Estimated Value: $205,000 - $240,000
7
Beds
4
Baths
1,201
Sq Ft
$187/Sq Ft
Est. Value
About This Home
As of September 2021Here is your chance to invest in four well-maintained units in Northwest Minot. The property consists of three 2 bed/1 bath units and a 1 bed/1 bath unit. The two bedroom units were most recently leased for $665 and the one bedroom for $565. Tenants pay for electric, water, sewer and trash. The property has alley access with a concrete slab for parking and could allow for garages to be built in the future. The roof was replaced in 2019. Other features include coin operated laundry on the lower level and through wall air conditioners on the upper level units. Don't miss out on this great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,399
Year Built
- Built in 1958
Lot Details
- 0.27
Parking
- Driveway
Home Design
- 1,201 Sq Ft Home
- Quadruplex
- Split Foyer
- Concrete Foundation
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Natural Gas
Additional Features
- Finished Basement
Community Details
- 2,808 Sq Ft Building
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2021
Closed on
Sep 30, 2021
Sold by
Northc Entral Cpaital Llc
Bought by
Forgey Christopher D and Forgey Maria A
Seller's Agent
Daniel Erickson
IMM REALTORS
Buyer's Agent
Kerri Zablotney
SIGNAL REALTY
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,277
Avg. Annual Appreciation
2.93%
Original Mortgage
$207,620
Outstanding Balance
$191,372
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$47,734
Purchase Details
Closed on
Aug 22, 2017
Sold by
Iret Properties
Bought by
North Central Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,955
Interest Rate
3.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 2008
Sold by
Jpw Ventures Inc
Bought by
Iret Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.67%
Mortgage Type
Unknown
Similar Homes in Minot, ND
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forgey Christopher D | $215,000 | None Available | |
| North Central Capital Llc | -- | First American Title Ins Co | |
| Iret Properties | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forgey Christopher D | $207,620 | |
| Previous Owner | North Central Capital Llc | $10,955 | |
| Previous Owner | Iret Properties | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | -- | -- | -- |
| 07/15/2021 07/15/21 | Pending | -- | -- | -- |
| 07/12/2021 07/12/21 | For Sale | $225,000 | -- | $187 / Sq Ft |
Source: Minot Multiple Listing Service
Tax History Compared to Growth
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 | $3,264 | $95,500 | $26,000 | $69,500 |
| 2023 | $3,435 | $94,000 | $26,000 | $68,000 |
| 2022 | $2,894 | $83,000 | $26,000 | $57,000 |
| 2021 | $2,464 | $73,500 | $26,000 | $47,500 |
| 2020 | $2,526 | $76,000 | $26,000 | $50,000 |
| 2019 | $2,364 | $70,000 | $26,000 | $44,000 |
| 2018 | $2,189 | $65,500 | $26,000 | $39,500 |
| 2017 | $2,990 | $97,000 | $34,500 | $62,500 |
| 2016 | $2,975 | $119,500 | $34,500 | $85,000 |
| 2015 | $2,711 | $119,500 | $0 | $0 |
| 2014 | $2,711 | $135,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Erickson
Seller's Agent in 2021
Daniel Erickson
IMM REALTORS
(701) 720-3118
18 Total Sales
-
Kerri Zablotney
Buyer's Agent in 2021
Kerri Zablotney
SIGNAL REALTY
(701) 833-4449
206 Total Sales
Map
Source: Minot Multiple Listing Service
MLS Number: 211423
APN: MI-11133-030-012-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than Ten-X are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker.
Ten-X does not display the entire MMLS, Inc. Broker Reciprocity database on this website. The listings of some real estate brokerage firms have been excluded.
All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without written permission from Ten-X
Nearby Homes
- 2014 4th St NW
- 2047 4th St NW
- 1948 3rd St NW
- 2101 3rd St NW Unit 310
- 1933 Skyline Dr
- 3630 N Broadway
- 605 N Broadway
- 3801 N Broadway
- 1816 7th St NW
- 613 23rd Ave NW
- 1612 6th St NW
- 1909 9th St NW
- 619 25th Ave NW
- 1609 8th St NW
- 909 21st Ave NW
- 0 NW Corner 4th Ave and 27th St Unit 240530
- 1512 Glacial Dr
- 1207 8th St NW
- 1525 12th St NW
- 1200 9th St NW
- 2018 4th St NW
- 2026 4th St NW
- 2012 4th St NW
- 2010 4th St NW
- 2032 4th St NW
- 2025 3rd St NW Unit Suite 2
- 2017 3rd St NW
- 2006 4th St NW
- 2019 4th St NW
- 2015 4th St NW
- 2029 4th St NW
- 2009 3rd St NW
- 2011 4th St NW
- 2002 4th St NW
- 2000 4th St NW
- 2035 3rd St NW
- 2035 4th St NW
- 2001 & 2003 4th St
- 2041 3rd St NW
- 2046 4th St NW