NOT LISTED FOR SALE

Estimated Value: $177,497 - $184,000

-- Bed
-- Bath
2,340 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 26, 2023

Current estimated payment $1,212/month

20 Days on Market

About This Home

As of October 2023

3 Unit apartment building. Located close to NDSU. Easy to rent. many updates over the years. Steel siding, Newer electrical. Converted to electric baseboard heat (Tenants pay heat) House roof 2013, garage roof? within last 5 years, gutters, and much more. Recently removed large tree between DW's. Units currently full. Basement used for storage in old apartment. Washer/Dryer free to Tenants. No showings until 8/22. Owner is commercial real estate agent. Parking on site on lot., Unit 1 Total Baths: 1, Income/Expenses: (Total Income: 16800.00, Management: 0.00, Utilities: 2100.00, Maintenance: 0.00, Wages: 0.00)

Last Listed By

Kim Kelsh

Berkshire Hathaway HomeServices Premier Properties Listed on: 08/18/2023

Berkshire Hathaway HomeServices Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1914

Lot Details

  • 6,859 Sq Ft Lot
  • Lot Dimensions are 42 x149.5
  • Property is zoned Residential-Multi-Family

Parking

  • 1 Car Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • Block Basement Construction

Schools

  • Fargo North High School

Listing and Financial Details

  • Exclusions: Tenants and seller personal property
  • Tenant pays for electricity
  • Assessor Parcel Number 01044002220000
  • $1,885 per year additional tax assessments

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 42 x149.5
  • Year Built: 1914
  • ResoBuildingAreaSource: Other
  • Unit 1 Annual Rent: 5700.0
  • General Property Information Below Grade Unfinished Area: 834
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Concrete Block

Exterior Features

  • Exclusions: Tenants and seller personal property
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Schools

  • High School: Fargo North

Lot Info

  • Lot Size Sq Ft: 6859.0
  • Parcel #: 01044002220000
  • Zoning: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 16800.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 2100.0

Tax Info

  • Tax Other Annual Assessment Amount: 1885.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 26, 2023
Sold by
Rasmussen Lyle R and Rasmussen Jennifer L
Bought by
Hang Loose Investments Llc
Seller's Agent
Kim Kelsh
Berkshire Hathaway HomeServices Premier Properties
Buyer's Agent
Kyle Reedstrom
REAL (3961 WF)
List Price
$179,000
Sold Price
$168,500
Premium/Discount to List
-$10,500
-5.87%
Total Days on Market
20
Current Estimated Value
$180,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,249
Avg. Annual Appreciation
4.66%
Original Mortgage
$126,375
Outstanding Balance
$122,146
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$58,603

Range of Values:

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Average Value
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Sold Price
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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
Hang Loose Investments Llc $168,500 Real Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hang Loose Investments Llc $126,375
Previous Owner Rasmussen Lyle $56,058
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold -- -- --
09/08/2023 09/08/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $179,000 -- $76 / Sq Ft
Source: Fargo-Moorhead Area Association 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 $2,520 $77,400 $16,800 $60,600
2023 $2,411 $73,700 $16,800 $56,900
2022 $2,187 $68,900 $16,800 $52,100
2021 $1,986 $62,650 $16,800 $45,850
2020 $1,964 $62,650 $16,800 $45,850
2019 $1,585 $49,750 $7,800 $41,950
2018 $1,568 $49,750 $7,800 $41,950
2017 $1,321 $47,400 $7,800 $39,600
2016 $1,177 $46,000 $7,800 $38,200
2015 $1,531 $57,200 $6,600 $50,600
2014 $1,376 $49,750 $6,600 $43,150
2013 $642 $49,750 $6,600 $43,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368547

APN: 01-0440-02220-000