NOT LISTED FOR SALE

1112 2nd Ave N Great Falls, MT 59401

Estimated Value: $228,000 - $317,000

3 Beds
3 Baths
2,158 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 12, 2024

Current estimated payment $1,587/month

83 Days on Market

Highlights

  • Laundry in multiple locations
  • Forced Air Heating System
  • Back Yard

About This Home

As of January 2024

Attention all Buyers! Sellers will be reviewing any and all offers on the morning of Friday December 8th 2023, please get your offer in asap this incredible investment opportunity is what you've been waiting for! Keep this nicely remodeled duplex for a good return on investment or convert back to a single family home OR combined the 2 options by living in one apartment while the other helps pay for the property! With a current 8% ROI it's a cake and eat it too opportunity that won't last long, sellers are motivated and cap rate is very good, numbers available to serious buyers. Step into a remodeled space upstairs including beautifully finished original hardwood flooring, large kitchen with beautiful cabinetry and lots of light from all the windows. There are 2 large bedrooms and a nice bath, the living room and dining room are warm and inviting. A beautiful set of french doors flank the living room and give an added bonus space for office or mudroom.The downstairs apartment is so light, bright and welcoming! It also has 2 bedrooms and there is a laundry room with a 1/4 bath adjacent to one of the bedrooms. There is an open floor concept between the kitchen and living room giving this apartment a spacious feel. Each apartment has their own private laundry and a large backyard for barbecues or gardening. The property is conveniently located near the Columbus Center and Paris Gibson. With the announcement of lower interest from Fannie Mae and Freddy Mac for multifamily 2-4 owner occupied, this may be a great opportunity, so don't hesitate on this one, it will go fast! Buyer to verify all info to their satisfaction.

Last Agent to Sell the Property

Kalie Evans

United Country RE / Legacy Realty and Auction, LLC License #RRE-BRO-LIC-83275 Listed on: 09/21/2023

Co-Listed By

Sasha Keller

United Country RE / Legacy Realty and Auction, LLC License #RRE-BRO-LIC-98873

Last Buyer's Agent

Faith Schmitz

ERA Lambros Real Estate Missoula License #RRE-RBS-LIC-108350

ERA Lambros Real Estate Missoula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1938

Lot Details

  • 7,492 Sq Ft Lot
  • Back Yard

Parking

  • Alley Access

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House
  • Oven or Range

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02301512133140000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1938
  • Directions: 1112 2nd Ave N
  • Listing I D: 30014169
  • Lot Size Acres: 0.172
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 542022906
  • Co List Office Phone: 406-868-8083
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Roof: Asphalt
  • Lot Features: Back Yard
  • View: Residential
  • Waterfront: No
  • Foundation Details: Poured
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Heating: Forced Air
  • Laundry Features: Washer Hookup, Multiple Locations, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7492.32
  • Parcel #: 02301512133140000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1015.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Schmitz Cameron and Schmitz Faith
Bought by
Pintler Property Holdings Llc
Total Days on Market
83
Current Estimated Value
$260,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jan 9, 2024
Sold by
Gierke Coby
Bought by
Schmitz Cameron and Schmitz Faith
Seller's Agent
Kalie Evans
United Country RE / Legacy Realty and Auction, LLC
Buyer's Agent
Faith Schmitz
ERA Lambros Real Estate Missoula
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$187,600
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2020
Closed on
Dec 14, 2020
Sold by
Monroe John David
Bought by
Gierke Coby
Seller's Agent
Marie Willson
HomeSmart Realty Partners
Buyer's Agent
Kalie Evans
United Country RE / Legacy Realty and Auction, LLC
List Price
$177,500
Sold Price
$177,515
Premium/Discount to List
$15
0.008%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$133,136
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2015
Closed on
Dec 7, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Monroe John David
Seller's Agent
Daniel Crawford
Keller Williams Northern MT
Buyer's Agent
Marie Willson
HomeSmart Realty Partners
Sold Price
$72,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%
Original Mortgage
$54,300
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 28, 2011
Sold by
Jayne Seth and Jayne Seth T
Bought by
Brus John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,107
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2010
Sold by
Jayne Stephanie
Bought by
Jayne Seth and Jayne Seth T

Purchase Details

Closed on
Jul 28, 2008
Sold by
Jayne Seth
Bought by
Jayne Seth and Jayne Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,930
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2008
Sold by
The Secretary Of Hud
Bought by
Jayne Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,930
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2008
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Mar 24, 2008
Sold by
Anderson Blake R
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 3, 2006
Sold by
Collins Lori M and Betts Lori M
Bought by
Anderson Blake R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,290
Interest Rate
6.36%
Mortgage Type
FHA
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
Pintler Property Holdings Llc -- None Listed On Document
Schmitz Cameron -- Chicago Title
Gierke Coby -- Legacy Title
Monroe John David -- Fatco
The Secretary Of Housing & Urban Develop -- None Available
Brus John M -- Chicago Title
Jayne Seth -- None Available
Jayne Seth -- Chicago Title
Jayne Seth -- Chicago Title Insurance Comp
The Secretary Of Hud -- None Available
Wells Fargo Bank N A -- First American Title Insuran
Anderson Blake R -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmitz Cameron $187,600
Previous Owner Gierke Coby $133,136
Previous Owner Monroe John David $54,300
Previous Owner Brus John M $121,107
Previous Owner Jayne Stephanie $100,800
Previous Owner Jayne Seth $75,930
Previous Owner Jayne Seth $75,930
Previous Owner Anderson Blake R $86,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold -- -- --
12/14/2023 12/14/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $300,000 0.0% $139 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $300,000 -3.2% $139 / Sq Ft
11/17/2023 11/17/23 Price Changed $310,000 -3.1% $144 / Sq Ft
10/09/2023 10/09/23 Price Changed $320,000 -8.6% $148 / Sq Ft
09/21/2023 09/21/23 For Sale $350,000 +97.2% $162 / Sq Ft
12/15/2020 12/15/20 Sold -- -- --
10/31/2020 10/31/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $177,500 0.0% $83 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $177,500 -- $83 / Sq Ft
12/08/2015 12/08/15 Sold -- -- --
12/08/2015 12/08/15 Off Market -- -- --
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
2024 $2,432 $221,300 $0 $0
2023 $2,380 $221,300 $0 $0
2022 $2,031 $167,600 $0 $0
2021 $1,772 $167,600 $0 $0
2020 $1,888 $150,800 $0 $0
2019 $1,806 $150,800 $0 $0
2018 $1,590 $128,400 $0 $0
2017 $1,175 $128,400 $0 $0
2016 $1,505 $137,500 $0 $0
2015 $1,336 $139,100 $0 $0
2014 $1,367 $63,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30014169

Montana Regional MLS

APN: 02-3015-12-1-33-14-0000