NOT LISTED FOR SALE

202 4th Ave NE Elgin, ND 58533

14 Beds
8 Baths
6,582 Sq Ft
0.37 Acres

Last Sold March 31, 2023

1 Day on Market

Highlights

  • Corner Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Elgin-New Leipzig Elementary School Rated 9+
  • 4 Car Detached Garage
  • Laundry Room

About This Home

As of March 2023

This is 8 unit apartment building is a great an investment opportunity. 6 2 bedroom apartments of approximately 735 sq ft each and 2 one-bedroom apartments of 617 sq ft each. There is off street parking for the tenants with vehicle plug-ins. Each apartment has a range, refrigerator and wall air conditioner. Electric heat with separate meters for each apartment. Tenants pay their own electric bills. The owners pay for the common areas, water, hot water and sewer for the facility. There are 2 coin operated laundries and a tornado shelter in the common area. There are 4 garage stalls for tenant use on a first come, first served basis. The apartments are currently all leased,. $400 per month for the one bedroom units, $440 per month for the 2 bedroom units. Garage rent is $30 per month. The property is well maintained and updated. Tenants are month to month, with a one month security deposit. It is one block from the hospital and is utilized by the staff. Financial information available uopn request.

Last Agent to Sell the Property

Josh Gartner

CENTURY 21 Morrison Realty License #10141 Listed on: 02/09/2023

CENTURY 21 Morrison Realty

Last Buyer's Agent

Non Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 125 x 130
  • Corner Lot
  • Rectangular Lot
  • Sloped Lot

Parking

  • 4 Car Detached Garage
  • Additional Parking
  • Parking Lot

Home Design

  • Shingle Roof
  • Steel Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,582 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Range

Flooring

  • Carpet
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Not Available
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Elgin Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61037400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,926

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Apartment Style, Two-Story
  • Directions: From Highway 49, go west on 6th Ave. to 4th St. Turn South on 2nd St to 4th Ave. Property is on the corner of 4th and 2nd. Sign on property.
  • Unit Levels: Two
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Year Built: 1978
  • Subdivision Name: Elgin Original
  • Above Grade Finished Sq Ft: 6582.0
  • Fireplace: No
  • Garage Yn: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Foundation:Concrete Perimeter: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Linoleum: Yes
  • Rooms:Laundry: Yes
  • Cooling WallWindow Unit(s): Yes
  • Architectural Style Two-Story: Yes
  • Utilities Cable Available: Yes
  • Utilities Fiber Optic Available: Yes
  • Utilities Phone Available: Yes
  • Levels Two: Yes
  • Flooring Concrete4: Yes
  • Architectural Style Apartment Style: Yes
  • Utilities Natural Gas Not Available: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Flooring: Carpet, Concrete, Linoleum
  • Appliances: Dryer, Electric Range, Range, Refrigerator, Washer
  • Total Bedrooms: 14
  • Interior Amenities: Window Treatments
  • Full Bathrooms: 8
  • Interior Features Window Treatments: Yes
  • Appliances:Electric Range: Yes
  • Appliances Range: Yes
  • Other Rooms: Yes

Exterior Features

  • Construction Type: Steel Siding
  • Exterior Features: Storage, Rain Gutters
  • Fencing: None
  • Lot Features: Sloped, Corner Lot, Lot - Owned, Rectangular Lot
  • Other Structures: Shed(s)
  • Roof: Shingle
  • Acres: 0.37
  • Foundation Details: Concrete Perimeter
  • General Property Information:Accessibility Features: No
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Rain Gutters: Yes
  • Exterior Features:Storage3: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Steel Siding: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Detached, Paved, Parking Lot, Additional Parking
  • ParkingFeaturesGarageDimensions: 4 car
  • Attached Garage: No
  • General Property Information:Garage: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Detached: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Paved: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Phone Available, Natural Gas Not Available, Water Connected, Trash Pickup - Public, Cable Available, Electricity Connected, Fiber Optic Available
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Dimensions: 125 x 130
  • Lot Size Sq Ft: 16250.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 61037400
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 31, 2023
Sold by
Beacon Properties Llc
Bought by
Bruner Ents Llc
Seller's Agent
Josh Gartner
CENTURY 21 Morrison Realty
Buyer's Agent
Non Member
Non Member
List Price
$175,000
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Outstanding Balance
$107,810
Interest Rate
5.29%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2007
Bought by
Beacon Properties Llc
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

Date Buyer Sale Price Title Company
Bruner Ents Llc $155,000 --
Beacon Properties Llc $155,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruner Ents Llc $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold -- -- --
02/08/2023 02/08/23 For Sale $175,000 -- $27 / Sq Ft
Source: Bismarck Mandan Board of REALTORS®

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 $2,479 $79,800 $4,050 $75,750
2023 $2,443 $79,800 $4,050 $75,750
2022 $3,078 $93,900 $2,200 $91,700
2021 $3,037 $93,900 $2,200 $91,700
2020 $3,065 $93,900 $2,200 $91,700
2019 $3,112 $93,900 $2,200 $91,700
2018 $2,524 $93,900 $2,200 $91,700
2017 $2,524 $84,600 $2,000 $82,600
2016 $2,524 $84,600 $2,000 $82,600
2015 $267 $84,600 $2,000 $82,600
2014 $267 $8,460 $0 $0
2013 $2,772 $8,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Gartner

    Seller's Agent in 2023

    Josh Gartner

    CENTURY 21 Morrison Realty

    (701) 214-7906

    70 Total Sales

    Josh Gartner
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member

See All Agents

Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 4006098

APN: 61037400

North Dakota Grant County Elgin 58533

202 4th Ave NE, Elgin, ND

Not Listed for Sale

MultiFamily

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