NOT LISTED FOR SALE

2018 4th St NW Minot, ND 58703

Estimated Value: $210,000 - $239,000

7 Beds
4 Baths
1,201 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 30, 2021

Current estimated payment $1,488/month

3 Days on Market

About This Home

As of September 2021

Here 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!

Last Agent to Sell the Property

Daniel Erickson

IMM REALTORS Listed on: 07/12/2021

Last Buyer's Agent

Kerri Zablotney

SIGNAL REALTY License #8984

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,399

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Age: 50+
  • Flooded: No
  • FILLYEARBUILT: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Number Of Bedrooms: 7
  • Bathrooms: 4
  • Appliances: Microwave, Refrigerator, Range/Oven
  • Has Basement: Finished
  • Price Per S Q F T: 76.57
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage 1: None
  • Garage 2: None
  • Heat Exp: 1197.97

Utilities

  • Air Conditioner: Wall
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: 544.18
  • Water Trash Expense: 1806.90

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Acres: Less
  • Lot Size: 11560 sq ft
  • Zoning: R3B

Tax Info

  • Taxes: 2399.35
  • Tax Year: 2020
  • Taxes Exp: 2399.35

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
Current Estimated Value
$222,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$207,620
Outstanding Balance
$191,372
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$26,450

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
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
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

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 $3,264 $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

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Map

Source: Minot Multiple Listing Service

MLS Number: 211423

Minot Multiple Listing Service

APN: MI-11133-030-012-1