Estimated Value: $3,542,783 - $4,373,000
--
Bed
--
Bath
31,360
Sq Ft
$127/Sq Ft
Est. Value
About This Home
This home is located at 401 40th Ave SW, Minot, ND 58701 and is currently estimated at $3,968,594, approximately $126 per square foot. 401 40th Ave SW is a home with nearby schools including South Prairie Elementary School and South Prairie High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2025
Sold by
Timber Minot Properties Lp
Bought by
Braaten Rentals Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,056,250
Outstanding Balance
$2,882,589
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$1,086,005
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Braaten Rentals Llc | $4,075,000 | 701 Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Braaten Rentals Llc | $3,056,250 |
Source: Public Records
Tax History Compared to Growth
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 | $73,251 | $2,100,500 | $1,024,000 | $1,076,500 |
| 2023 | $74,324 | $2,027,000 | $1,024,000 | $1,003,000 |
| 2022 | $67,582 | $1,945,500 | $1,024,000 | $921,500 |
| 2021 | $73,572 | $2,005,500 | $1,024,000 | $981,500 |
| 2020 | $76,011 | $2,068,500 | $1,024,000 | $1,044,500 |
| 2019 | $78,441 | $2,050,000 | $1,024,000 | $1,026,000 |
| 2018 | $77,427 | $2,050,000 | $1,024,000 | $1,026,000 |
| 2017 | $70,426 | $2,113,500 | $1,024,000 | $1,089,500 |
| 2016 | $61,482 | $2,215,000 | $1,024,000 | $1,191,000 |
| 2015 | -- | $2,215,000 | $0 | $0 |
Source: Public Records
Map
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