NOT LISTED FOR SALE

1621 3rd Ave S Fargo, ND 58103

Jefferson-Carl Neighborhood

Estimated Value: $267,000 - $277,000

-- Bed
-- Bath
3,186 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 31, 2023

Current estimated payment $1,808/month

69 Days on Market

About This Home

As of July 2023

INVESTORS! Here is your long awaited 4 plex opportunity. This cash flowing beauty has a braced foundation, coin operated laundry, ceramic tile floor in lower level units and a new water heater just to name a few features. It surely won't last long, so schedule your showing with your favorite Realtor today!, Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Total Parking Spaces: 5, Income/Expenses: (Total Income: 34080.00, Management: 2385.00, Utilities: 6096.00, Maintenance: 1500.00, Other: 90.00, Wages: 0.00, NOI: 22767.00)

Last Agent to Sell the Property

Rob Margheim

Prime Realty Listed on: 05/01/2023

Last Buyer's Agent

DeDe Heller

Town & Country Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1901

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150.6

Home Design

  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • Block Basement Construction

Schools

  • Fargo South High School

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for heat
  • Assessor Parcel Number 01098001540000
  • $137 per year additional tax assessments

Community Details

Overview

  • Fullers Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x150.6
  • Subdivision Name: Fullers
  • Year Built: 1901
  • General Property Information:Acres: 0.17
  • Location Tax and Other Information Tax Year2: 2022
  • Location Tax and Other Information Tax Amount: 2969.78
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1901
  • General Property Information Lot Dimensions: 50x150.6
  • General Property Information Below Grd Total SqFt: 1142.0
  • General Property Information Total Finished Sqft2: 3186.00
  • Building Information Finished SqFt Above Ground: 2044
  • Building Information Finished SqFt Below Ground: 1022
  • Exterior:Vinyl2: Yes
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Basement Concrete Block: Yes
  • Unit Details Total Units: 4
  • HeatFuelOil: Yes
  • General Property Information Above Ground SqFt: 2044.0
  • Unit 1 Annual Rent: 9900.0
  • Income and Expenses Annual Insurance Expense: 1332.0
  • Income and Expenses Annual Maintenance Expense: 10071.0
  • Income and Expenses Total Annual Expenses: 11313.0
  • Location Tax and Other Information High School3: Fargo South
  • General Property Information Below Grade Unfinished Area: 120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Owner Pays: Heat
  • Has Basement: Concrete Block

Exterior Features

  • Exclusions: None
  • Roof: Asphalt Shingles

Utilities

  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating:Hot Water: Yes

Schools

  • High School: Fargo South

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 01098001540000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34080.0
  • Insurance Expense: 1332.0
  • Maintenance Expense: 10071.0
  • Property Net Operating Income: 22767.0

Tax Info

  • Tax Other Annual Assessment Amount: 137.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 31, 2023
Sold by
Verazity Rentals Llc
Bought by
Lisburg Lisa Marie and Lisburg Rodney
Seller's Agent
Rob Margheim
Prime Realty
Buyer's Agent
DeDe Heller
Town & Country Realty
List Price
$260,000
Current Estimated Value
$272,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$191,250
Outstanding Balance
$187,735
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$83,696

Purchase Details

Closed on
Nov 30, 2020
Sold by
Krebsbach Karen
Bought by
Krebsbach Mason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Sweep Inc
Bought by
Verazity Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Brc Properties Llc
Bought by
Sweep Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2013
Sold by
Haugen Jay M and Estate Of John F Haugen
Bought by
Brc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lisburg Lisa Marie $255,000 Plains Title
Krebsbach Mason -- The Title Co
Verazity Rentals Llc $220,000 The Title Company Commercial
Sweep Inc $175,000 None Available
Brc Properties Llc $62,000 Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisburg Lisa Marie $191,250
Previous Owner Krebsbach Mason $50,000
Previous Owner Verazity Rentals Llc $176,000
Previous Owner Sweep Inc $131,300
Previous Owner Brc Properties Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
07/31/2023 07/31/23 Sold -- -- --
07/10/2023 07/10/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $260,000 -- $82 / 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 $3,798 $124,100 $23,000 $101,100
2023 $3,603 $118,200 $23,000 $95,200
2022 $3,103 $98,500 $23,000 $75,500
2021 $3,021 $98,500 $23,000 $75,500
2020 $3,002 $98,500 $23,000 $75,500
2019 $2,854 $94,000 $9,500 $84,500
2018 $2,816 $94,000 $9,500 $84,500
2017 $2,566 $86,250 $9,500 $76,750
2016 $2,324 $86,250 $9,500 $76,750
2015 $2,160 $75,000 $9,500 $65,500
2014 $1,655 $55,500 $9,500 $46,000
2013 $1,635 $55,500 $9,500 $46,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rob Margheim

    Prime Realty

    (701) 371-5261

    7 in this area

    109 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    DeDe Heller

    Town & Country Realty

    (701) 491-0572

    5 in this area

    156 Total Sales

    Section Image
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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368523

APN: 01-0980-01540-000

North Dakota Cass County Fargo 58103 Jefferson-Carl

1621 3rd Ave S, Fargo, ND

This home is located at 1621 3rd Ave S, Fargo, ND 58103 since 01 May 2023 and is currently estimated at $271,431, approximately $85 per square foot. This property was built in 1901. 1621 3rd Ave S is a home located in Cass County with nearby schools including Jefferson Elementary School, Ben Franklin Middle School, and South High School.

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