NOT LISTED FOR SALE

1505 N 5th St Grand Forks, ND 58203

13 Beds
7 Baths
5,274 Sq Ft
0.32 Acres

Last Sold August 23, 2023

113 Days on Market

Highlights

  • 6 Car Detached Garage
  • 1-Story Property
  • Heating Available
  • Central High School Rated A-

About This Home

As of August 2023

This 7-plex is situated in a convenient location, making it a highly desirable investment property. Its prime location offers residents easy access to a wide range of amenities. The building itself is visually appealing and well-maintained, with each unit designed to provide comfortable living spaces for tenants.

Last Agent to Sell the Property

Zach Finney

Greenberg Realty License #40495161 Listed on: 07/20/2023

Last Buyer's Agent

PAULA MONETTE

Greenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,967

Year Built

  • Built in 1955

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140

Parking

  • 6 Car Detached Garage

Interior Spaces

  • 5,274 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Utilities

  • Heating Available

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 44290100110000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,967

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Lot Size: 100 x 140
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1955
  • Expenses Tax And Specials Exp: 5014.23
  • Income Scheduled Rent: 4,127
  • Lot Size Acres: 0.32
  • Above Grade Finished Sq Ft: 5274.0
  • Architectural Style: 1 Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 13

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: Detached
  • General Property Information:Garage Stalls: 6.0

Utilities

  • Heating: GH2O
  • Heating Yn: Yes

Lot Info

  • Parcel #: 44290100110000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 14000.0
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 4966.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 23, 2023
Sold by
A P E Properties Llc
Bought by
One Real Investment Limited Liability Company
Seller's Agent
Zach Finney
Greenberg Realty
Buyer's Agent
PAULA MONETTE
Greenberg Realty
List Price
$365,000
Views
11

Purchase Details

Closed on
Dec 1, 2007
Sold by
May Dean E and May Glenda L
Bought by
Direct Properties Llc and Stephan 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
$285,000
Interest Rate
6.31%
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
One Real Investment Limited Liability Company -- None Listed On Document
Direct Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A P E Properties Llc $188,000
Previous Owner Direct Properties Llc $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Off Market -- -- --
08/23/2023 08/23/23 Sold -- -- --
07/22/2023 07/22/23 Off Market -- -- --
06/13/2023 06/13/23 Price Changed $345,000 -5.5% $65 / Sq Ft
05/02/2023 05/02/23 For Sale $365,000 -- $69 / Sq Ft
Source: Grand Forks 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 $5,538 $168,000 $0 $0
2023 $5,489 $155,500 $35,000 $120,500
2022 $5,014 $151,400 $28,000 $123,400
2021 $4,973 $151,400 $28,000 $123,400
2020 $4,671 $143,700 $28,000 $115,700
2018 $4,044 $111,500 $21,450 $90,050
2017 $4,043 $111,500 $21,450 $90,050
2016 $3,607 $0 $0 $0
2015 $3,293 $0 $0 $0
2014 $3,417 $111,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2023

    Zach Finney

    Greenberg Realty

    (701) 739-5789

    345 Total Sales

    Zach Finney
    Section Image

  • P

    Buyer's Agent in 2023

    PAULA MONETTE

    Greenberg Realty

See All Agents

Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 23-459

Grand Forks Area Association of REALTORS®

APN: 44290100110000

North Dakota Grand Forks County Grand Forks 58203

1505 N 5th St, Grand Forks, ND

This home is located at 1505 N 5th St, Grand Forks, ND 58203 since 20 July 2023. This property was built in 1955. 1505 N 5th St is a home located in Grand Forks County with nearby schools including Wilder Elementary School, Valley Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Forks Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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