NOT LISTED FOR SALE

27 Main St E Mayville, ND 58257

Estimated Value: $242,297

9 Beds
5 Baths
4,324 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 31, 2022

Current estimated payment $1,721/month

183 Days on Market

About This Home

As of October 2022

Attention investors! Don't miss out on this property! One unit has been beautifully updated with another started on! Currently fully rented. 1 large 4 bedroom with 2- 3/4 bathrooms and updated kitchen. 2 units with 2 bedrooms 1 bath. And a 1 bed 3/4 bath. Profitable!

Last Agent to Sell the Property

Kevin Elliott

Valley Land Investments License #10014 Listed on: 04/29/2022

Last Buyer's Agent

Cassie Braaten

Valley Land Investments License #8702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1903

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 31.83x130

Interior Spaces

  • 4,324 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 27000206888000

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $200
  • Water Sewer Expense $225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,719

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Lot Size: 31.83x130
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1903
  • Expenses Electricity: $200 month
  • Expenses Tax And Specials Exp: $1904.73
  • Income Scheduled Rent: $2800
  • Miscellaneous Laundry: Coin Operated
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 4324.0
  • Architectural Style: 1 Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 9

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Utilities

  • Heating: EBB
  • Heating Yn: Yes

Lot Info

  • Parcel #: 27000206888000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 4137.9
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1718.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Enger Properties Llc
Bought by
Main Street Rentals Llc
Current Estimated Value
$242,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$57,661
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Main Street Rentals Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main Street Rentals Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Off Market -- -- --
10/31/2022 10/31/22 Sold -- -- --
10/31/2022 10/31/22 Off Market -- -- --
06/15/2022 06/15/22 Price Changed $250,000 -5.7% $58 / Sq Ft
04/30/2022 04/30/22 For Sale $265,000 -- $61 / Sq Ft
Source: Grand Forks 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
2025 $5,408 $137,900 $4,200 $133,700
2024 $5,408 $137,900 $4,200 $133,700
2023 $3,332 $83,400 $4,200 $79,200
2022 $1,910 $50,500 $4,200 $46,300
2021 $1,905 $48,750 $4,200 $44,550
2020 $2,430 $60,600 $4,200 $56,400
2019 $2,513 $60,600 $4,200 $56,400
2018 $2,287 $60,600 $4,200 $56,400
2017 $2,465 $60,600 $0 $0
2016 $171 $0 $0 $0
2015 $171 $0 $0 $0
2014 $171 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 22-616

Grand Forks Area Association of REALTORS®

APN: 27000206888000