NOT LISTED FOR SALE

2908 Edgewater Loop SE Mandan, ND 58554

Estimated Value: $2,085,236

2 Beds
1 Bath
1,150 Sq Ft
$1,813/Sq Ft Est. Value

Last Sold September 15, 2012

Current estimated payment $12,035/month

154 Days on Market

About This Home

As of September 2012

This 8plex includes 2 bed/ 2 bath units ...with 2 stall GARAGES included. Built in 2011. (The listing represents a per unit sq ft. & beds/baths). Secured building with intercom systems. The 4 top units included vaulted ceilings and maintenance free decks. The 4 bottom units are ground units-No basement, slab on grade. This is a great investment property as it is mostly maintenance free: Grass, snow, ext. insurance, and water is covered by the association. Call TODAY for more information. Fully occupied. (7.2% Yearly Cap Rate)

Last Agent to Sell the Property

PATRICK KOSKI

TRADEMARK REALTY Brokerage Phone: 701-223-3030 Listed on: 03/14/2012

Last Buyer's Agent

PATRICK KOSKI

TRADEMARK REALTY Brokerage Phone: 701-223-3030 Listed on: 03/14/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 2011

Lot Details

  • 3,515

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • 1,150 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3,515 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 656104620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,384

Year Built

Built in 2011

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Architectural Style: Apartment Style
  • Attribution Contact: 701-223-3030
  • Directions: MecKenzie Exit off of 1-94 -Mandan. West on McKenzie, South on 40th Building will be on the West side of the St. (Lakewood Area)
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 2011
  • Above Grade Finished Sq Ft: 1150.0
  • Fireplace: No
  • Garage Yn: Yes
  • Appliances Disposal: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Acres: 0.08
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage Door Opener
  • Attached Garage: No
  • General Property Information:Garage: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric3: Yes

Association/Amenities

  • AssociationFeeIncludesAssociationFee: 125.0
  • AssociationFeeIncludesAssociationFeeFrequency: Monthly
  • General Property Information:Association: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Dimensions: .08
  • Lot Size Sq Ft: 3515.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 656104620
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5384.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
Sep 27, 2012
Sold by
Mitzel Contractors Inc
Bought by
Hoherz Investments Management Co Llc
Seller's Agent
PATRICK KOSKI
TRADEMARK REALTY
Buyer's Agent
PATRICK KOSKI
TRADEMARK REALTY
List Price
$950,000
Sold Price
$950,000
Total Days on Market
154
Current Estimated Value
$2,085,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,236
Avg. Annual Appreciation
6.47%
Original Mortgage
$712,500
Outstanding Balance
$145,272
Interest Rate
2.84%
Mortgage Type
Commercial
Estimated Equity
$1,962,954
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
Hoherz Investments Management Co Llc -- Bismarck Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoherz Investments Management Co Llc $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2012 09/15/12 Sold -- -- --
08/15/2012 08/15/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $950,000 -- $826 / Sq Ft
Source: Bismarck Mandan Board 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 $2,443 $93,500 $0 $0
2023 $14,777 $501,850 $0 $0
2022 $13,711 $394,100 $0 $0
2021 $13,099 $385,900 $0 $0
2020 $13,226 $652,200 $0 $0
2019 $17,409 $529,100 $0 $0
2018 $16,285 $516,000 $60,000 $456,000
2017 $20,107 $669,700 $35,150 $634,550
2016 $18,014 $620,550 $35,150 $585,400
2015 $15,719 $494,750 $35,150 $459,600
2014 -- $162,950 $29,400 $133,550
2013 $8,966 $162,950 $24,450 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 3316720

APN: 65-6104620