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1516 Parkhill Dr, Billings, MT, 59102

4beds
2baths
2,214sqft
$394,900
$178price/sqft
$2,562/moest. monthly cost
$102,480/yrincome needed

About This Home

Welcome to this midtown rancher close to shopping and schools. It offers 4 bedrooms and 2 full baths with updated flooring and hardware throughout the home. The kitchen has all new appliances, new countertops and a breakfast bar. The lower level is finished with large egress windows. The living room and lower gathering room are large to accommodate entertaining. The landscaping is mature with large shade trees and a newly fenced yard. There is a concrete patio off the kitchen to enjoy outdoor entertaining. This home is move-in ready.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

5/10
3/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1957

Materials

  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Free-Standing Range,Gas Range,Oven,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area above ground: 1,107

Heating & Cooling

  • Heating features: Gas,Hot Water
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,214 sqft

Property

Details

  • Parcel number: A12720
  • Zoning description: N2 - Mid-Century Neighborhood Residential

Features

  • Levels: Two
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Fence,Sprinkler/Irrigation,Patio,Storage
  • Fencing: Fenced

Lot

  • Lot size: 8,398 sqft
  • Features: Alley,Interior Lot,Landscaped,Level,Trees,Sprinklers In Ground

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning

FEMA Declared Disasters in Yellowstone County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,996$23,952
Home Insurance $239$2,868
Property Taxes $175$2,100
Electricity $152$1,824
Total$2,562$30,744

Income You'd Need if You Spent...

35% on housing$87,840/yr
40% on housing$76,860/yr
45% on housing$68,320/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 59102$146
Yellowstone County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 59102$168
Yellowstone County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-27Price change$394,900
2026-06-30Listed for sale$409,900
2025-05-21Listing removed$1,675
2025-05-20Price change$1,675
2025-04-30Listed for rent$1,750
2023-07-20Listing removed--
2023-07-11Price change$1,675
2023-06-26Price change$1,975
2023-06-12Listed for rent$2,200
2022-09-14Sold--
2022-08-22Contingent$250,000
2022-08-17Listed for sale$250,000

For Sale by Agent

AgentPhil Taylor
BrokerageLandmark of Billings, Inc.

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