NOT LISTED FOR SALE

412 5th Ave N Great Falls, MT 59401

Estimated Value: $231,000 - $419,000

-- Bed
-- Bath
3,512 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 09, 2021

Current estimated payment $1,930/month

15 Days on Market

About This Home

As of December 2021

Remarks: Well Kept 4-Plex with lots of renovation! All units occupied and grosses $2550/month. This Victorian-era home has two units on the main floor, a larger two bedroom unit on the second floor, and one unit on the top floor. Updates include: PVC sewer line, roof was done around 2016, new paint and flooring in most units, kitchen remodel in unit 1 with the addition of laundry, and more! The basement is bonus room great for storage. Electric is separated for unit 4. Units 1, 2, and 3 have their own furnaces with 4 on its own electric heat paid by tenant. Great Cashflow and is being offered at a 6.25% cap rate! P/L Report with expenses and rent rolls available. Seller welcomes VA and FHA buyers. Call Leo Imperi at 406-750-9503, or your real estate professional.

Last Agent to Sell the Property

Leo Imperi

Keller Williams Northern MT License #RRE-RBS-LIC-53226 Listed on: 09/29/2021

Keller Williams Northern MT

Last Buyer's Agent

Seth Haak

Keller Williams Northern MT License #RRE-RBS-LIC-75527

Keller Williams Northern MT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,388

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,512 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for all utilities, exterior maintenance, snow removal, sewer, trash collection
  • The owner pays for all utilities, exterior maintenance, snow removal, sewer, trash collection
  • Assessor Parcel Number 02301501308110000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,388

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Directions: 412 5th Ave N
  • Listing I D: 22115428
  • Lot Size Acres: 0.17
  • Lot Size: 0.17
  • Road Frontage Type: Alley, City Street
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Owner Pays: All Utilities, Exterior Maintenance, Snow Removal, Sewer, Trash Collection
  • Basement YN: Yes
  • Living Area: 3512.0

Exterior Features

  • Roof: Composition
  • Waterfront Features: None
  • Waterfront: No

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 02301501308110000
  • Zoning Description: R-9
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Exterior Maintenance, Snow Removal, Sewer, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2388.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 30, 2021
Sold by
Imperi Leo
Bought by
Corbin Michael
Seller's Agent
Leo Imperi
Keller Williams Northern MT
Buyer's Agent
Seth Haak
Keller Williams Northern MT
List Price
$251,668
Current Estimated Value
$331,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Imperial Ventures Llc
Bought by
Imperl Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Rogers John M
Bought by
Imperial Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2012
Sold by
Outten Joseph and Stefani Christopher
Bought by
Rogers John M

Purchase Details

Closed on
Sep 24, 2012
Sold by
Anderson Lisa L
Bought by
Rogers John M

Purchase Details

Closed on
Sep 2, 2010
Sold by
Anderson Tim L and Anderson Lisa L
Bought by
Rogers John M
Source: Public Records

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
Corbin Michael -- Chicago Title
Imperl Leo -- Chicago Title Company Llc
Imperial Ventures Llc -- Chicago Title Co Llc
Rogers John M -- Chicago Title Company
Rogers John M -- Ctic
Rogers John M -- Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imperi Leo $143,500
Previous Owner Imperial Ventuers Llc $3,000,000
Previous Owner Imperial Ventures Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold -- -- --
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $250,900 -0.3% $71 / Sq Ft
09/29/2021 09/29/21 For Sale $251,668 -- $72 / 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 $1,926 $364,800 $0 $0
2024 $3,263 $308,200 $0 $0
2023 $3,200 $308,200 $0 $0
2022 $2,679 $229,200 $0 $0
2021 $2,652 $229,200 $0 $0
2020 $2,389 $197,000 $0 $0
2019 $2,280 $197,000 $0 $0
2018 $1,821 $150,600 $0 $0
2017 $1,171 $105,370 $0 $0
2016 $1,109 $94,230 $0 $0
2015 $906 $94,230 $0 $0
2014 $1,080 $47,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 22115428

Montana Regional MLS

APN: 02-3015-01-3-08-11-0000