$795,000
SOLD AUG 15, 2024
Last list price
-- Bed
-- Bath
13,109 Sq Ft
0.58 Acres

Recently Sold

$61 Per Sq Ft

263 Days on Market

Highlights

  • 0.58 Acre Lot
  • North High School Rated A-
  • Forced Air Heating System

About This Home

As of August 2024

This 1952 built warehouse/office building, prominently located on the corner of Main Ave and 25th Street boasts an excellent income-generating potential with multiple tenants and a surplus of warehouse and storage space. Excellent potential for further rental expansion or customization to suit various business needs.

Last Agent to Sell the Property

Jason Harmon

KW Inspire Realty Keller Williams Listed on: 11/03/2023

KW Inspire Realty Keller Williams

Co-Listed By

Lee Roggenkamp

KW Inspire Realty Keller Williams

KW Inspire Realty Keller Williams

Last Buyer's Agent

Lee Roggenkamp

KW Inspire Realty Keller Williams

KW Inspire Realty Keller Williams

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,522

Year Built

  • Built in 1952

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 174 x 133
  • Property is zoned Business/Commercial

Parking

  • 1 Car Garage
  • Parking Lot

Home Design

  • 13,109 Sq Ft Home
  • Mixed Use
  • Slab Foundation
  • Metal Roof
  • Steel Siding

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 01350801191000

Property Details

Property Type

Other

Est. Annual Taxes

$8,522

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.58
  • Lot Size: 174 x 133
  • Co List Office Mls Id: 252270
  • Co List Office Phone: 701-356-5000
  • Inclusions: Building, Land, Leases
  • Year Built: 1952
  • General Property Information:Acres: 0.58
  • Exterior:Steel Siding: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: None
  • Has Basement: Slab
  • Basement:Slab: Yes

Exterior Features

  • Exclusions: None
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Parking Lot

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Utilities: Heating Common
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Current Use: Office
  • Lot Size Sq Ft: 25264.8
  • Parcel #: 01350801191000
  • Zoning: Business/Commercial

Tax Info

  • Tax Annual Amount: 8521.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Aug 15, 2024
Sold by
Aalton Real Estate Llc
Bought by
2425 Holdings Llc
Seller's Agent
Jason Harmon
KW Inspire Realty Keller Williams
Buyer's Agent
Lee Roggenkamp
KW Inspire Realty Keller Williams
List Price
$850,000
Sold Price
$725,000
Premium/Discount to List
-$125,000
-14.71%
Views
16
Current Estimated Value
$737,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,493
Avg. Annual Appreciation
1.98%
Original Mortgage
$550,000
Outstanding Balance
$541,328
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$196,165

Purchase Details

Closed on
Dec 9, 2022
Sold by
Kingsley Mark and Kingsley Jane
Bought by
Aalton Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
7.08%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $725,000 Regency Title
Warranty Deed $725,000 The Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Closed $65,818 New Conventional
Previous Owner $499,000 New Conventional
Previous Owner $85,895 Commercial
Previous Owner $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
08/15/2024 08/15/24 Sold -- -- --
07/24/2024 07/24/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $795,000 -6.5% $61 / Sq Ft
11/03/2023 11/03/23 For Sale $850,000 -- $65 / Sq Ft
Source: Fargo-Moorhead Area Association 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 $11,040 $341,700 $50,500 $291,200
2023 $9,928 $327,850 $50,500 $277,350
2022 $9,323 $282,650 $50,500 $232,150
2021 $9,167 $282,650 $50,500 $232,150
2020 $8,172 $252,350 $50,500 $201,850
2019 $7,634 $233,650 $50,500 $183,150
2018 $7,544 $233,650 $50,500 $183,150
2017 $7,277 $226,850 $44,000 $182,850
2016 $6,653 $226,850 $44,000 $182,850
2015 $6,222 $197,250 $44,000 $153,250
2014 $5,627 $171,500 $44,000 $127,500
2013 $5,014 $166,500 $44,000 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7360818

APN: 01-3508-01191-000