NOT LISTED FOR SALE

1608 W Olive St Bozeman, MT 59715

Estimated Value: $1,159,000 - $1,455,000

4 Beds
1 Bath
2,560 Sq Ft
$511/Sq Ft Est. Value

Last Sold December 11, 2015

Current estimated payment $8,132/month

208 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Sacajawea Middle School Rated A

About This Home

As of December 2015

A great investment opportunity with this south side fourplex located near MSU. This is one of two available fourplexes next door to each other in the desirable south of main area close to campus. Each unit boasts a spacious and open living/dining/kitchen area. Take advantage of the thriving Bozeman rental market. Great rental history.

Last Agent to Sell the Property

John Angst

Vellinga Real Estate License #RBS-31730 Listed on: 04/16/2015

Co-Listed By

Cory Vellinga

Vellinga Real Estate License #BRO-6680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 1987

Lot Details

  • 0.58

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Crawl Space

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Richards Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 000RGG3238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,550

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type: Quadruplex
  • ResoPropertySubType: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1987
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 000RGG3238
  • Zoning Description: R4 - Residential High Density

Rental Info

  • Tenant Pays: All Utilities
  • Lease Considered: No

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Dec 10, 2015
Sold by
Waller Investment Properties Llc
Bought by
Johnsen Brock A
Seller's Agent
John Angst
Vellinga Real Estate
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Total Days on Market
208
Current Estimated Value
$1,307,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,000
Avg. Annual Appreciation
16.83%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Waller Investment Properties Llc
Bought by
Waller David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2006
Sold by
Ferraro Sandy J and Ferraro Joan M
Bought by
Waller David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
1.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Johnsen Brock A -- First American Title Company
Waller David -- None Available
Waller David A -- Stewart Title Of Bozeman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3G Properties Llc $125,000
Previous Owner Waller David $251,100
Previous Owner Waller David $263,700
Previous Owner Waller David $270,000
Previous Owner Waller David A $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold -- -- --
11/11/2015 11/11/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $399,000 -- $156 / 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 $9,550 $1,434,600 $0 $0
2023 $12,463 $1,937,100 $0 $0
2022 $3,378 $440,600 $0 $0
2021 $3,728 $440,600 $0 $0
2020 $2,958 $346,000 $0 $0
2019 $3,025 $346,000 $0 $0
2018 $3,102 $328,800 $0 $0
2017 $2,900 $328,800 $0 $0
2016 $3,092 $327,600 $0 $0
2015 $2,210 $233,700 $0 $0
2014 $2,348 $146,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Angst

    Vellinga Real Estate

    (406) 551-3579

    44 Total Sales

    John Angst
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Cory Vellinga

    Vellinga Real Estate

    (406) 220-1900

    42 Total Sales

    Cory Vellinga
    Section Image
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Map

Source: Big Sky Country MLS

MLS Number: 204882

Big Sky Country MLS

APN: 06-0798-12-3-30-01-0000

Montana Gallatin County Bozeman 59715

1608 W Olive St, Bozeman, MT

This home is located at 1608 W Olive St, Bozeman, MT 59715 since 16 April 2015 and is currently estimated at $1,307,000, approximately $510 per square foot. This property was built in 1987. 1608 W Olive St is a home located in Gallatin County with nearby schools including Irving Elementary School, Sacajawea Middle School, and Bozeman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Big Sky Country MLS IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

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