NOT LISTED FOR SALE

3801 Crossing St SW Unit 1 Minot, ND 58701

Estimated Value: $1,199,000 - $6,822,320

24 Beds
24 Baths
3,001 Sq Ft
$1,336/Sq Ft Est. Value

Last Sold September 01, 2022

Current estimated payment $29,322/month

About This Home

As of September 2022

60 units available--5 12-plexes. Each apartment has 2 bedrooms, 1.75 bathrooms, laundry closet complete with washer and dryer and open concept living room, dining area, and kitchen with island. Sliding doors lead to patio or balcony and small storage area for each unit. Finishes on the inside and outside are sure to please owners and tenants. Building has sprinkler and alarm system, concrete parking lot, all electric so tenant pays utilities except the water/sewer/trash. 7 acre complex will eventually have 11 12-plexes, garages and a clubhouse. Common areas (garages, clubhouse, green space, and parking lots will be maintained through HOA). . 5 buildings done, 6 pads available with infrastructure already in place. Great opportunity for investors to buy one or all 5 buildings. Located next door to future site of Trinity Healthcare Complex which will be great source of renters. Close to the YMCA, Mall, and other amenities.

Last Agent to Sell the Property

Carrie Montoya

Better Homes and Gardens Real Estate Watne Group License #6708 Listed on: 01/21/2020

Better Homes and Gardens Real Estate Watne Group

Last Buyer's Agent

Lynne Reisenauer

KW Inspire Realty

KW Inspire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $97,704

Year Built

  • Built in 2014

Lot Details

  • 7.01

Home Design

  • 3,001 Sq Ft Home
  • Concrete Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Bathrooms

Parking

  • 47 Car Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Rural Water

Community Details

  • 12 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$97,704

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Other
  • Age: 1-5
  • Planned Development: SW Crossing
  • Flooded: No
  • FILLYEARBUILT: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Interior Features

  • Number Of Bedrooms: 24
  • Bathrooms: 24
  • Appliances: Microwave, Dishwasher, Refrigerator, Range/Oven, Other/See Remarks
  • Sq Ft Above Ground: 3001+
  • Basement Type: Other

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage 1: D1
  • Garage 2: None
  • Garage Capacity: 47

Utilities

  • Air Conditioner: Wall
  • Heating: Electric
  • Sewer: City
  • Hot Water: City, Rural

Condo/Co-op/Association

  • Units in Building: 12

Schools

  • School District: South Prairie
  • School District: South Prairie

Lot Info

  • Acres: Less

Tax Info

  • Taxes: 000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Sep 1, 2022
Sold by
Southwest Crossing Partners Llc
Bought by
Noc 1700 Llc
Seller's Agent
Carrie Montoya
Better Homes and Gardens Real Estate Watne Group
Buyer's Agent
Lynne Reisenauer
KW Inspire Realty
List Price
$1,500,000
Current Estimated Value
$4,010,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.59%
Original Mortgage
$3,100,000
Outstanding Balance
$2,976,803
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$923,251
Source: Public Records

Range of Values:

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Average Value
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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
Noc 1700 Llc $6,550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noc 1700 Llc $3,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold -- -- --
01/21/2020 01/21/20 For Sale $1,500,000 -- $500 / 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 $97,704 $2,702,500 $610,500 $2,092,000
2023 $99,294 $2,708,000 $610,500 $2,097,500
2022 $88,668 $2,552,500 $610,500 $1,942,000
2021 $89,658 $2,444,000 $610,500 $1,833,500
2020 $88,707 $2,414,000 $610,500 $1,803,500
2019 $86,247 $2,254,000 $610,500 $1,643,500
2018 $85,132 $2,254,000 $610,500 $1,643,500
2017 $76,974 $2,310,000 $610,500 $1,699,500
2016 $85,797 $3,091,000 $610,500 $2,480,500
2015 -- $3,091,000 $0 $0
2014 -- $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 200178

Minot Multiple Listing Service

APN: MI-03C87-010-002-0