NOT LISTED FOR SALE

1101 5th Ave SE Devils Lake, ND 58301

Estimated Value: $837,218

47 Beds
24 Baths
23,100 Sq Ft
$36/Sq Ft Est. Value

Last Sold November 30, 2021

Current estimated payment $5,609/month

388 Days on Market

Highlights

  • 12 Car Detached Garage
  • Heating Available
  • 2-minute walk to Ruger Park

About This Home

As of November 2021

Rare acquisition opportunity in Devils Lake. Larger, multi-family investments in this area have a low turn over making this a great find. The property consists of 24 units, 23 two-bedroom units and 1 one-bedroom unit, 12 garage stalls and on-site resident manager.

Last Agent to Sell the Property

Ryan Bohn

Crary Real Estate License #7070 Listed on: 10/08/2020

Last Buyer's Agent

Ryan Bohn

Crary Real Estate License #7070 Listed on: 10/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,057

Year Built

  • Built in 1974

Lot Details

  • 1.15

Parking

  • 12 Car Detached Garage

Interior Spaces

  • 23,100 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 47 Bedrooms
  • 24 Bathrooms

Utilities

  • Heating Available

Community Details

  • Insurance Expense $4
  • Professional Management Expense $13
  • Water Sewer Expense $11

Listing and Financial Details

  • Assessor Parcel Number 39050100007000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,057

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Lot Size: 1.14 acres
  • Prop. Type: MultiFamily
  • Year Built: 1974
  • Expenses Heat Expense: $10,520
  • Expenses Tax And Specials Exp: $10,057
  • Income Scheduled Rent: $141,480
  • Income Vacancy Percent: 15.5
  • Miscellaneous Laundry: yes
  • Above Grade Finished Sq Ft: 23100.0
  • Architectural Style: 3 Story
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 47

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: Detached
  • General Property Information:Garage Stalls: 12.0
  • General Property Information:Garage Remarks: Detached

Utilities

  • Heating: GH2O
  • Heating Yn: Yes

Lot Info

  • Parcel #: 39050100007000
  • Zoning: A-1 Limited Development

Multi Family

  • Operating Expenses Insurance: $4,572

Tax Info

  • Tax Annual Amount: 10057.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Park South Of Devils Lake Llc
Bought by
Foss Peter Lee
Current Estimated Value
$837,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$588,491
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$248,727
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
Foss Peter Lee $792,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foss Peter Lee $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Off Market -- -- --
11/30/2021 11/30/21 Sold -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/08/2020 10/08/20 For Sale -- -- --
Source: Grand Forks 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 $14,465 $384,450 $26,500 $357,950
2023 $11,433 $340,500 $26,500 $314,000
2022 $11,447 $340,500 $26,500 $314,000
2021 $10,893 $330,650 $26,500 $304,150
2020 $10,602 $330,650 $26,500 $304,150
2019 $10,586 $330,650 $26,500 $304,150
2018 $10,553 $0 $0 $0
2017 $10,144 $0 $0 $0
2016 $9,210 $314,900 $0 $0
2015 $9,750 $0 $0 $0
2014 $984 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Bohn

    Seller's Agent in 2021

    Ryan Bohn

    Crary Real Estate

    (218) 791-5184

    1 in this area

    44 Total Sales

    Ryan Bohn
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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 20-1861

Grand Forks Area Association of REALTORS®

APN: 39050100007000

North Dakota Ramsey County Devils Lake 58301

1101 5th Ave SE, Devils Lake, ND

Not Listed for Sale

MultiFamily

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