5150 W Cherry Ln , Meridian, ID 83642
$1,695,000
Est. Payment: $3,766.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 50
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11299 - 556237
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House Description

Calling all builders and land bankers! Here is a great piece of flat land, right in the path of development! It is now county land, but adjacent to Meridian and eligible to be annexed to the city. In Meridian's future land use plan, it is zoned medium density residential. The home on the property is currently leased with monthly rent of $ 2425/month. The tenants would like to stay. Please do not enter property or disturb tenants. Drive by only. Access to property and home with accepted offer. The home is 2780 square feet, with 5 bedrooms and 3 baths, according to public records. It was originally built in 1895 (!), but had a lot of work done to it in 1999, and was updated again in 2020, with new paint, new carpets, and updates to the kitchen and one bath.

Highlights

Listed by Len Levitt , 208-995-5359 Boise Premier Real Estate , 208-639-0656.

Property Type

Vacant Land

Lot/Acreage
4.9

County

Ada

Neighborhood

0 Not Applic.

School District

West Ada School District

Listing ID

98994078

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:1 Acre - 4.99 Acres,Irrigation,Natural Gas Not Available,2-5 Acres
Zoning:RUT
Principal Interest
$3,767
Taxes
$182

Home Price

$1,695,000

Loan Details

30 yrs
%

Down Payment

20%
$339,000
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Monthly Price:
$3,766.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,766.67 $181.50 $0.00 $3,948.17
Yearly $45,200.00 $2,178.00 $0.00 $47,378.00
Total $1,356,000.00 $65,340.00 $0.00 $1,421,340.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Meridian, ID).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.