NOT LISTED FOR SALE

1603 8th Ave E Kalispell, MT 59901

Estimated Value: $556,000 - $827,000

6 Beds
3 Baths
2,944 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $4,044/month

33 Days on Market

Highlights

  • Views of Trees
  • Garage
  • Wood Siding
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2022

Remarks: Triplex with great cap rate. A 2,944 sq. ft. split-entry house with: a 3BR/1 full bath unit that includes a 1-car garage, small deck leading to private fenced yard, a 1BR & 3/4 bath unit on upper level, and then a 2BR/1 full bath unit on lower level with 1-car garage and own private fenced yard. Park-like setting in rear yard which could be split off & have a duplex built. Backyard improved w/ new sod, sprinklers, fencing, and the drainage was fixed. Back & south side of house has new siding & paint. A second new water heater added in 2020, all decking is new, & 2BR unit has new flooring & updated electrical. Two septics on property that have both been serviced but there are no public records. Call Raegan Rascoe at 406-249-0954 or your real estate professional for more information.

Last Listed By

David Heine

David J. Heine & Assoc.,LLC License #RRE-BRO-LIC-99754 Listed on: 03/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1961

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Triplex
  • Poured Concrete
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,944 Sq Ft Home
  • Window Treatments
  • Views of Trees
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Not Available
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for all utilities, trash collection
  • The owner pays for all utilities, trash collection
  • Assessor Parcel Number 07396617312210000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,716

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1961
  • Directions: S on Main; Left on 8th St E; Right on 8th Ave E to sign on left.
  • Listing I D: 22202064
  • Lot Size Acres: 0.51
  • Lot Size: 0.51
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Interior Amenities: High Speed Internet
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Owner Pays: All Utilities, Trash Collection
  • Basement YN: Yes
  • Entry Location: Split Entry
  • Window Features: Window Treatments

Exterior Features

  • Roof: Composition
  • Lot Features: Few Trees, Level
  • Topography: Level
  • View: Residential, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete, Wood Siding, Wood Frame
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Garage, On Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Not Available
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: District No. 5

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Parcel #: 07396617312210000
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: All Utilities, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2716.08

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 3350.0
  • Annual Operating Expense: 775.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Avrick Michael G
Bought by
Michael G Avrick Revocable Trust and Avrick
Total Days on Market
33
Current Estimated Value
$666,901

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 29, 2022
Sold by
Heine Tyler J
Bought by
Avrick Michael G
Seller's Agent
David Heine
David J. Heine & Assoc.,LLC
Buyer's Agent
Derek Blanchard
Big Sky Properties of Montana, Inc.
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
May 10, 2019
Closed on
Dec 27, 2019
Sold by
Hahn Dylan and Hahn Stella M
Bought by
Heine Tyler J
Seller's Agent
Randy Moore
eXp Realty - Kalispell
Buyer's Agent
David Heine
David J. Heine & Assoc.,LLC
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.82%
Original Mortgage
$225,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2017
Sold by
Evergreen Complex Llc
Bought by
Hahn Dylan and Hahn Stella M

Purchase Details

Listed on
Nov 8, 2016
Closed on
Dec 22, 2016
Sold by
The Bank Of New York Mellon
Bought by
Evergreen Complex Llc
Seller's Agent
Randy Moore
eXp Realty - Kalispell
Buyer's Agent
Randy Moore
eXp Realty - Kalispell
List Price
$224,900
Sold Price
$204,500
Premium/Discount to List
-$20,400
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Jan 9, 2006
Sold by
Hoerner David J
Bought by
Rose Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.32%
Mortgage Type
New Conventional

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
Michael G Avrick Revocable Trust -- None Listed On Document
Avrick Michael G -- None Listed On Document
Heine Tyler J -- Fidelity Natl Ttl Co Of Flat
Hahn Dylan -- First American Title Company
Evergreen Complex Llc $204,500 Title 365
Rose Carol S -- Citizens Title And Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heine Tyler J $225,000
Previous Owner Rose Carol S $223,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold -- -- --
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $650,000 -3.7% $221 / Sq Ft
02/28/2022 02/28/22 For Sale $675,000 +105.2% $229 / Sq Ft
01/02/2020 01/02/20 Sold -- -- --
05/10/2019 05/10/19 For Sale $329,000 +53.1% $100 / Sq Ft
12/29/2016 12/29/16 Sold -- -- --
12/13/2016 12/13/16 Off Market -- -- --
12/12/2016 12/12/16 Pending -- -- --
11/15/2016 11/15/16 Price Changed $214,900 -4.4% $66 / Sq Ft
08/09/2016 08/09/16 For Sale $224,900 -- $69 / 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 $3,952 $601,500 $0 $0
2023 $3,962 $601,500 $0 $0
2022 $2,689 $298,600 $0 $0
2021 $2,716 $298,600 $0 $0
2020 $2,552 $279,300 $0 $0
2019 $2,082 $226,870 $0 $0
2018 $2,084 $217,800 $0 $0
2017 $1,881 $227,000 $0 $0
2016 $2,029 $234,400 $0 $0
2015 $2,057 $234,400 $0 $0
2014 $2,074 $142,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22202064

Montana Regional MLS

APN: 07-3966-17-3-12-21-0000