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401 Balsam Drive

401 Balsam Drive, Bozeman, MT 59718
House in Gallatin
Sold Jul 26, 2019
$712,500
$570,000 by Morgan Stanley Private Bank Na
Mortgage Due Aug 01, 2049
Sold Mar 12, 2014
$437,500
$350,000 by Community Bank
Mortgage Due Mar 12, 2034
401 Balsam Drive has been categorized by the local assessors in Bozeman, MT as a residential type of property. The building on the property was first built in 2010 and is 14 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 401 Balsam Drive has 2,527 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 2,124 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 49,223 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,008 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 401 Balsam Drive sold most recently in Jul 23, 2019 for a total of $712,500. If you work out the math, that's approximately a cost of $281.95 per sqft. Before that, the property was also sold for $437,500 in Feb 10, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,592 in taxes each year. 401 Balsam Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,517,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,124
  • Garage Type: Garage
  • Garage Square Area: 1,008
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 2,527
  • Building Area: 2,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,527
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: HYALITE RANCH SUB
  • Land Acres: 1.13
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: HYALITE RANCH SUB, S11, T03 S, R05 E, LOT 9, ACRES 1.13, PLAT J-488 PLUS COMMON OPEN SPACE TRACTS B, C & D

Ownership

  • Current Owner : BURNETT BARBARA S
  • Current Owner 2: BURNETT JACK THOMAS
  • Previous Owner : WOODSON JAMES T
  • Previous Owner 2: WOODSON MELISSA L
  • Owner Before Previous Owner: WEICHERT WORKFORCE MOBILITY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bozeman High School District
  • Census Tract: 000502

Geography

  • Account Number: 00RHG61658
  • Parcel: 06-0698-11-1-03-13-0000
  • Lot: 9
  • Meridian: SEC 11 TWN 03S RNG 05E
  • Municipality: BOZEMAN RURAL
  • Latitude: 45.5959
  • Longitude: -111.067

    Address

  • Full Address: 401 Balsam Dr
  • Address - House Number: 401
  • Address - Street Name: Balsam
  • Address - Suffix Type: Dr
  • State: MT
  • City Name: Bozeman
  • Carrier Code: R014
  • 4-Digit Zip Code: 7802
  • Zip Code: 59718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,592
  • Tax Rate Code Area: 235036

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 1,481,212
  • High Value: 1,805,363
  • Low Value: 1,157,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 26, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $1,517,900
  • Market Land Value: $335,000
  • Market Improvement Value: $1,182,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,517,900

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11633679800
  • Current Sale Price: $712,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2651525
  • Previous Sale Recording Date: Mar 12, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK
  • Previous Mortgage Transaction Date: Mar 12, 2014
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 12, 2034

About Gallatin



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Frequently Asked Questions

What neighborhood is 401 Balsam Drive located in?
The 401 Balsam Drive is a house located in the neighborhood of Gallatin in Gallatin, Bozeman.
What is the average sales price for listings in 401 Balsam Drive?
The average sales price for units in 401 Balsam Drive is $0 currently.

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