$260,000
SOLD NOV 8, 2024
Last list price

1114 University Dr N Fargo, ND 58102

Roosevelt Neighborhood
9 Beds
5 Baths
3,880 Sq Ft
1905 Built

Recently Sold

$67 Per Sq Ft

101 Days on Market

About This Home

As of November 2024

Location, location, location! Nice 4-plex just down the road from NDSU. This college property has a great rental history with total gross rents of $37,320! Would make a great first investment property. Seller may consider Contract for Deed to qualified Buyer. Call your favorite Realtor and line up a showing today! Owner/Agent.

Last Agent to Sell the Property

Jason Harmon

KW Inspire Realty Keller Williams Listed on: 06/03/2024

KW Inspire Realty Keller Williams

Co-Listed By

Lee Roggenkamp

KW Inspire Realty Keller Williams

Last Buyer's Agent

John Knosalla

Oxford Realty (FM)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1905

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Lot Dimensions are 50x140
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 01164001480000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1940
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 3880
  • Below Grade Finished Sq Ft: 1940
  • Basement YN: Yes
  • Total Rooms: 1
  • Total Rooms: 1
  • Total Rooms: 1
  • Total Rooms: 1

Beds/Baths

  • Total Bedrooms: 9

Exterior Features

  • Roof: Asphalt

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: Fargo

Lot Info

  • Lot Size: 50x140
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 01164001480000
  • Tax Annual Amount: 4475
  • TaxWithAssessments: 4481.0700

Multi Family

  • TenantPays: Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jan 3, 2025
Sold by
Choy Danny and Bolner Adam
Bought by
1114 North University Drive Llc
Seller's Agent
Jason Harmon
KW Inspire Realty Keller Williams
Buyer's Agent
John Knosalla
Oxford Realty (FM)
List Price
$300,000
Sold Price
$241,000
Premium/Discount to List
-$59,000
-19.67%
Views
37
Current Estimated Value
$242,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,911
Avg. Annual Appreciation
1.30%
Original Mortgage
$216,900
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2024
Closed on
Nov 8, 2024
Sold by
Shipyard Properties Llp
Bought by
Choy Danny
Seller's Agent
Jason Harmon
KW Inspire Realty Keller Williams
Buyer's Agent
John Knosalla
Oxford Realty (FM)
List Price
$300,000
Sold Price
$241,000
Premium/Discount to List
-$59,000
-19.67%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,900
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2008
Sold by
Harmon Real Estate Co Llc
Bought by
Shipyard Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,785
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2006
Sold by
Stensgard Douglas P
Bought by
Harmon Real Estate Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,558
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

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 Type Sale Price Title Company
Quit Claim Deed -- The Title Company
Warranty Deed $241,000 The Title Company
Warranty Deed $241,000 The Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,900 New Conventional
Previous Owner $163,785 Commercial
Previous Owner $84,558 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold -- -- --
09/13/2024 09/13/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $260,000 -10.3% $67 / Sq Ft
07/17/2024 07/17/24 Price Changed $290,000 -3.3% $75 / Sq Ft
06/03/2024 06/03/24 For Sale $300,000 -- $77 / 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 $4,714 $147,950 $17,500 $130,450
2023 $4,481 $140,900 $17,500 $123,400
2022 $3,910 $122,500 $17,500 $105,000
2021 $3,843 $122,500 $17,500 $105,000
2020 $3,795 $122,500 $17,500 $105,000
2019 $2,927 $92,750 $7,000 $85,750
2018 $2,891 $92,750 $7,000 $85,750
2017 $2,644 $85,100 $7,000 $78,100
2016 $2,445 $85,100 $7,000 $78,100
2015 $2,119 $74,000 $7,000 $67,000
2014 $1,485 $50,000 $7,000 $43,000
2013 $1,486 $50,000 $7,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6544406

NorthstarMLS

APN: 01-1640-01480-000