NOT LISTED FOR SALE

1916 W Olive St Bozeman, MT 59718

Kirk Neighborhood

Estimated Value: $1,049,368 - $1,306,000

8 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold March 08, 2017

Current estimated payment $6,804/month

7 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Baseboard Heating
  • Hyalite Elementary School Rated A-
  • Shed

About This Home

As of March 2017

Great income producing property. Fully leased building with all units in great condition, with several improvements recently made. Tenants pay their own electric and gas on separate meters. Current CAP Rate at list price with current expenses and taxes is 6.4%. Each unit is 2 bedrooms one bathroom, and have great livable layouts. Proximity to MSU makes this on the income property deal of the year!

Last Agent to Sell the Property

Crystal Chase-kirchhoff

Keller Williams Montana Realty License #BRO-15439 Listed on: 01/10/2017

Keller Williams Montana Realty

Last Buyer's Agent

DeeAnn Bos

Berkshire Hathaway - Bozeman License #BRO-62247

Berkshire Hathaway - Bozeman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.3

Home Design

  • Quadruplex
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Mountain Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Shed
  • 0.3 Acre Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Kirk Subdivision

Listing and Financial Details

  • Exclusions: Tenants possessions.
  • Tenant pays for all utilities, electricity, gas
  • Assessor Parcel Number 000RGG6579

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Has Basement: Daylight, Finished

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: None
  • Waterfront: No
  • View: Mountain(s)
  • View: Yes
  • Exclusions: Tenants possessions.
  • Construction Type: Hardboard
  • Other Structures: Shed(s)
  • Road Surface Type: Paved

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.3037
  • Lot Size Sq Ft: 13230.0
  • Parcel #: 000RGG6579
  • Zoning Description: RMF - Residential Multi-Family

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas
  • Lease Considered: No

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Kc Real Estate Holdings Llc
Bought by
Chimbos Alexander P and Chimbos Kristine A
Current Estimated Value
$1,197,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$391,813
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$806,029

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 8, 2017
Sold by
Brother Ventures Llc
Bought by
Lang Gerry D and Lang Colette M
Seller's Agent
Crystal Chase-kirchhoff
Keller Williams Montana Realty
Buyer's Agent
DeeAnn Bos
Berkshire Hathaway - Bozeman
List Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$453,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Brailsford Horus
Bought by
Hudson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,625
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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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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
Chimbos Alexander P -- None Available
Lang Gerry D -- Montana Title & Escrow
Hudson John -- Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chimbos Alexander P $427,000
Previous Owner Lang Gerry D $453,750
Previous Owner Hudson John $290,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2017 03/08/17 Sold -- -- --
02/06/2017 02/06/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $620,000 -- --
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
2025 $6,039 $1,201,200 $0 $0
2024 $7,265 $1,091,400 $0 $0
2023 $7,025 $1,091,400 $0 $0
2022 $5,143 $670,700 $0 $0
2021 $5,675 $670,700 $0 $0
2020 $5,080 $594,900 $0 $0
2019 $5,196 $594,900 $0 $0
2018 $5,188 $550,500 $0 $0
2017 $4,851 $550,500 $0 $0
2016 $3,277 $347,300 $0 $0
2015 $3,281 $347,300 $0 $0
2014 $2,907 $181,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Crystal Chase-kirchhoff

    Keller Williams Montana Realty

    (406) 360-2436

    6 in this area

    282 Total Sales

    Crystal Chase-kirchhoff
    Section Image
  • DeeAnn Bos

    Buyer's Agent in 2017

    DeeAnn Bos

    Berkshire Hathaway - Bozeman

    (406) 580-7919

    1 in this area

    195 Total Sales

    DeeAnn Bos
    Section Image
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Map

Source: Big Sky Country MLS

MLS Number: 217973

Big Sky Country MLS

APN: 06-0798-11-4-44-18-0000

Montana Gallatin County Bozeman 59718 Kirk

1916 W Olive St, Bozeman, MT

Not Listed for Sale

MultiFamily

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