NOT LISTED FOR SALE

1624 Central Ave Great Falls, MT 59401

Estimated Value: $298,000 - $436,379

Studio
-- Bath
1,408 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 21, 2021

Current estimated payment $2,329/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding
  • Garage

About This Home

As of October 2021

Remarks: Triplex and Duplex on one lot. Various ranges of updates over past few years with solid tenancy and cash flow. Manager Type: 3rd Party Manager

Last Agent to Sell the Property

Josh Lind

EXIT Realty Great Falls License #RRE-BRO-LIC-31994 Listed on: 08/10/2021

EXIT Realty Great Falls

Last Buyer's Agent

Jesse Hursh

Dahlquist Realtors License #RRE-BRO-LIC-118534

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 1,408 Sq Ft Home
  • Natural lighting in basement
  • Oven or Range

Parking

  • Garage
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Natural Gas Connected
  • Water Not Available

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02301607215080000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,095

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1928
  • Directions: .0
  • Listing I D: 22112695
  • Lot Size Acres: 0.17
  • Lot Size: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Basement: Daylight
  • Appliances: Range, Refrigerator
  • Owner Pays: Sewer, Trash Collection, Water
  • Basement YN: Yes
  • Entry Location: Multi-Entry

Exterior Features

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

Garage/Parking

  • Parking Features: Garage, Paved, On Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Separate Meters, Water Not Available
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 02301607215080000
  • Zoning Description: resedential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3094.79

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 3825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Massimiliano Ricci
Bought by
Ruby Enterprises Llc
Current Estimated Value
$401,451

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 20, 2021
Sold by
Jennings Land Limited Partnership
Bought by
Ricci Massimiliano and Ricci Ariel
Seller's Agent
Josh Lind
EXIT Realty Great Falls
Buyer's Agent
Jesse Hursh
Dahlquist Realtors
List Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.25%
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2009
Sold by
Mortensen Lence K
Bought by
Jennings Land Limited Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ruby Enterprises Llc -- Montana Business Law Pllc
Ricci Massimiliano -- Chicago Title
Jennings Land Limited Partnership -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricci Massimiliano $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold -- -- --
08/10/2021 08/10/21 For Sale $380,000 -- $270 / 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
2025 $2,931 $417,700 $0 $0
2024 $3,914 $376,300 $0 $0
2023 $3,843 $376,300 $0 $0
2022 $3,211 $279,800 $0 $0
2021 $2,959 $279,800 $0 $0
2020 $3,095 $262,200 $0 $0
2019 $2,949 $262,200 $0 $0
2018 $2,958 $259,900 $0 $0
2017 $2,379 $259,900 $0 $0
2016 $2,091 $201,500 $0 $0
2015 $1,937 $201,500 $0 $0
2014 $1,717 $83,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Lind

    Seller's Agent in 2021

    Josh Lind

    EXIT Realty Great Falls

    (406) 866-2216

    59 Total Sales

    Josh Lind
    Section Image
  • Jesse Hursh

    Buyer's Agent in 2021

    Jesse Hursh

    Dahlquist Realtors

    (406) 868-7729

    52 Total Sales

    Jesse Hursh
    Section Image
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Map

Source: Montana Regional MLS

MLS Number: 22112695

Montana Regional MLS

APN: 02-3016-07-2-15-08-0000

Montana Cascade County Great Falls 59401

1624 Central Ave, Great Falls, MT

Not Listed for Sale

MultiFamily

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