7 months on rocket

400 University Ave, Missoula, MT, 59801

$1,800,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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400 University Ave, Missoula$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAdditional Parking, Alley Access, Garage, Garage Door Opener, Heated Garage
Garage2 spaces
Year Built1910
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #30015958
Lot Size0.18 Acres
StatusActive

About 400 University Ave

Think new. Think historical. Think beautiful. Think open and simple layout and fixtures. Just two blocks from the University of Montana’s main entrance and on one of the neighborhood’s grandest streets, you'll find a one-of-a-kind property with not one, but two impressive residences. Welcome to 400 and 402 University Avenue. 400 University Avenue is a 1910 classic brick home on a corner lot, and it has been totally renovated. The 2021 restoration retains early 1900s architectural details but has established the home as a truly modern living space. The restoration followed professional architectural plans that included moving the original staircase to open up passage on the main floor and adding new bathrooms, a galley kitchen, eye-catching windows, and more. You won't find a more modern flow and interior design that also preserves a classic Craftsman feel. A brand new double garage with an Additional Dwelling Unit (ADU) adds many options for the future owners of this property. As you walk through the front door to the 1700+ sqft main level, you step into an entryway open to both the living room and dining room. From the dining room, you move through a five-foot opening (which can be closed by a set of double pocket doors) to a brand new kitchen featuring large east facing windows, stainless appliances, an abundance of custom cabinetry, granite countertops, and marmoleum flooring. Two nice-sized main-floor bedrooms feature beautiful wood trim and generous closet space. One bathroom with zero-step shower and one half bathroom complete the main level living space. Under-the-stairs storage is an added bonus. Finally, the new laundry/mudroom addition is located at the back of the house off the kitchen, and leads to a back entry. Upstairs features a spacious bedroom suite with full tub/shower bathroom, plus a bonus room/office, a sitting area, and under-the-eaves storage areas.The 1697 sqft unfinished basement houses mechanicals and offers lots of potential for maybe a wine cellar, sauna, home gym, or whatever you choose. Current use is as storage space. In addition to new sewer and water lines and connections, all of the mechanical–plumbing, electrical, HVAC, appliances–were installed new in 2021. Seller is providing a recent independent home inspection, which confirms the home's and it's mechanical systems' excellent condition. Outside, a stunning wrap-around porch facing University and Hilda Avenues invites you to relax and chat with friends and neighbors. It provides an outdoor living room and an entertainment space. Between the house and garage/ADU is a stamped concrete patio that offers a private area for grilling and more. 402 University Avenue is a brand new, beautifully appointed, 592 sqft, one bedroom, one bath Accessory Dwelling Unit (ADU) located above the 713 sqft detached, double garage. The finished, heated garage can serve either the main house, the ADU, or both. Additional off-street parking adjacent to the alley and garage allows room for two more vehicles. (Rare and nice having 4 offstreet parking spots in the U area!) Add 2 City U Area residential parking permits for a total of 8. DVG Architecture plans are available upon request. Koach Construction, LLC did a fabulous job bringing these architectural plans to life. Irene Easton, Divine Design, provided interior design touches. High ceilings and quality finishes are found throughout both homes. The house is wired for security cameras. Wiring also allows shared internet service for the two dwellings, if desired. This property was intentionally designed to be the perfect home for aging in place. See the extensive list of improvements in associated documents. BONUS: Seller is willing pay up to $50,000 (Fifty thousand US dollars) towards buyer's loan interest rate buy down/closing costs. Walk, bike, or take public transportation everywhere from the property. This heart of Missoula location is not only steps away from campus, but also convenient to downtown, the Clark Fork River, hiking trails, shopping, bakeries, Hip Strip restaurants, cafes, brewpubs, medical facilities, schools, churches and all amenities offered in our wonderful city. Enjoy the online tour, but in-person or "live", "real time" virtual viewing will be the best way to fully appreciate this property. Make an appointment to see 400 & 402 University Avenue soon. You'll be glad you did.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1910

Listing Office:

  • Office Name: ERA Lambros Real Estate Missoula
  • Office Phone: (406) 532-9200
  • Listing Agent: Vickie M Honzel

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Parking, Alley Access, Garage, Garage Door Opener, Heated Garage

Virtual/3D Tour

  • Virtual Tour: 400 University Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hellgate High School, Public District Grades 9-12
  • Washington Middle School, Public District Grades 6-8
  • Paxson School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of Hilda and University Aves.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $6,528
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$560.2K

Med. Price/SqFt

$303

Avg. Days On Market

124

# of Sold Homes

60

400 University Ave vs Missoula

230 DAYS ON ROCKET

+106 Days

$1,800,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Missoula, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30015958

Listing Office:

  • Office Name: ERA Lambros Real Estate Missoula
  • Office Phone: (406) 532-9200
  • Listing Agent: Vickie M Honzel

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: 4/29/2024, 10:25:19 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$6,528$537,400
2020$6,585$495,000
2019$6,486$495,000
2018$6,704$475,800
2017$6,704$475,800

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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.

Elementary School

school-card-donut-3039648
7
/10
  • Paxson School

  • 101 Evans Ave

  • 0.40 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3039649
6
/10
  • Washington Middle School

  • 645 W Central Ave

  • 0.96 miles

  • Public District Grades 6-8

High School

school-card-donut-3039650
4
/10
  • Hellgate High School

  • 900 S Higgins Ave

  • 0.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,788. Typical income of Missoula, MT residents is less than $35k annually. The most common type of family is single, 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 400 University Ave

What is the listing price of this property?

The listing price of 400 University Ave property is $1,800,000.

What type of property is this?

The property 400 University Ave is a house located in Missoula, Montana, 59801.

Is this property for sale now?

Active Listing: 400 University Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 400 University Ave are:
Paxson School: GreatSchools Rating 7/10
Washington Middle School: GreatSchools Rating 6/10
Hellgate High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,528 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 400 University Ave is 1910.

Rocket HomesMontanaMissoula CountyMissoula59801400 University Ave

This home is located at 400 University Ave in Missoula, MT and zip code 59801 in the University District neighborhood. This home, which was built in 1910, sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 11, 2023 and is currently priced at $1,800,000.

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 inventory of homes for sale in Missoula, MT between February 2024 and March 2024 increased by 14.9%. While the average time on the market in March 2024 was 124 days, the median list price was $560,281.

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

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