NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,022,953

16 Beds
8 Baths
2,640 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 12, 2022

Current estimated payment $5,747/month

3 Days on Market

Highlights

  • Wall Furnace
  • Paxson School Rated A-
  • 1-minute walk to Toole Park

About This Home

As of July 2022

Remarks: Location, Location, LOCATION. This 4-plex has not been for sale since 1980. Located just 4 blocks from the University! A walking bridge adjacent to the property connects you to the river trail along the Clark Fork. Downtown and the Hip Strip is just a stones throw away! The grounds are immense with all sorts of possibilities. The main floor has two rental units. The front unit has two bedrooms one bath and also has the use of part of the basement along with its own laundry area. The back unit his one bedroom one bathroom. Both have separate outside entrances. The second level offers two one bed, one bath units. Both are bright and sunny with plenty of storage. All four apartments have separate storage closets in the basement.

Last Agent to Sell the Property

Kathryn Anderson

ERA Lambros Real Estate Missoula License #RRE-RBS-LIC-10147 Listed on: 05/31/2022

ERA Lambros Real Estate Missoula

Last Buyer's Agent

Danni Moore

Engel & Völkers Western Frontier - Missoula License #RRE-BRO-LIC-88701

Engel & Völkers Western Frontier - Missoula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,640 Sq Ft Home
  • Property has 2 Levels
  • Oven or Range
  • Unfinished Basement

Utilities

  • Wall Furnace
  • Water Not 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 04220022315050000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,580

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1940
  • Directions: Madison Street Bridge to 5th Street.
  • Listing I D: 22207158
  • Lot Size Acres: 0.27
  • Lot Size: 0.27
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Appliances: Range, Refrigerator
  • Owner Pays: Exterior Maintenance, Sewer, Trash Collection, Water
  • Basement YN: Yes

Exterior Features

  • Lot Features: Few Trees
  • Waterfront Features: None
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Not Available
  • Heating: Wall Furnace
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 04220022315050000
  • Zoning Description: RT2.7
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5579.75

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 29, 2022
Sold by
University Avenue Developers Llc
Bought by
Ronald Builders Llc
Seller's Agent
Kathryn Anderson
ERA Lambros Real Estate Missoula
Buyer's Agent
Danni Moore
Engel & Völkers Western Frontier - Missoula
List Price
$825,000
Current Estimated Value
$929,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$600,000
Outstanding Balance
$574,986
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$348,931

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 12, 2022
Sold by
Bergstrom Glenn A
Bought by
University Avenue Developers Llc
Seller's Agent
Kathryn Anderson
ERA Lambros Real Estate Missoula
Buyer's Agent
Danni Moore
Engel & Völkers Western Frontier - Missoula
List Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$574,986
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$348,931
Source: Public Records

Range of Values:

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Average Value
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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
Ronald Builders Llc -- None Listed On Document
University Avenue Developers Llc -- Insured Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open University Avenue Developers Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold -- -- --
06/03/2022 06/03/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $825,000 -- $313 / 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 $7,936 $652,100 $279,240 $372,860
2023 $7,712 $652,100 $279,240 $372,860
2022 $5,834 $424,200 $0 $0
2021 $5,580 $424,200 $0 $0
2020 $5,004 $372,100 $0 $0
2019 $4,980 $372,100 $0 $0
2018 $5,018 $364,800 $0 $0
2017 $4,372 $364,800 $0 $0
2016 $4,812 $338,500 $0 $0
2015 $4,512 $338,500 $0 $0
2014 $4,600 $194,223 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22207158

Montana Regional MLS

APN: 04-2200-22-3-15-05-0000