NOT LISTED FOR SALE

Estimated Value: $1,169,000 - $1,535,433

96 Beds
48 Baths
5,184 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 29, 2020

Current estimated payment $8,661/month

392 Days on Market

Highlights

  • 0.3 Acre Lot
  • Hellgate High School Rated A-
  • Hot Water Heating System

About This Home

As of July 2020

Remarks: Two remodeled from top to bottom 4-plex's. All 8 units are 1 bed/1 bath. All 8 units have been remodeled inside and out and look fabulous. Including new decking and stairways. 100% occupancy with excellent rental history centrally located in Missoula. Heat is supplied by a central boiler system. One site laundry facility. Call Jessie Eagen at (406) 542-1811, or your real estate professional, to schedule a viewing.

Last Agent to Sell the Property

Jessie Eagen

Eagen Real Estate License #RRE-BRO-LIC-8043 Listed on: 05/09/2019

Last Buyer's Agent

Aaron Gingerelli

Mountain Real Estate, Inc License #RRE-BRO-LIC-44748

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,459

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Few Trees

Parking

  • Paved Parking

Home Design

  • 5,184 Sq Ft Home
  • Poured Concrete
  • Wood Frame Construction
  • Composition Roof

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Water Not Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 04220029149110000

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,459

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1997
  • Directions: From downtown Missoula, head west on Broadway St, Turn left onto Orange St, Turn right onto S 5th St W, Turn left onto S Russell St, Turn right onto S 10th St W, apartment will be on left.
  • Listing I D: 21906510
  • Lot Size Acres: 0.3
  • Lot Size: 0.30
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Entry Location: Multi-Entry

Exterior Features

  • Roof: Composition
  • Lot Features: Few Trees
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Sewer Available, Water Not Available
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 04220029149110000
  • Zoning Description: RM1-45
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11459.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 28, 2020
Sold by
Shoup Michael W and Shoup Luanne N
Bought by
Two Nephews Acquisitions Llc
Seller's Agent
Jessie Eagen
Eagen Real Estate
Buyer's Agent
Aaron Gingerelli
Mountain Real Estate, Inc
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%
Total Days on Market
392
Current Estimated Value
$1,352,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,217
Avg. Annual Appreciation
5.41%
Original Mortgage
$568,000
Outstanding Balance
$333,317
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$881,514

Purchase Details

Closed on
Nov 1, 2018
Sold by
Allen Kenneth W and Allen Susan K
Bought by
Shoup Michael W and Shoup Luanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Two Nephews Acquisitions Llc -- Insured Titles Llc
Shoup Michael W -- Insured Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Nephews Acquisitions Llc $568,000
Previous Owner Shoup Michael W $547,500
Previous Owner Allen Kenneth W $800,000
Previous Owner Allen Kenneth W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold -- -- --
06/04/2020 06/04/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $975,000 0.0% $188 / Sq Ft
05/11/2020 05/11/20 Price Changed $975,000 +0.6% $188 / Sq Ft
05/01/2020 05/01/20 Off Market -- -- --
03/16/2020 03/16/20 For Sale $969,000 0.0% $187 / Sq Ft
01/23/2020 01/23/20 Off Market -- -- --
10/17/2019 10/17/19 Price Changed $969,000 -0.6% $187 / Sq Ft
07/30/2019 07/30/19 For Sale $975,000 0.0% $188 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $975,000 -7.1% $188 / Sq Ft
05/09/2019 05/09/19 Price Changed $1,050,000 -30.0% $203 / Sq Ft
05/09/2019 05/09/19 Price Changed $1,500,000 +42.9% $289 / Sq Ft
05/09/2019 05/09/19 For Sale $1,050,000 -- $203 / 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
2024 $13,197 $1,084,500 $316,160 $768,340
2023 $12,706 $1,084,500 $316,160 $768,340
2022 $11,041 $817,700 $0 $0
2021 $9,933 $817,700 $0 $0
2020 $9,354 $714,800 $0 $0
2019 $9,323 $714,800 $0 $0
2018 $11,460 $854,300 $0 $0
2017 $10,237 $854,300 $0 $0
2016 $9,562 $757,900 $0 $0
2015 $8,834 $757,900 $0 $0
2014 $7,549 $364,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 21906510

Montana Regional MLS

APN: 04-2200-29-1-49-11-0000