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Sale of this Meridian home, bought 3 years ago for $500K, shows how bananas market is John Sowell, The Idaho Statesman
Feb. 13 When a home down the road from Kelcie Moseley recently sold, the Meridian woman was shocked.
She s watched as home prices have steadily risen the past few years as demand soared and supply dwindled, bringing record high prices in Ada County. But she wasn t prepared for the amount the buyer paid for the six-bedroom, 3,790-square-foot house on the backside of Keith Bird Legacy Park and down the street from the new Meridian Costco.
$1.05 million.
That s more than double what Moseley paid for her 2,200-square-foot house a year ago. And nearly double the $534,000 the sale house in the Bainbridge Park subdivision was assessed for by the Ada County Assessor s Office.