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31901 US Highway 2, Libby, MT, 59923

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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31901 US Highway 2, Libby$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1971
CoolingCentral Air
BasementYes
ViewMountain(s)
MLS #30034317
Lot Size1.19 Acres
StatusActive

About 31901 US Highway 2

This well-maintained 16-unit hotel is an excellent investment opportunity! Ideally situated close to local amenities, this property offers a convenient stay for guests while ensuring an inviting atmosphere. Clean and comfortable rooms which are meticulously maintained, providing a welcoming space for guests. Just minutes away from restaurants, shops, and attractions, making it a desirable choice for travelers. There is a dedicated, livable space for on-site management enhancing operational efficiency and guest satisfaction, and A relaxing outdoor area for guests to unwind or for potential outdoor activities. This hotel has a large parking lot accommodating guests and staff, ensuring easy access. The Sandman has a strong occupancy rates in a thriving area with potential for growth with added amenities or services. Cap rate is 5%. Contact Ashley Miner at 406-293-0951, or your real estate professional today!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Tri-Level
  • Year Built: 1971

Listing Office:

  • Office Name: CENTURY 21 Summit Realty
  • Office Phone: (406) 293-5107
  • Listing Agent: Ashley Miner

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot Size: 1.19 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head northwest on US-2 W/W 9th St toward Main Ave Continue to follow US-2 W 0.7 mi Turn right Destination will be on the right 325 ft

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $6,230
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Libby, MT.

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Libby, MT

City

Med. Sold Price

$345K

Med. Price/SqFt

$225

Avg. Days On Market

119

# of Sold Homes

4

31901 US Highway 2 vs Libby

57 DAYS ON ROCKET

-62 Days

$2,200,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Libby, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30034317

Listing Office:

  • Office Name: CENTURY 21 Summit Realty
  • Office Phone: (406) 293-5107
  • Listing Agent: Ashley Miner

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,230$563,900
2020$6,071$486,800
2019$5,465$486,800
2018$5,369$416,599
2017$4,568$416,599

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3818631
7
/10

  • Libby Elementary School

  • 101 Ski Rd

  • 0.84 miles

  • Public District Grades PK-6

school-card-donut-3818632
6
/10

  • W F Morrison School

  • 501 East Kalispell

  • 15.46 miles

  • Public District Grades PK-6

school-card-donut-3818633
4
/10

  • Noxon School

  • 300 Noxon Ave

  • 29.45 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. Residents of Libby, MT typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31901 US Highway 2

What is the listing price of this property?

The listing price of 31901 US Highway 2 property is $2,200,000.

What type of property is this?

The property 31901 US Highway 2 is a condo located in Libby, Montana, 59923.

Is this property for sale now?

Active Listing: 31901 US Highway 2 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,230 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 31901 US Highway 2 is 1971.

Rocket Homes›Montana›Lincoln County›Libby›59923›31901 US Highway 2

This home is located at 31901 US Highway 2 in Libby, MT and zip code 59923. This home, which was built in 1971, sits on a 1.19 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $2,200,000.

Libby, MT housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The number of homes for sale in Libby, MT decreased by 13.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $345,000, while the average time on the real estate market was 119 days.

From Rocket Homes Real Estate and based on county public records data.

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