3115 1st Ave S Great Falls, MT 59401

5 beds · 1 bath · 1,652 sq ft · Lot Size: 7,492 sq ft · Single Family Home
Est. Property Value: $219,715
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3115 1st Ave S is in the 59401 neighborhood of Great Falls, MT. It is located in Cascade County and ZIP code 59401. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 1652 sq ft with 5 bedrooms and 1 bathroom and sits on a 7492 sq ft lot. According to public records, it was last sold in 2005 for $87,115 and has a tax-assessed value of $235,300, which is $133 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3115 1st Ave S Great Falls, MT 59401 with Property Intel by Whitepages.

3115 1st Ave S

Great Falls, MT 59401

Neighborhood

Owners & Occupancy for 3115 1st Ave S

No contact information is available.

Occupancy

Resident 1************** age 53
Resident 2************** age 54
Resident 3*************** age 55

Property Financials for 3115 1st Ave S

3115 1st Ave S, Great Falls, MT has a mortgage from Long Bch Mtg Co (orig. August 15, 2017). The Cascade county assessment for 2024 values it at $235,300, with annual taxes of $2,457.

Mortgage & Equity Information

Loan Amount$******
LenderLong Bch Mtg Co
Origination DateAugust 15, 2017
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateJune 14, 2005
Property Tax Amount$2,457 in 2024
Purchase Price$87,115
Assessed Value$235,300 on 2024

Investment Potential for 3115 1st Ave S

The property has a current estimated value of $219,715, which is 17% below the zip median, based on public records. It last sold on June 14, 2005 for $87.1K. Projected long-term
is $18,600 annually ($1,550 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 59401.

Long-Term

Gross Rental
$18,600 per year($1,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 59401 zip code
 
View Rental Potential

Property Details for 3115 1st Ave S

Property Details

Property Sq Ft

Living Area

1,652 sq ft

21% below market

Lot Size

7,492 sq ft

0% above market

Price Per Sq Ft

Living Area

$133 / sq ft

3% above market

Lot Size Area

$29 / sq ft

19% below market

Property condition, age, exterior, etc. for 3115 1st A…
Longitude: -111.252935 Latitude: 47.504271 Parcel Number (APN): 02-3016-08-2-18-04-0000…

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Market Benchmarks

Compare data for 3115 1st Ave S in Cascade County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$219,715
$488,546
-$268,831 (-55%)
$643,901
-$373,121 (-58%)
YoY Price Change
2.69%
-234%
Year Built
1920
1983
-63 years
Living Space
1,652 sq ft
2,513 sq ft
-861 (-34%)
$ Per Living Sq Ft
$133
$191
-$58 (-30%)
Lot Size
7,492 sq ft
14,900 sq ft
-7408 (-50%)
$ Per Lot Sq Ft
$29
$28
$1 (4%)

Net Operating Income
$19,822
-$7,768 (-39%)
Annual Revenue
$18,600
$32,400
-$13,800 (-43%)
$11,609
-$5,063 (-44%)
Net Operating Income
$19,822
-$7,768 (-39%)
Cap Rate
3.89%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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