NOT LISTED FOR SALE

1418 Mae St Bozeman, MT 59715

Estimated Value: $538,000 - $1,624,714

3 Beds
3 Baths
1,472 Sq Ft
$631/Sq Ft Est. Value

Last Sold May 25, 2023

Current estimated payment $5,900/month

146 Days on Market

Highlights

  • Deck
  • Lawn
  • Balcony
  • Chief Joseph Middle School Rated A-
  • Covered patio or porch
  • 5-minute walk to Walton Homestead Park

About This Home

As of May 2023

Great investment property in the heart of Bozeman. 1450 Mae is in the process of getting remodeled - creating a situation where an owner could potentially live in the newly remodeled unit while receiving monthly income in rent for the other three units. This fourplex has more amenities than most units at this price range with gas fireplaces in the end units, private backyard areas, and attached garages. Each unit has some new upgrades. Located behind Bozeman High, this fourplex is centrally located to downtown/Main Street as well as close to the N. 19th shopping areas. Showing depends on renovation timeline for 1450 Mae as well as tenant availability.

Last Agent to Sell the Property

Ellie Higgins

America West Real Estate & Dev License #RBS-99567 Listed on: 11/04/2022

Co-Listed By

Colleen O'Quinn

America West Real Estate & Dev License #RBS-31387

Last Buyer's Agent

Jackie Miller

PureWest Real Estate Big Sky License #BRO-12128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,122

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Lawn

HOA Fees

  • $528 Monthly HOA Fees

Home Design

  • Quadruplex
  • Asphalt Roof

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Parking

  • Garage
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Association fees include road maintenance, sewer, snow removal, water
  • 4 Units
  • Built by Parks Angel Construction
  • Walton Homestead Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, insurance, minor interior maintenance, taxes, trash collection, water
  • Assessor Parcel Number RGG50265, RGG50264, RGG50263, RGG50262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,122

Year Built

Built in 2005

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Prop. Type: Residential Income
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type: Quadruplex
  • ResoPropertySubType: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Fireplace, Walk-In Closet(s)
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Dryer, Washer

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: None
  • Waterfront: No
  • Builder Name: Parks Angel Construction
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway, Landscaping
  • Patio And Porch Features: Balcony, Covered, Deck, Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Common, Garage
  • Garage Yn: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Security Lights
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Fee: 528.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Road Maintenance, Sewer, Snow Removal, Water

Lot Info

  • Lot Features: Lawn, Landscaped
  • Additional Parcels Description: 1418: RGG50265 1422: RGG50264 1434: RGG50263 1450: RGG50262
  • Parcel #: RGG50265, RGG50264, RGG50263, RGG50262
  • Zoning Description: NONE - None/Unknown

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Insurance, Minor Interior Maintenance, Taxes, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 11122.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jun 2, 2023
Sold by
Mintz Brian
Bought by
Clr Investments Lp
Seller's Agent
Ellie Higgins
America West Real Estate & Dev
Buyer's Agent
Jackie Miller
PureWest Real Estate Big Sky
List Price
$1,975,000
Views
152
Current Estimated Value
$928,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.38%
Original Mortgage
$268,750
Outstanding Balance
$262,844
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$640,306

Purchase Details

Listed on
Nov 4, 2022
Closed on
May 24, 2023
Sold by
Ruby River Trust
Bought by
Mintz Brian and Mintz Faith
Seller's Agent
Ellie Higgins
America West Real Estate & Dev
Buyer's Agent
Jackie Miller
PureWest Real Estate Big Sky
List Price
$1,975,000
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,750
Outstanding Balance
$262,844
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$640,306

Purchase Details

Closed on
Dec 22, 2021
Sold by
Ceg Llc
Bought by
Higgins Ellie Macdougall and Ruby River Trust

Purchase Details

Closed on
Apr 8, 2008
Sold by
Higgins Cory and Higgins Gretchen
Bought by
Ceg Llc

Purchase Details

Closed on
Nov 15, 2005
Sold by
Canvasback Ventures Llc
Bought by
Higgins Cory and Higgins Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac
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
Clr Investments Lp -- None Listed On Document
Mintz Brian -- Chicago Title
Higgins Ellie Macdougall -- None Available
Ceg Llc -- None Available
Higgins Cory -- Insured Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mintz Brian $268,750
Previous Owner Higgins Cory $147,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold -- -- --
03/31/2023 03/31/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $1,800,000 -8.9% $1,223 / Sq Ft
11/04/2022 11/04/22 For Sale $1,975,000 -- $1,342 / Sq Ft
Source: Big Sky Country 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 $3,427 $514,800 $0 $0
2023 $3,317 $514,800 $0 $0
2022 $2,720 $354,700 $0 $0
2021 $2,749 $354,700 $0 $0
2020 $2,596 $303,500 $0 $0
2019 $2,655 $303,500 $0 $0
2018 $2,170 $229,800 $0 $0
2017 $2,029 $229,800 $0 $0
2016 $1,858 $196,600 $0 $0
2015 $1,860 $196,600 $0 $0
2014 $2,013 $125,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Big Sky Country MLS

MLS Number: 378952

Big Sky Country MLS

APN: 06-0798-01-3-64-15-5004