NOT LISTED FOR SALE

Estimated Value: $352,000 - $366,700

-- Bed
-- Bath
3,348 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 01, 2022

Current estimated payment $2,308/month

5 Days on Market

About This Home

As of June 2022

Great opportunity to own a 4-plex investment property in a great neighborhood with the back yard that is ON the Sheyenne River! The main building has seamless steel siding and updated windows and exterior doors. Many updates have been done to the units as well, and are very well maintained. This property has extremely low vacancy and has a great rental history. The building consists of three 2 bed / 1 bath units and one 1 bed / 1 bath unit. Rent roll is: 700, 650, 600, 600 and ~75/mo in coin op laundry income. Tenants pay their own electricity (heat), the owner pays sewer, water, garbage and common area electricity. The gas water heater was installed in 2017 and supplies the entire building comfortably. Ever thought of House Hacking?, Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Income/Expenses: (Total Income: 31500.00)

Last Agent to Sell the Property

Jordell Baumbach

Baumbach Real Estate LLC Listed on: 04/21/2022

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1970

Parking

  • 4 Car Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof

Schools

  • West Fargo High School

Additional Features

  • Property is zoned Residential-Multi-Family
  • Baseboard Heating

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 021000260000
  • $4,859 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,299

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Riverside
  • Year Built: 1970
  • General Property Information Zoning3: Residential-Multi-Family
  • Location Tax and Other Information Tax Year2: 2022
  • Location Tax and Other Information Tax Amount: 4298.74
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1970
  • General Property Information Below Grd Total SqFt: 1674.0
  • General Property Information Total Finished Sqft2: 3348.00
  • Building Information Finished SqFt Above Ground: 1674
  • Building Information Finished SqFt Below Ground: 1674
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Unit Details Total Units: 4
  • Basement Poured Concrete: Yes
  • General Property Information Above Ground SqFt: 1674.0
  • Unit 1 Annual Rent: 8400.0
  • Location Tax and Other Information High School3: West Fargo
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Poured Concrete

Exterior Features

  • Exclusions: None
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Schools

  • High School: West Fargo

Lot Info

  • Parcel #: 021000260000
  • Zoning: Residential-Multi-Family

Rental Info

  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31500.0

Tax Info

  • Tax Other Annual Assessment Amount: 4858.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Dufner Brendan
Bought by
M & W Properties Inc
Current Estimated Value
$359,350

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 1, 2022
Sold by
Stewart and Erik
Bought by
Dufner Brendan
Seller's Agent
Jordell Baumbach
Baumbach Real Estate LLC
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$324,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$240,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2017
Sold by
Rsd Properties Llc
Bought by
Stewart Nicole and Stewart Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,272
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2013
Sold by
Dalsin Development Residential Llc
Bought by
Kleingartner Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2008
Sold by
Dalsin Michael
Bought by
Dalsin Development Residential Llc
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
M & W Properties Inc -- None Listed On Document
Dufner Brendan $315,000 Fm Title
Stewart Nicole $261,000 The Title Company
Stewart Nicole $261,000 Title Co
Kleingartner Jay A -- Fm Title
Dalsin Development Residential Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dufner Brendan $240,000
Previous Owner Stewart Nicole $256,272
Previous Owner Kleingartner Jay A $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
06/01/2022 06/01/22 Sold -- -- --
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $324,900 -- $97 / 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 $4,833 $151,650 $11,950 $139,700
2023 $4,851 $151,650 $11,950 $139,700
2022 $4,533 $135,600 $11,950 $123,650
2021 $4,495 $126,700 $11,950 $114,750
2020 $4,429 $126,700 $11,950 $114,750
2019 $4,476 $128,050 $11,950 $116,100
2018 $3,343 $97,750 $11,950 $85,800
2017 $2,985 $97,750 $11,950 $85,800
2016 $2,583 $97,750 $11,950 $85,800
2015 $2,085 $72,200 $10,250 $61,950
2014 $2,179 $72,200 $10,250 $61,950
2013 $2,214 $72,200 $10,250 $61,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368451

APN: 02-1600-00260-000