10 months on rocket

507 Bighorn Dr, Thompson Falls, MT, 59873

$795,000

Home List Price

$9,441*

Closing Credit

0 Baths
Condo

Location

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507 Bighorn Dr, Thompson Falls$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1982
HeatingRadiant Ceiling
CoolingWindow Unit(s)
BasementYes
MLS #30016388
Lot Size1.11 Acres
StatusActive

About 507 Bighorn Dr

A very unique opportunity. 6 apartments with a partial basement that probably could be finished for 2 more apartments .This building is energy efficient and has a 100 lb snow load roof to boot. Southern exposure and on a paved road. And zoned Residential "B" multifamily by the City of Thompson Falls.! So when the city completes the sewer here, I believe you will gain at least two more buildings sites and maybe three (situated on acre of land). So you could build more houses or more duplexes or more apartments houses or even some tiny houses! Light covenants. We welcome 1031 TFE! Great bunch of tenants by the way and 5 of the 6 tenants have vouchers funded by the federal gov. For a depreciation write off on your taxes, inflation hedge protector, additional buildings sites and potential expansion . Ca$h Ok or Owners would "carry" with like maybe 30%-50% ish dn. The ROI is about 5.5%, on a very generous budget, if you subtracted the 3 additional bldg. sites from the cost of purchasing. The city sewer project will put this 6 plex on the system probably next year. When that happens there will be at least two more building sites that could then have more housing for the area as this project sits on one plus acres in the city.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Tri-Level
  • Year Built: 1982

Listing Office:

  • Office Name: Bennett Homes, Realty & Invest
  • Office Phone: (406) 827-4663
  • Listing Agent: David Bennett

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Playground, Rain Gutters

Lot Features

Lot Information:

  • Lot Size: 1.11 Acres

Utilities

Utilities Information:

  • Heating: Radiant Ceiling
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Up Church Street to Bighorn Dr. First on the left. MOUNTAIN HOUSE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000

Tax Information:

  • Annual Amount: $2,836
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Thompson Falls, MT.

Med. Sold Price

$173.2K

Med. Price/SqFt

$109

Avg. Days On Market

49

# of Sold Homes

2

507 Bighorn Dr vs Thompson Falls

328 DAYS ON ROCKET

+279 Days

$795,000

+$621.7K More

KEY TAKEAWAY

This property is $621.7K more than the Median Sold Price in Thompson Falls, MT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30016388

Listing Office:

  • Office Name: Bennett Homes, Realty & Invest
  • Office Phone: (406) 827-4663
  • Listing Agent: David Bennett

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: 12/23/2024, 10:21:01 PM 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$2,836$306,800
2020$4,291$345,700
2019$3,201$345,700
2018$3,947$327,600
2017$3,007$327,600

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-1270561
5
/10
  • Thompson Falls Elementary School

  • 315 Columbia

  • 0.60 miles

  • Public District Grades PK-6

school-card-donut-1270562
6
/10
  • Plains Elementary School

  • 412 Rittenours St

  • 22.87 miles

  • Public District Grades PK-6

school-card-donut-1270563
5
/10
  • St Regis School

  • 90 Tiger St

  • 23.41 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,128. Most Thompson Falls, MT residents have annual incomes less than $35k. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Bighorn Dr

What is the listing price of this property?

The listing price of 507 Bighorn Dr property is $795,000.

What type of property is this?

The property 507 Bighorn Dr is a condo located in Thompson Falls, Montana, 59873.

Is this property for sale now?

Active Listing: 507 Bighorn Dr 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 $2,836 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 507 Bighorn Dr is 1982.

Rocket HomesMontanaSanders CountyThompson Falls59873507 Bighorn Dr

This home is located at 507 Bighorn Dr in Thompson Falls, MT and zip code 59873. This home, which was built in 1982, sits on a 1.11 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $795,000.

Thompson Falls, MT housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. Between October 2024 and November 2024, Thompson Falls, MT real estate market has seen increase in the number of listings by 11.1%. Listings spent 49 days on the market in November 2024, and had a median list price of $173,250 during the same period.

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

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