Question 1

What is the asking price for 243 4TH, Montpelier?

Accepted Answer

243 4TH, Montpelier is listed at $4,200,000.  This listing is currently active and available for showings.

Question 2

When was 243 4TH, Montpelier built?

Accepted Answer

This property was built in 1980, making it 46 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 3

What type of property is 243 4TH, Montpelier?

Accepted Answer

243 4TH, Montpelier is a Commercial Sale (Hotel/Motel).   Zoning: Commercial, Short Term Rental Allowed.

Question 4

Is there an HOA for 243 4TH, Montpelier?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 5

What are the property taxes for 243 4TH, Montpelier?

Accepted Answer

Annual property taxes for this property are approximately $18,632 (about $1,553/month). This represents an effective tax rate of approximately 0.44% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

What are the key features of 243 4TH, Montpelier?

Accepted Answer

Interior features include: Laundry: Central.

Question 7

How long has 243 4TH, Montpelier been on the market?

Accepted Answer

This property has been listed for 22 days. The average days on market in Montpelier is 122 days, meaning this listing is moving faster than the local average.

Question 8

How does this listing compare to the Montpelier market?

Accepted Answer

243 4TH, Montpelier is listed at $4,200,000, which is above the Montpelier median of $299,000 by $3,901,000. There are currently 31 active listings in Montpelier. Homes in Montpelier sell in an average of 122 days. The average sale-to-list ratio is 94.3%.

Question 9

What is the Montpelier real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Montpelier is $299,000. There are currently 31 active listings. Homes sell in an average of 122 days. The average sale-to-list ratio is 94.3%. This listing at $4,200,000 is above the Montpelier 2026 median.

Question 10

Are there other homes for sale in Montpelier?

Accepted Answer

Yes — there are currently 31 active listings in Montpelier. Browse all Montpelier homes for sale at propaired.ai/listings/id/montpelier. Prices range around a median of $299,000. Homes in Montpelier are selling in about 122 days on average.

Question 11

How does this price compare to the Utah state average?

Accepted Answer

At $4,200,000, this property is above the Utah state median of $510,000 by $3,690,000. Montpelier prices are 41% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 12

What type of flooring does 243 4TH, Montpelier have?

Accepted Answer

Flooring types include: Carpet,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 13

What would homeowner's insurance cost for 243 4TH, Montpelier?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $4,200,000, expect approximately $12,600-$21,000/year ($1,050-$1,750/month).   Get multiple quotes — rates vary significantly by insurer.

Question 14

What are the estimated closing costs for 243 4TH, Montpelier?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $4,200,000, expect approximately $84,000-$210,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 15

How does the property tax compare to the list price at 243 4TH, Montpelier?

Accepted Answer

The annual property tax of $18,632 represents an effective rate of 0.44% relative to the list price of $4,200,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 16

Is 243 4TH, Montpelier eligible for FHA or VA financing?

Accepted Answer

At $4,200,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 17

Could 243 4TH, Montpelier be a 1031 exchange property?

Accepted Answer

Yes, 243 4TH, Montpelier could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 18

What is the price trend in Montpelier?

Accepted Answer

Montpelier's median price has remained stable month-over-month. Current median: $299,000. Days on market have decreased by 0.0% month-over-month. Homes are selling at 94.3% of list price on average. Monitor these trends to time your offer strategically.

Question 19

Is 243 4TH, Montpelier move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 20

What updates might 243 4TH, Montpelier need?

Accepted Answer

At 46 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement.   These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 21

Does 243 4TH, Montpelier come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 22

What is the lot like at 243 4TH, Montpelier?

Accepted Answer

The lot is 2.33 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

243 4TH, Montpelier, ID 83254

243 N 4TH ST, Montpelier, ID 83254

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