NOT LISTED FOR SALE

1818 5th St SE Minot, ND 58701

Estimated Value: $214,000 - $236,000

8 Beds
4 Baths
1,201 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 20, 2015

Current estimated payment $1,529/month

87 Days on Market

About This Home

As of July 2015

This 4-plex is located near Washington School with off-street parking. Each unit has 2 bedrooms and 1 full bathroom and there is on-site coin operated laundry on the upper level of the building and a storage shed on the west side of the building. This is a great investment property with property management already in place.

Last Listed By

Curt Guss

ELITE REAL ESTATE, LLC License #7183 Listed on: 03/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80'x100'

Parking

  • Gravel Driveway

Home Design

  • 1,201 Sq Ft Home
  • Quadruplex
  • Split Foyer
  • Concrete Foundation

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
  • Heating System Uses Natural Gas

Additional Features

  • Oven or Range
  • Shed

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number MI25.426.010.0040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,777

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Additional Comments: Costs Pd
  • Age: 41-50
  • Flooded: No
  • FILLYEARBUILT: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven, Other/See Remarks
  • Has Basement: Finished, Full, Daylight
  • Fireplace: No
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Fourplex

Exterior Features

  • Exterior: Shed
  • Foundation: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Window
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: $54
  • Water Trash Expense: $80

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1
  • School District: Minot #1

Lot Info

  • Acres: Less
  • Lot Size: 80'x100'
  • Number of Acres: 0.18
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $38,880

Tax Info

  • Assessor Parcel Number: MI25.426.010.0040
  • Taxes: $2777
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jul 20, 2015
Sold by
Carbor Llc
Bought by
Haugen Ardell
Seller's Agent
Curt Guss
ELITE REAL ESTATE, LLC
Buyer's Agent
BRYNN BALERUD
Century 21 Morrison Realty
List Price
$289,900
Sold Price
$259,000
Premium/Discount to List
-$30,900
-10.66%
Total Days on Market
87
Current Estimated Value
$224,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,171
Avg. Annual Appreciation
-1.61%

Purchase Details

Closed on
Jul 1, 2006
Sold by
Fielhaber William L and Fielhaber Tania L
Bought by
Liberty Holdings Llc

Purchase Details

Closed on
Jun 21, 2005
Sold by
Premier Investments Llp
Bought by
Fielhaber William L and Fielhaber Tania L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
5.82%
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
Haugen Ardell -- None Available
Liberty Holdings Llc -- None Available
Fielhaber William L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holbach Randy $300,000
Closed Holbach Randy $175,000
Previous Owner Carbor Llc $150,917
Previous Owner Liberty Holdings Llc $143,480
Previous Owner Fielhaber William L $125,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold -- -- --
06/22/2015 06/22/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $289,900 -- $241 / 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 $3,383 $99,000 $24,000 $75,000
2023 $3,617 $99,000 $24,000 $75,000
2022 $3,016 $86,500 $24,000 $62,500
2021 $2,749 $82,000 $24,000 $58,000
2020 $2,858 $86,000 $24,000 $62,000
2019 $2,685 $79,500 $24,000 $55,500
2018 $2,457 $73,500 $24,000 $49,500
2017 $2,513 $81,500 $24,000 $57,500
2016 $2,626 $105,500 $24,000 $81,500
2015 $2,462 $105,500 $0 $0
2014 $2,462 $117,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 150737

Minot Multiple Listing Service

APN: MI-25426-010-004-0