NOT LISTED FOR SALE

1440 32nd Ave SW Minot, ND 58701

Estimated Value: $375,000 - $856,340

23 Beds
12 Baths
3,001 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 26, 2018

Current estimated payment $3,848/month

11 Days on Market

About This Home

As of January 2018

Well maintained 12-plex located close to shopping in SW Minot. There are 11-2 bedroom units and 1-1 bedroom unit. There is also 2-coin operated clothes washers & 2-coin operated clothes dryers.

Last Agent to Sell the Property

Nathan Stremick

SIGNAL REALTY License #8697 Listed on: 12/15/2017

Last Buyer's Agent

Brad Beeter

Preferred Partners Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,826

Year Built

  • Built in 1983

Lot Details

  • 0.6

Home Design

  • Concrete Foundation

Interior Spaces

  • 3,001 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 12 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 8 Car Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 12 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,826

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • Additional Comments 3: NO CONCESSIONS PAID
  • Age: 31-40
  • Flooded: No
  • FILLYEARBUILT: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1983

Interior Features

  • Number Of Bedrooms: 23
  • Bathrooms: 12
  • Appliances: Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Sq Ft Above Ground: 3001+
  • Basement Type: Other

Exterior Features

  • Exterior: Deck
  • Foundation: Concrete
  • Home Warranty: No

Garage/Parking

  • Driveway: Paved
  • Garage 1: D4
  • Garage 2: D4
  • Garage Capacity: 8
  • Heat Exp: $2,438

Utilities

  • Air Conditioner: Wall
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: $1,726
  • Water Trash Expense: $1,766

Condo/Co-op/Association

  • Units in Building: 12

Schools

  • School District: Minot #1

Lot Info

  • Acres: Less
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $90900/EST
  • Management Exp: $4,545

Tax Info

  • Taxes: $7,780(EST
  • Tax Year: 2017
  • Taxes Exp: $7,800/EST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Jan 26, 2018
Sold by
Herauf Lori and Stordal Leif
Bought by
Folden Properties Llp
Seller's Agent
Nathan Stremick
SIGNAL REALTY
Buyer's Agent
Brad Beeter
Preferred Partners Real Estate
List Price
$549,900
Current Estimated Value
$575,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$376,000
Outstanding Balance
$266,669
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$309,166

Purchase Details

Closed on
Feb 9, 2015
Sold by
Stordal Gerald D and Stordal Gerald D
Bought by
Liv Stordal Gerald D and Gerald D Stordal Revocable Living Trust
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
Folden Properties Llp $47,000 None Available
Liv Stordal Gerald D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folden Properties Llp $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold -- -- --
12/26/2017 12/26/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $549,900 -- $183 / Sq Ft
Source: Minot Multiple Listing Service

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 $9,826 $287,500 $59,000 $228,500
2023 $10,359 $283,500 $59,000 $224,500
2022 $9,309 $267,000 $59,000 $208,000
2021 $8,383 $250,000 $59,000 $191,000
2020 $8,026 $241,500 $59,000 $182,500
2019 $7,632 $226,000 $59,000 $167,000
2018 $7,554 $226,000 $59,000 $167,000
2017 $8,247 $267,500 $72,000 $195,500
2016 $8,998 $361,500 $72,000 $289,500
2015 $8,876 $361,500 $0 $0
2014 $8,876 $393,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Stremick

    Seller's Agent in 2018

    Nathan Stremick

    SIGNAL REALTY

    (701) 500-3890

    257 in this area

    299 Total Sales

    Nathan Stremick
    Section Image

  • B

    Buyer's Agent in 2018

    Brad Beeter

    Preferred Partners Real Estate

    (701) 833-1758

    79 in this area

    117 Total Sales

    Brad Beeter
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 172726

Minot Multiple Listing Service

APN: MI-35567-000-004-0

North Dakota Ward County Minot 58701

1440 32nd Ave SW, Minot, ND

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