NOT LISTED FOR SALE

Estimated Value: $311,000 - $485,077

2 Beds
3 Baths
2,708 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 06, 2023

Current estimated payment $2,571/month

57 Days on Market

About This Home

As of November 2023

Welcome to 801 11th Ave, located on the corner of Raleigh and 11th Ave in the vibrant and sought-after south-central area of Helena, MT. This unique property is a 1933 bungalow that has been tastefully converted into a tri-plex, offering a fantastic opportunity for investors or homeowners seeking an income-generating property. Situated on a spacious .10-acre corner lot, this multi-family residence boasts convenience, character, and endless potential. The main level of this tri-plex features a spacious and well-maintained 2-bedroom, 1-bathroom unit, offering approximately 1354 square feet of comfortable living space. Upon entering, you'll be greeted by the charm of the original bungalow architecture, complemented by modern updates and amenities. The unit offers a warm and inviting ambiance, with ample natural light filtering through large windows. The property includes two separate lower-level units. The first unit is a cozy 1-bedroom, 1-bathroom unit, perfect for a single individual or couple. The second unit is a stylish studio, providing a convenient and comfortable living space. With the property's tri-plex configuration, you have the flexibility to rent out all three units separately, maximizing rental income. Alternatively, you may choose to live in one unit while renting out the others, helping to offset mortgage expenses and build equity. The property's desirability in the Helena rental market ensures a steady flow of potential tenants.

Last Agent to Sell the Property

Phil Shields

The Synergy Group License #RRE-BRO-LIC-79250 Listed on: 08/03/2023

Co-Listed By

Courtney Smith

Platinum Real Estate - Helena License #RRE-RBS-LIC-89120

Last Buyer's Agent

Jeri Matthews

Big Sky Brokers, LLC License #RRE-BRO-LIC-15173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1933

Lot Details

  • 4,466

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • 2,708 Sq Ft Home
  • Triplex
  • Bungalow
  • Brick Foundation
  • Concrete Perimeter Foundation

Laundry

  • Dryer
  • Washer

Additional Features

  • Electric Range
  • 4,466 Sq Ft Lot
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05188830416410000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,634

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1933
  • Directions: Corner of Raleigh and 11th Ave. GPS will take you right to the home.
  • Listing I D: 30011396
  • Lot Size Acres: 0.103
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 543001658
  • Co List Office Phone: 406-438-0140
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Structure Type: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4466.0
  • Parcel #: 05188830416410000
  • Zoning Description: 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3634.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 18, 2023
Sold by
Leah G Kindsthy Trust
Bought by
Tummel Matthew D
Seller's Agent
Phil Shields
The Synergy Group
Buyer's Agent
Jeri Matthews
Big Sky Brokers, LLC
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%
Views
154
Current Estimated Value
$410,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,269
Avg. Annual Appreciation
4.22%
Original Mortgage
$300,000
Outstanding Balance
$295,775
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$105,206

Purchase Details

Closed on
Mar 5, 2010
Sold by
Nys Nancy L
Bought by
Coslet Ralph

Purchase Details

Closed on
Jan 9, 2007
Sold by
Kindschy Leah G
Bought by
Nys Nancy L
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
Tummel Matthew D -- Flying S Title & Escrow
Coslet Ralph -- Chicago Title
Nys Nancy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tummel Matthew D $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold -- -- --
09/29/2023 09/29/23 Price Changed $375,000 -6.2% $138 / Sq Ft
08/23/2023 08/23/23 Price Changed $399,900 -2.5% $148 / Sq Ft
08/03/2023 08/03/23 For Sale $410,000 -- $151 / 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 $3,425 $357,800 $0 $0
2023 $4,113 $357,800 $0 $0
2022 $3,634 $265,900 $0 $0
2021 $2,950 $265,900 $0 $0
2020 $3,540 $253,600 $0 $0
2019 $3,544 $253,600 $0 $0
2018 $3,240 $230,900 $0 $0
2017 $2,303 $230,900 $0 $0
2016 $2,713 $208,100 $0 $0
2015 $2,117 $208,100 $0 $0
2014 $1,998 $108,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30011396

Montana Regional MLS

APN: 05-1888-30-4-16-41-0000