NOT LISTED FOR SALE

304 14th Ave SW Minot, ND 58701

Estimated Value: $188,000 - $220,315

3 Beds
3 Baths
1,201 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 30, 2013

Current estimated payment $1,383/month

20 Days on Market

About This Home

As of September 2013

Fantastic investment opportunity on this multi-use building in a desirable location. The upstairs features two one-bedroom apartments with kitchens, full baths and a living room on each side. The basement features office spaces with the west side having two offices and the east side has a large office space that rents for $600 per month. The basement also includes a laundry room accessible to the residential renters. There is a detached garage, fenced yard and the vacant lot to the west is also included in the purchase. The zoning is currently O/Office. Lots of potential for either sustaining the current use or converting to full office.

Last Agent to Sell the Property

Scott Louser

NextHome Legendary Properties Listed on: 08/20/2013

NextHome Legendary Properties

Last Buyer's Agent

Mike Assels

NextHome Legendary Properties

NextHome Legendary Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1956

Lot Details

  • Fenced

Home Design

  • Concrete Foundation

Interior Spaces

  • 1,201 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,426

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1.5
  • Age: 50+
  • Flooded: No
  • FILLYEARBUILT: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Number Of Bedrooms: 3
  • Bathrooms: 3
  • Appliances: Refrigerator, Range/Oven
  • Has Basement: Finished, Full
  • Fireplace: No
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Other

Exterior Features

  • Exterior: Fence
  • Foundation: Concrete
  • Home Warranty: No

Garage/Parking

  • Driveway: Concrete
  • Garage 1: D1
  • Garage 2: None
  • Garage Capacity: 1
  • Heat Exp: 1100

Utilities

  • Air Conditioner: Window
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Electric Expense: 860
  • Water Trash Expense: 1100

Schools

  • School District: Edison
  • School District: Edison

Lot Info

  • Acres: Less
  • Assessed: 208900
  • Lot Size: 12,500

Rental Info

  • Annual Rent Income: 34,200
  • Management Exp: Self

Tax Info

  • Taxes: 3426
  • Tax Year: 2013
  • Taxes Exp: 3426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 1, 2013
Sold by
Port Carol A and Port Rollie A
Bought by
Somerville Devin
Seller's Agent
Scott Louser
NextHome Legendary Properties
Buyer's Agent
Mike Assels
NextHome Legendary Properties
List Price
$225,000
Sold Price
$212,500
Premium/Discount to List
-$12,500
-5.56%
Current Estimated Value
$207,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,171
Avg. Annual Appreciation
-0.05%
Original Mortgage
$158,357
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2011
Sold by
Ward County
Bought by
Port Carol A

Purchase Details

Closed on
Oct 4, 2011
Sold by
Port Carol A
Bought by
Ward County
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
Somerville Devin -- None Available
Port Carol A $5,261 --
Ward County $2,842 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dk Ventures I Llc $91,659
Open Dk Ventures I Llc $146,760
Closed Somerville Devin $158,357
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold -- -- --
09/09/2013 09/09/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $225,000 -- $187 / Sq Ft
Source: Minot Multiple Listing Service

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 $2,861 $93,000 $30,000 $63,000
2023 $2,878 $87,500 $30,000 $57,500
2022 $2,667 $85,000 $30,000 $55,000
2021 $2,384 $79,000 $30,000 $49,000
2020 $2,303 $77,000 $30,000 $47,000
2019 $2,279 $75,000 $31,500 $43,500
2018 $2,437 $81,000 $31,500 $49,500
2017 $2,580 $93,000 $37,500 $55,500
2016 $2,614 $105,000 $37,500 $67,500
2015 $2,363 $105,000 $0 $0
2014 $2,363 $102,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 132295

Minot Multiple Listing Service

APN: MI-26399-000-045-0