NOT LISTED FOR SALE

225 E King St Meridian, ID 83642

Northeast Meridian Neighborhood

Estimated Value: $579,000 - $821,570

0.13 Acre
$5,458,792 Price per Acre
5,663 Sq Ft Lot

Last Sold February 28, 2023

Current estimated payment $3,995/month

86 Days on Market

About This Lot

As of February 2023

This fully permitted duplex is located in downtown Meridian in an opportunity zone! The tax benefits of these zones are AMAZING. Each unit is designed as a 3/2.5 with just under 1500 sqft. These two-level side-by-side units are able to be separately sold with individual lot lines, and appropriately rated building code requirements. The buyer is responsible to coordinate with the builder on moving forward after the closing of the sale.

Last Agent to Sell the Property

Eric Giovannucci

Silvercreek Realty Group Listed on: 11/01/2022

Silvercreek Realty Group

Last Buyer's Agent

Eric Giovannucci

Silvercreek Realty Group Listed on: 11/01/2022

Silvercreek Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $625

Lot Details

  • 5,663

Schools

  • Meridian Elementary School
  • Meridian Middle School
  • Meridian High School

Additional Features

  • 5,663 Sq Ft Lot
  • The property is located in a historic district
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number R1042000155

Property Details

Property Type

Land

Est. Annual Taxes

$625

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: None

Utilities

  • Water Source: City Service
  • Utilities: Electricity Available, Natural Gas Connected, Phone Connected

Schools

  • Elementary School: Meridian
  • Junior High Dist: West Ada School District
  • High School: Meridian
  • Middle Or Junior School: Meridian Middle

Lot Info

  • Lot Features: Sm Lot 5999 SqFt
  • Parcel Number: R1042000155
  • Current Use: Single Family, 2-4 Units, Condo/Townhouse, Other, Historic District
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: O-T
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 624.58

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Woolf Larry and Woolf Barbara
Bought by
Treasure Valley Home Solutions Llc
Current Estimated Value
$709,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Gregory Steven G
Bought by
Woolf Larry

Purchase Details

Closed on
Jun 9, 2011
Sold by
Gregory Home Rentals Llc
Bought by
Phoenix West Inc

Purchase Details

Closed on
Mar 24, 2009
Sold by
Gregory Steven G
Bought by
Gregory Home Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Treasure Valley Home Solutions Llc -- Pioneer Title Co Of Ada Cnty
Woolf Larry $8,000 Titleone Boise
Phoenix West Inc -- None Available
Gregory Home Rentals Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Treasure Valley Home Solutions Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold -- -- --
01/26/2023 01/26/23 Pending -- -- --
11/01/2022 11/01/22 For Sale $199,000 -- $250 / Sq Ft
Source: Intermountain MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,635 $731,300 -- --
2024 $704 $730,200 -- --
2023 $704 $130,900 $0 $0
2022 $654 $123,200 $0 $0
2021 $625 $88,000 $0 $0
2020 $606 $72,700 $0 $0
2019 $657 $60,700 $0 $0
2018 $585 $50,100 $0 $0
2017 $596 $48,300 $0 $0
2016 $567 $44,200 $0 $0
2015 $261 $34,500 $0 $0
2012 -- $31,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Giovannucci

    Seller's Agent in 2023

    Eric Giovannucci

    Silvercreek Realty Group

    (907) 691-6638

    2 in this area

    77 Total Sales

    Eric Giovannucci
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Map

Source: Intermountain MLS

MLS Number: 98862489

Intermountain MLS

APN: R1042000155

Idaho Ada County Meridian 83642 Northeast Meridian

225 E King St, Meridian, ID

Not Listed for Sale

Lots

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