NOT LISTED FOR SALE

Estimated Value: $225,000

-- Bed
-- Bath
2,104 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 29, 2023

Current estimated payment $1,501/month

8 Days on Market

About This Home

As of December 2023

Looking for a great investment?! This 3 plex is located in walking distance of NDSU. It's been professionally managed and has been well cared for. The roof was replaced in 2020 and gutters in 2012. Looking to sell in tandem with 1038 College st with the spacious parking out back. Set up your showing today., Total Parking Spaces: 6, Income/Expenses: (Total Income: 26580.00, Management: 0.00, Utilities: 5400.00, Maintenance: 1500.00, Wages: 0.00)

Last Listed By

Tyler Bretz

Raboin Realty Listed on: 11/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 1907

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Garage

Home Design

Schools

  • Fargo North High School

Listing and Financial Details

  • Exclusions: equipment in garages. Tenants personal property.
  • Tenant pays for electricity
  • The owner pays for heat
  • Assessor Parcel Number 01164001050000
  • $4,715 per year additional tax assessments

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,191

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50X140
  • Year Built: 1907
  • ResoBuildingAreaSource: Other
  • HeatFuelOil: Yes
  • Unit 1 Annual Rent: 7200.0
  • General Property Information Below Grade Unfinished Area: 50
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Owner Pays: Heat

Exterior Features

  • Exclusions: equipment in garages. Tenants personal property.

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • High School: Fargo North

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 01164001050000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26580.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 6900.0

Tax Info

  • Tax Other Annual Assessment Amount: 4714.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Pladson James M and Pladson Jessica L
Bought by
Jmp Properties Llc
Total Days on Market
8
Current Estimated Value
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2008
Sold by
S & P Properties
Bought by
Pladson James M and Pladson Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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Average Value
Not Available
List Price
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
Jmp Properties Llc -- None Available
Pladson James M $90,000 --
Pladson James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Terrace West Proepertie $348,000
Closed Jmp Properties Llc $16,612
Closed Jmp Properties Llc $123,500
Previous Owner Jmp Properties $376,950
Previous Owner Pladson James M $102,717
Previous Owner Pladson James M $96,000
Previous Owner Pladson James M $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold -- -- --
11/17/2023 11/17/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $215,000 -- $102 / 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 $3,038 $90,700 $17,650 $73,050
2023 $2,910 $86,400 $17,650 $68,750
2022 $2,795 $80,750 $17,650 $63,100
2021 $2,559 $73,400 $17,650 $55,750
2020 $2,533 $73,400 $17,650 $55,750
2019 $2,746 $81,400 $8,200 $73,200
2018 $2,718 $81,400 $8,200 $73,200
2017 $2,505 $74,000 $8,200 $65,800
2016 $2,297 $71,850 $8,200 $63,650
2015 $1,941 $53,200 $6,950 $46,250
2014 $1,850 $48,350 $6,950 $41,400
2013 $1,746 $48,350 $6,950 $41,400
Source: Public Records

Agents Affiliated with this Home

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Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368517

APN: 01-1640-01050-000