NOT LISTED FOR SALE

502 Idaho St Belgrade, MT 59714

Estimated Value: $701,000 - $1,042,000

12 Beds
-- Bath
1,788 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 07, 2021

Current estimated payment $5,189/month

Highlights

  • Mountain View
  • Deck
  • No HOA
  • Heck/Quaw Elementary School Rated A
  • Lawn
  • Ceiling Fan

About This Home

As of October 2021

6 Total Units on one lot. (Duplex and Fourplex) 100% Occupied with a great rental history. Great location and within walking distance to downtown Belgrade. Very close to the airport and easy access to the interstate.

Last Agent to Sell the Property

Kelley Schlauch

PureWest Real Estate Bozeman License #RBS-79249 Listed on: 07/28/2021

Co-Listed By

Mike Schlauch

PureWest Real Estate Bozeman License #RBS-17643

Last Buyer's Agent

Vivian Yoon

Berkshire Hathaway - Bozeman License #RBS-88432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 2007

Lot Details

  • 10,498 Sq Ft Lot
  • Sprinkler System
  • Lawn

Home Design

  • Asphalt Roof
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Phone Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Ferris Addition Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number RFF14684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,324

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type: Multi Family
  • ResoPropertySubType: MultiFamily
  • Property Sub Type Additional: Multi Family
  • Unit Levels: Other
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dishwasher, Range, Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: None
  • Waterfront: No
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Hardboard
  • Exterior Features: Blacktop Driveway, Sprinkler/Irrigation
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Security: Heat Detector, Smoke Detector(s)
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Lawn, Sprinklers In Ground
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10498.0
  • Parcel #: RFF14684
  • Zoning Description: R4 - Residential High Density
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5324.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 5, 2021
Sold by
Norbeck Investments Llc
Bought by
Lands Brothers Llc
Seller's Agent
Kelley Schlauch
PureWest Real Estate Bozeman
Buyer's Agent
Vivian Yoon
Berkshire Hathaway - Bozeman
List Price
$1,360,000
Current Estimated Value
$897,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.75%
Original Mortgage
$1,552,615
Outstanding Balance
$351,565
Interest Rate
2.28%
Estimated Equity
$545,995

Purchase Details

Closed on
May 14, 2021
Sold by
Norbeck Andrew P N and Norbeck Amber O
Bought by
Norbeck Investments Llc

Purchase Details

Closed on
May 25, 2018
Sold by
Campbell Investments Llc
Bought by
Norbeck Andrew and Norbeck Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.66%

Purchase Details

Closed on
Aug 30, 2005
Sold by
Holbrook Jason and Holbrook Tiffani
Bought by
Contracting Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,172
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Lands Brothers Llc -- First American Title Company
Norbeck Investments Llc -- None Available
Norbeck Andrew -- --
Contracting Services Inc -- Montana Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lands Brothers Llc $1,552,615
Previous Owner Norbeck Andrew $456,000
Previous Owner Norbeck Andrew --
Previous Owner Contracting Services Inc $264,172
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold -- -- --
09/07/2021 09/07/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,360,000 -- $761 / Sq Ft
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 $5,779 $989,600 $0 $0
2024 $7,990 $968,500 $0 $0
2023 $8,084 $968,500 $0 $0
2022 $6,038 $635,800 $0 $0
2021 $5,589 $573,200 $0 $0
2020 $5,324 $530,800 $0 $0
2019 $5,422 $530,800 $0 $0
2018 $4,823 $450,000 $0 $0
2017 $4,764 $450,000 $0 $0
2016 $4,423 $403,600 $0 $0
2015 $4,137 $403,600 $0 $0
2014 $3,587 $225,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Big Sky Country MLS

MLS Number: 361983

Big Sky Country MLS

APN: 06-0903-12-1-51-24-0000