$795,000
SOLD NOV 15, 2024
Last list price
-- Bed
-- Bath
11,409 Sq Ft
0.36 Acres

Recently Sold

$70 Per Sq Ft

49 Days on Market

Highlights

  • Window Unit Cooling System
  • Boiler Heating System
  • 3-minute walk to Island Park
  • Clara Barton Elementary School Rated A-

About This Home

As of November 2024

LOCATION, LOCATION, LOCATION! This charming property is nestled between two very nice apartment buildings and is just one block from Island Park, commonly referred to as the most beautiful area in all of Fargo. With the new Island Park Pool being completed in 2025, it will bring even more vibrancy to the location. The property itself boasts 11 1-bedroom and 2 2-bedroom units, all uniquely designed giving the property a ton of character. With its great rental history, fantastic location, and endless upside potential, this is an investors dream priced at just 61k/unit. Call your favorite Realtor and line up a showing today!

Last Agent to Sell the Property

Jason Harmon

KW Inspire Realty Keller Williams Listed on: 09/04/2024

KW Inspire Realty Keller Williams

Co-Listed By

Lee Roggenkamp

KW Inspire Realty Keller Williams

Last Buyer's Agent

Jason Harmon

KW Inspire Realty Keller Williams Listed on: 09/04/2024

KW Inspire Realty Keller Williams

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,743

Year Built

  • Built in 1946

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 90x160

Home Design

  • 11,409 Sq Ft Home
  • Aluminum Siding

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Separate Meters

Community Details

  • 13 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 01224003500000

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,743

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.36
  • Lot Size: 90X160
  • Co List Office Mls Id: 252270
  • Co List Office Phone: 701-356-5000
  • Inclusions: Building
  • Subdivision Name: Original Townsite
  • Year Built: 1946
  • Air Conditioning:Window Unit(s): Yes
  • General Property Information Zoning3: Residential-Multi-Family
  • General Property Information:Acres: 0.36
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 8252.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1946
  • General Property Information Lot Dimensions: 90X160
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Building Information Building Finished SqFt: 11409
  • Building Information Building SqFt: 11409.0
  • Unit Details Total Units: 13
  • On Site Utilities Electric Separate2: Yes
  • Exterior:Aluminum Siding: Yes
  • CMU Style ApartmentsMulti Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Boiler
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Boiler: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 01224003500000
  • Zoning: Residential-Multi-Family

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 8743.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 15, 2024
Sold by
Albrecht John P
Bought by
Hillbrook Llc
Seller's Agent
Jason Harmon
KW Inspire Realty Keller Williams
Buyer's Agent
Jason Harmon
KW Inspire Realty Keller Williams
List Price
$795,000
Views
22
Current Estimated Value
$732,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$580,000
Outstanding Balance
$538,138
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$204,617
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 Type Sale Price Title Company
Warranty Deed -- The Title Company
Warranty Deed -- The Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Closed $580,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
11/15/2024 11/15/24 Sold -- -- --
10/23/2024 10/23/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $795,000 -- $70 / 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 $8,786 $278,200 $25,000 $253,200
2023 $8,742 $278,200 $25,000 $253,200
2022 $7,784 $241,900 $25,000 $216,900
2021 $7,311 $230,400 $25,000 $205,400
2020 $7,102 $219,450 $25,000 $194,450
2019 $6,418 $219,450 $18,000 $201,450
2018 $6,333 $219,450 $18,000 $201,450
2017 $6,024 $211,000 $18,000 $193,000
2016 $5,524 $211,000 $21,500 $189,500
2015 $4,640 $166,150 $21,500 $144,650
2014 $4,758 $166,150 $21,500 $144,650
2013 $4,669 $162,900 $21,500 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6596308

APN: 01-2240-03500-000