NOT LISTED FOR SALE

415 18th Ave SE Minot, ND 58701

Estimated Value: $258,295 - $260,000

8 Beds
4 Baths
1,201 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 23, 2022

Current estimated payment $1,746/month

14 Days on Market

About This Home

As of September 2022

4 Plex "Investment Opportunity" 2 bedroom 1 bath units. Newer roof, siding and windows. Well cared for and in very nice condition. Appliances & coin operated washer & dryer stay. Large parking area in the rear of the building.

Last Agent to Sell the Property

Lorell Seibold

Coldwell Banker 1st Minot Realty License #6972 Listed on: 08/15/2022

Coldwell Banker 1st Minot Realty

Last Buyer's Agent

Jody Bullinger

BROKERS 12, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Fenced

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Split Level Home
  • Concrete Foundation

Interior Spaces

  • 1,201 Sq Ft Home
  • Finished Basement
  • Natural lighting in basement
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,151

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Level
  • Additional Comments 3: Seller concessions $6915
  • Age: 41-50
  • Flooded: No
  • FILLYEARBUILT: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven
  • Has Basement: Finished, Daylight
  • Sq Ft Above Ground: 1201-1500
  • Basement Type: Fourplex

Exterior Features

  • Exterior: Fence
  • Foundation: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage 1: None
  • Garage 2: None
  • Heat Exp: $2144

Utilities

  • Air Conditioner: No
  • Average Monthly Cost of Heat: $178
  • Heating: Natural Gas, Hot Water
  • Sewer: City
  • Hot Water: City
  • Water Trash Expense: $1248

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1
  • School District: Minot #1

Lot Info

  • Acres: Less
  • Lot Size: 85x120
  • Number of Acres: 0.23
  • Zoning: R4

Rental Info

  • Annual Rent Income: 25,079
  • Management Exp: $1513

Tax Info

  • Taxes: $3151
  • Tax Year: 2021
  • Taxes Exp: $3151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 30, 2022
Sold by
Zando Real Estate Investments Llc
Bought by
Garcia Corey E
Seller's Agent
Lorell Seibold
Coldwell Banker 1st Minot Realty
Buyer's Agent
Jody Bullinger
BROKERS 12, INC.
List Price
$244,900
Sold Price
$245,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$259,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,148
Avg. Annual Appreciation
2.03%
Original Mortgage
$197,730
Outstanding Balance
$190,323
Interest Rate
5.13%
Mortgage Type
VA
Estimated Equity
$68,825

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 17, 2017
Sold by
Andersen Marvin J
Bought by
Zando Real Estate Investments Llc
Seller's Agent
LINDA ZIMBELMAN
SIGNAL REALTY
Buyer's Agent
Lorell Seibold
Coldwell Banker 1st Minot Realty
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$112,600
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Garcia Corey E $246,000 --
Zando Real Estate Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Corey E $197,730
Previous Owner Zando Real Estate Investments Llc $16,000
Previous Owner Zando Real Estate Investments Llc $112,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold -- -- --
08/29/2022 08/29/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $244,900 +36.1% $204 / Sq Ft
02/07/2017 02/07/17 Sold -- -- --
01/06/2017 01/06/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $180,000 -- $120 / 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 $3,725 $109,000 $28,000 $81,000
2023 $3,928 $107,500 $28,000 $79,500
2022 $3,277 $94,000 $28,000 $66,000
2021 $2,917 $87,000 $28,000 $59,000
2020 $3,024 $91,000 $28,000 $63,000
2019 $2,870 $85,000 $28,000 $57,000
2018 $2,640 $79,000 $28,000 $51,000
2017 $2,466 $80,000 $30,500 $49,500
2016 $2,564 $103,000 $30,500 $72,500
2015 $2,515 $103,000 $0 $0
2014 $2,515 $117,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 221579

Minot Multiple Listing Service

APN: MI-25426-030-010-2