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605 North 2nd Street West

605 North 2nd Street West, Missoula, MT 59802
Property in Northside
Sold May 10, 2023
$754,110
$567,000 by Montana Homeownership Network
Mortgage
Sold May 10, 2023
Transfer
605 North 2nd Street West has been categorized by the local assessors in Missoula, MT as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 2021. The home has a total of 28 bedrooms. Residents will have access to 28 full bathrooms. There are 28 partial bathrooms in the home. The building has a total of 2 stories. In addition, 605 North 2nd Street West has 5,881 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,275 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 605 North 2nd Street West sold most recently in May 10, 2023 for a total of $754,110. If you work out the math, that's approximately a cost of $87.88 per sqft. 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 $7,092 in taxes each year. 605 North 2nd Street West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $711,500. If we break it down further, the land itself was valued at $153,998. Improvements to the property, however, were assessed at a total of $557,502. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1930
  • Effective Year Built: 2021
  • Building Count: 2
  • Bedroom Count: 28
  • Bathroom Count: 28
  • Full Bathrooms: 28
  • Partial Bathrooms: 28
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Type: Unspecified basement
  • Basement Area: 2,700
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,275
  • Total Building Area: 8,581
  • Gross Building Area: 8,662
  • Building Area: 5,881
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 5,881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: URLIN ADDITION
  • Land Acres: 0.167
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: URLIN ADDITION, S15, T13 N, R19 W, BLOCK 99, LOT 1 - E26 OF 2

Ownership

  • Current Owner : WOLF AVENUE COLLECTIVE INC
  • Previous Owner : BANGS COLLIN K
  • Owner Before Previous Owner: BANGS COLLIN K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Missoula Elementary School District
  • Census Tract: 000203

Zoning

  • Zoning: 3

Geography

  • Account Number: 0001070009
  • Parcel: 04-2200-15-3-01-02-0000
  • Block: 99
  • Lot: 1-2
  • Municipality: MISSOULA
  • Latitude: 46.8798
  • Longitude: -113.997

    Address

  • Full Address: 605 N 2nd St W
  • Address - House Number: 605
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MT
  • City Name: Missoula
  • Carrier Code: C014
  • 4-Digit Zip Code: 2917
  • Zip Code: 59802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,092
  • Tax Rate Code Area: 0583

    Appraisal Valuation

  • Standard Deviation: 0.4394
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 12
  • Final Value: 548,020
  • High Value: 788,834
  • Low Value: 307,205

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $582,000
  • First Open Lien Mortgage Lender: MONTANA HOMEOWNERSHIP NETWORK
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $567,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Recording Date: May 10, 2023
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $711,500
  • Market Land Value: $153,998
  • Market Improvement Value: $557,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,500
  • Assessed Land Value: $153,998
  • Assessed Improvements Value: $557,502

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906381724
  • Current Sale Price: $754,110
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4904
  • Previous Sale Recording Date: May 10, 2023
  • Previous Sale Contract Date: May 10, 2023
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONTANA HOMEOWNERSHIP NETWORK
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $567,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Transaction Date: May 10, 2023
  • Second Mortgage Loan Amount: $15,000
  • Second Mortgage Terms: 360

About Northside



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Frequently Asked Questions

What neighborhood is 605 North 2nd Street West located in?
The 605 North 2nd Street West is a located in the neighborhood of Northside in Northside, Missoula.
What is the average sales price for listings in 605 North 2nd Street West?
The average sales price for units in 605 North 2nd Street West is $0 currently.

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