NOT LISTED FOR SALE

503 S 5th St E Missoula, MT 59801

University District Neighborhood

Estimated Value: $819,000 - $907,000

2 Beds
1 Bath
2,434 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 30, 2023

Current estimated payment $5,241/month

18 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Breakfast Bar
  • Paxson School Rated A-
  • Balcony
  • Park

About This Home

As of June 2023

LOCATION, LOCATION,LOCATION! Fantastic Investment Property located just 2 Blocks from the University! Spacious Duplex on Large Corner Lot! Main Floor 980 sqf 2-bed, 1-bath has Partial Basement with Washer/Dryer included. Features Classic Hardwood Floors, Wide Wood Trim and 9' Walls. Upstairs unit is a Wonderful 1,200 sqf 3-bed 1-bath with New Water Heater in 2022. Included in the sale is The Separate Home at 740 Helen Ave. This home was built in 2018 and features Vaulted Ceilings in Living/Kitchen, Raised Breakfast Bar with Wood Slab Top, Pantry, Stackable W/D, Wood Trim, Laminate Floors, Large Windows, Covered Deck, Extra Storage and Attached Single Car Garage. There are 2 more Separate Garage Stalls & a Very Large 10x22 Storage Shed for additional income and extra large off street parking area. Excellent rental history, all current leases will be going to month-to-month this summer. AirBnB/VRBO are permitted in this neighborhood making for Endless Opportunities located Just Minutes from the University, Downtown, The Hip Strip and River Trail System. Call Jess Priske (406) 529-7867 or your real estate professional for a private tour.

Last Agent to Sell the Property

Jess Priske

Berkshire Hathaway HomeServices - Missoula License #RRE-RBS-LIC-53646 Listed on: 05/11/2023

Berkshire Hathaway HomeServices - Missoula

Last Buyer's Agent

Aaron Curtis

Berkshire Hathaway HomeServices - Missoula License #RRE-BRO-LIC-72448

Berkshire Hathaway HomeServices - Missoula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,247

Year Built

  • Built in 2018

Lot Details

  • 7,800 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Alley Access
  • Rear-Facing Garage
  • Garage Door Opener
  • Additional Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Fire and Smoke Detector
  • Laundry in unit
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04220022311120000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,247

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 2018
  • Directions: Heading South on Higgins > Right on 6th St > Left on Helen > Property is on corner of 5th and Helen
  • Listing I D: 30005511
  • Lot Size Acres: 0.179
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Multi Family
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Interior Amenities: Breakfast Bar, Laminate Counters, Open Floorplan, Storage
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Exterior Feat.: Balcony, Storage
  • Roof: Composition
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Sprinklers In Ground, Level
  • Topography: Level
  • View: Residential
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: HardiPlank Type, Wood Siding, Wood Frame
  • Foundation Details: Poured, Slab, Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Alley Access, Garage, Garage Door Opener, Off Street, Garage Faces Rear

Utilities

  • Heating: Forced Air, Gas, Hot Water, Wall Furnace
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Street Lights, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7800.0
  • Parcel #: 04220022311120000
  • Zoning Description: RT2.7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10247.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Priske Michael E
Bought by
Wild River Missoula Llc
Seller's Agent
Jess Priske
Berkshire Hathaway HomeServices - Missoula
Buyer's Agent
Aaron Curtis
Berkshire Hathaway HomeServices - Missoula
List Price
$1,090,000
Views
90
Current Estimated Value
$869,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$550,000
Outstanding Balance
$529,498
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$339,600
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wild River Missoula Llc -- Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wild River Missoula Llc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold -- -- --
05/30/2023 05/30/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $995,000 -8.7% $409 / Sq Ft
05/11/2023 05/11/23 For Sale $1,090,000 -- $448 / 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 $8,414 $899,310 $349,830 $549,480
2024 $10,496 $654,750 $279,240 $375,510
2023 $10,184 $862,500 $279,240 $583,260
2022 $10,246 $753,570 $0 $0
2021 $9,154 $753,570 $0 $0
2020 $7,988 $603,660 $0 $0
2019 $7,943 $603,660 $0 $0
2018 $4,277 $312,600 $0 $0
2017 $3,746 $312,600 $0 $0
2016 $2,984 $230,190 $0 $0
2015 $2,765 $230,190 $0 $0
2014 $3,368 $159,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jess Priske

    Berkshire Hathaway HomeServices - Missoula

    Section Image
  • Aaron Curtis

    Buyer's Agent in 2023

    Aaron Curtis

    Berkshire Hathaway HomeServices - Missoula

    (406) 396-2721

    1 in this area

    52 Total Sales

    Aaron Curtis
    Section Image
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Map

Source: Montana Regional MLS

MLS Number: 30005511

Montana Regional MLS

APN: 04-2200-22-3-11-12-0000

Montana Missoula County Missoula 59801 University District

503 S 5th St E, Missoula, MT

Not Listed for Sale

MultiFamily

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