Property Overview
This one-and-three-quarter storey home on Overdale Street in Deer Lodge presents a distinct blend of space, location, and potential. Its key appeal lies in its generous living area of nearly 2,000 sqft, which ranks well above average for both the immediate street and the wider Deer Lodge neighborhood. The lot size is also a significant asset, offering over 6,000 sqft of land in a mature community. Built in 1923, the home is a classic example of its era and comes with a basement that has not been renovated. Notably, it lacks a garage and a pool.
The property would suit buyers looking for a character home with ample indoor and outdoor space, who are prepared for the maintenance and potential updates that come with an older build. Its above-average square footage in a desirable neighborhood makes it a compelling canvas for a buyer with renovation or customization plans. The recent sale history suggests a market that recognizes its value, making it a solid option for those seeking a home with good bones in a well-established area, rather than a move-in-ready modern property.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was last assessed at $33,500, but sold for $360,000 in December 2023. This large discrepancy is common, as municipal assessments for tax purposes often lag significantly behind current market values, especially after a recent sale.
2. What does the "above average" living area ranking mean for Deer Lodge?
Ranking in the top 2% for living area in Deer Lodge means this home is significantly larger than most in the neighborhood. It offers space that is rare for the area, which is a major advantage for growing families or those wanting more room.
3. Are there any obvious concerns from the provided metrics?
The data shows the home's age (1923) ranks in the bottom 20% on its street, meaning it is one of the older homes in the vicinity. This typically suggests a greater need for attention to aging components like wiring, plumbing, or the roof, which should be factored into budgeting.
4. How does the lot size benefit a buyer?
At over 6,000 sqft, the lot is larger than approximately 90% of lots in Deer Lodge. This provides excellent outdoor space for gardening, recreation, or future additions like a garage or deck, which is a valuable and scarce commodity in mature neighborhoods.
5. What is the likely condition given the description of the basement?
The note that the basement is "not renovated" indicates it remains in a largely original or utilitarian state. Buyers should anticipate a space that is functional for storage and utilities but may require significant investment to finish as living space, and should be inspected for moisture issues common in older foundations.