NOT LISTED FOR SALE

1101 32nd Ave SE Minot, ND 58701

Estimated Value: $379,000 - $433,000

12 Beds
6 Baths
3,001 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 29, 2023

Current estimated payment $2,388/month

181 Days on Market

About This Home

As of December 2023

If you are seeking an investment property with a solid rental history, this Six-plex is a great property to own. Located within blocks of the mall, restaurants, and close to the new hospital. Each unit is 2 bedrooms and 1 bath. There is green space on the side, and large parking lot. It is currently managed by a management company. The coin washer and dryer will stay. Renters tend to stay long term, and rent has not been increased in years.

Last Agent to Sell the Property

Kausha Bakk

BROKERS 12, INC. License #7683 Listed on: 06/02/2023

Last Buyer's Agent

Tim Knutson

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1982

Lot Details

  • 19,085

Home Design

  • Concrete Foundation

Interior Spaces

  • 3,001 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Community Details

  • 5,040 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number MI35.305.040.0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,120

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1
  • Age: 41-50
  • Flooded: No
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 12
  • Bathrooms: 6
  • Appliances: Refrigerator, Range/Oven, Washer and Dryer
  • Fireplace: No
  • Foreclosure: No
  • Price Per S Q F T: 62.5
  • Sq Ft Above Ground: 3001+
  • Basement Type: Other

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Garage 1: None
  • Garage 2: None

Utilities

  • Sewer: City
  • Hot Water: City
  • Electric Expense: $387
  • Water Trash Expense: $2743

Condo/Co-op/Association

  • Units in Building: 6

Schools

  • School District: Minot #1

Lot Info

  • Acres: Less
  • Lot Size: 19,085
  • Zoning: R3

Rental Info

  • Annual Rent Income: $39,489
  • Management Exp: $2520

Tax Info

  • Assessor Parcel Number: MI35.305.040.0100
  • Taxes: $5120
  • Tax Year: 2022
  • Taxes Exp: $5,120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 21, 2020
Sold by
Brierley Beverly R
Bought by
Hobbas Jacob C
Seller's Agent
Angela Simonson
BROKERS 12, INC.
Buyer's Agent
Joyce Kuntz
NextHome Legendary Properties
List Price
$304,900
Current Estimated Value
$387,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$289,655
Outstanding Balance
$256,573
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$140,861

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 11, 2019
Sold by
Deleon Amado De and Leon Huizar Cynthia De
Bought by
Brierley Beverly R
Seller's Agent
DelRae Zimmerman
BROKERS 12, INC.
Buyer's Agent
Angela Simonson
BROKERS 12, INC.
List Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 24, 2014
Sold by
Hopkins Randall L
Bought by
Deleon Amado and Deleon Huizar Cynthia
Seller's Agent
DelRae Zimmerman
BROKERS 12, INC.
Buyer's Agent
Amber Kraft
KW Inspire Realty
List Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$275,793
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2010
Sold by
Rhr Construction Inc
Bought by
Hopkins Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,007
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2009
Sold by
Puppy Dog Properties Llc
Bought by
Rhr Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hobbas Jacob C $304,900 None Available
Brierley Beverly R $278,993 None Available
Deleon Amado -- None Available
Hopkins Randall L -- --
Rhr Construction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbas Jacob C $289,655
Previous Owner Deleon Amado $275,793
Previous Owner Hopkins Randall L $211,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold -- -- --
06/02/2023 06/02/23 For Sale $349,900 +14.8% $117 / Sq Ft
09/21/2020 09/21/20 Sold -- -- -- View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $304,900 +1.7% $276 / Sq Ft
10/11/2019 10/11/19 Sold -- -- -- View Prior Sale
09/26/2019 09/26/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $299,900 +5.3% $271 / Sq Ft
07/24/2014 07/24/14 Sold -- -- -- View Prior Sale
06/20/2014 06/20/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $284,900 -- $259 / Sq Ft
Source: Minot Multiple Listing Service

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 $4,483 $162,000 $37,500 $124,500
2023 $5,163 $157,000 $37,500 $119,500
2022 $4,676 $149,000 $37,500 $111,500
2021 $4,300 $142,500 $37,500 $105,000
2020 $4,098 $137,000 $37,500 $99,500
2019 $4,133 $136,000 $37,500 $98,500
2018 $4,076 $135,500 $37,500 $98,000
2017 $3,774 $136,000 $37,500 $98,500
2016 $3,170 $141,500 $37,500 $104,000
2015 $3,116 $141,500 $0 $0
2014 $3,116 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kausha Bakk

    Seller's Agent in 2023

    Kausha Bakk

    BROKERS 12, INC.

    (701) 721-7157

    119 in this area

    134 Total Sales

    Kausha Bakk
    Section Image
  • Tim Knutson

    Buyer's Agent in 2023

    Tim Knutson

    eXp Realty

    (701) 833-8951

    113 in this area

    154 Total Sales

    Tim Knutson
    Section Image
  • Angela Simonson

    Seller's Agent in 2020

    Angela Simonson

    BROKERS 12, INC.

    (701) 720-1728

    95 in this area

    118 Total Sales

    Angela Simonson
    Section Image

  • J

    Buyer's Agent in 2020

    Joyce Kuntz

    NextHome Legendary Properties

    (701) 720-9315

    32 in this area

    36 Total Sales

    Joyce Kuntz
    Section Image
  • DelRae Zimmerman

    Seller's Agent in 2019

    DelRae Zimmerman

    BROKERS 12, INC.

    (701) 833-1375

    329 in this area

    419 Total Sales

    DelRae Zimmerman
    Section Image
  • Kelsey Bercier

    Seller Co-Listing Agent in 2019

    Kelsey Bercier

    BROKERS 12, INC.

    (701) 721-5544

    251 in this area

    322 Total Sales

    Kelsey Bercier
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 230855

Minot Multiple Listing Service

APN: MI-36B19-030-001-0

North Dakota Ward County Minot 58701

1101 32nd Ave SE, Minot, ND

Not Listed for Sale

MultiFamily

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