$239,000
SOLD FEB 26, 2025
Last list price

503 1st Ave N Unit 201 Great Falls, MT 59401

2 Beds
1.5 Baths
1,098 Sq Ft
$306/mo HOA Fee

Recently Sold

$218 Per Sq Ft

71 Days on Market

Highlights

  • City View
  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Deck
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Rare opportunity to own in downtown Great Falls in the Lofts at 503 building above Crooked Tree Coffee and Fire Pizza! Downtown living at its finest in this renovated building originally built in 1929 and renovated in the 2000s to include pretty much everything! Take the elevator right up to your one bedroom plus office (or small second bedroom), one and a half bath unit with private balcony and extra storage. You can take in the city lights from your cozy condo and let your cares melt away! Complete with granite countertops, stainless appliances and washer and dryer in the unit. Stylishly finished with rustic alder cabinetry and trim as well as tile and engineered hardwood flooring. Call Beth Schoenen at 406-899-8784 or your real estate professional today!

Last Agent to Sell the Property

Beth Schoenen

RE/MAX of Great Falls License #RRE-BRO-LIC-13810 Listed on: 11/13/2024

RE/MAX of Great Falls

Last Buyer's Agent

Jake Blaine

Blaine Train Realty License #RRE-BRO-LIC-118530

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 2013

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,098 Sq Ft Home
  • City Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02301512228017201

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance, maintenance structure, sewer, trash, water, snow removal
  • The Lofts At 503 Association
  • Lofts At 503 Condos
  • Community Parking

Amenities

  • Elevator

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,724

Year Built

Built in 2013

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2013
  • Directions: Downtown at corner of 5th St and First Avenue N
  • Listing I D: 30036312
  • Road Frontage Type: City Street, Access is Seasonal
  • Road Surface Type: Asphalt
  • Architectural Style: Other
  • Building Name: Lofts at 503
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1098.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Rubber
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Other
  • Patio And Porch Features: Covered, Deck, See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Connected, Electricity Connected, Separate Meters
  • Heating: Electric, Forced Air
  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Amenities: Elevator(s), Parking, Snow Removal
  • Association Fee: 306.0
  • Association Fee Frequency: Monthly
  • Association Name: the Lofts at 503
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Snow Removal

Lot Info

  • Zoning: Residential
  • Land Lease: No
  • Parcel #: 02301512228017201
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2724.0

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 20, 2025
Sold by
Underwood Jason M
Bought by
Murphy Kelly W and Murphy Machelle L
Seller's Agent
Beth Schoenen
RE/MAX of Great Falls
Buyer's Agent
Jake Blaine
Blaine Train Realty
List Price
$239,000
Views
162
Current Estimated Value
$246,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$245,000
Outstanding Balance
$243,550
Interest Rate
6.93%
Mortgage Type
VA
Estimated Equity
$2,886

Purchase Details

Closed on
Sep 24, 2014
Sold by
Stam Todd R and Stam Todd
Bought by
Underwood Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 VA
Previous Owner $132,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold -- -- --
01/23/2025 01/23/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $239,000 0.0% $218 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $239,000 -6.3% $218 / Sq Ft
11/13/2024 11/13/24 For Sale $255,000 -- $232 / 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 $1,464 $277,400 $0 $0
2024 $2,365 $201,800 $0 $0
2023 $3,098 $201,800 $0 $0
2022 $2,387 $187,600 $0 $0
2021 $1,994 $187,600 $0 $0
2020 $2,316 $177,000 $0 $0
2019 $2,216 $177,000 $0 $0
2018 $2,200 $173,623 $0 $0
2017 $2,091 $173,623 $0 $0
2016 $1,761 $153,200 $0 $0
2015 $1,483 $153,200 $0 $0
2014 $945 $36,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30036312

Montana Regional MLS

APN: 02-3015-12-2-28-01-7201