NOT LISTED FOR SALE

1016 8th Ave S Great Falls, MT 59405

Estimated Value: $269,000 - $299,000

-- Bed
-- Bath
2,880 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 09, 2022

Current estimated payment $1,589/month

11 Days on Market

Highlights

  • Fireplace
  • Wood Siding
  • Wall Furnace
  • Laundry Facilities

About This Home

As of February 2022

Remarks: Rental opportunity with lots of options - 4 unit complex with 2 bdrm, 1 bath units on main floor, 1 bdrm, 1 bath units in basement, newer sewer line, full city lot, fenced yard, convenient location. 2 gas meters and electric meters. Call Sharon Virgin/Jeremy Franks at 406-868-2014, or your real estate professional.

Last Agent to Sell the Property

Jeremy Franks

Dustin Young and Company License #RRE-RBS-LIC-62454 Listed on: 10/15/2021

Co-Listed By

Sharon Virgin

Dustin Young and Company License #RRE-BRO-LIC-10297

Last Buyer's Agent

Josh Lind

EXIT Realty Great Falls License #RRE-BRO-LIC-31994

EXIT Realty Great Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Few Trees

Home Design

  • Quadruplex
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • Fireplace
  • Basement
  • Interior Basement Entry
  • Oven or Range

Parking

  • Unpaved Parking
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Water Not Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities, exterior maintenance, snow removal
  • The owner pays for all utilities, exterior maintenance, snow removal
  • Assessor Parcel Number 02301512411110000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,836

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1927
  • Directions: Great Falls
  • Listing I D: 22116169
  • Lot Size Acres: 0.17
  • Lot Size: 0.17
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 542000165
  • Co List Office Phone: 406-216-3130
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Interior Entry
  • Interior Amenities: High Speed Internet
  • Appliances: Range, Refrigerator
  • Owner Pays: All Utilities, Exterior Maintenance, Snow Removal
  • Basement YN: Yes
  • Entry Location: Multi-Entry

Exterior Features

  • Roof: Metal
  • Lot Features: Few Trees
  • View: Residential
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Off Site, On Street, Unpaved

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Separate Meters, Water Not Available
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: Common Area
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 02301512411110000
  • Zoning Description: Multi family
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: All Utilities, Exterior Maintenance, Snow Removal

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1836.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 22, 2022
Sold by
Massimiliano Ricci
Bought by
Ruby Enterprises Llc
Seller's Agent
Jeremy Franks
Dustin Young and Company
Buyer's Agent
Josh Lind
EXIT Realty Great Falls
List Price
$198,000
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$138,750
Outstanding Balance
$128,683
Interest Rate
3.45%
Mortgage Type
Credit Line Revolving
Estimated Equity
$155,317

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 7, 2022
Sold by
Mason Walker
Bought by
Ricci Massimiliano and Ricci Ariel
Seller's Agent
Jeremy Franks
Dustin Young and Company
Buyer's Agent
Josh Lind
EXIT Realty Great Falls
List Price
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$128,683
Interest Rate
3.45%
Mortgage Type
Credit Line Revolving
Estimated Equity
$155,317

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 23, 2021
Sold by
Peterson Mark C and Peterson Carol
Bought by
Walker Mason
Seller's Agent
Sharon Virgin
Dustin Young and Company
Buyer's Agent
Jeremy Franks
Dustin Young and Company
List Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.64%
Original Mortgage
$105,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2021
Closed on
Apr 29, 2021
Sold by
Spencer Jamie K and Peterson Jamie K
Bought by
Peterson Mark C
Seller's Agent
Sharon Virgin
Dustin Young and Company
Buyer's Agent
Jeremy Franks
Dustin Young and Company
List Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Spencer Jamie K Peterson and Peterson Spencer Jamie
Bought by
Peterson Mark C and Peterson Carol
Source: Public Records

Range of Values:

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Average Value
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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
Ruby Enterprises Llc -- Montana Business Law Pllc
Ricci Massimiliano -- First American Title
Walker Mason -- First American Title
Peterson Mark C -- None Available
Peterson Mark C -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Massimiliano $138,750
Previous Owner Walker Mason $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold -- -- --
11/11/2021 11/11/21 For Sale $198,000 0.0% $69 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $198,000 +23.8% $69 / Sq Ft
06/24/2021 06/24/21 Sold -- -- --
05/07/2021 05/07/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $160,000 -- $56 / Sq Ft
Source: Montana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $1,010 $191,310 $0 $0
2024 $747 $205,100 $0 $0
2023 $2,227 $205,100 $0 $0
2022 $2,194 $183,100 $0 $0
2021 $2,169 $183,100 $0 $0
2020 $1,835 $145,900 $0 $0
2019 $1,755 $145,900 $0 $0
2018 $1,682 $137,300 $0 $0
2017 $1,257 $137,300 $0 $0
2016 $1,441 $130,580 $0 $0
2015 $1,255 $130,580 $0 $0
2014 $1,397 $65,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22116169

Montana Regional MLS

APN: 02-3015-12-4-11-11-0000