NOT LISTED FOR SALE

Estimated Value: $434,000 - $483,000

-- Bed
1 Bath
6,494 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 18, 2023

Current estimated payment $3,304/month

36 Days on Market

Highlights

  • Window Unit Cooling System
  • North High School Rated A-
  • Hot Water Heating System

About This Home

As of August 2023

Great investment opportunity! This property includes 7 units and is located across the street from McKinley Elementary School in North Fargo. Four units are 2bed/1 bath, and three are 1 bed/1 bath. Well kept, fully rented and ready for new owners! Photos are of a 2 bed and 1 bed unit for reference. Inquire with listing agent for more information.

Last Agent to Sell the Property

Kyle Reedstrom

REAL (3961 WF) Listed on: 06/14/2023

Last Buyer's Agent

Kyle Reedstrom

REAL (3961 WF) Listed on: 06/14/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,760

Year Built

  • Built in 1959

Lot Details

  • 10,601 Sq Ft Lot
  • Lot Dimensions are 95x114x85x114

Home Design

  • 6,494 Sq Ft Home
  • Brick Exterior Construction

Schools

  • Fargo North High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • Lawrence Yunker Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01418100840000
  • $17,915 per year additional tax assessments

Property Details

Property Type

Other

Est. Annual Taxes

$5,760

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.24
  • Lot Size: 95x114x85x114
  • Subdivision Name: Lawrence Yunker
  • Year Built: 1959
  • Air Conditioning:Window: Yes
  • General Property Information Lot Size SqFt2: 10601.0
  • Location Tax and Other Information Tax Year2: 2022
  • Location Tax and Other Information Tax Amount: 5760.17
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1959
  • General Property Information Lot Dimensions: 95x114x85x114
  • Exterior BrickStone: Yes
  • Ownership Fractional Ownership3: No
  • Building Information Building Finished SqFt: 6494
  • Building Information Building SqFt: 6494.0
  • General Property Information High School2: Fargo North
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Gas Water Heater
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exclusions: None

Utilities

  • Cooling: Window
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Schools

  • High School: Fargo North

Lot Info

  • Lot Size Sq Ft: 10601.0
  • Parcel #: 01418100840000

Tax Info

  • Tax Other Annual Assessment Amount: 17915.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 15, 2023
Sold by
Daybreak Properties Llc
Bought by
2907 8Th St N Family Trust and Hyland
Seller's Agent
Kyle Reedstrom
REAL (3961 WF)
Buyer's Agent
Kyle Reedstrom
REAL (3961 WF)
List Price
$430,000
Current Estimated Value
$467,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Fargomoorhead Properties Llc
Bought by
Desai Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2022
Sold by
Michael Vipond
Bought by
Fargomoorhead Properties Llc and Desai Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Saberi Reza and Saberi Akiko
Bought by
Vipond Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2016
Sold by
Scraper Douglas D and Scraper Mary K
Bought by
Vipond Michael
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
2907 8Th St N Family Trust $430,000 Fm Title
Desai Holdings Llc $78,500 Fm Title
Fargomoorhead Properties Llc $600,000 Fm Title
Vipond Michael $189,100 Northern Title Co
Vipond Michael $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Holdings Llc $314,000
Previous Owner Fargomoorhead Properties Llc $450,000
Previous Owner Vipond Michael $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Off Market -- -- --
05/29/2025 05/29/25 Off Market -- -- --
08/18/2023 08/18/23 Sold -- -- --
07/21/2023 07/21/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $430,000 -- $66 / 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 $8,657 $219,700 $18,500 $201,200
2023 $8,622 $219,700 $18,500 $201,200
2022 $7,876 $191,050 $18,500 $172,550
2021 $7,257 $173,700 $18,500 $155,200
2020 $6,782 $167,000 $18,500 $148,500
2019 $5,129 $167,000 $13,500 $153,500
2018 $5,065 $167,000 $13,500 $153,500
2017 $4,547 $148,500 $13,500 $135,000
2016 $4,430 $148,500 $10,500 $138,000
2015 $4,495 $141,450 $10,500 $130,950
2014 $4,072 $123,000 $10,500 $112,500
2013 $3,053 $93,150 $10,500 $82,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7361012

APN: 01-4181-00840-000