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304 Water Street

304 Water Street, Sheridan, MT 59749
Property in Madison
Sold Sep 14, 2012
$84,600
$83,460 by Mountain West Bank Na
Mortgage Due Oct 01, 2042
Sold Oct 27, 2005
$68,800
$55,000 by Ruby Valley National Bank
Mortgage
Local assessors in Sheridan, MT have categorized 304 Water Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 32,452 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 304 Water Street has a total of 780 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a shed style roof that was made of roll composition. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with gas. The property was last sold in Sep 13, 2012 for $84,600. That's $108.46 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2005 for $68,800. 304 Water Street was last assessed in 2023. The total value of the property was assessed at $138,568. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,036. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Shed
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 32,452
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 780
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ACRE TR 48B MINOR SUB
  • Land Acres: 0.745
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACRE TR 48B MINOR SUB, S27, T04 S, R05 W, ACRES 0.745, PLAT 2/173

Ownership

  • Current Owner : WALTER MICHAEL A
  • Previous Owner : LINDSEY GLENN B
  • Previous Owner 2: LINDSEY SHELLY R
  • Owner Before Previous Owner: SMITH BEVERLY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sheridan Elementary School District
  • Census Tract: 000300

Geography

  • Account Number: 0007017900
  • Subdivision Tract Number: 48
  • Parcel: 25-0593-27-4-14-06-0000
  • Meridian: SEC 27 TWN 04S RNG 05W
  • Municipality: SHERIDAN
  • Latitude: 45.4566
  • Longitude: -112.202

    Address

  • Full Address: 304 Water St
  • Address - House Number: 304
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MT
  • City Name: Sheridan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9512
  • Zip Code: 59749

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,036
  • Tax Rate Code Area: 0537

    Appraisal Valuation

  • Standard Deviation: 0.2693
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 61
  • Final Value: 238,523
  • High Value: 302,772
  • Low Value: 174,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,460
  • First Open Lien Mortgage Lender: MOUNTAIN WEST BANK NA
  • First Open Lien Mortgage Recording Date: Sep 14, 2012
  • First Open Lien Mortgage Loan Amount: $83,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $138,568
  • Market Land Value: $53,788
  • Market Improvement Value: $84,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,568

    Sales

  • Current Sale Contract Date: Sep 13, 2012
  • Current Sale Recording Date: Sep 14, 2012
  • Current Sale Transaction ID: 1122978287
  • Current Sale Price: $84,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 147499
  • Previous Sale Recording Date: Oct 27, 2005
  • Previous Sale Contract Date: Oct 26, 2005
  • Previous Sale Amount: $68,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST BANK NA
  • First Mortgage Transaction Date: Sep 14, 2012
  • First Mortgage Loan Amount: $83,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: RUBY VALLEY NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 27, 2005
  • Previous Mortgage Loan Amount: $55,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Sheridan



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Frequently Asked Questions

What neighborhood is 304 Water Street located in?
The 304 Water Street is a located in the neighborhood of Madison in Sheridan, Sheridan.
What is the average sales price for listings in 304 Water Street?
The average sales price for units in 304 Water Street is $0 currently.

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