$250,000
SOLD DEC 6, 2024
Last list price
6 Beds
2 Baths
2,464 Sq Ft
7,499 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

275 Days on Market

Highlights

  • Laundry Facilities
  • Clara Barton Elementary School Rated A-
  • Boiler Heating System

About This Home

As of December 2024

Great investment opportunity! 2-unit property in South Fargo w/garage parking. Electricity paid by tenant. Owner/Agent

Last Agent to Sell the Property

Michael Gillund

Beyond Realty Listed on: 02/08/2024

Last Buyer's Agent

Sean Redmann

Raboin Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1961

Lot Details

  • 7,499 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Fargo South High School

Utilities

  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for heat
  • Assessor Parcel Number 01204000510000
  • $1,496 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Morton & Dotys Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Maintenance Expense $4
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,219

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Subdivision Name: Morton & Dotys
  • Architectural Style: (MF) Duplex Up and Down
  • Year Built: 1961
  • General Property Information Zoning3: Residential-Single Family
  • General Property Information Lot Size SqFt2: 7499.0
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 2979.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1961
  • General Property Information Lot Dimensions: 50 x 150
  • General Property Information Below Grd Total SqFt: 1232.0
  • General Property Information Total Finished Sqft2: 2464.00
  • General Property Information Style2: (MF) Duplex Up and Down
  • Building Information Finished SqFt Above Ground: 1232
  • Building Information Finished SqFt Below Ground: 1232
  • Exterior BrickStone: Yes
  • Exterior:Vinyl2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Unit Details Total Units: 2
  • HeatFuelOil: Yes
  • Basement Poured Concrete: Yes
  • General Property Information Above Ground SqFt: 1232.0
  • Unit 1 Annual Rent: 9540.0
  • Income and Expenses Annual Electric Expense: 1.0
  • Income and Expenses Annual Fuel Expense: 1.0
  • Income and Expenses Annual Gross Expenses: 1.0
  • Income and Expenses Annual Insurance Expense: 1.0
  • Income and Expenses Annual Maintenance Expense: 4.0
  • Income and Expenses Annual Trash Expense: 1.0
  • Income and Expenses Annual WaterSewer Expense: 1.0
  • Income and Expenses Total Annual Expenses: 1.0
  • Location Tax and Other Information High School3: Fargo South
  • Laundry Common Area: Yes
  • Amenities Shared Common Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Heat
  • Accessibility Features: None
  • Has Basement: Poured Concrete
  • Total Bedrooms: 6

Exterior Features

  • Exclusions: None
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Heating: Boiler
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Boiler: Yes

Fee Information

  • Trash Expense: 1.0

Schools

  • High School: Fargo South

Lot Info

  • Lot Size Sq Ft: 7499.0
  • Parcel #: 01204000510000
  • Zoning: Residential-Single Family

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1.0
  • Annual Gross Income: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 4.0

Tax Info

  • Tax Annual Amount: 3219.0
  • Tax Other Annual Assessment Amount: 1496.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Dec 6, 2024
Sold by
1313 14Th St Llc and Knobloch Lars O
Bought by
Eiman Joseph A
Seller's Agent
Michael Gillund
Beyond Realty
Buyer's Agent
Sean Redmann
Raboin Realty
List Price
$250,000
Views
72
Current Estimated Value
$260,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$237,500
Outstanding Balance
$236,641
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$21,455

Purchase Details

Closed on
Dec 22, 2015
Sold by
Rader Family Llc
Bought by
1313 14Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Rader James C and Rader James
Bought by
Rader Family Llc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Scraper Douglas and Scraper Mary K
Bought by
Rader James
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 Type Sale Price Title Company
Warranty Deed $250,000 The Title Company
Warranty Deed $250,000 The Title Company
Warranty Deed $180,500 Title Co
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Closed $237,500 New Conventional
Previous Owner $144,400 Purchase Money Mortgage
Previous Owner $244,660 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
12/06/2024 12/06/24 Sold -- -- --
12/06/2024 12/06/24 Sold -- -- --
11/11/2024 11/11/24 Pending -- -- --
11/11/2024 11/11/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $250,000 0.0% $101 / Sq Ft
02/09/2024 02/09/24 For Sale $250,000 -- $101 / 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 $3,235 $111,600 $21,000 $90,600
2023 $3,219 $111,600 $21,000 $90,600
2022 $2,993 $101,450 $21,000 $80,450
2021 $2,625 $89,500 $20,150 $69,350
2020 $2,398 $81,350 $20,150 $61,200
2019 $2,086 $76,050 $11,950 $64,100
2018 $2,059 $76,050 $11,950 $64,100
2017 $1,946 $72,450 $11,950 $60,500
2016 $1,742 $70,350 $11,950 $58,400
2015 $1,845 $65,550 $8,200 $57,350
2014 $1,673 $57,000 $8,200 $48,800
2013 $1,681 $57,000 $8,200 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368572

APN: 01-2040-00510-000