NOT LISTED FOR SALE

1825 5th St SW Minot, ND 58701

Estimated Value: $224,615 - $278,000

8 Beds
4 Baths
1,201 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 28, 2024

Current estimated payment $1,503/month

56 Days on Market

About This Home

As of February 2024

Prime investment opportunity with four 2-bed, 1 bath units. This property has an on-site coin-operated laundry, off street parking, and two entrance points for added tenant convenience. This property is fully occupied and has established, long-term tenants. All units are in above average condition. Please reach out to your Realtor for more interior pictures!

Last Agent to Sell the Property

Nathan Stremick

SIGNAL REALTY License #8697 Listed on: 11/15/2023

Co-Listed By

Ashley Johnson

SIGNAL REALTY

Last Buyer's Agent

Ashleigh Collins

Century 21 Morrison Realty License #7734

Century 21 Morrison Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 1974

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Quadruplex
  • Concrete Foundation

Interior Spaces

  • 1,201 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,373

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • 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
  • Has Basement: None
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Garage 1: None
  • Garage 2: None

Utilities

  • Sewer: City
  • Hot Water: City

Schools

  • School District: Washington
  • School District: Washington

Lot Info

  • Acres: Less
  • Number of Acres: 0.19
  • Zoning: R3

Tax Info

  • Taxes: $3,486
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Meine Marvin A
Bought by
Meine Matthew
Current Estimated Value
$246,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$168,390
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$69,988

Purchase Details

Closed on
Jul 13, 2018
Sold by
Johnson Elaine J
Bought by
Meine Marvin A and Meine Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Meine Matthew -- None Available
Meine Marvin A $194,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meine Matthew $187,500
Closed Meine Marvin A $184,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold -- -- --
01/10/2024 01/10/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $207,500 -2.4% $173 / Sq Ft
11/15/2023 11/15/23 For Sale $212,500 -- $177 / 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 $2,373 $90,000 $32,500 $57,500
2023 $3,263 $96,000 $32,500 $63,500
2022 $2,963 $91,000 $32,500 $58,500
2021 $2,689 $85,500 $32,500 $53,000
2020 $2,653 $85,000 $32,500 $52,500
2019 $2,832 $89,500 $30,000 $59,500
2018 $1,644 $82,500 $30,000 $52,500
2017 $527 $81,500 $36,000 $45,500
2016 $582 $88,500 $36,000 $52,500
2015 $1,928 $88,500 $0 $0
2014 $1,928 $88,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Stremick

    Seller's Agent in 2024

    Nathan Stremick

    SIGNAL REALTY

    (701) 500-3890

    303 Total Sales

    Nathan Stremick
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Ashley Johnson

    SIGNAL REALTY

    (828) 380-9319

    171 Total Sales

    Ashley Johnson
    Section Image
  • Ashleigh Collins

    Buyer's Agent in 2024

    Ashleigh Collins

    Century 21 Morrison Realty

    (701) 240-2608

    240 Total Sales

    Ashleigh Collins
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 231890

Minot Multiple Listing Service

APN: MI-26408-010-015-0

North Dakota Ward County Minot 58701

1825 5th St SW, Minot, ND

This home is located at 1825 5th St SW, Minot, ND 58701 since 15 November 2023 and is currently estimated at $246,154, approximately $204 per square foot. This property was built in 1974. 1825 5th St SW is a home located in Ward County with nearby schools including Edison Elementary School, Jim Hill Middle School, and Magic City Campus High School.

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