NOT LISTED FOR SALE

Estimated Value: $329,000 - $338,282

7 Beds
4 Baths
3,348 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 01, 2022

Current estimated payment $2,271/month

11 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 Listed By

Jordell Baumbach

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

  • 0.31

Parking

  • 4 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating

Additional Features

  • Basement

Community Details

  • 4 Units
  • Riverside Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 021000260000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,299

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Garage Spaces: 4
  • Water Source: City Water/Connected
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1674
  • New Construction: Yes
  • ResoBuildingAreaSource: Owner
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Living Area: 3348
  • Below Grade Finished Sq Ft: 1674
  • Basement YN: Yes
  • Appliances: Gas Water Heater
  • Appliances: Gas Water Heater
  • Appliances: Gas Water Heater
  • Appliances: Gas Water Heater

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Asphalt

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: West Fargo

Lot Info

  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 4

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 021000260000
  • Tax Annual Amount: 4299

Multi Family

  • TenantPays: Electricity, Other

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
Total Days on Market
11
Current Estimated Value
$333,641

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
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
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

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 Rsd Properties Llc $153,750
Previous Owner Kleingartner Jay A $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold -- -- --
05/02/2022 05/02/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $315,000 -- $94 / Sq Ft
Source: NorthstarMLS

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: NorthstarMLS

MLS Number: 7368451

NorthstarMLS

APN: 02-1600-00260-000