NOT LISTED FOR SALE

16 2nd St SW Hillsboro, ND 58045

Estimated Value: $545,126

20 Beds
15 Baths
8,418 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $3,625/month

12 Days on Market

Highlights

  • 8 Car Detached Garage
  • Hillsboro High School Rated 9+
  • Heating Available

About This Home

As of April 2022

Great investment opportunity in Hillsboro! This property features 15 units, comprised of 3 efficiency units, 4 1-bed/1bath units, and 8 2-bed/1 bath units. There are 8 garage stalls on site, which are allocated to the two-bedroom units. Property is fully rented. Call today for more info!

Last Listed By

Ryan Bohn

Crary Real Estate License #7070 Listed on: 03/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,862

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Parking

  • 8 Car Detached Garage

Interior Spaces

  • 8,418 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 15 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 260000206134000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,862

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Lot Size: 100x150
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1973
  • Expenses Heat Expense: Tenant
  • Expenses Tax And Specials Exp: 7166.39
  • Income Scheduled Rent: 82248
  • Income: 84248.0
  • Miscellaneous Laundry: Lower Level
  • Miscellaneous P L At Office: CA Required
  • Lot Size Acres: 0.34
  • Above Grade Finished Sq Ft: 8418.0
  • Architectural Style: 2+ Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 20

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: Detached
  • General Property Information:Garage Stalls: 8.0
  • General Property Information:Garage Remarks: Detached

Utilities

  • Heating: EBB
  • Heating Yn: Yes

Lot Info

  • Parcel #: 260000206134000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 15000.0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5861.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2025
Sold by
Jsm Properties Llc
Bought by
A To Z Property Partners Llc
Total Days on Market
12
Current Estimated Value
$545,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,062
Outstanding Balance
$418,544
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$138,761

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 29, 2022
Sold by
Asche Revocable Living Trust
Bought by
Jsm Properties Llc
Seller's Agent
Ryan Bohn
Crary Real Estate
Buyer's Agent
NON-MLS
GF Area Association of REALTORS

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Beach David E and Beach M Jean
Bought by
Asche Richard R and Asche Coleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.79%
Mortgage Type
Commercial

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
A To Z Property Partners Llc $595,000 None Listed On Document
Jsm Properties Llc $495,000 The Title Company
Asche Richard R $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A To Z Property Partners Llc $419,062
Previous Owner Jsm Properties Llc $364,500
Previous Owner Asche Richard R $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Off Market -- -- --
04/29/2022 04/29/22 Sold -- -- --
03/30/2022 03/30/22 Pending -- -- --
03/18/2022 03/18/22 For Sale -- -- --
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 $6,875 $228,550 $11,250 $217,300
2023 $6,916 $228,550 $11,250 $217,300
2022 $6,522 $212,000 $9,350 $202,650
2021 $7,425 $212,000 $9,350 $202,650
2020 $7,042 $201,000 $9,350 $191,650
2019 $7,071 $201,000 $9,350 $191,650
2018 $5,450 $189,950 $9,350 $180,600
2017 $7,004 $189,950 $0 $0
2016 $3,016 $0 $0 $0
2015 $3,016 $0 $0 $0
2014 $3,016 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 22-346

Grand Forks Area Association of REALTORS®

APN: 26000206134000