NOT LISTED FOR SALE

509 W Alder St Missoula, MT 59802

Heart of Missoula Neighborhood

Estimated Value: $508,000 - $789,000

3 Beds
2 Baths
1,500 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 25, 2021

Current estimated payment $3,689/month

6 Days on Market

Highlights

  • Views of Trees
  • Forced Air Heating System
  • Wood Siding
  • Hellgate High School Rated A-
  • Level Lot

About This Home

As of February 2021

Remarks: Historic downtown neighborhood close to everything Missoula! 1910 two story converted to an up down duplex many years ago. Lots of character throughout both units. The main floor is a 2 bedroom 1 bath unit with use of the nice fenced in back yard and off street parking and rents for $1010/month. The upstairs is 1 bedroom 1 bath with a nice sized bedroom and cozy living room and also has off street parking and rents for $700/month. You could easily turn this back into a single family home with little work. Both tenants are on a month to month lease agreement.

Last Agent to Sell the Property

Lewis Matelich

Berkshire Hathaway HomeServices - Missoula License #RRE-BRO-LIC-2633 Listed on: 01/05/2021

Berkshire Hathaway HomeServices - Missoula

Last Buyer's Agent

Lewis Matelich

Berkshire Hathaway HomeServices - Missoula License #RRE-BRO-LIC-2633 Listed on: 01/05/2021

Berkshire Hathaway HomeServices - Missoula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Views of Trees
  • Basement
  • Crawl Space
  • Oven or Range

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Separate Meters
  • Water Not Available
  • Water Heater
  • Phone Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 04220021143080000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,914

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1910
  • Directions: Located 2 blocks West of Orange Street on Alder St near ST Pat's hospital.
  • Listing I D: 22100113
  • Lot Size Acres: 0.09
  • Lot Size: 0.09
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Interior Amenities: High Speed Internet
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Owner Pays: Sewer, Trash Collection, Water
  • Basement YN: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Few Trees, Level
  • Topography: Level
  • View: Residential, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Poured, Stone

Garage/Parking

  • Parking Features: Paved, On Street

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Separate Meters, Water Not Available
  • Heating: Forced Air, Gas, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 04220021143080000
  • Zoning Description: B2-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3914.25

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1710.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 25, 2021
Sold by
Wellenstein Charles and Strizich Andrea
Bought by
Malelich Lewis
Seller's Agent
Lewis Matelich
Berkshire Hathaway HomeServices - Missoula
Buyer's Agent
Lewis Matelich
Berkshire Hathaway HomeServices - Missoula
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Current Estimated Value
$597,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,175
Avg. Annual Appreciation
13.83%
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 Buyer Sale Price Title Company
Malelich Lewis -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellenstein Charles $99,600
Previous Owner Wellenstein Charles $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold -- -- --
01/11/2021 01/11/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $395,000 -- $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 $4,567 $375,300 $133,185 $242,115
2023 $4,689 $375,300 $133,185 $242,115
2022 $4,733 $330,300 $0 $0
2021 $4,012 $330,300 $0 $0
2020 $3,722 $264,000 $0 $0
2019 $3,710 $264,000 $0 $0
2018 $3,559 $245,900 $0 $0
2017 $2,947 $245,900 $0 $0
2016 $3,172 $231,300 $0 $0
2015 $2,953 $231,300 $0 $0
2014 $2,925 $129,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lewis Matelich

    Berkshire Hathaway HomeServices - Missoula

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Map

Source: Montana Regional MLS

MLS Number: 22100113

Montana Regional MLS

APN: 04-2200-21-1-43-08-0000

Montana Missoula County Missoula 59802 Heart of Missoula

509 W Alder St, Missoula, MT

This home is located at 509 W Alder St, Missoula, MT 59802 since 05 January 2021 and is currently estimated at $597,175, approximately $398 per square foot. This property was built in 1910. 509 W Alder St is a home located in Missoula County with nearby schools including Lowell School, Porter Middle School, and Hellgate High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Montana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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