NOT LISTED FOR SALE

780 Rainbow Lake Loop Rd Libby, MT 59923

Estimated Value: $491,000 - $548,061

3 Beds
2 Baths
1,650 Sq Ft
$319/Sq Ft Est. Value

Last Sold March 15, 2024

Current estimated payment $3,097/month

256 Days on Market

Highlights

  • Water Access
  • Open Floorplan
  • Wood Burning Stove
  • Views of Trees
  • Deck
  • Wooded Lot

About This Home

As of March 2024

Beautiful fully remodeled home on almost 2 acres, located half way between Libby and Kalispell. Country living at its best.
Three bedrooms 2 full baths. Gourmet kitchen with Wolfe appliances. Two car attached garage, enclosed porch for four season use. The yard is just the right size and features underground sprinklers. Lots of wildlife. Also included is a common park lot located on upper Thompson lake for 24/7 lake access. Information provided is from sources deemed to be reliable & accurate but not warranted by listing agent/office. It is subject to change without notice. All prospective purchasers & agents should check for accuracy of all statements contained herein to their own satisfaction.

Last Listed By

Brad Borden

Montana Brokers, Inc. License #RRE-BRO-LIC-7647 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 2004

Lot Details

  • 1.97 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Many Trees
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Trees
  • Mountain

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Stove
  • Raised Hearth
  • Double Pane Windows
  • Great Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Water Access
  • Deck
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Underground Utilities
  • Propane
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • Thompson Rainbow Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56382730301220000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2004
  • Directions: Highway 2 West from Kalispell turn left at mile post 73. Cross the cattle guard take a left on Rainbow Lake Loop Road Stay on the main road property will be on the right when you reach the Tee in the road
  • Listing I D: 30004975
  • Horses: No
  • Lot Size Acres: 1.97
  • Road Frontage Type: Private Road
  • Road Surface Type: Chip And Seal, Gravel
  • Subdivision Name: Thompson Rainbow Estates
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Basement: None
  • Interior Amenities: Open Floorplan
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Range, Refrigerator, Range Hood, Water Softener Owned, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Raised Hearth, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: FSC or SFI Certified Source Hardwood, Hardwood
  • Living Area: 1650.0
  • Window Features: Double Pane Windows, Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Feat.: Propane Tank - Leased
  • Roof: Asphalt
  • Fencing: None
  • Lot Features: Back Yard, Corner Lot, Corners Marked, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Many Trees, Sprinklers In Ground, Views, Wooded, Level
  • Topography: Level
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Waterfront Features: Water Access
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Propane, Phone Connected, Underground Utilities, Water Connected
  • Heating: Forced Air, Gas, Propane, Stove, Wood
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: District No. 4

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 85813.2
  • Parcel #: 56382730301220000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2089.8

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Lbo Properties Lllp
Bought by
Sanders Scott R
Total Days on Market
256
Current Estimated Value
$526,020

Purchase Details

Listed on
May 3, 2023
Closed on
Mar 15, 2024
Sold by
Unruh Martin
Bought by
L B O Properties Lllp
Seller's Agent
Brad Borden
Montana Brokers, Inc.
Buyer's Agent
Brad Borden
Montana Brokers, Inc.
List Price
$725,000
Sold Price
$530,000
Premium/Discount to List
-$195,000
-26.9%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Feb 8, 2023
Sold by
Brooks Michele
Bought by
Unruh Martin

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jan 24, 2022
Sold by
Richard S Wood Revocable Trust
Bought by
Brooks Michele and Kratz Barry
Seller's Agent
Doreen Gullingsrud
DeShazer Ryan Realty
Buyer's Agent
Sharron Sverdrup
Kootenai River Realty
List Price
$725,000
Sold Price
$550,000
Premium/Discount to List
-$175,000
-24.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.00%
Original Mortgage
$200,000
Interest Rate
3.11%
Mortgage Type
New Conventional

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
Sanders Scott R -- None Listed On Document
Sanders Scott R -- None Listed On Document
L B O Properties Lllp -- Flying S Title & Escrow
Unruh Martin -- Flying S Title And Escrow Of M
Brooks Michele -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Michele $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold -- -- --
08/04/2023 08/04/23 Price Changed $585,000 -7.1% $355 / Sq Ft
07/21/2023 07/21/23 Price Changed $630,000 -6.7% $382 / Sq Ft
07/07/2023 07/07/23 Price Changed $675,000 -2.9% $409 / Sq Ft
05/30/2023 05/30/23 Price Changed $695,000 -4.1% $421 / Sq Ft
05/03/2023 05/03/23 For Sale $725,000 +26.1% $439 / Sq Ft
01/24/2022 01/24/22 Sold -- -- --
11/09/2021 11/09/21 Price Changed $575,000 -3.4% $351 / Sq Ft
08/04/2021 08/04/21 Price Changed $595,000 -17.9% $364 / Sq Ft
06/13/2021 06/13/21 For Sale $725,000 -- $443 / 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 $2,167 $424,994 $0 $0
2023 $2,921 $462,600 $0 $0
2022 $1,629 $281,600 $0 $0
2021 $1,942 $281,600 $0 $0
2020 $2,087 $244,200 $0 $0
2019 $2,071 $244,200 $0 $0
2018 $2,022 $231,300 $0 $0
2017 $1,668 $231,300 $0 $0
2016 $1,562 $173,879 $0 $0
2015 $968 $173,879 $0 $0
2014 $1,152 $103,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30004975

Montana Regional MLS

APN: 56-3827-30-3-01-22-0000