NOT LISTED FOR SALE

1109 2nd Ave S Fargo, ND 58103

Downtown Fargo Neighborhood

Estimated Value: $235,000 - $239,000

4 Beds
4 Baths
2,961 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 09, 2024

Current estimated payment $1,583/month

82 Days on Market

Highlights

  • Wood Siding
  • Boiler Heating System
  • 5-minute walk to Island Park
  • Clara Barton Elementary School Rated A-

About This Home

As of September 2024

This 4 plex has a newer roof, some new windows. 4 garage stalls. All units are full. Owner pays for heat, elec, water, sewer and garbage.

Last Agent to Sell the Property

Scott Breidenbach

Beyond Realty Listed on: 05/23/2024

Last Buyer's Agent

Tyler Heins

REAL (1531 FGO)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 1899

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 01224001960000
  • $5,786 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Original Townsite Subdivision

Building Details

  • Fuel Expense $5,807
  • Insurance Expense $2,063
  • Maintenance Expense $1,594
  • Operating Expense $22,000
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,747

Year Built

Built in 1899

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 140
  • Subdivision Name: Original Townsite
  • Architectural Style: (MF) Four Plex
  • Unit Levels: Two
  • Year Built: 1899
  • General Property Information:Acres: 0.16
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 3132.09
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1899
  • General Property Information Lot Dimensions: 50 x 140
  • General Property Information Below Grd Total SqFt: 800.0
  • General Property Information Total Finished Sqft2: 2961.00
  • General Property Information Style2: (MF) Four Plex
  • Building Information Finished SqFt Above Ground: 2161
  • Building Information Finished SqFt Below Ground: 800
  • Exterior:Wood2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Stories Two: Yes
  • Unit Details Total Units: 4
  • General Property Information Above Ground SqFt: 2161.0
  • Unit 1 Annual Rent: 7200.0
  • Income and Expenses Annual Fuel Expense: 5807.21
  • Income and Expenses Annual Gross Expenses: 22000.0
  • Income and Expenses Annual Insurance Expense: 2063.03
  • Income and Expenses Annual Maintenance Expense: 1593.86
  • Income and Expenses Total Annual Expenses: 2200018.0
  • General Property Information Below Grade Unfinished Area: 800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: None
  • Has Basement: Full
  • Total Bedrooms: 4
  • Basement:Full2: Yes

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Heating: Boiler
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Boiler: Yes

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 01224001960000

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Insurance Expense: 2063.03
  • Maintenance Expense: 1593.86

Tax Info

  • Tax Annual Amount: 3747.0
  • Tax Other Annual Assessment Amount: 5786.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 9, 2024
Sold by
Sr Dr Reitz Llc
Bought by
Michael T Moran Revocable Living Trust and Danae K Moran Revocable Living Trust
Seller's Agent
Scott Breidenbach
Beyond Realty
Buyer's Agent
Tyler Heins
REAL (1531 FGO)
List Price
$255,000
Views
96
Current Estimated Value
$236,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$159,600
Outstanding Balance
$131,844
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$105,100

Purchase Details

Closed on
Mar 1, 2022
Sold by
Osowski James J
Bought by
Sr Dr Rietz Llc
Source: Public Records

Range of Values:

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Average Value
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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
Michael T Moran Revocable Living Trust $228,000 Fm Title
Sr Dr Rietz Llc $150,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael T Moran Revocable Living Trust $159,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Off Market -- -- --
09/09/2024 09/09/24 Sold -- -- --
08/14/2024 08/14/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $255,000 -- $86 / 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 $3,922 $110,900 $17,500 $93,400
2023 $3,747 $105,600 $17,500 $88,100
2022 $3,274 $88,000 $17,500 $70,500
2021 $3,225 $88,000 $17,500 $70,500
2020 $3,154 $88,000 $17,500 $70,500
2019 $3,072 $84,650 $9,000 $75,650
2018 $3,009 $84,650 $9,000 $75,650
2017 $2,782 $77,650 $9,000 $68,650
2016 $2,599 $77,650 $9,000 $68,650
2015 $2,420 $67,500 $9,000 $58,500
2014 $2,156 $56,600 $9,000 $47,600
2013 $2,178 $56,600 $9,000 $47,600
Source: Public Records

Agents Affiliated with this Home

  • Scott Breidenbach

    Seller's Agent in 2024

    Scott Breidenbach

    Beyond Realty

    (701) 793-5035

    7 in this area

    273 Total Sales

    Scott Breidenbach
    Section Image

  • T

    Buyer's Agent in 2024

    Tyler Heins

    REAL (1531 FGO)

    (612) 306-2877

    2 in this area

    248 Total Sales

    Tyler Heins
    Section Image
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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6536465

APN: 01-2240-01960-000

North Dakota Cass County Fargo 58103 Downtown Fargo

1109 2nd Ave S, Fargo, ND

This home is located at 1109 2nd Ave S, Fargo, ND 58103 since 23 May 2024 and is currently estimated at $236,944, approximately $80 per square foot. This property was built in 1899. 1109 2nd Ave S is a home located in Cass County with nearby schools including Clara Barton Elementary School, Ben Franklin Middle School, and South High School.

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