Estimated Value: $265,000 - $286,456
8
Beds
4
Baths
1,501
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Washer and Dryer
- Heating Available
- 2-minute walk to Leach Park
About This Home
As of April 2021Great investment property conveniently located in SW Minot near many amenities such as bars, restaurants, gas stations, parks, and a grocery store. This completely updated fourplex is currently fully occupied. Each unit is 2 bedrooms and one bath. Storage closets in hallway for each unit and coin operated laundry located on the lower level.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,110
Year Built
- Built in 1963
Lot Details
- 0.44
Parking
- Gravel Driveway
Home Design
- 1,501 Sq Ft Home
- Quadruplex
- Split Level Home
- Concrete Foundation
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Additional Features
- Washer and Dryer
- 0.44 Acre Lot
Community Details
- 3,240 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number MI22.500.040.0091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2021
Closed on
Apr 30, 2021
Sold by
Leier Nathan J
Bought by
Holbach Randy
Seller's Agent
Lynne Reisenauer
KW Inspire Realty
Buyer's Agent
DelRae Zimmerman
BROKERS 12, INC.
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Total Days on Market
1
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
$52,364
Avg. Annual Appreciation
4.20%
Original Mortgage
$221,500
Outstanding Balance
$50,847
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$209,637
Purchase Details
Closed on
Oct 30, 2009
Sold by
Northern Tier Federal Credit Union
Bought by
Leier Nathan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.07%
Mortgage Type
Commercial
Similar Homes in Minot, ND
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holbach Randy | $220,000 | None Available | |
| Leier Nathan J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holbach Randy | $221,500 | |
| Closed | Holbach Randy | $221,500 | |
| Previous Owner | Leier Nathan J | $114,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | -- | -- | -- |
| 04/08/2021 04/08/21 | Pending | -- | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $224,900 | -- | $150 / 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 | $3,879 | $153,500 | $31,500 | $122,000 |
| 2023 | $4,659 | $127,500 | $27,500 | $100,000 |
| 2022 | $4,074 | $111,000 | $27,500 | $83,500 |
| 2021 | $3,169 | $94,500 | $27,500 | $67,000 |
| 2020 | $3,273 | $98,500 | $27,500 | $71,000 |
| 2019 | $3,090 | $91,500 | $27,500 | $64,000 |
| 2018 | $2,841 | $85,000 | $27,500 | $57,500 |
| 2017 | $3,021 | $98,000 | $27,500 | $70,500 |
| 2016 | $3,099 | $124,500 | $27,500 | $97,000 |
| 2015 | $2,869 | $124,500 | $0 | $0 |
| 2014 | $2,869 | $163,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lynne Reisenauer
Seller's Agent in 2021
Lynne Reisenauer
KW Inspire Realty
(701) 818-0981
195 Total Sales
-
DelRae Zimmerman
Buyer's Agent in 2021
DelRae Zimmerman
BROKERS 12, INC.
(701) 833-1375
433 Total Sales
Map
Source: Minot Multiple Listing Service
MLS Number: 210646
APN: MI-22500-040-009-1
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