ViewAgricultural, Mountain(s), Valley, Trees/Woods
MLS #389670
StatusActive
About 420 Sage Ave
Ready just in time for 2024 fishing season on the majestic Madison River! Here is a very unique opportunity to own an upscale condominium fourplex in the storied town of Ennis Mt, home base to southwest Montana recreational opportunities. There are four 1632 sq ft units in this building, all 3 bedroom, 2 bathroom, each having private attached one car garage and gear storage room. Each unit possesses front row views of the Madison Range which can be enjoyed from deck as well as living area and primary bedroom. This development is close to the main street of Ennis, Madison Grocery, Deemos meats and all the fun restaurants, shops and bars and is a short drive to a variety of Madison river access points. Please inquire about investment summary which details projected cash flow from short term rental program, NOI, IRR models etc. Happy to discuss 1031 exchange timing!
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.
$14K
Per Month
Principal & Interest
$13.9K
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)
$0
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
$8,461
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
7
/10
Ennis School
101 Charles Ave
Distance between this listing and this school0.23 miles
Public District Grades PK-6
High School
3
/10
Ennis High School
223 Charles Ave
Distance between this listing and this school0.21 miles
Public District Grades 9-12
Assigned Schools
7
/10
Ennis School
101 Charles Ave
Distance between this listing and this school0.23 miles
Public District Grades PK-6
Nearby Schools
6
/10
Ophir Elementary School
45465 Gallatin Rd # RD30
Distance between this listing and this school25.00 miles
Public District Grades PK-6
Nearby Schools
8
/10
Ophir 7-8
45465 Gallatin Rd # RD30
Distance between this listing and this school25.00 miles
Public District Grades 6-8
Assigned Schools
3
/10
Ennis High School
223 Charles Ave
Distance between this listing and this school0.21 miles
Public District Grades 9-12
Nearby Schools
7
/10
Sheridan High School
107 Madison St
Distance between this listing and this school23.34 miles
Public District Grades 9-12
10
/10
Lone Peak High School
45465 Gallatin Rd # RD30
Distance between this listing and this school25.00 miles
The neighbors living near this home have an average income of $48,460. Typical income of Madison County, MT residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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 420 Sage Ave in Ennis, MT and zip code 59729. This home was built in 2023. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $2,800,000.
In April 2024, from all listings sold in Madison County, MT there were more than 2 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The number of listings in Madison County, MT increased by 2.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 186 days, the median list price was $512,250.
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 of the Gallatin Association of Realtors/Big Sky Country MLS. 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. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Figure Skating
Figure Skating
Hunting
NASCAR
Dollar General
Wal-Mart
Bass Pro Shops
Applebees
Hardee's
Texas Roadhouse
Cadillac
Ram
GMC
Classic Country
New Country
Oldies