NOT LISTED FOR SALE

406 2nd Ave NE Mandan, ND 58554

Estimated Value: $204,000 - $227,054

3 Beds
1 Bath
1,187 Sq Ft
$181/Sq Ft Est. Value

About This Home

If you're looking for a cozy 3-Bedroom home with rental history & new roof - A great opportunity awaits!Whether you're looking for a cozy home of your own or a smart addition to your investment portfolio, this well-maintained property is full of potential. Offering 3 bedrooms and 2 bathrooms, this home includes approximately 760 sq. ft. on the main floor with additional finished space in the basement.The main level features two bedrooms, a full bath, a generously sized living area, and a charming kitchen. Downstairs, you'll find a small living area, a 3/4 bath, and a non-conforming bedroom—great for guests, hobbies, or extra storage. An attached one-stall garage adds convenience, and the brand-new roof (2024) is a major bonus.Currently used as a rental property with a tenant of 12 years, this home could offer immediate income for investors, but would also make a great starter home or downsizing option.Don't miss out on this flexible, affordable opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2010
Sold by
Ressler Shawn J and Ressler Rachael L
Bought by
Torgerson Derek R and Torgerson Ashley R
Current Estimated Value
$214,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,618
Outstanding Balance
$69,419
Interest Rate
4.85%
Mortgage Type
FHA
Estimated Equity
$145,095
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Torgerson Derek R $104,000 Mandan Guaranty And Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torgerson Derek R $102,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $185,000 -- $122 / Sq Ft

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 $3,013 $102,600 $0 $0
2023 $3,403 $97,500 $0 $0
2022 $3,384 $90,850 $0 $0
2021 $2,942 $83,900 $0 $0
2020 $2,190 $144,700 $0 $0
2019 $2,085 $77,600 $0 $0
2018 $2,136 $77,600 $9,100 $68,500
2017 $1,995 $76,600 $9,100 $67,500
2016 $1,896 $76,600 $9,100 $67,500
2015 $1,815 $67,150 $9,100 $58,050
2014 $1,772 $57,600 $6,200 $51,400
2013 $1,740 $52,950 $5,650 $47,300
Source: Public Records

Agents Affiliated with this Home

  • Danielle Bennett

    Seller's Agent in 2025

    Danielle Bennett

    Realty One Group - Encore

    (701) 898-4555

    100 Total Sales

    Danielle Bennett
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Map

North Dakota Morton County Mandan 58554

406 2nd Ave NE, Mandan, ND

This home is located at 406 2nd Ave NE, Mandan, ND 58554 and is currently estimated at $214,514, approximately $180 per square foot. 406 2nd Ave NE is a home located in Morton County with nearby schools including Custer Elementary School, Mandan Middle School, and Mandan High School.

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