NOT LISTED FOR SALE

2400 4th St NW Unit SEVERAL PROPERTIES Minot, ND 58703

Estimated Value: $218,000 - $293,000

244 Beds
121 Baths
3,001 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 01, 2018

Current estimated payment $1,796/month

162 Days on Market

About This Home

As of October 2018

Unique opportunity to own 121 units spread out in 20 buildings, in 6 different locations plus there is a single-family lot!! PRICED TO SELL! Units range in bedroom size from 1-4. Some units are currently leased out and some units need a little TLC. Motivated seller will look at any offers. 12th St NW, 3rd St NE, & 1738 Burdick Expressway have low income housing tax credits.

Last Agent to Sell the Property

Jeff Stremick

SIGNAL REALTY License #8233 Listed on: 03/13/2018

Last Buyer's Agent

Brad Beeter

Preferred Partners Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,580

Lot Details

  • 0.51

Home Design

  • 3,001 Sq Ft Home

Bedrooms and Bathrooms

  • 244 Bedrooms
  • 121 Bathrooms

Community Details

  • 121 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,580

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Other
  • Additional Comments: 121 SOLD
  • Additional Comments 3: NO CONCESSIONS APID
  • Age: 50+
  • Flooded: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 244
  • Bathrooms: 121
  • Sq Ft Above Ground: 3001+
  • Basement Type: Other

Garage/Parking

  • Garage 1: None
  • Garage 2: None

Utilities

  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 121

Lot Info

  • Acres: Less

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2018
Sold by
Black Ledge Investments Llp
Bought by
Folden Properties Llp
Current Estimated Value
$256,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,333
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 13, 2018
Closed on
Oct 1, 2018
Sold by
Neighborhood Development Enterprises Inc
Bought by
Black Ledge Investments Llp
Seller's Agent
Jeff Stremick
SIGNAL REALTY
Buyer's Agent
Brad Beeter
Preferred Partners Real Estate
List Price
$2,662,000
Sold Price
$1,788,000
Premium/Discount to List
-$874,000
-32.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.96%
Original Mortgage
$408,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Folden Properties Llp $660,000 None Available
Black Ledge Investments Llp $17,880,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Folden Properties Llc $228,000
Closed Folden Properties Llp $152,333
Previous Owner Black Ledge Investments Llp $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold -- -- --
08/22/2018 08/22/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $2,662,000 -- $887 / 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 $4,580 $134,000 $44,500 $89,500
2023 $4,823 $132,000 $44,500 $87,500
2022 $4,393 $126,000 $44,500 $81,500
2021 $4,225 $126,000 $44,500 $81,500
2020 $4,088 $123,000 $44,500 $78,500
2019 $3,884 $115,000 $44,500 $70,500
2018 $2,111 $115,000 $44,500 $70,500
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 $1,121 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Stremick

    SIGNAL REALTY

    Section Image

  • B

    Buyer's Agent in 2018

    Brad Beeter

    Preferred Partners Real Estate

    (701) 833-1758

    116 Total Sales

    Brad Beeter
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 180553

Minot Multiple Listing Service

APN: MI-11A98-000-010-0

North Dakota Ward County Minot 58703

2400 4th St NW Unit SEVERAL PROPERTIES, Minot, ND

This home is located at 2400 4th St NW Unit SEVERAL PROPERTIES, Minot, ND 58703 since 13 March 2018 and is currently estimated at $256,000, approximately $85 per square foot. 2400 4th St NW Unit SEVERAL PROPERTIES is a home located in Ward County with nearby schools including Lewis & Clark Elementary School, Erik Ramstad Middle School, and Central Campus School.

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