NOT LISTED FOR SALE

2529 2nd Ave SW Minot, ND 58701

Estimated Value: $247,000 - $309,357

8 Beds
4 Baths
3,001 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 07, 2021

Current estimated payment $1,963/month

1 Day on Market

Highlights

  • Washer and Dryer
  • Heating Available
  • 5-minute walk to Leach Park

About This Home

As of June 2021

One Owner 2012 Quality Built 4 plex on a large 80x187 R3B zoned lot that is big enough to accommodate up to 5 garages. 5 electrical wires were stubbed out for the addition of garages. The property is equipped with a fire sprinkler system. The structural design of the building provides for 2 ground level units and 2 upper level units that are all accessible through a secured hall entry. The units are large and efficiently designed for comfortably sized bedrooms and spacious living areas. The living areas have durable vinyl plank style flooring and carpeted bedrooms. Each unit is equipped with its own stackable washer and dryer. The kitchens include wood tone cabinets and a nice appliance package. Wall units are a source of both cooling and heating. Provision was made at the time of construction for individual water metering, if desired. Floor plans, brochures, model numbers of appliances, cabinet layouts, colors, etc. have been retained by the owner and will be available to the buyer upon purchase. This is a great property!!

Last Agent to Sell the Property

DeLynn Weishaar

BROKERS 12, INC. Listed on: 04/22/2021

Last Buyer's Agent

Jonathon Lakoduk

KW Inspire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 2012

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80x187
  • Sprinkler System

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Concrete Foundation

Interior Spaces

  • 3,001 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 3,422 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number MI22.057.080.0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • Age: 6-10
  • Flooded: No
  • FILLYEARBUILT: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2012

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven, Washer and Dryer
  • Fireplace: No
  • Foreclosure: No
  • Price Per S Q F T: 70.86
  • Sq Ft Above Ground: 3001+
  • Basement Type: Fourplex

Exterior Features

  • Exterior: Sprinkler
  • Foundation: Concrete

Garage/Parking

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

Utilities

  • Air Conditioner: Wall, Other/See Remarks
  • Heating: Electric
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 4

Schools

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

Lot Info

  • Acres: Less
  • Lot Size: 80x187
  • Number of Acres: 0.34
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $34,080

Tax Info

  • Assessor Parcel Number: MI22.057.080.0110
  • Taxes: 4,253.70
  • Tax Year: 2020
  • Taxes Exp: $4,253.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 7, 2021
Sold by
Monroe Charles C
Bought by
Invest N West Llc
Seller's Agent
DeLynn Weishaar
BROKERS 12, INC.
Buyer's Agent
Jonathon Lakoduk
KW Inspire Realty
List Price
$235,000
Sold Price
$242,500
Premium/Discount to List
$7,500
3.19%
Total Days on Market
1
Current Estimated Value
$281,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,339
Avg. Annual Appreciation
4.20%
Original Mortgage
$181,875
Outstanding Balance
$166,802
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,870

Purchase Details

Closed on
Jul 3, 2007
Sold by
Vormestrand Denise L
Bought by
Vormestrand Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2006
Sold by
Preskey Ronald M and Preskey Evelyn D
Bought by
Miller Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.33%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Minot, ND

  • 501 10th Ave SE, Minot, ND 58701

    $230,000

    • 6 Beds
    • 3 Baths
    • 1,501 Sq Ft
    • 501 10th Ave SE
    • Minot, ND

    Seize the opportunity to own this well-maintained triplex, perfect for investors looking to expand their rental portfolio or for owner-occupants seeking additional income. This property features three distinct units, each offering comfortable living spaces. Main Floor Unit: Three bedrooms, one bathroom, a spacious kitchen and dining area, a generous living room, plus a versatile bonus

    Alexa vonGoltz Realty ONE Group Magnum

    Section Image
  • 2 University Ave W, Minot, ND 58703

    $219,900

    • 6 Beds
    • 6 Baths
    • 2,001 Sq Ft
    • 2 University Ave W
    • Minot, ND

    Your real estate portfolio has been looking mighty lonely as of late. This historic beauty will make a fine addition! Situated on an oversized lot, Lakeview Apartments is a six unit building with an attached four-car garage, green space, and ample parking. Each apartment features one bedroom, one bathroom, character rich wood trim, original doors, and cozy features while still allowing for the

    Amy Rogers BROKERS 12, INC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Invest N West Llc -- None Available
Monroe Charles C $242,500 None Available
Vormestrand Properties Llc -- None Available
Vormestrand Denise L -- None Available
Vormestrand Properties Llc -- None Available
Miller Gerald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Charles C $181,875
Previous Owner Briden Properties Llc $148,000
Previous Owner Vormestrand Denise L $58,400
Previous Owner Miller Gerald L $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold -- -- --
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $235,000 -- $78 / 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 $5,600 $159,000 $27,000 $132,000
2023 $5,719 $156,500 $25,000 $131,500
2022 $4,689 $134,500 $25,000 $109,500
2021 $4,074 $121,500 $25,000 $96,500
2020 $4,254 $128,000 $25,000 $103,000
2019 $4,052 $120,000 $25,000 $95,000
2018 $3,677 $110,000 $25,000 $85,000
2017 $3,468 $112,500 $25,000 $87,500
2016 $3,659 $147,000 $25,000 $122,000
2015 $1,533 $147,000 $0 $0
2014 $1,533 $179,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Minot Multiple Listing Service

MLS Number: 210764

Minot Multiple Listing Service

APN: MI-22057-080-011-0