Active

Price cut: $55K (6/29)

$1,295,000

500 E Victory Rd, Meridian, ID 83642

3beds

2baths

1,420sqft

$7,781/mo

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Single Family Residence

Built in 2004

2.03 Acres Lot

$1,244,500 Zestimate^®

$912/sqft

$-- HOA

What's special

Don’t miss this rare chance to own 2.03 acres in the heart of Meridian city limits! This 1,420 sq ft home offers 3 bedrooms, 2 bathrooms, and a 2-car garage, with full city utilities including water and sewer. With two parcels and R4 zoning (up to 4 units per acre), this property is packed with potential, ideal for development, investment, or creating your own private retreat.

142 days
425
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater, Dishwasher, Disposal

Features

Bath-Master, Split Bedroom, Great Room, Breakfast Bar, Laminate Counters, Number of Baths Main Level: 2
Flooring: Carpet
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,420
Total interior livable area: 1,420 sqft
Finished area above ground: 1,420
Finished area below ground: 0

Property

Parking

Total spaces: 430
Parking features: Attached, RV Access/Parking, Driveway
Attached garage spaces: 430
Has uncovered spaces: Yes

Features

Levels: One
Fencing: Partial,Wire

Lot

Size: 2.03 Acres
Dimensions: 310 x 460
Features: 1 - 4.99 AC, Garden, Irrigation Available, Sidewalks, Flood Plain, Auto Sprinkler System, Full Sprinkler System, Irrigation Sprinkler System

Details

Parcel number: R6242270030

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stone, Vinyl Siding
Roof: Composition

Condition

Year built: 2004

Utilities & green energy

Water: Public
Utilities for property: Sewer Connected, Cable Connected

Community & HOA

Community

Subdivision: Observation Pt

Location

Region: Meridian

Financial & listing details

Price per square foot: $912/sqft
Tax assessed value: $603,800
Annual tax amount: $2,721
Date on market: 4/24/2026
Listing terms: Cash,Conventional
Ownership: Fee Simple

Estimated market value

$1,244,500

$1.18M - $1.31M

$2,290/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$2,610 -12.9%	$603,800 +15.2%
2024	$2,998 -8.2%	$524,300 -6%
2023	$3,265 +3.3%	$557,800 -9.3%
2022	$3,162 +9.5%	$615,000 +38%
2021	$2,888 -16%	$445,500 +28.6%
2020	$3,439 +10.1%	$346,500 +9%
2019	$3,125 +11.6%	$318,000 +18.8%
2018	$2,800 +101.8%	$267,700 +18%
2017	$1,388	$226,900 +4.9%
2016	$1,388	$216,300 +5.1%
2015	$1,388 +14.1%	$205,800 +35.8%
2012	$1,217 -39.5%	$151,600 +3.1%
2011	$2,012 +2.6%	$147,000 -2.7%
2010	$1,960	$151,100 -12.7%
2009	--	$173,000 -29%
2007	--	$243,700 +27.5%
2006	--	$191,200 +88.9%
2003	--	$101,200 -90%
2002	$6,460 +807.2%	$1,013,200 +872.4%
2001	$712	$104,200