NOT LISTED FOR SALE

401 40th Ave SW Minot, ND 58701

Estimated Value: $1,099,000 - $3,963,678

-- Bed
-- Bath
31,360 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 401 40th Ave SW, Minot, ND 58701 and is currently estimated at $2,531,339, approximately $80 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
$2,531,339

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
$3,056,250
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$400,648
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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
Previous Owner Timber Minot Properties Lp $2,460,000
Source: Public Records

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 $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

North Dakota Ward County Minot 58701

401 40th Ave SW, Minot, ND

This home is located at 401 40th Ave SW, Minot, ND 58701 and is currently estimated at $2,531,339, approximately $80 per square foot. 401 40th Ave SW is a home with nearby schools including South Prairie Elementary School and South Prairie High School.

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