Like the name of the 7M4R Subdivision suggests- there are 7 different mountain ranges within view of this property with outstanding open views of Tobacco Root and Ruby Mountains, within close proximity to 4 famed Blue Ribbon trout streams: Ruby, Big Hole, Jefferson and Maddison Rivers. Recreational opportunities abound in this area!! This 5.308 acre lot is one of the largest lots in the 7M4R Subdivision located midway between Sheridan and Twin Bridges in Madison County, Montana. The property is set up for livestock/horses with four separate paddocks with wooden windbreaks, waterers and pole lights. Property has Department of Environmental Quality septic approval. Easy access off of 7M4R road from Highway 287 to the east or Tuke Lane to the west. Call for an appointment!
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway - Sheridan
Office Phone: (406) 842-5650
Listing Agent: Frank Colwell
Exterior Features
Exterior Information:
Waterfront: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 5.31 Acres
School Info
Assigned Schools Information:
Twin Bridges High School, Public District Grades 9-12
Twin Bridges School, Public District Grades PK-6
Other
Directions Information:
Directions: South from Sheridan on Highway 287, left on 7M4R or from Sheridan on Tuke Lane right on 7M4R rd. Look for signs.
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
What can I afford?
Understand what home price range makes sense for your budget.
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.
$1,315
Per Month
Principal & Interest
$1,248
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
$816
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
5
/10
Twin Bridges School
216 West 6th St
Distance between this listing and this school6.19 miles
Public District Grades PK-6
High School
9
/10
Twin Bridges High School
216 West 6th St
Distance between this listing and this school6.19 miles
Public District Grades 9-12
Assigned Schools
5
/10
Twin Bridges School
216 West 6th St
Distance between this listing and this school6.19 miles
Public District Grades PK-6
Nearby Schools
7
/10
Ennis School
101 Charles Ave
Distance between this listing and this school26.40 miles
Public District Grades PK-6
7
/10
Parkview School
22 Cottom Dr
Distance between this listing and this school26.70 miles
Public District Grades PK-5
Nearby Schools
7
/10
Dillon Middle School
14 Cottom Dr
Distance between this listing and this school26.41 miles
Public District Grades 6-8
7
/10
Whitehall 7-8
401 North Division
Distance between this listing and this school27.89 miles
Public District Grades 7-8
Assigned Schools
9
/10
Twin Bridges High School
216 West 6th St
Distance between this listing and this school6.19 miles
Public District Grades 9-12
Nearby Schools
7
/10
Sheridan High School
107 Madison St
Distance between this listing and this school3.01 miles
Public District Grades 9-12
3
/10
Ennis High School
223 Charles Ave
Distance between this listing and this school26.39 miles
The neighbors living near this home have an average income of $49,250. Residents of Madison County, MT typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT10 7m4r Rd
What is the listing price of this property?
The listing price of LOT10 7m4r Rd property is $250,000.
What type of property is this?
The property LOT10 7m4r Rd is land located in Sheridan, Montana, 59749.
Is this property for sale now?
Active Listing: LOT10 7m4r Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for LOT10 7m4r Rd are: Twin Bridges School: GreatSchools Rating 5/10Twin Bridges High School: GreatSchools Rating 9/10
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 LOT10 7m4r Rd in Sheridan, MT and zip code 59749. This home sits on a 5.31 acre lot. It has been listed on Rocket Homes since June 28, 2023 and is currently priced at $250,000.
In March 2024, from all listings sold in Madison County, MT there were more than 2 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. In March 2024 in Madison County, MT there were 9% more homes for sale than in February 2024. Listings spent 97 days on the market in March 2024, and had a median list price of $517,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.