1027 University Dr N Fargo, ND 58102
Roosevelt NeighborhoodEstimated payment $1,629/month
About This Home
Dont miss out on this great investment property close to NDSU and downtown. The property is currently leased as a duplex with the main level and basement units rented together. They share the double garage and the washer/dryer located in the basement unit. The property can also be rented as three separate units as the basement unit can be locked off from the main floor unit and has a separate exterior entrance. The upper level unit has off street parking. Each of the three units has 2 bedrooms and 1 bathroom. City of Fargo sewer project has recently been completed in this area. Current leases have owner paying utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,166
Year Built
- Built in 1913
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1.5-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Lot Dimensions are 50 x 140
- Forced Air Heating System
Community Details
- 3 Units
- Chapins Hobson Subdivision
Listing and Financial Details
- Assessor Parcel Number 01044001820000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,324 | $117,650 | $17,550 | $100,100 |
| 2023 | $5,217 | $112,050 | $17,550 | $94,500 |
| 2022 | $3,139 | $104,700 | $17,550 | $87,150 |
| 2021 | $2,924 | $98,550 | $17,550 | $81,000 |
| 2020 | $2,889 | $98,550 | $17,550 | $81,000 |
| 2019 | $2,696 | $91,100 | $8,150 | $82,950 |
| 2018 | $2,664 | $91,100 | $8,150 | $82,950 |
| 2017 | $2,527 | $86,750 | $8,150 | $78,600 |
| 2016 | $2,249 | $84,200 | $8,150 | $76,050 |
| 2015 | $1,613 | $60,200 | $6,900 | $53,300 |
| 2014 | $1,578 | $57,350 | $6,900 | $50,450 |
| 2013 | $1,540 | $57,350 | $6,900 | $50,450 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $225,000 | 0.0% | $95 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/16/2025 01/16/25 | For Rent | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $167,000 | Fm Title | |
| Warranty Deed | $159,000 | Title Co | |
| Warranty Deed | $120,000 | Us Title & Closing Services | |
| Warranty Deed | $102,000 | Us Title & Closing | |
| Warranty Deed | $85,000 | Us Title & Closing | |
| Deed | $85,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,250 | New Conventional | |
| Previous Owner | $119,250 | New Conventional | |
| Previous Owner | $70,000 | Future Advance Clause Open End Mortgage |
Source: NorthstarMLS
MLS Number: 6793861
APN: 01-0440-01820-000
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