NOT LISTED FOR SALE

1101 8th St NE Minot, ND 58703

Estimated Value: $257,551 - $276,000

8 Beds
4 Baths
3,001 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 31, 2022

Current estimated payment $1,822/month

31 Days on Market

About This Home

As of January 2022

Don't miss this opportunity to invest! All units in this four plex contain two bedrooms and one bath with spacious kitchen and living areas. Updates in recent years include kitchen, bathrooms, flooring in three units and shingles. Building also contains a storage area and coin operated washer and dryer. This would make an ideal owner occupied unit (There are numerous financing options available for owner occupancy if you are looking for a place to live and want to also get started on real estate investing!) Call your agent today for more info and to schedule a showing.

Last Listed By

Andrea Savelkoul

SIGNAL REALTY License #8898 Listed on: 11/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,947

Year Built

  • Built in 1954

Lot Details

  • 0.29 Acre Lot

Home Design

  • Quadruplex
  • Concrete Foundation

Interior Spaces

  • 3,001 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number M113.093.010.0152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,947

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • Age: 50+
  • Flooded: No
  • FILLYEARBUILT: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Sq Ft Above Ground: 3001+
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Garage 1: None
  • Garage 2: None

Utilities

  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1
  • School District: Minot #1

Lot Info

  • Acres: Less
  • Number of Acres: 0.29
  • Zoning: R3

Tax Info

  • Assessor Parcel Number: M113.093.010.0152
  • Taxes: $2,161
  • Tax Year: 2021
  • Taxes Exp: $2,161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 31, 2022
Sold by
Poth Bradley R and Poth Melody R
Bought by
Arcand Alexis
Seller's Agent
Andrea Savelkoul
SIGNAL REALTY
Buyer's Agent
Dale Lawson
NextHome Legendary Properties
List Price
$230,000
Sold Price
$233,500
Premium/Discount to List
$3,500
1.52%
Total Days on Market
31
Current Estimated Value
$266,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,276
Avg. Annual Appreciation
6.09%
Original Mortgage
$229,270
Outstanding Balance
$214,677
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$69,443

Purchase Details

Closed on
Jun 30, 2010
Sold by
Janz Blaine and Janz Leona
Bought by
Poth Bradley R and Poth Melody R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,187
Interest Rate
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2006
Sold by
Chumas George and Chumas Effie
Bought by
Janz Blaine and Janz Leona

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
Arcand Alexis -- None Listed On Document
Poth Bradley R -- --
Janz Blaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcand Alexis $229,270
Previous Owner Poth Bradley R $116,500
Previous Owner Poth Bradley R $127,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold -- -- --
12/11/2021 12/11/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $230,000 -- $77 / 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 $3,947 $115,500 $25,000 $90,500
2023 $4,056 $111,000 $20,000 $91,000
2022 $3,103 $89,000 $20,000 $69,000
2021 $2,179 $65,000 $20,000 $45,000
2020 $2,243 $67,500 $20,000 $47,500
2019 $2,026 $60,000 $20,000 $40,000
2018 $1,872 $56,000 $20,000 $36,000
2017 $2,343 $76,000 $25,000 $51,000
2016 $2,763 $111,000 $37,500 $73,500
2015 $2,732 $111,000 $0 $0
2014 $2,732 $127,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 212252

Minot Multiple Listing Service

APN: MI-13093-010-015-2