NOT LISTED FOR SALE

1505 12th St NW Minot, ND 58703

Estimated Value: $245,000

8 Beds
4 Baths
1,501 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 27, 2013

Current estimated payment $1,598/month

About This Home

As of March 2013

This investment property has 1568 sf on each level and has had many updates in the last year or two...new siding, windows, 2 upper level decks, water heater, entrance door, newer washer/dryer and repaved parking lot. Each unit has 2 bedrooms and 1 bath. There is a laundry room in the lower level that generates approx. $1300/yr add'l income. Tenants pay electricity. Currently, rents are very reasonable and would be up to the new owner to adjust. All tenants are currently on a month-to-month basis. See associated docs for Income Statement.

Last Agent to Sell the Property

Joyce Kuntz

NextHome Legendary Properties License #6954 Listed on: 11/14/2012

NextHome Legendary Properties

Last Buyer's Agent

Jan Tucker

Century 21 Morrison Realty License #8116

Century 21 Morrison Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 60x150

Parking

  • Driveway

Home Design

  • Quadruplex
  • Concrete Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number MI141170000241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1
  • Additional Comments: $5000.00
  • Additional Comments 3: Cl Cost
  • Age: 31-40
  • Flooded: No
  • FILLYEARBUILT: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Fireplace: No
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage 1: None
  • Garage 2: None
  • Heat Exp: 1399

Utilities

  • Air Conditioner: Window
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: 453
  • Water Trash Expense: 1508

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Lewis & Clark
  • School District: Lewis & Clark

Lot Info

  • Acres: Less
  • Lot Size: 60x150
  • Zoning: R3B

Rental Info

  • Annual Rent Income: 31,596
  • Management Exp: 1982

Tax Info

  • Assessor Parcel Number: MI141170000241
  • Taxes: 2538
  • Tax Year: 2011
  • Taxes Exp: 2538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Icefire Llc
Bought by
Palomares Christopher
Current Estimated Value
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,370
Outstanding Balance
$174,347
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$64,653

Purchase Details

Closed on
May 31, 2013
Sold by
Frazier Veronica
Bought by
Icefire Llc

Purchase Details

Listed on
Nov 14, 2012
Closed on
Mar 15, 2013
Sold by
Beich Jonathan W and Beich Jennifer
Bought by
Frazier Veronica T
Seller's Agent
Joyce Kuntz
NextHome Legendary Properties
Buyer's Agent
Jan Tucker
Century 21 Morrison Realty
List Price
$292,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%
Original Mortgage
$200,600
Interest Rate
3.48%
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 Buyer Sale Price Title Company
Palomares Christopher $190,000 None Available
Icefire Llc -- None Available
Frazier Veronica T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomares Christopher $194,370
Previous Owner Frazier Veronica T $200,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold -- -- --
03/19/2013 03/19/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $292,500 -- $195 / 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 $3,588 $105,000 $22,500 $82,500
2023 $3,764 $103,000 $22,500 $80,500
2022 $3,121 $89,500 $22,500 $67,000
2021 $2,900 $86,500 $22,500 $64,000
2020 $3,473 $104,500 $22,500 $82,000
2019 $3,259 $96,500 $22,500 $74,000
2018 $2,975 $89,000 $22,500 $66,500
2017 $2,944 $95,500 $27,000 $68,500
2016 $3,012 $121,000 $27,000 $94,000
2015 $2,581 $121,000 $0 $0
2014 $2,581 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joyce Kuntz

    NextHome Legendary Properties

    (701) 720-9315

    36 Total Sales

    Joyce Kuntz
    Section Image

  • J

    Buyer's Agent in 2013

    Jan Tucker

    Century 21 Morrison Realty

    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 20122594

Minot Multiple Listing Service

APN: MI-14117-000-024-1

North Dakota Ward County Minot 58703

1505 12th St NW, Minot, ND

This home is located at 1505 12th St NW, Minot, ND 58703 since 14 November 2012 and is currently estimated at $245,000, approximately $163 per square foot. This property was built in 1976. 1505 12th St NW is a home located in Ward County with nearby schools including Longfellow Elementary School, Erik Ramstad Middle School, and Central Campus School.

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