NOT LISTED FOR SALE

560 Rainbow Lake Loop Rd Libby, MT 59923

Estimated Value: $158,160

2.23 Acres
$70,924 Price per Acre
97,139 Sq Ft Lot

Last Sold October 30, 2015

Current estimated payment $935/month

416 Days on Market

Highlights

  • Views of Trees
  • Shed
  • Level Lot
  • Waterfront

About This Lot

As of October 2015

Remarks: Level timbered off water lot located just off of Upper Thompson Lake. Also included is deeded access to the 2.4 acre park with 250' of water frontage on Upper Thompson Lake. Power & phone are in. Septic is approved. Well is not in expect well depths at around 600'The property includes a very nice 10 x 12 cedar shed and RV Hook Ups. Bring your RV and Boat Surface Water: Access to Upper Thon

Last Listed By

Brad Borden

Montana Brokers, Inc. License #RRE-BRO-LIC-7647 Listed on: 08/22/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $475

Lot Details

  • 2.23 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Level Lot
  • Few Trees

Property Views

  • Trees
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 56382730301120000

Community Details

Overview

  • Thompson Rainbow Estates Subdivision

Recreation

  • Water Access
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$475

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Highway 2 west to mile marker 73 turn left cross cattle guard turn left on Rainbow Loop Rd. Property is 1/2 mi. on RT
  • Listing I D: 329652
  • Road Frontage Type: Waterfront
  • Lot Size Acres: 2.23
  • Lot Size: 2.23
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Upper Thompson Lale
  • Subdivision Name: Thompson Rainbow Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Few Trees, Level
  • Topography: Level
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: Water Access
  • Waterfront: Yes
  • Other Structures: Shed(s)

Utilities

  • Utilities: Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 97138.8
  • Parcel #: 56382730301120000
  • Zoning Description: unknown
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 475.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Oct 30, 2015
Sold by
Cochran Michael and Cochran Karen
Bought by
Norris Terry K and Norris Nancy J
Seller's Agent
Brad Borden
Montana Brokers, Inc.
Buyer's Agent
Teri Bjornrud
Montana Brokers, Inc.
List Price
$125,000
Sold Price
$87,500
Premium/Discount to List
-$37,500
-30%
Total Days on Market
416
Current Estimated Value
$158,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,660
Avg. Annual Appreciation
6.54%
Original Mortgage
$61,250
Outstanding Balance
$27,541
Interest Rate
3.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$132,713

Purchase Details

Closed on
Dec 19, 2006
Sold by
Mayhew Dennis K and Mayhew Phyllis M
Bought by
Cochran Michael and Cochran Karen

Purchase Details

Closed on
Aug 23, 2005
Sold by
Owl Corp
Bought by
Mayhew Dennis K and Mayhew Phyllis M

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
Norris Terry K -- First American Title Company
Cochran Michael -- Lincoln County Title Co
Mayhew Dennis K -- Lincoln County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Terry K $61,250
Closed Norris Terry K $61,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold -- -- --
10/12/2015 10/12/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $125,000 -- --
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 $710 $139,089 $0 $0
2023 $878 $139,089 $0 $0
2022 $522 $90,162 $0 $0
2021 $655 $90,162 $0 $0
2020 $529 $66,315 $0 $0
2019 $525 $66,315 $0 $0
2018 $654 $82,348 $0 $0
2017 $593 $82,348 $0 $0
2016 $344 $41,851 $0 $0
2015 $233 $41,851 $0 $0
2014 $451 $40,673 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Borden

    Seller's Agent in 2015

    Brad Borden

    Montana Brokers, Inc.

    (406) 253-9703

    31 Total Sales

    Brad Borden
    Section Image
  • Teri Bjornrud

    Buyer's Agent in 2015

    Teri Bjornrud

    Montana Brokers, Inc.

    (406) 261-6809

    97 Total Sales

    Teri Bjornrud
    Section Image
See All Agents

Map

Source: Montana Regional MLS

MLS Number: 329652

Montana Regional MLS

APN: 56-3827-30-3-01-12-0000

Montana Lincoln County Libby 59923

560 Rainbow Lake Loop Rd, Libby, MT

Homes for Sale in Libby, MT

This home is located at 560 Rainbow Lake Loop Rd, Libby, MT 59923 since 22 August 2014 and is currently estimated at $158,160. 560 Rainbow Lake Loop Rd is a home located in Lincoln County with nearby schools including Libby Elementary School and Libby 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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