Estimated Value: $194,000 - $197,000
5
Beds
3
Baths
2,001
Sq Ft
$98/Sq Ft
Est. Value
About This Home
As of March 2024OPPORTUNITY IS KNOCKING! WILL YOU ANSWER? This nicely maintained, fully occupied Triplex is perfect for a first-time investor, one that would simply like to add to their real estate portfolio, or someone that would prefer to live in one unit while collecting income from the others! It features a spacious 3 bedroom/1 bathroom unit on the upper level and two 1 bedroom/1 bathroom units on the lower level. Conveniently located near a park and within walking distance to Minot State University, this property also provides off street parking, on-site laundry, and quick access to an emergency snow route. In addition, there is both indoor and outdoor access for each unit! Affordably priced at $196,000; CALL TODAY to schedule your appointment to see this GEM!
Last Agent to Sell the Property
Signature Properties, Inc. License #7762 Listed on: 02/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,781
Year Built
- Built in 1963
Lot Details
- 8,407
Parking
- Gravel Driveway
Home Design
- Triplex
- Concrete Foundation
Interior Spaces
- 2,001 Sq Ft Home
- 2-Story Property
- Crawl Space
- Oven or Range
- Washer and Dryer
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Hot Water Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Mar 27, 2024
Sold by
Mccormack Helen A
Bought by
Wilburn Jaylon
Seller's Agent
Shauna Forshner
Signature Properties, Inc.
Buyer's Agent
Tamie Dunn
Coldwell Banker 1st Minot Realty
List Price
$196,000
Sold Price
$185,000
Premium/Discount to List
-$11,000
-5.61%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,228
Avg. Annual Appreciation
4.99%
Original Mortgage
$188,977
Outstanding Balance
$186,971
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$9,257
Similar Homes in Minot, ND
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilburn Jaylon | $185,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilburn Jaylon | $188,977 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | -- | -- | -- |
| 02/03/2024 02/03/24 | For Sale | $196,000 | 0.0% | $98 / Sq Ft |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | For Sale | $196,000 | -- | $98 / Sq Ft |
Source: Minot Multiple Listing Service
Tax History Compared to Growth
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 | $2,553 | $83,000 | $19,000 | $64,000 |
| 2023 | $2,927 | $89,000 | $19,000 | $70,000 |
| 2022 | $2,432 | $77,500 | $21,000 | $56,500 |
| 2021 | $2,399 | $79,500 | $21,000 | $58,500 |
| 2020 | $2,303 | $77,000 | $21,000 | $56,000 |
| 2019 | $2,340 | $77,000 | $21,000 | $56,000 |
| 2018 | $2,437 | $81,000 | $21,000 | $60,000 |
| 2017 | $2,567 | $92,500 | $25,000 | $67,500 |
| 2016 | $2,016 | $90,000 | $21,000 | $69,000 |
| 2015 | $2,173 | $90,000 | $0 | $0 |
| 2014 | $2,173 | $88,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shauna Forshner
S
Seller's Agent in 2024
Shauna Forshner
Signature Properties, Inc.
(701) 839-1999
20 Total Sales
-
Tamie Dunn
Buyer's Agent in 2024
Tamie Dunn
Coldwell Banker 1st Minot Realty
(701) 720-1723
140 Total Sales
Map
Source: Minot Multiple Listing Service
MLS Number: 240200
APN: MI-14085-010-011-0
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