$319,000
SOLD OCT 2, 2024
Last list price
7 Beds
4 Baths
3,496 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

72 Days on Market

Highlights

  • Corner Lot
  • Coin Laundry
  • 5-minute walk to Roosevelt Park
  • North High School Rated A-

About This Home

As of October 2024

Fantastic opportunity in North Fargo 1 1/2 blocks to NDSU, Excellent rental history, 4 garages plus off street parking, Updated appliances, Unit 1 - 1 bedroom $550Unit 2- 1 bedroom $550Unit 3 -2 bedroom plus den $975Unit 4-3 bedroom $995Gross income annual $36,840

Last Agent to Sell the Property

Tanya Tonsfeldt

True Blue Rentals & Real Estate Listed on: 06/19/2024

Co-Listed By

Emmy Amble

True Blue Rentals & Real Estate

Last Buyer's Agent

Bryce Johnson

eXp Realty (3523 FGO)

eXp Realty (3523 FGO)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 1900

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Corner Lot
  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas, insurance, grounds care, sewer, snow removal, trash collection
  • Assessor Parcel Number 0122200250000

Community Details

Overview

  • 4 Units
  • Ohmers Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,523

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2464
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 3496
  • Below Grade Finished Sq Ft: 1032
  • Owner Pays: Gas, Insurance, Grounds Care, Sewer, Snow Removal, Trash Collection
  • Basement YN: Yes
  • Total Rooms: 2
  • Total Rooms: 6
  • Number Of Fireplaces: 1
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Architectural Shingle

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Fargo

Lot Info

  • Lot Size: 7700
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0122200250000
  • Tax Annual Amount: 3523
  • TaxWithAssessments: 4284.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • Number Of Refrigerators: Four

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Oct 2, 2024
Sold by
Mcgregor Andrew J and Mcgregor Luz Emilia
Bought by
Johnkott Properties Llc
Seller's Agent
Tanya Tonsfeldt
True Blue Rentals & Real Estate
Buyer's Agent
Bryce Johnson
eXp Realty (3523 FGO)
List Price
$319,000
Sold Price
$293,000
Premium/Discount to List
-$26,000
-8.15%
Views
35
Current Estimated Value
$295,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,029
Avg. Annual Appreciation
0.94%
Original Mortgage
$450,000
Outstanding Balance
$447,920
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$152,891
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $293,000 Title Company-Commercial
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Credit Line Revolving
Closed $234,000 New Conventional
Previous Owner $144,000 Commercial
Previous Owner $144,000 Credit Line Revolving
Previous Owner $48,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold -- -- --
08/30/2024 08/30/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $319,000 -- $91 / Sq Ft
Source: NorthstarMLS

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 $4,480 $124,750 $19,500 $105,250
2023 $4,284 $118,800 $19,500 $99,300
2022 $3,745 $99,000 $19,500 $79,500
2021 $3,691 $99,000 $19,500 $79,500
2020 $3,652 $99,000 $19,500 $79,500
2019 $3,639 $98,450 $7,500 $90,950
2018 $3,601 $98,450 $7,500 $90,950
2017 $3,338 $90,300 $7,500 $82,800
2016 $3,124 $90,300 $7,500 $82,800
2015 $2,952 $78,500 $7,500 $71,000
2014 $2,667 $66,600 $7,500 $59,100
2013 $2,674 $66,600 $7,500 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6556125

NorthstarMLS

APN: 01-2220-02950-000