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640 S 3rd Ave E
Malta, MT 59538
$265,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
1939
Property Description
Charming 3-Level Home with a Finished Basement: Move-in Ready! This single-family home in Malta, Montana offers the perfect blend of style, comfort, and functionality. Located on the east side of town is this 4-bedroom, 2-bathroom, home that was built in 1923. It has been lovingly cared for over the years, and has recently undergone impressive updates. Updates include new flooring, modern light fixtures throughout, interior paint on both the main floor and basement, facia, soffit, gutters, metal roof (2013) on the house and garage, exterior paint, flooring (laminate and tile) on the main level, entryway, and basement, some new sheetrock, some plumbing/electrical updates and exterior front and back doors. Some of the home's windows have been replaced with vinyl windows though some wooden windows remain. Both bathrooms have been completely remodeled, and there was a complete kitchen remodel in 2021 that including soft-close cabinets, butcherblock countertops, a subway tile backsplash, and new appliances. There is a total of 1,939+/- square feet, 952+/- on the main floor, 315+/- in the finished attic, and 672+/- in the finished basement. Through the front door, you will enter the open living room, dining room, and kitchen areas. The stylish chevron flooring gives the area a modern/timeless touch. There is a big picture window in the living room overlooking the front yard and a new vinyl bay window in the kitchen overlooking the side yard, both are a great source of natural light. The complete kitchen remodel (2021) includes updated plumbing with deep kitchen sink, grey soft-close cabinets with a large pantry space, stained butcher block countertops, a white subway tile backsplash, and new white appliances - including a gas stove. The whole kitchen is finished with modern black industrial-style light fixtures, knobs, drawer pulls, and sink fixtures. The soft-close cabinets offer a ton of great storage space. There is room for all your normal dishware, utensils, etc., with extra room to use as a pantry and store smaller kitchen appliances. The white trim stands out against the dark laminate flooring, creating a crisp, modern look throughout the main floor. Modern Stylish Design Throughout There is access to the spacious attic bedroom from the living room. This open 315+/- sqft room is currently set up as a spare bedroom with storage space but has endless options for use. You can access the main floor primary bedroom from the living room or right off the kitchen/back entryway of the house. It is finished with a modern gray color scheme and has a modern square faux crystal chandelier - you cannot capture how beautiful this piece is, must be seen in person! One of the many little finishing touches you will find throughout the house. The primary bedroom has an attached full, en suite bathroom that was remodeled down to the studs with a new subfloor, the plumbing for the tub was new in 2015. The tub has a curved basin that gives the tub a spacious feel, along with plenty of shelving for shampoos, conditioners, etc. From the kitchen, you step down into the back entryway/mudroom area. It is finished with white tile and has room for a coat rack, shoe rack, and/or bench. This is a great area to store coats, shoes, and outdoor items. This area leads to the kitchen, basement, or roofed patio/driveway. You can conveniently park in the driveway and haul groceries straight through the back door and into the kitchen and conveniently serve your guests under the 312+/- roof back patio. Basement Space: Even More Versatility! In the basement, you will find two bedrooms (with egress windows), a 3/4 bathroom that was recently remodeled in 2023 with stunning custom tile work, an open space that could be used as a second living room area, and a laundry/utility room with shelving, counter space, and room for storage. The finished basement adds even more versatility, providing extra room for a home... Call for full write-up!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1923
MLS Number
11261608
Location
Address
640 S 3rd Ave E
City
Malta
State
MT
Zip Code
59538
County
PHILLIPS
Listing
Provider
United Country Northwest Realty & Auction, original listing
Name
United Country Northwest Realty & Auction
Phone
(406) 654-2881
Office Name
United Country Northwest Realty & Auction
Office Phone
(406) 654-2881
Agent Name
Kirsten Voegel

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.