Seller's Agent in 2023
Shawna Gascon
ERA Lambros Real Estate Missoula
(406) 532-9200
5 in this area
48 Total Sales
1837 S 8th St W Missoula, MT 59801
Franklin to the Fort NeighborhoodEstimated Value: $728,000 - $836,961
16
Beds
8
Baths
2,640
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Landscaped
- Baseboard Heating
- High Speed Internet
- Hellgate High School Rated A-
- Coin Laundry
- 2-minute walk to 8th Street Pocket Park
About This Home
As of December 2023This centrally located 4-Plex is a fantastic investment opportunity, boasting a range of interior and exterior updates that make it a low-maintenance, move-in-ready gem. Each of the four units features one bedroom and one bathroom, offering comfort and convenience to both residents and potential investors. Units A, B and C are currently leased for $1,250 each and Unit D currently leased for $1,550. Whether you're looking for a stable rental income or a worry-free investment, this property has it all. Recent interior renovations include new windows, modern kitchen cabinets and countertops, fresh flooring throughout, fully remodeled bathrooms, and updated electrical and plumbing. These upgrades ensure a modern and comfortable living space for all tenants. The property has undergone exterior updates, such as underground sprinklers to maintain the landscaping effortlessly, fresh paint to enhance its curb appeal, and a brand-new parking lot for tenants. The updates not only enhance the property's aesthetics but also reduce the need for ongoing repairs and upkeep. For tenant convenience and added income potential, a coin-operated laundry room is available for all residents to share. This feature not only attracts tenants but also generates additional revenue for the property owner. Don't miss the opportunity to invest in this well-maintained 4-Plex. It's move-in ready and positioned for long-term success in the real estate market. Contact Shawna Gascon at 406-207-1768 or your Real Estate Professional.
Last Agent to Sell the Property
ERA Lambros Real Estate Missoula License #RRE-RBS-LIC-62879 Listed on: 10/27/2023
Last Buyer's Agent
Glacier Sotheby's International Realty Hamilton License #RRE-BRO-LIC-8526
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,841
Year Built
- Built in 1976
Lot Details
- 5,663 Sq Ft Lot
- Landscaped
- Sprinkler System
Home Design
- 2,640 Sq Ft Home
- Quadruplex
- Tri-Level Property
- Poured Concrete
Kitchen
- Oven or Range
Laundry
- Dryer
- Washer
Parking
- Alley Access
- On-Street Parking
Utilities
- Baseboard Heating
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 4 Units
- Coin Laundry
Listing and Financial Details
- Assessor Parcel Number 04220029171290000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Dec 19, 2023
Sold by
Grapensteter David and Grapensteter Amber
Bought by
Domich Thomas and Domich Regina
Seller's Agent
Shawna Gascon
ERA Lambros Real Estate Missoula
Buyer's Agent
Sheree Fowler
Glacier Sotheby's International Realty Hamilton
List Price
$749,000
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$520,000
Outstanding Balance
$514,250
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$259,404
Purchase Details
Listed on
Jan 23, 2018
Closed on
Mar 9, 2018
Sold by
Newman Robert D and Newman Collen S
Bought by
Grapenster David and Grapenster Amber
Seller's Agent
Scott Smith
Berkshire Hathaway HomeServices - Missoula
Buyer's Agent
Scott Smith
Berkshire Hathaway HomeServices - Missoula
List Price
$269,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.44%
Original Mortgage
$213,700
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 20, 2001
Sold by
Montana Gold Ventures Inc
Bought by
Newman Robert D and Newman Colleen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,540
Interest Rate
7.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Domich Thomas | -- | Insured Title | |
| Grapenster David | -- | Insured Titles Llc | |
| Newman Robert D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Domich Thomas | $520,000 | |
| Previous Owner | Grapensteter David | $200,000 | |
| Previous Owner | Grapensteter David | $210,550 | |
| Previous Owner | Grapenster David | $213,700 | |
| Previous Owner | Newman Robert | $92,300 | |
| Previous Owner | Newman Robert D | $108,540 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2023 12/19/23 | Sold | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $749,000 | +177.5% | $284 / Sq Ft |
| 03/12/2018 03/12/18 | Sold | -- | -- | -- |
| 01/26/2018 01/26/18 | Pending | -- | -- | -- |
| 01/22/2018 01/22/18 | For Sale | $269,900 | -- | $102 / Sq Ft |
Source: Montana Regional MLS
Tax History Compared to Growth
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 | $6,066 | $506,900 | $260,260 | $246,640 |
| 2023 | $5,841 | $498,400 | $260,260 | $238,140 |
| 2022 | $4,935 | $365,400 | $0 | $0 |
| 2021 | $4,439 | $365,400 | $0 | $0 |
| 2020 | $4,244 | $324,700 | $0 | $0 |
| 2019 | $4,231 | $324,700 | $0 | $0 |
| 2018 | $4,809 | $359,100 | $0 | $0 |
| 2017 | $4,728 | $359,100 | $0 | $0 |
| 2016 | $3,187 | $252,600 | $0 | $0 |
| 2015 | $2,947 | $252,600 | $0 | $0 |
| 2014 | $2,932 | $141,544 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Sheree Fowler
Glacier Sotheby's International Realty Hamilton
(406) 360-2448
1 in this area
29 Total Sales
-
Seller's Agent in 2018
Scott Smith
Berkshire Hathaway HomeServices - Missoula
(406) 544-1442
1 in this area
8 Total Sales
Map
Source: Montana Regional MLS
MLS Number: 30015782
APN: 04-2200-29-1-71-29-0000
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