Active

Price cut: $55K (6/29)

$1,295,000

500 E Victory Rd, Meridian, ID 83642

3beds

2baths

1,420sqft

$7,442/mo

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Single Family Residence

Built in 2004

2.03 Acres Lot

$1,241,200 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.

96 days

558

10

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

$1,241,200

$1.18M - $1.30M

$2,133/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

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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