NOT LISTED FOR SALE

2521 2nd Ave SW Minot, ND 58701

Estimated Value: $154,000 - $189,000

4 Beds
2 Baths
1,201 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 31, 2022

Current estimated payment $1,144/month

Highlights

  • Shed
  • Forced Air Heating System
  • Washer and Dryer
  • 1-Story Property

About This Home

As of March 2022

ATTENTION INVESTORS! When an investment opportunity knocks, now is the time to answer. You won't want to miss out on this desirable single level side by side duplex with easy access to Marketplace Foods, Leach Park, and the 83 Bypass. Each unit features 2 nice sized bedrooms, 1 full bathroom with tiled shower surround, and an open concept kitchen, dining area, and living room. There are many updates throughout this duplex. As an added bonus, each unit has its own washer and dryer hook-ups. The yard space on this duplex is ideal for tenants to utilize- the lot is 80' x 187'. Unit 2521 currently rents for $550/month and Unit 2523 currently rents for $550/month. Call today to set up a showing and add this great property to your investment portfolio!

Last Agent to Sell the Property

Angela Simonson

BROKERS 12, INC. Listed on: 03/11/2022

Last Buyer's Agent

DeLynn Weishaar

BROKERS 12, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80' x 187'

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 1,344 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number MI22.057.080.0090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,354

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1
  • Age: 50+
  • Flooded: Yes-R
  • FILLYEARBUILT: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Number Of Bedrooms: 4
  • Bathrooms: 2
  • Appliances: Refrigerator, Range/Oven, Washer and Dryer
  • Has Basement: Crawl
  • Fireplace: No
  • Foreclosure: No
  • Price Per S Q F T: 104.17
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Duplex

Exterior Features

  • Exterior: Shed
  • Foundation: Concrete

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 2

Schools

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

Lot Info

  • Acres: Less
  • Lot Size: 80' x 187'
  • Number of Acres: 0.34
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $13,200

Tax Info

  • Assessor Parcel Number: MI22.057.080.0090
  • Taxes: 2,353.80
  • Tax Year: 2021
  • Taxes Exp: $2,353.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 31, 2022
Sold by
Thuner Gary F and Thuner Steve R
Bought by
Five And Two Ventures Llc
Seller's Agent
Angela Simonson
BROKERS 12, INC.
Buyer's Agent
DeLynn Weishaar
BROKERS 12, INC.
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Total Days on Market
0
Current Estimated Value
$177,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,197
Avg. Annual Appreciation
6.66%
Original Mortgage
$112,000
Outstanding Balance
$100,146
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$71,578

Purchase Details

Closed on
Sep 12, 2006
Sold by
Preskey Ronald M and Preskey Evelyn D
Bought by
Thuner Gary F and Thuner Steve R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Five And Two Ventures Llc -- None Listed On Document
Thuner Gary F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Five And Two Ventures Llc $112,000
Previous Owner Thuner Gary F $62,790
Previous Owner Wattrud Kevin T $116,000
Previous Owner Thuner Gary F $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold -- -- --
03/11/2022 03/11/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $159,900 -- $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 $2,442 $74,000 $30,500 $43,500
2023 $2,351 $71,500 $30,500 $41,000
2022 $2,542 $81,000 $22,500 $58,500
2021 $2,354 $78,000 $22,500 $55,500
2020 $2,273 $76,000 $22,500 $53,500
2019 $2,310 $76,000 $22,500 $53,500
2018 $2,467 $82,000 $22,500 $59,500
2017 $2,317 $83,500 $25,000 $58,500
2016 $1,960 $87,500 $25,000 $62,500
2015 $1,467 $87,500 $0 $0
2014 $1,467 $83,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 220467

Minot Multiple Listing Service

APN: MI-22057-080-009-0