NOT LISTED FOR SALE

Estimated Value: $656,645 - $705,000

16 Beds
8 Baths
2,248 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 21, 2023

Current estimated payment $4,202/month

5 Days on Market

Highlights

  • Coin Laundry
  • Radiant Heating System
  • 5-minute walk to 8th Street Pocket Park

About This Home

As of June 2023

Great opportunity to own a low-maintenance 4plex in a central location with easy access to all of Missoula's amenities. Whether you're a seasoned investor or a first-time buyer, this property offers the perfect balance between convenience, low-maintenance operation, and excellent rental potential and return. 4 one bedroom 1 bath units with big bedrooms, bathrooms and closets along with coin-op laundry on site. These efficient units seem to always be in demand with little to no vacancy. Contact John Hirsch at 406-370-8294 or your real estate professional to schedule a showing.

Last Agent to Sell the Property

John Hirsch

Main Street Realty License #RRE-RBS-LIC-15062 Listed on: 06/01/2023

Last Buyer's Agent

Rochelle Glasgow

Ink Realty Group License #RRE-RBS-LIC-7122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 2003

Lot Details

  • 5,532 Sq Ft Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,248 Sq Ft Home
  • Property has 2 Levels

Utilities

  • Radiant Heating System

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 04220020408280000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,726

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 2003
  • Directions: 5th to Garfield
  • Listing I D: 30006775
  • Horses: No
  • Lot Size Acres: 0.127
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Multi Family, Quadruplex
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Exterior Feat.: Sprinkler/Irrigation
  • Lot Features: Sprinklers In Ground, Sprinkler System
  • Waterfront: No
  • Foundation Details: Concrete Perimeter

Utilities

  • Heating: Radiant
  • Laundry Features: Common Area, Coin-operated
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5532.0
  • Parcel #: 04220020408280000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5726.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 20, 2023
Sold by
Morehouse Ryan
Bought by
Paho Olive & Laura Van Hoorn Revocable Trust
Seller's Agent
John Hirsch
Main Street Realty
Buyer's Agent
Rochelle Glasgow
Ink Realty Group
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Total Days on Market
5
Views
32
Current Estimated Value
$684,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,548
Avg. Annual Appreciation
5.13%
Original Mortgage
$362,500
Outstanding Balance
$355,485
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$329,063

Purchase Details

Listed on
Sep 22, 2014
Closed on
Feb 13, 2015
Sold by
Poindexter Thomas J and Poindexter Rhonda J
Bought by
Morehouse Ryan
Seller's Agent
Jauna Poindexter
Berkshire Hathaway HomeServices - Missoula
Buyer's Agent
John Hirsch
Main Street Realty
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$240,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Poindexter Homes Inc
Bought by
Poindexter Thomas J and Poindexter Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.37%
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
Paho Olive & Laura Van Hoorn Revocable Trust -- None Listed On Document
Morehouse Ryan -- None Available
Poindexter Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoorn Paho $362,500
Previous Owner Morehouse Ryan $240,000
Previous Owner Poindexter Thomas J $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold -- -- --
06/01/2023 06/01/23 For Sale $650,000 +94.0% $289 / Sq Ft
02/19/2015 02/19/15 Sold -- -- --
01/22/2015 01/22/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $335,000 -- $149 / 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 $6,824 $542,300 $251,978 $290,322
2023 $6,570 $560,700 $251,978 $308,722
2022 $5,726 $424,200 $0 $0
2021 $5,152 $424,200 $0 $0
2020 $4,862 $372,100 $0 $0
2019 $4,846 $372,100 $0 $0
2018 $4,252 $317,400 $0 $0
2017 $4,180 $317,400 $0 $0
2016 $4,268 $338,500 $0 $0
2015 $3,948 $338,500 $0 $0
2014 $3,066 $148,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30006775

Montana Regional MLS

APN: 04-2200-20-4-08-28-0000