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492 e Observation Dr, Meridian, ID 83642

$820,000

Last sold date unavailable

  • 5

    bed

  • —

    bath

  • 3,537

    Sqft ($237/Sqft)

House not for sale
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About 492 e Observation Dr

Property type House
Neighborhood
Year built 2006
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Rental estimate
Property description
This 5-bedroom single-family home is located at 492 e Observation Dr, Meridian, ID, 83642, in the Southeast Meridian neighborhood in Ada County and was built in 2006. This home offers 3,537 square feet of living space on a 14,505 sq ft lot. The estimated market value is $820,000, approximately $232 per square foot.
$820K
Range: $688K-$951K
Last 30 days 
Rental est.: $7,751/month
Gross rent multiplier: 9.0 - Good
  • Year Property taxes Tax assessment
  • 2024
    $2,618 -7.7%
    $780,300 +19.86%
  • 2023
    $2,838 -23.5%
    $651,000 -21.0%
  • 2022
    $3,711 -4.2%
    $824,100
  • 2021
    $3,874 +14.4%
    $824,100 +22.85%
  • 2020
    $3,385 -21.9%
    $670,800 +32.54%
  • 2019
    $4,331 +13.4%
    $506,100 +1.12%
  • 2018
    $3,818 +9.6%
    $500,500 +17.19%
  • 2017
    $3,486 +0.7%
    $427,100 +11.66%
  • 2016
    $3,460 -1.6%
    $382,500 +8.79%
  • 2014
    $3,515
    $351,600
  • 492 e Observation Dr
    $837K
  • Southeast Meridian
    $596K 0% y/y
  • 83642
    $586K +12% y/y
  • Meridian
    $590K +4% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
548 E Observation Dr, Meridian, ID 83642 $802,000 5/— 2,872 0.02
470 E Observation Dr, Meridian, ID 83642 $966,000 3/3 4,314 0.02
537 E Forest Ridge Dr, Meridian, ID 83642 $882,000 5/— 3,039 0.03
481 E Forest Ridge Dr, Meridian, ID 83642 $737,000 4/— 2,086 0.03
448 E Observation Dr, Meridian, ID 83642 $762,000 4/3 2,792 0.04
553 E Forest Ridge Dr, Meridian, ID 83642 $936,000 6/3 4,037 0.04
574 E Observation Dr, Meridian, ID 83642 $860,000 4/— 3,489 0.04
500 E Victory Rd, Meridian, ID 83642 $1,127,000 3/2 1,420 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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10/10
Siena Elementary
public Grades PK, K-5
Joint School District No. 2
8/10
Victory Middle School
public Grades 6-8
Joint School District No. 2
6/10
Mountain View High School
public Grades 9-12
Joint School District No. 2
Source: GreatSchools.org © 2026. All rights reserved.

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