Seller's Agent in 2024
DelRae Zimmerman
BROKERS 12, INC.
(701) 833-1375
4 in this area
421 Total Sales
107 Main St S Minot, ND 58701
Minot AreaEstimated Value: $423,000 - $524,535
9
Beds
8
Baths
3,001
Sq Ft
$159/Sq Ft
Est. Value
About This Home
As of May 2024Calling all entrepreneurs and investors! Don't miss out on making your mark on history by owning part of Minot's downtown! 107 South Main was constructed in 1916 and is rich in history. It currently is home to Lien's Jewelry - a long term tenant (almost 30 years!) as well as EIGHT apartments! The retail storefront is an impressive 2733 square feet on the main floor with a bonus loft area as well as unfinished basement for additional storage. Lien's Jewelry has a lease in place and no intentions of vacating the building - this is terrific for stable cash flow! The apartment complex is on the second and third stories of the building and has controlled access. The second level apartments feature THREE one bedroom units and ONE two bedroom unit as well as coin operated laundry. Moving up to the third level, you'll find an additional FOUR one bedroom apartments. Each apartment features interior upgrades throughout the years, high ceilings with extra "loft spaces" and the sought after downtown vibe! Residential rent averaging $3655 per month and commercial rent at $2640 make this an appealing property for both a new or seasoned investor.
Last Agent to Sell the Property
BROKERS 12, INC. License #7065 Listed on: 03/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,518
Year Built
- Built in 1916
Lot Details
- 3,485
Home Design
- 3,001 Sq Ft Home
- Concrete Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Additional Features
- Oven or Range
- Washer and Dryer
- 3,485 Sq Ft Lot
- Hot Water Heating System
- Unfinished Basement
Community Details
- 8,466 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number MI24.238.070.0210
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
DelRae Zimmerman
BROKERS 12, INC.
Buyer's Agent
Kausha Bakk
BROKERS 12, INC.
List Price
$439,900
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$315,100
Interest Rate
0.071%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 4, 2019
Closed on
Aug 13, 2020
Sold by
Bought by
Seller's Agent
Daniel Erickson
IMM REALTORS
Buyer's Agent
DelRae Zimmerman
BROKERS 12, INC.
List Price
$410,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$280,850
Interest Rate
0.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 31, 2018
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | None Listed On Document | ||
| $345,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $315,100 | ||
| Previous Owner | $280,850 | ||
| Previous Owner | $750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | -- | -- | -- | |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $439,900 | +7.3% | $147 / Sq Ft | |
| 08/13/2020 08/13/20 | Sold | -- | -- | -- | View Prior Sale |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- | |
| 11/04/2019 11/04/19 | For Sale | $410,000 | -- | $137 / Sq Ft |
Source: Minot Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,552 | $204,500 | $12,500 | $192,000 |
| 2024 | $5,502 | $161,000 | $12,500 | $148,500 |
| 2023 | $5,518 | $151,000 | $10,500 | $140,500 |
| 2022 | $4,881 | $140,000 | $10,500 | $129,500 |
| 2021 | $4,795 | $143,000 | $10,500 | $132,500 |
| 2020 | $4,104 | $123,500 | $10,500 | $113,000 |
| 2019 | $4,270 | $116,500 | $10,500 | $106,000 |
| 2018 | $3,927 | $110,500 | $12,500 | $98,000 |
| 2017 | $4,100 | $133,000 | $12,500 | $120,500 |
| 2016 | $4,020 | $161,500 | $12,500 | $149,000 |
| 2015 | $3,020 | $161,500 | $0 | $0 |
| 2014 | $3,020 | $165,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DelRae Zimmerman
-
Kelsey Bercier
Seller Co-Listing Agent in 2024
Kelsey Bercier
BROKERS 12, INC.
(701) 721-5544
3 in this area
323 Total Sales
-
Kausha Bakk
Buyer's Agent in 2024
Kausha Bakk
BROKERS 12, INC.
(701) 721-7157
142 Total Sales
-
Daniel Erickson
Seller's Agent in 2020
Daniel Erickson
IMM REALTORS
(701) 720-3118
16 Total Sales
Map
Source: Minot Multiple Listing Service
MLS Number: 240481
APN: MI-24238-070-021-0
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