Awesome lot in the highly desirable Invermere Subdivision in Miller Cr. Lot 25 is in phase III which is the last phase and near the end of the cul de sac . This lot is perfect for a ranch style home on a full daylight basement. (See renderings for an example). However, the builder will work with a buyer to build any home they like. All homes in this area are very nice and new construction. This neighborhood has covenants but allows parking of a boat or RV and there is room for RV parking pads. There is a new 4 acre park just up the street. The builder/lot owner is Edgell Construction. See the photos for other homes built on this street by Edgell. Listing agent is happy to meet with buyer/buyer agents to walk the whole neighborhood to point out other Edgell homes (approximately 15). Note the last photo is the house on lot 26 next door so is a great example of how a home could look on lot 25. Listed by KC Hart
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Western MT
Office Phone: (406) 926-3434
Listing Agent: K.C. Hart
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot Size: 0.39 Acres
School Info
Assigned Schools Information:
Sentinel High School, Public District Grades 9-12
Meadow Hill Middle School, Public District Grades 6-8
Cold Springs School, Public District Grades PK-5
Other
Directions Information:
Directions: Up Miller Cr, right on Carl Jo to the end of Drake ln
Price Information
Listing Price Info
Price Summary:
List Price: $175,000
HOA Fees:
Amount: $150
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Missoula, MT.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$953
Per Month
Principal & Interest
$874
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$12
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$591
Powered By
Advertisement
NMLS#3030
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.
Elementary School
8
/10
Cold Springs School
2625 Briggs St
Distance between this listing and this school1.38 miles
Public District Grades PK-5
Middle School
6
/10
Meadow Hill Middle School
4210 S Reserve St
Distance between this listing and this school1.58 miles
Public District Grades 6-8
High School
5
/10
Sentinel High School
901 South Ave W
Distance between this listing and this school3.21 miles
Public District Grades 9-12
Assigned Schools
8
/10
Cold Springs School
2625 Briggs St
Distance between this listing and this school1.38 miles
Public District Grades PK-5
Nearby Schools
6
/10
Chief Charlo School
5600 Longview Dr
Distance between this listing and this school1.17 miles
Public District Grades PK-5
6
/10
Russell School
3216 S Russell St
Distance between this listing and this school2.65 miles
Public District Grades PK-5
Assigned Schools
6
/10
Meadow Hill Middle School
4210 S Reserve St
Distance between this listing and this school1.58 miles
Public District Grades 6-8
Nearby Schools
6
/10
Target Range 7-8
4095 South Ave W
Distance between this listing and this school2.74 miles
Public District Grades 6-8
5
/10
Porter Middle School
2510 W Central Ave
Distance between this listing and this school2.81 miles
Public District Grades 6-8
Assigned Schools
5
/10
Sentinel High School
901 South Ave W
Distance between this listing and this school3.21 miles
Public District Grades 9-12
Nearby Schools
2
/10
Big Sky High School
3100 South Ave W
Distance between this listing and this school2.69 miles
Public District Grades 9-12
4
/10
Hellgate High School
900 S Higgins Ave
Distance between this listing and this school4.43 miles
The neighbors living near this home have an average income of $87,216. The most common annual income of people living in Missoula, MT is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2531 Drake Ln
What is the listing price of this property?
The listing price of 2531 Drake Ln property is $175,000.
What type of property is this?
The property 2531 Drake Ln is land located in Missoula, Montana, 59803.
Is this property for sale now?
Active Listing: 2531 Drake Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2531 Drake Ln are: Cold Springs School: GreatSchools Rating 8/10Meadow Hill Middle School: GreatSchools Rating 6/10Sentinel High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2531 Drake Ln in Missoula, MT and zip code 59803 in the Miller Creek neighborhood. This home sits on a 0.39 acre lot. It has been listed on Rocket Homes since September 01, 2023 and is currently priced at $175,000.
In March 2024 more than 11 listings in Missoula, MT were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 41 were sold below. The number of listings in Missoula, MT increased by 14.9% between February 2024 and March 2024. The median list price of listings available in March 2024 was $560,281, while the average time on the real estate market was 124 days.
From Rocket Homes Real Estate and based on county public records data.
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.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Minor League Baseball Games
BJs Wholesale Club
Stein Mart
New York & Company
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information