$299,000
SOLD NOV 1, 2024
Last list price
6 Beds
2 Baths
2,584 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

15 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Property is Fully Fenced

About This Home

As of November 2024

Don't miss your chance to snag this beautiful south Fargo duplex! Each unit has 3 bedrooms, 1 bathroom, with in-unit laundry. Dual ovens in upper unit! Additional building in back. Perfect for storage. Investment opportunity, or a great way to cut down mortgage payment. Assumable mortgage for those that qualify! Check this out today before it's gone!

Last Agent to Sell the Property

Eric Parvey

eXp Realty (3240 WF) Listed on: 09/08/2024

eXp Realty (3240 WF)

Last Buyer's Agent

Kelly Kraft

Better Homes and Gardens Real Estate Advantage One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1983

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Bi-Level Home
  • Concrete Fiber Board Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Fargo South High School

Additional Features

  • Laundry in unit
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 01235000400000

Community Details

Overview

  • 2 Units
  • Rheault Subdivision

Building Details

  • Electric Expense $2,390
  • Insurance Expense $2,029
  • Maintenance Expense $1,000
  • Water Sewer Expense $960
  • Operating Expense $6,379
  • Gross Income $36,000
  • Net Operating Income $29,621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,842

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 9322
  • Subdivision Name: Rheault
  • Directions: 32nd Ave S to 18th St S, head north, on left hand side. Use Google Maps.
  • Architectural Style: (MF) Duplex Up and Down
  • Unit Levels: Split Entry (Bi-Level)
  • Year Built: 1983
  • General Property Information:Acres: 0.21
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 3842.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1983
  • General Property Information Lot Dimensions: 9322
  • General Property Information Below Grd Total SqFt: 1292.0
  • General Property Information Total Finished Sqft2: 2584.00
  • General Property Information Style2: (MF) Duplex Up and Down
  • Building Information Finished SqFt Above Ground: 1292
  • Building Information Finished SqFt Below Ground: 1292
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Stories Split Entry (Bi-Level): Yes
  • Unit Details Total Units: 2
  • Exterior:Fiber Board: Yes
  • General Property Information Above Ground SqFt: 1292.0
  • Unit 1 Annual Rent: 19200.0
  • Income and Expenses Annual Electric Expense: 2390.0
  • Income and Expenses Annual Gross Expenses: 6379.0
  • Income and Expenses Annual Insurance Expense: 2029.0
  • Income and Expenses Annual Maintenance Expense: 1000.0
  • Income and Expenses Annual WaterSewer Expense: 960.0
  • Location Tax and Other Information High School3: Fargo South
  • Condo:Laundry in Unit: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: None
  • Total Bedrooms: 6

Exterior Features

  • Fencing: Full
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached Garage
  • Parking Characteristics Detached Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating:Baseboard: Yes

Schools

  • High School: Fargo South

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 01235000400000

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2390.0
  • Annual Gross Income: 36000.0
  • Insurance Expense: 2029.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 29621.0

Tax Info

  • Tax Annual Amount: 3842.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Penley Debra L and Penley Craig W
Bought by
Larocco Dominic La
Current Estimated Value
$337,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,819
Outstanding Balance
$232,792
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$104,946

Purchase Details

Closed on
Feb 3, 2015
Sold by
Penley Debra L and Penley Craig W
Bought by
Penley Debra L and Penley Craig W

Purchase Details

Closed on
Sep 23, 2014
Sold by
Johnson Scott and Johnson Cybil
Bought by
Johnson Steven D and Johnson Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,547
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Peterson Mildred G
Bought by
Konze Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $253,000 Fm Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,819 VA
Previous Owner $197,191 FHA
Previous Owner $46,500 Commercial
Previous Owner $21,547 Purchase Money Mortgage
Previous Owner $124,500 New Conventional
Previous Owner $122,650 New Conventional
Previous Owner $33,500 Stand Alone Second
Previous Owner $32,849 Credit Line Revolving
Previous Owner $79,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
11/01/2024 11/01/24 Sold -- -- --
09/23/2024 09/23/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $299,000 -- $116 / 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 $3,861 $137,000 $25,000 $112,000
2023 $3,842 $137,000 $25,000 $112,000
2022 $3,565 $124,550 $25,000 $99,550
2021 $2,850 $100,050 $29,400 $70,650
2020 $2,815 $100,050 $29,400 $70,650
2019 $2,693 $95,300 $17,450 $77,850
2018 $2,660 $95,300 $17,450 $77,850
2017 $2,339 $90,750 $17,450 $73,300
2016 $2,083 $88,100 $17,450 $70,650
2015 $2,433 $96,500 $11,950 $84,550
2014 $2,163 $83,900 $11,950 $71,950
2013 $2,165 $83,900 $11,950 $71,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6598759

APN: 01-2350-00400-000