6 months on rocket

31189 US Highway 2, Libby, MT, 59923

$726,500

Home List Price

$8,627*

Closing Credit

4 Bedrooms
2 Full Baths
1,368 SqFt
$531/SqFt
House
Schools Nearby

Location

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31189 US Highway 2, Libby$726,500

Buyer Closing Credits

$8,627*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking
Garage1 space
Year Built1940
HeatingElectric, Forced Air
BasementYes
ViewMountain(s), Valley, Trees/Woods
MLS #30016282
Lot Size1.40 Acres
StatusActive

About 31189 US Highway 2

Prime Commercial Opportunity with Highway Frontage Unlock the potential of this remarkable property boasting 400 feet of prime frontage along Hwy 2, strategically positioned beyond the city limits. Spanning 1.4 acres, this versatile offering presents a compelling prospect for entrepreneurial ventures or residential use. 3 Possible Incomes! Bargain Barn: A focal point of potential income streams, the Bargain Barn features 3-phase power, a recently upgraded electric furnace, and a new mini-split system in the Stock area, complete with a convenient half bath and a spacious 10 ft. garage door. Embrace the entrepreneurial spirit with a 2160 sq. ft. commercial building. Residential Charm: Nestled within this expansive property is a 4 bed, 2 bath, 1368 sq. ft. home, offering the convenience of on-site living or the option to repurpose into another business venture/rental property. It also includes a garage with a concrete floor and attached chicken coop. Expansion Potential: The lower portion of the lot awaits, equipped with 200-amp power and primed for connection to city water, offering the canvas for future expansion or supplementary income streams. Unique Selling Points: Unrivaled Visibility: With a traffic count surpassing 4000, this property promises unparalleled exposure for commercial endeavors. Flexibility: Whether you envision establishing a single thriving business, multiple ventures, or embracing the live-work lifestyle, this property offers the versatility to realize your vision. Investment Opportunity: Positioned for growth and innovation, seize the opportunity to capitalize on the burgeoning commercial landscape. For further details and to explore the myriad possibilities this property presents, contact Sharon S Denton at 406-291-6719, Ashley Denton at 406-300-9721, or your Real Estate Professional. Don't miss out on this rare chance to make your mark on the vibrant commercial landscape. Bring your ideas and let this property be the canvas for your entrepreneurial dreams.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940
  • Living Area: 1,368 SqFt

Listing Office:

  • Office Name: Clearwater Montana Properties - Troy
  • Office Phone: (406) 295-5500
  • Listing Agent: Sharon Denton, Ashley Denton

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Additional Parking

Lot Features

Lot Information:

  • Lot: Corners Marked, Front Yard
  • Lot Size: 1.40 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air

School Info

Assigned Schools Information:

  • Libby High School, Public District Grades 9-12
  • Libby Middle School, Public District Grades 7-8
  • Libby Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: 31189 Hwy 2 W Libby, MT

Price Information

Listing Price Info

Price Summary:

  • List Price: $726,500
  • Price Per SqFt: $531/SqFt

Tax Information:

  • Annual Amount: $2,355
  • Tax Year: 2021
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Housing Market Comparison

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

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Libby, MT

City

Med. Sold Price

$320K

Med. Price/SqFt

$217

Avg. Days On Market

150

# of Sold Homes

10

31189 US Highway 2 vs Libby

199 DAYS ON ROCKET

+49 Days

$726,500

+$406.5K More

$531/SqFt

+$313 More

KEY TAKEAWAY

This property is $406.5K more than the Median Sold Price and $313/SqFt more than other homes in Libby, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30016282

Listing Office:

  • Office Name: Clearwater Montana Properties - Troy
  • Office Phone: (406) 295-5500
  • Listing Agent: Sharon Denton, Ashley Denton

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: 6/2/2024, 2:20:36 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$2,355$240,150
2020$2,122$191,760
2019$1,876$191,760
2018$1,907$168,970
2017$1,593$168,970

History based on county public records data.

Payment Calculator

$3,693

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,245

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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-6911596
7
/10

  • Libby Elementary School

  • 101 Ski Rd

  • 1.25 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6911597
4
/10

  • Libby Middle School

  • 150 Education Way

  • 1.22 miles

  • Public District Grades 7-8

High School

school-card-donut-6911598
5
/10

  • Libby High School

  • 150 Education Way

  • 1.22 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. The majority of Libby, MT residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 31189 US Highway 2

What is the listing price of this property?

The listing price of 31189 US Highway 2 property is $726,500.

What type of property is this?

The property 31189 US Highway 2 is a house located in Libby, Montana, 59923.

Is this property for sale now?

Active Listing: 31189 US Highway 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 31189 US Highway 2 are:
Libby Elementary School: GreatSchools Rating 7/10
Libby Middle School: GreatSchools Rating 4/10
Libby High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,355 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 31189 US Highway 2 has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 31189 US Highway 2 is 1,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 31189 US Highway 2 is 1940.

Rocket Homes›Montana›Lincoln County›Libby›59923›31189 US Highway 2

This home is located at 31189 US Highway 2 in Libby, MT and zip code 59923. This 1,368 square foot home, which was built in 1940, sits on a 1.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $726,500.

Libby, MT housing market in May 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. In May 2024 in Libby, MT there were 30.6% more homes for sale than in April 2024. The median list price of listings available in May 2024 was $320,000, while the average time on the real estate market was 150 days.

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

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