NOT LISTED FOR SALE

2500 56th St NW Minot, ND 58703

Estimated Value: $565,000 - $616,000

2.35 Acres
$254,146 Price per Acre
102,366 Sq Ft Lot

Last Sold November 21, 2016

Current estimated payment $3,630/month

About This Lot

As of November 2016

Beautiful lot just minutes outside of Minot City Limits and falls within Minot Public School district! This 2+ acre lot features paved roads, Verendrye Electric, Natural Gas (MDU) and North Prairie Rural Water into each lot. Buyer is responsible for the septic system.

Last Agent to Sell the Property

Morgan Abel

SIGNAL REALTY License #8489 Listed on: 01/18/2016

Last Buyer's Agent

Morgan Abel

SIGNAL REALTY License #8489 Listed on: 01/18/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,410

Lot Details

  • 2.35 Acre Lot
  • Level Lot
  • Property is zoned R1

Utilities

  • Gas Available
  • Rural Water
  • Septic System

Community Details

  • Whitetail Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,410

Lot Details

0

Listing Details

  • Class: LAND
  • Additional Comments 3: NO CONCESSIONS PAID
  • Flooded: No
  • Restrictions: COVENANTS IN ASSOC DOCS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Type: Single Family Lot
  • Disability Access: Paved

Exterior Features

  • Exterior Features: Electric, Gas, Water

Utilities

  • Sewer: Septic
  • Hot Water: Rural, NPRW
  • Electric: Veredrye
  • Gas Company: MDU/Available, Yes

Schools

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

Lot Info

  • Number of Acres: 2.35
  • Zoning: R1
  • Staked: Yes
  • Surveyed: Yes
  • Topography: Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Nov 22, 2016
Sold by
United Community Bank
Bought by
Ready Builders Ii Inc
Seller's Agent
Morgan Abel
SIGNAL REALTY
Buyer's Agent
Morgan Abel
SIGNAL REALTY
List Price
$105,000
Current Estimated Value
$597,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.29%
Original Mortgage
$90,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 18, 2016
Closed on
Nov 21, 2016
Sold by
Ready Builders Ii Inc
Bought by
Folk Joseph M and Folk Patty J
Seller's Agent
Morgan Abel
SIGNAL REALTY
Buyer's Agent
Morgan Abel
SIGNAL REALTY
List Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.47%
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
Ready Builders Ii Inc -- None Available
Folk Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Folk Joseph M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold -- -- --
10/18/2016 10/18/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $105,000 -- --
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 $5,410 $246,500 $54,500 $192,000
2023 $5,943 $248,500 $54,500 $194,000
2022 $5,533 $237,500 $40,000 $197,500
2021 $5,051 $233,000 $40,000 $193,000
2020 $4,792 $225,500 $40,000 $185,500
2019 $4,227 $229,000 $45,000 $184,000
2018 $4,243 $214,000 $45,000 $169,000
2017 $945 $45,000 $45,000 $0
2016 $120 $6,450 $6,450 $0
2015 -- $6,450 $0 $0
2014 -- $5,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Morgan Abel

    Seller's Agent in 2016

    Morgan Abel

    SIGNAL REALTY

    (701) 340-6683

    140 Total Sales

    Morgan Abel
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Map

Source: Minot Multiple Listing Service

MLS Number: 160115

Minot Multiple Listing Service

APN: HA-08141-030-003-0

North Dakota Ward County Minot 58703

2500 56th St NW, Minot, ND

This home is located at 2500 56th St NW, Minot, ND 58703 since 18 January 2016 and is currently estimated at $597,242. 2500 56th St NW is a home located in Ward County with nearby schools including Lewis & Clark Elementary School, Erik Ramstad Middle School, and Magic City Campus High School.

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