NOT LISTED FOR SALE

2229 2nd Ave SW Minot, ND 58701

Estimated Value: $284,000 - $301,000

8 Beds
4 Baths
1,501 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 17, 2021

Current estimated payment $2,049/month

4 Days on Market

About This Home

As of September 2021

Turn key fully occupied 4-plex located close to shopping and park in SW Minot. Each unit is 2 bedroom, 1 bath, and completely updated throughout. Outside you will find a 4 stall garage, vinyl siding, updated windows, and newer shingles. If you are looking for a quality property, this is it.

Last Agent to Sell the Property

Mike Pellenwessel

Preferred Partners Real Estate Listed on: 07/23/2021

Last Buyer's Agent

Jodee Heimdal

Century 21 Morrison Realty License #9006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1963

Lot Details

  • 9,801

Home Design

  • 1,501 Sq Ft Home
  • Quadruplex
  • Split Foyer
  • Concrete Foundation

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 4 Car Garage
  • Garage Door Opener

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Age: 50+
  • Flooded: Yes-R
  • FILLYEARBUILT: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Other
  • Garage 1: D4
  • Garage 2: None
  • Garage Capacity: 4
  • Garage Features: Opener
  • Heat Exp: $860

Utilities

  • Air Conditioner: No
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: $471
  • Water Trash Expense: $2,372

Condo/Co-op/Association

  • Units in Building: 4

Schools

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

Lot Info

  • Acres: Less
  • Lot Size: 9,842 sq ft
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $32,100

Tax Info

  • Taxes: $3,273
  • Tax Year: 2020
  • Taxes Exp: $3,273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Schiele and Tiffany
Bought by
Hidden Hills Properties Llc
Total Days on Market
4
Current Estimated Value
$291,238

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 17, 2021
Sold by
Melgaard Ventures Llc
Bought by
Schiele Tyrel
Seller's Agent
Mike Pellenwessel
Preferred Partners Real Estate
Buyer's Agent
Jodee Heimdal
Century 21 Morrison Realty
List Price
$269,900
Sold Price
$269,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$202,425
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2014
Closed on
Mar 20, 2015
Sold by
First Avenue Concepts Llc
Bought by
Melgaard Ventures Llc
Seller's Agent
DONNA BERLAND
Century 21 Morrison Realty
Buyer's Agent
WADE WILLIAMSON
NextHome Legendary Properties
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.27%
Original Mortgage
$243,308
Interest Rate
3.73%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Hidden Hills Properties Llc -- None Listed On Document
Schiele Tyrel $269,900 None Available
Melgaard Ventures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiele Tyrel $202,425
Previous Owner Melgaard Ventures Llc $238,504
Previous Owner Melgaard Ventures Llc $243,308
Previous Owner First Avenue Concepts Llc $272,000
Previous Owner First Avenue Concepts Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold -- -- --
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $269,900 -22.9% $180 / Sq Ft
03/20/2015 03/20/15 Sold -- -- --
02/13/2015 02/13/15 Pending -- -- --
08/18/2014 08/18/14 For Sale $349,900 -- $117 / 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 $4,973 $145,500 $22,000 $123,500
2023 $5,262 $144,000 $22,500 $121,500
2022 $4,323 $124,000 $22,500 $101,500
2021 $3,303 $98,500 $22,500 $76,000
2020 $3,456 $104,000 $22,500 $81,500
2019 $3,276 $97,000 $22,500 $74,500
2018 $2,975 $89,000 $22,500 $66,500
2017 $2,698 $87,500 $22,500 $65,000
2016 $2,813 $113,000 $22,500 $90,500
2015 $2,681 $113,000 $0 $0
2014 $2,681 $132,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 211551

Minot Multiple Listing Service

APN: MI-22500-040-002-0