$260,000
SOLD JUL 19, 2023
Last list price

2017 5th St NW Minot, ND 58703

7 Beds
4 Baths
1,501 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

4 Days on Market

About This Home

As of July 2023

Great investment property on North Hill. This 4 plex is well maintained and has 1- one bedroom, one bathroom unit and 3 - two bedroom, one bathroom units. Each unit has their own garage out back with alley access and extra parking space. The 2 upper units have been completely remodeled with new paint, new flooring and new appliances. The common space downstairs has a coin washer and dryer that convey with the property. Whether this is your first investment opportunity or you are adding to your portfolio, don't miss out on this opportunity!

Last Agent to Sell the Property

Morgan Abel

SIGNAL REALTY License #8489 Listed on: 05/25/2023

Last Buyer's Agent

Kerri Zablotney

SIGNAL REALTY License #8984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Quadruplex
  • Split Level Home
  • Concrete Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,640

Year Built

Built in 1959

Lot Details

0

Listing Details

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

Interior Features

  • Number Of Bedrooms: 7
  • Bathrooms: 4
  • Appliances: Microwave, Refrigerator, Range/Oven, Washer and Dryer
  • Has Basement: Finished, Full
  • 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
  • Heat Exp: $770

Utilities

  • Air Conditioner: Wall
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: $226
  • Water Trash Expense: $770

Condo/Co-op/Association

  • Units in Building: 4

Schools

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

Lot Info

  • Acres: Less
  • Number of Acres: 0.23
  • Zoning: R3B

Rental Info

  • Management Exp: $540

Tax Info

  • Taxes: $3,853.61
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 19, 2023
Sold by
Ready Rentals Llc
Bought by
Vols Keaton J
Seller's Agent
Morgan Abel
SIGNAL REALTY
Buyer's Agent
Kerri Zablotney
SIGNAL REALTY
List Price
$260,000
Sold Price
$260,000
Total Days on Market
4
Views
32
Current Estimated Value
$267,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,896
Avg. Annual Appreciation
1.60%
Original Mortgage
$255,290
Outstanding Balance
$250,616
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$17,280

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 17, 2022
Sold by
Laughton Nathan F
Bought by
Ready Rentals Llc
Seller's Agent
Daniel Erickson
IMM REALTORS
Buyer's Agent
Morgan Abel
SIGNAL REALTY
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$192,000
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 27, 2015
Sold by
Leier Properties Llc
Bought by
Laughton Nathan F
Seller's Agent
Blake Krabseth
Better Homes and Gardens Real Estate Watne Group
Buyer's Agent
DANNY HANSON
IMM REALTORS
List Price
$300,000
Sold Price
$296,000
Premium/Discount to List
-$4,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.93%
Original Mortgage
$215,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 10, 2012
Closed on
Oct 8, 2012
Sold by
Protea Properties Llc
Bought by
Leier Properties Llc
Seller's Agent
Blake Krabseth
Better Homes and Gardens Real Estate Watne Group
Buyer's Agent
MELISSA LEIER
Century 21 Morrison Realty
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$187,500
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2008
Sold by
Nelson Byron D and Nelson Heidi G
Bought by
Collisn Kevin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Minot, ND

  • 501 10th Ave SE, Minot, ND 58701

    $230,000

    • 6 Beds
    • 3 Baths
    • 1,501 Sq Ft
    • 501 10th Ave SE
    • Minot, ND

    Seize the opportunity to own this well-maintained triplex, perfect for investors looking to expand their rental portfolio or for owner-occupants seeking additional income. This property features three distinct units, each offering comfortable living spaces. Main Floor Unit: Three bedrooms, one bathroom, a spacious kitchen and dining area, a generous living room, plus a versatile bonus

    Alexa vonGoltz Realty ONE Group Magnum

    Section Image
  • 1521 12th St NW, Minot, ND 58703

    $200,000

    • 8 Beds
    • 4 Baths
    • 1,501 Sq Ft
    • 1521 12th St NW
    • Minot, ND

    If you have been dreaming of an investment opportunity to knock on your door, HERE IT IS! Perfect owner-occupied property with Four 2 bedroom, 1 bath units. Upper units have balconies, great NW location with proximity to MSU and MAFB. Low vacancy rate and good upkeep have made this an excellent option to add to your portfolio. Lots of parking and a nice backyard for tenants to enjoy. Coin

    MELISSA HOUSTON NextHome Legendary Properties

    Section Image
  • 916 12th Ave NW, Minot, ND 58703

    $225,000

    • 5 Beds
    • 4 Baths
    • 1,201 Sq Ft
    • 916 12th Ave NW
    • Minot, ND

    Great investment opportunity near Minot State University! This 4-plex would be a hassle free purchase with all units currently occupied! It has three one bedroom, one bathroom units, and one two bedroom, one bathroom unit. There have been updates made to the property to make it feel like new! Located in a highly desired area, just minutes from Minot State University! Call your Realtor today to

    Kyler Elm ELITE REAL ESTATE, LLC

    Section Image
  • 2 University Ave W, Minot, ND 58703

    $219,900

    • 6 Beds
    • 6 Baths
    • 2,001 Sq Ft
    • 2 University Ave W
    • Minot, ND

    Your real estate portfolio has been looking mighty lonely as of late. This historic beauty will make a fine addition! Situated on an oversized lot, Lakeview Apartments is a six unit building with an attached four-car garage, green space, and ample parking. Each apartment features one bedroom, one bathroom, character rich wood trim, original doors, and cozy features while still allowing for the

    Amy Rogers BROKERS 12, INC.

    Section Image
  • 123 7th St NW, Minot, ND 58703

    $245,000

    • 5 Beds
    • 3 Baths
    • 1,501 Sq Ft
    • 123 7th St NW
    • Minot, ND

    Duplex near Oak Park for sale! This would make a great investment or an owner-occupied investment unit. The main floor unit is just under 2000 sf total with the main level and basement. Main level features one primary bedroom, large open living room, kitchen and dining and a full bathroom. Downstairs features 2 additional bedrooms, a full bathroom, living room and the laundry room. This unit will

    Morgan Abel SIGNAL REALTY

    Section Image
  • 1104 2nd St SE, Minot, ND 58701

    $238,000

    • 6 Beds
    • 4 Baths
    • 2,001 Sq Ft
    • 1104 2nd St SE
    • Minot, ND

    Live in One, Rent the Other - Smart Wealth-Building Opportunity! This 100% occupied duplex is more than just a great investment - it's a chance to build long-term wealth through owner-occupancy. Live in one spacious unit while generating rental income from the other to offset your mortgage and reduce living expenses. If you'd rather rent both units you are set as well! Each unit features a

    Sammy Herslip BROKERS 12, INC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Listed On Document
Warranty Deed $240,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,290 FHA
Previous Owner $192,000 New Conventional
Previous Owner $215,000 Commercial
Previous Owner $187,500 Future Advance Clause Open End Mortgage
Previous Owner $141,200 Commercial
Previous Owner $141,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold -- -- --
05/29/2023 05/29/23 Pending -- -- --
05/29/2023 05/29/23 Off Market -- -- --
05/25/2023 05/25/23 For Sale $260,000 +15.6% $173 / Sq Ft
06/17/2022 06/17/22 Sold -- -- --
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $225,000 -25.0% $150 / Sq Ft
05/29/2015 05/29/15 Sold -- -- --
02/24/2015 02/24/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $300,000 +20.0% $200 / Sq Ft
10/08/2012 10/08/12 Sold -- -- --
08/10/2012 08/10/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $250,000 -- $83 / 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 $3,640 $106,500 $23,500 $83,000
2023 $3,837 $105,000 $23,500 $81,500
2022 $3,312 $95,000 $23,500 $71,500
2021 $2,917 $87,000 $23,500 $63,500
2020 $2,991 $90,000 $23,500 $66,500
2019 $2,837 $84,000 $23,500 $60,500
2018 $2,590 $77,500 $23,500 $54,000
2017 $2,990 $97,000 $31,000 $66,000
2016 $3,087 $124,000 $36,000 $88,000
2015 $3,166 $124,000 $0 $0
2014 $3,166 $146,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Minot Multiple Listing Service

MLS Number: 230817

Minot Multiple Listing Service

APN: MI-11173-000-003-0