NOT LISTED FOR SALE

2016 5th St NW Minot, ND 58703

Estimated Value: $235,046 - $275,000

7 Beds
4 Baths
1,501 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2014

Current estimated payment $1,694 / mo

108 Days on Market

About This Home

As of October 2014

Great investment property that is in excellent condition! This 4-plex is located in NW Minot and is a rare find with 4 single stall garages with alley access. The property is made up of (3) 2 bedroom units and a 1 bedroom unit, all with 1 bath. There is on site coin operated laundry, off street parking, and good yard space. This property has been well maintained with all units being rented.

Last Agent to Sell the Property

Kausha Bakk

BROKERS 12, INC. License #7683 Listed on: 04/21/2014

Last Buyer's Agent

Mike Pellenwessel

Preferred Partners Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,498

Home Design

  • 1,501 Sq Ft Home
  • Quadruplex
  • Split Level Home
  • Concrete Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Additional Features

  • Oven or Range
  • Lot Dimensions are 75 x 140

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number MI11.133.060.0111

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

10,498 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Level
  • Age: 50+
  • Flooded: No
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 7
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Fireplace: No
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage 1: D4
  • Garage 2: None
  • Garage Capacity: 4
  • Garage Features: Opener, Lights

Utilities

  • Air Conditioner: Wall
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1

Lot Info

  • Acres: Less
  • Lot Size: 75 x 140
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $44,400
  • Management Exp: $2,220

Tax Info

  • Assessor Parcel Number: MI11.133.060.0111
  • Taxes: $3,400
  • Tax Year: 2013
  • Taxes Exp: $3,400

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Bought by
Current Estimated Value
$260,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$366,508
Interest Rate
5.56%
Estimated Equity
-$106,496

Purchase Details

Listed on
Apr 21, 2014
Closed on
Oct 31, 2014
Sold by
Bought by
Seller's Agent
Kausha Bakk
BROKERS 12, INC.
Buyer's Agent
Mike Pellenwessel
Preferred Partners Real Estate
List Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
Original Mortgage
$225,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold -- -- --
08/07/2014 08/07/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $325,000 -- $217 / Sq Ft
Source: Minot Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,412 $106,500 $23,500 $83,000
2024 $3,520 $103,000 $23,500 $79,500
2023 $3,709 $101,500 $23,500 $78,000
2022 $3,731 $107,000 $23,500 $83,500
2021 $3,286 $98,000 $23,500 $74,500
2020 $3,373 $101,500 $23,500 $78,000
2019 $3,191 $94,500 $23,500 $71,000
2018 $2,925 $87,500 $23,500 $64,000
2017 $3,314 $107,500 $31,500 $76,000
2016 $3,423 $137,500 $37,000 $100,500
2015 $3,358 $137,500 $0 $0
2014 $3,358 $155,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 140943

Minot Multiple Listing Service

APN: MI-11133-060-011-1

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