed Value $553,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $6,525.3 Change Rate -0.022427% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $6,675 Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value $426,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate