NOT LISTED FOR SALE

225 19th St SE Minot, ND 58701

Estimated Value: $424,000 - $511,000

16 Beds
8 Baths
3,001 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 22, 2023

Current estimated payment $3,221/month

101 Days on Market

Highlights

  • Porch
  • Hot Water Heating System
  • Fenced

About This Home

As of September 2023

Congratulations! You have found the investment property you have always wanted! This secured entry, turnkey eight-unit apartment building, nestled on over an acre with mature trees, ample parking, and even a goose or two as neighbors. Each of the eight, two-bedroom units are about 900 square feet, equipped with wall unit air conditioning, full bathrooms, high ceilings, spacious living areas, and kitchens with updated cabinetry, refrigerators, cooking stoves, microwaves, and dishwashers. This building also boasts two coin laundry facilities, recently replaced main sewer line, new water heater, and two boilers. Call for more details.

Last Agent to Sell the Property

Amy Rogers

BROKERS 12, INC. Listed on: 05/19/2023

Last Buyer's Agent

Amy Rogers

BROKERS 12, INC. Listed on: 05/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 1968

Lot Details

  • 1.03 Acre Lot
  • Fenced

Parking

  • Gravel Driveway

Home Design

  • 3,001 Sq Ft Home
  • Split Foyer
  • Concrete Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Additional Features

  • Finished Basement

Community Details

  • 7,488 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,588

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Age: 50+
  • Flooded: Yes-R
  • FILLYEARBUILT: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Number Of Bedrooms: 16
  • Bathrooms: 8
  • Appliances: Microwave, Dishwasher, Refrigerator, Range/Oven
  • Has Basement: Finished
  • Fireplace: No
  • Foreclosure: No
  • Price Per S Q F T: 61.43
  • Sq Ft Above Ground: 3001+
  • Basement Type: Other

Exterior Features

  • Exterior: Fence, Porch
  • Foundation: Concrete
  • Home Warranty: No

Garage/Parking

  • Driveway: Gravel, Concrete
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Wall
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 8

Schools

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

Lot Info

  • Acres: 1.1-2
  • Assessed: 468,000
  • Lot Size: 44,970
  • Number of Acres: 1.03
  • Zoning: R3B

Rental Info

  • Annual Rent Income: 62,100

Tax Info

  • Taxes: 8,588
  • Tax Year: 2022
  • Taxes Exp: 8588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 21, 2023
Sold by
Basic Properties Llc
Bought by
Bickley Marcus C and Bickley Am N
Seller's Agent
Amy Rogers
BROKERS 12, INC.
Buyer's Agent
Amy Rogers
BROKERS 12, INC.
List Price
$475,000
Views
281
Current Estimated Value
$482,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$229,500
Outstanding Balance
$225,913
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$238,627

Purchase Details

Listed on
Jan 1, 2018
Closed on
Oct 31, 2018
Sold by
Ripplinger Thomas W and Ripplinger Virginia L
Bought by
Quist Steve M and Quist Brenda A
Seller's Agent
Greg Aasmundstad
Century 21 Morrison Realty
Buyer's Agent
Dale Lawson
NextHome Legendary Properties
List Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$276,000
Interest Rate
4.6%
Mortgage Type
Commercial
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
Bickley Marcus C $460,000 None Listed On Document
Quist Steve M $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bickley Marcus C $229,500
Previous Owner Quist Steve M $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold -- -- --
08/28/2023 08/28/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $475,000 +18.8% $158 / Sq Ft
10/31/2018 10/31/18 Sold -- -- --
08/29/2018 08/29/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $399,900 -- $133 / 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 $7,980 $233,500 $78,500 $155,000
2023 $7,984 $218,500 $56,000 $162,500
2022 $6,311 $181,000 $56,000 $125,000
2021 $5,667 $169,000 $56,000 $113,000
2020 $5,633 $169,500 $56,000 $113,500
2019 $5,386 $159,500 $56,000 $103,500
2018 $5,331 $159,500 $56,000 $103,500
2017 $6,274 $203,500 $56,000 $147,500
2016 $7,032 $282,500 $67,500 $215,000
2015 $5,866 $282,500 $0 $0
2014 $5,866 $321,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 230763

Minot Multiple Listing Service

APN: MI-19091-000-021-0