NOT LISTED FOR SALE

426 Cedar Ave W Forman, ND 58032

Estimated Value: $205,000

8 Beds
4 Baths
3,600 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 06, 2023

Current estimated payment $1,361/month

333 Days on Market

About This Home

As of November 2023

4 Plex Investment Property!Real estate rental properties can be a great source for retirement income. Check out this great 4-plex in Forman ND. Each unit has 2 BR/1 Bath, a washer/dryer hook up. There is a detached 6 stall garage so each unit has one stall and owner will acquire the two middle stalls for storage or could also rent out those garage spaces. They have had a 100% occupancy rate for the last 12 years. This property is centrally located, has installed drain tile system and new metal roof on garage and is 10 minutes from Gwinner, ND. Call for more information., Unit 1 Total Baths: 1, Total Parking Spaces: 4, Income/Expenses: (Total Income: 27840.00, Utilities: 240.00), Unit 1 Living Room: 4, Unit 1 Kitchen: 4

Last Agent to Sell the Property

Jani Fluto

Results Realty, Inc Listed on: 11/07/2022

Last Buyer's Agent

Jason Harmon

KW Inspire Realty Keller Williams

KW Inspire Realty Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1999 | Newly Remodeled

Parking

  • 6 Car Garage

Home Design

  • 3,600 Sq Ft Home
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 142 x 75
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 268095000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,575

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

6

Listing Details

  • Type: Residential Income
  • Garage Spaces: 6
  • Water Source: City Water/Connected
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 3600
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Living Area: 3600
  • Basement YN: No
  • Appliances: Electric Water Heater

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt, Metal

Garage/Parking

  • Other Parking Spaces: 1

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: Sargent Central

Lot Info

  • Lot Size: 142 X 75
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 268095000
  • Tax Annual Amount: 2575

Multi Family

  • TenantPays: Electricity, Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Nov 6, 2023
Sold by
Nelson Jason and Nelson Rachel
Bought by
Schmitz Todd and Nelson Jason
Seller's Agent
Jani Fluto
Results Realty, Inc
Buyer's Agent
Jason Harmon
KW Inspire Realty Keller Williams
List Price
$255,000
Current Estimated Value
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schmitz Todd $255,000 Regency Title-Fargo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold -- -- --
10/07/2023 10/07/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $255,000 -- $71 / Sq Ft
Source: NorthstarMLS

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 $3,661 $82,100 $9,500 $72,600
2023 $3,378 $72,750 $0 $0
2022 $3,218 $67,098 $0 $0
2021 $3,649 $77,250 $8,200 $69,050
2020 $3,772 $78,500 $8,200 $70,300
2019 $3,850 $79,050 $8,200 $70,850
2018 $3,527 $79,700 $8,200 $71,500
2017 $3,645 $79,700 $8,200 $71,500
2016 $2,983 $60,917 $1,066 $59,851
2015 $3,048 $60,917 $1,066 $59,851
2014 $2,510 $60,917 $1,066 $59,851
2013 $2,560 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7368495

NorthstarMLS

APN: 268095000

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