NOT LISTED FOR SALE

Estimated Value: $690,000 - $875,000

16 Beds
8 Baths
3,720 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 16, 2021

Current estimated payment $4,925/month

28 Days on Market

Highlights

  • Valley View
  • Chief Charlo School Rated A-
  • Fireplace

About This Home

As of June 2021

Remarks: Solid self-managed fourplex located in the South Hills of Missoula with low vacancy, long term tenants. Each apartment is a roomy 930 square feet with 2 bedrooms, 1 bath, washer/dryer hook-ups, gas heat and has newer vinyl flooring. There is ample off street parking for the tenants and sits on a 14,977 square foot lot with RM1-35 zoning with a large fenced back yard. Four locked storage units for tenants. Don't miss a great investment opportunity in Missoula.

Last Listed By

Rick Meisinger

ERA Lambros Real Estate Missoula License #RRE-BRO-LIC-12362 Listed on: 03/30/2021

ERA Lambros Real Estate Missoula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Few Trees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3,720 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Valley Views
  • Oven or Range

Utilities

  • Separate Meters
  • Water Not Available
  • Phone Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for exterior maintenance, sewer, trash collection, water
  • The owner pays for exterior maintenance, sewer, trash collection, water
  • Assessor Parcel Number 04209307112030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,121

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1977
  • Directions: 39th Street, south on 23rd, right on 55th to property on left- OR- 39th Street, south on Gharrett, left on 55th to property on the right
  • Listing I D: 22104112
  • Lot Size Acres: 0.34
  • Lot Size: 0.34
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 539500591
  • Co List Office Phone: 406-273-7777
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Speed Internet
  • Appliances: Range, Refrigerator
  • Owner Pays: Exterior Maintenance, Sewer, Trash Collection, Water
  • Entry Location: Multi-Entry
  • Window Features: Window Treatments

Exterior Features

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

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Separate Meters, Water Not Available
  • Heating: Fireplace(s)

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 04209307112030000
  • Zoning Description: RM1-35
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Exterior Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5120.97

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 16, 2021
Sold by
Kern Peter T
Bought by
South Hills 4Plex Llc
Seller's Agent
Rick Meisinger
ERA Lambros Real Estate Missoula
Buyer's Agent
Christopher Funston
ERA Lambros Real Estate Missoula
List Price
$594,000
Sold Price
$580,000
Premium/Discount to List
-$14,000
-2.36%
Total Days on Market
28
Current Estimated Value
$785,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,627
Avg. Annual Appreciation
8.07%
Original Mortgage
$437,918
Outstanding Balance
$372,391
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$413,237

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
South Hills 4Plex Llc -- None Available
Kern Peter T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Hill Plex Llc $100,000
Open Hawkinson Dace $437,918
Previous Owner Hawkinson Bob $126,200
Previous Owner Hawkinson Bob $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold -- -- --
04/19/2021 04/19/21 Price Changed $584,000 -1.7% $157 / Sq Ft
03/30/2021 03/30/21 For Sale $594,000 -- $160 / 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 $6,823 $560,700 $172,228 $388,472
2023 $6,922 $560,700 $172,228 $388,472
2022 $6,583 $461,470 $0 $0
2021 $4,885 $402,150 $0 $0
2020 $5,121 $363,100 $0 $0
2019 $5,113 $363,100 $0 $0
2018 $3,576 $237,600 $0 $0
2017 $2,848 $237,600 $0 $0
2016 $3,591 $252,600 $0 $0
2015 $2,952 $252,600 $0 $0
2014 $3,072 $148,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22104112

Montana Regional MLS

APN: 04-2093-07-1-12-03-0000