$560,000
SOLD JAN 28, 2020
Last list price

500 7th Ave N Great Falls, MT 59401

-- Bed
-- Bath
2,128 Sq Ft
0.34 Acres

Recently Sold

$263 Per Sq Ft

182 Days on Market

About This Home

As of April 2021

**HUGE PRICE REDUCTION**Two buildings on one lot with a total of 13 income producing units Across from Gibson park with a park view. Please call Angela Otis at 406-231-6027 or your Real Estate professional for a showing.

Last Agent to Sell the Property

Angela Otis

HomeSmart Realty Partners License #RRE-RBS-LIC-62984 Listed on: 06/11/2019

HomeSmart Realty Partners

Co-Listed By

Lyna Ravndal

Dahlquist Realtors License #10761

Last Buyer's Agent

Robert LaBrie

Premier Group LLC License #RRE-RBS-LIC-52938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,784

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot

Community Details

  • 2,128 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,784

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: D
  • List Price Per Sq Ft: 244.36
  • Style: Multi-Entry
  • Year Built: 1920
  • Co Listing Member Address: 500 Country Club Blvd, Great Falls, MT 59404
  • Co Listing Member Fax: (406) 761-2486
  • Co Listing Office Address: 500 Country Club Blvd., Great Falls, MT 59404
  • Co Listing Office Fax: (406) 761-8782
  • House Number: 500
  • Internal Listing I D: 20190611172952052795000000
  • Listing I D: 21909642
  • Listing Office Address: 500 Country Club Blvd., Great Falls, MT 59404
  • Listing Office Fax: (406) 761-8782
  • Selling Member Short Id: 545050417
  • Selling Office Address: 1200 S Reserve, Ste F, Missoula, MT 59801
  • Selling Office Fax: (406) 721-3037
  • Street Direction Sfx: North
  • Special Features: None

Interior Features

  • Estimated Finished Sq Ft: 2000-2500
  • Lot Sq Ft: 15000.00
  • Sold Price Sq Ft: 244.36
  • Total Sq Ft: 2128.00

Utilities

  • Utilities: City Sewer, City Water

Lot Info

  • Zoning: 1
  • Lot Size Estimate: LOT TO .50
  • Lot Acres: 0.34

Tax Info

  • Taxes: 5481.50
  • Tax Year: 2018

Multi Family

  • Common Amenities: Central Laundry
  • Occupancy Factor: 90-95% Occupancy
  • Unit Features: Appliances/All, Carpet, Deck, Private Outside Ent., Window Treatment
  • No. of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 23, 2021
Sold by
Big Sky Mt Holdings Llc
Bought by
Bsgf713 Llc
Seller's Agent
Robert LaBrie
Premier Group LLC
Buyer's Agent
Molly Schulte
RE/MAX of Great Falls
List Price
$685,000
Current Estimated Value
$935,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$512,344
Outstanding Balance
$468,554
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$421,748

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jan 24, 2020
Sold by
Smith Sherrye M and White Avenue Trust
Bought by
Big Sky Mt Holdings Llc
Seller's Agent
Angela Otis
HomeSmart Realty Partners
Buyer's Agent
Robert LaBrie
Premier Group LLC
List Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.42%
Original Mortgage
$390,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2006
Sold by
Smith Thomas E
Bought by
Smith Thomas E and Smith Sherrye M

Purchase Details

Closed on
Jan 24, 2006
Sold by
Barth Donald M and Barth Claudia A
Bought by
Smith Thomas E
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 Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Interfamily Deed Transfer -- First American Title Company
Warranty Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,344 Commercial
Previous Owner $390,000 Future Advance Clause Open End Mortgage
Previous Owner $225,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold -- -- --
02/11/2021 02/11/21 For Sale $685,000 +31.7% $105 / Sq Ft
01/28/2020 01/28/20 Sold -- -- --
12/10/2019 12/10/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $520,000 -7.1% $244 / Sq Ft
06/11/2019 06/11/19 For Sale $560,000 -- $263 / 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 $7,784 $747,900 $0 $0
2023 $7,641 $747,900 $0 $0
2022 $5,676 $488,600 $0 $0
2021 $5,167 $488,600 $0 $0
2020 $5,569 $466,900 $0 $0
2019 $5,310 $466,900 $0 $0
2018 $5,482 $477,900 $0 $0
2017 $4,376 $477,900 $0 $0
2016 $4,283 $414,000 $0 $0
2015 $3,980 $414,000 $0 $0
2014 $4,393 $222,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 21909642

Montana Regional MLS

APN: 02-3015-01-3-19-17-0000