NOT LISTED FOR SALE

101 Elm Ave New Salem, ND 58563

Estimated Value: $405,875

14 Beds
8 Baths
6,572 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 30, 2020

Current estimated payment $2,536/month

29 Days on Market

About This Home

As of September 2020

Well kept 8 unit building with excellent rental history. 2 one bedroom and 6 2 bedroom units. Fire escape exits recently rebuilt. Call for more information on this great investment property.

Last Agent to Sell the Property

MITCHELL GRADE

NextHome Legendary Properties License #9296 Listed on: 09/01/2020

NextHome Legendary Properties

Co-Listed By

Tina Grade

NextHome Legendary Properties License #6932

Last Buyer's Agent

Tina Grade

NextHome Legendary Properties License #6932

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 75x200

Home Design

  • 6,572 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Heating Available

Community Details

  • 8 Units
  • New Salem Lands Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,358

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: Located a block off of Ash Ave, Across from Elm Crest Manor.
  • Exterior Features Exterior: vinyl
  • Lot Size: 75x200
  • Miscellaneous L B P Target Housing: Yes
  • Prop. Type: Residential Income
  • Year Built: 1974
  • Electricity Paid By: Owner
  • Utilities Heat 1: Gas Hot Water
  • Utilities Heat Pd By: Owner
  • Water/Sewer/Gas Paid By: Owner
  • Property Sub Type: Multi-Family
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: NLP
  • Co List Office Phone: 701-712-8900
  • Subdivision Name: New Salem Lands
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 14

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type4: None

Utilities

  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 14375.0
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 19
  • Tax Annual Amount: 3358.29

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Sep 30, 2020
Sold by
Kuether Diane S
Bought by
Rud Corporation
Seller's Agent
MITCHELL GRADE
NextHome Legendary Properties
Buyer's Agent
Tina Grade
NextHome Legendary Properties
List Price
$335,000
Current Estimated Value
$405,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$243,750
Outstanding Balance
$219,238
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$249,566

Purchase Details

Closed on
Nov 29, 2011
Sold by
Scherr Glorianne
Bought by
Kuether Glen W and Kuether Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,940
Interest Rate
4.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rud Corporation $335,000 North Dakota Guaranty & Ttl
Kuether Glen W -- North Dakota Guaranty & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rud Corporation $243,750
Previous Owner Kuether Glen W $91,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold -- -- --
09/01/2020 09/01/20 For Sale $335,000 -- $51 / Sq Ft
Source: Badlands Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,950 $155,150 $20,400 $134,750
2023 $3,743 $155,150 $20,400 $134,750
2022 $3,116 $126,950 $8,450 $118,500
2021 $2,750 $118,850 $5,000 $113,850
2020 $2,878 $118,850 $5,000 $113,850
2019 $3,358 $138,950 $0 $0
2018 $3,148 $133,300 $5,000 $128,300
2017 $2,994 $132,900 $5,000 $127,900
2016 $2,873 $123,300 $5,000 $118,300
2015 $2,927 $123,300 $5,000 $118,300
2014 $2,566 $101,850 $4,900 $96,950
2013 $2,470 $93,450 $4,500 $88,950
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Badlands Board of REALTORS®

MLS Number: 20-1085

Badlands Board of REALTORS®

APN: 66-0549000