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4055 Rimrock Road

4055 Rimrock Road, Billings, MT 59106
Property in Yellowstone
Sold Aug 02, 2021
$379,700
$303,750 by Universal Lending Corp
Mortgage Due Sep 01, 2051
Sold Dec 20, 2011
$231,800
$228,705 by Universal Lending Corp
Mortgage Due Jan 01, 2042
Local assessors in Billings, MT have categorized 4055 Rimrock Road as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 13,680 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 4055 Rimrock Road has a total of 2,724 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,404 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 average. 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 - C. The building has a gable style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4055 Rimrock Road was last sold in Jul 28, 2021 for $379,700. According to our calculations, that's $132.58 per sqft. Prior to that sales transaction, the property was sold for $231,800 in Dec 20, 2011. Current property owners are expected to pay $3,425 in taxes per year. The property on 4055 Rimrock Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $411,100. To break that down further, the land itself was valued at $108,895. While improvements to the property were assessed at a total of $302,205. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,404
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,680
  • Total Building Area: 2,864
  • Gross Building Area: 2,864
  • Building Area: 2,724
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,724
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PALISADES PARK SUBD 4TH FILING
  • Land Acres: 0.314
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALISADES PARK SUBD 4TH FILING, S28, T01 N, R25 E, BLOCK 1, LOT 13

Ownership

  • Current Owner : KIRSCHENMANN TARA
  • Current Owner 2: KIRSCHENMANN THOMAS
  • Previous Owner : KIRSCHENMANN THOMAS
  • Owner Before Previous Owner: MORELAND JAMES L
  • Owner Before Previous Owner 2: BAKKEN BETH E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Billings High School District
  • Census Tract: 001801

Zoning

  • Zoning: R-96

Geography

  • Parcel: 03-1032-28-4-01-13-0000
  • Block: 1
  • Lot: 13
  • Meridian: SEC 28 TWN 01N RNG 25E
  • Municipality: BILLINGS
  • Latitude: 45.799
  • Longitude: -108.62

    Address

  • Full Address: 4055 Rimrock Rd
  • Address - House Number: 4055
  • Address - Street Name: Rimrock
  • Address - Suffix Type: Rd
  • State: MT
  • City Name: Billings
  • Carrier Code: R016
  • 4-Digit Zip Code: 1424
  • Zip Code: 59106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,425
  • Tax Rate Code Area: 0965

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 70
  • Final Value: 482,338
  • High Value: 586,935
  • Low Value: 377,741

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $378,750
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $303,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: VALLEY FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 13, 2022
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 163
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 30, 2036

    Market Valuation

  • Market Total Value: $411,100
  • Market Land Value: $108,895
  • Market Improvement Value: $302,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,100
  • Assessed Land Value: $108,895
  • Assessed Improvements Value: $302,205

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846255223
  • Current Sale Price: $379,700
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 3982472
  • Previous Sale Recording Date: Dec 20, 2011
  • Previous Sale Contract Date: Dec 20, 2011
  • Previous Sale Amount: $231,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $303,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL LENDING CORP
  • Previous Mortgage Transaction Date: Dec 20, 2011
  • Previous Mortgage Loan Amount: $228,705
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About Billings



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Frequently Asked Questions

What neighborhood is 4055 Rimrock Road located in?
The 4055 Rimrock Road is a located in the neighborhood of Yellowstone in Billings, Billings.
What is the average sales price for listings in 4055 Rimrock Road?
The average sales price for units in 4055 Rimrock Road is $0 currently.

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