NOT LISTED FOR SALE

5016 6th Ave N Grand Forks, ND 58203

Estimated Value: $385,140

15 Beds
10 Baths
6,912 Sq Ft
$56/Sq Ft Est. Value

Last Sold April 30, 2021

Current estimated payment $2,578/month

34 Days on Market

About This Home

As of April 2021

PROPERTIES SOLD TOGETHER
One owner, well maintained units.
Includes (1) 6 plex, garages for each unit and storage shed. SOLD FOR 310,000 ($20,000 CONCESSION)

ALSO INCLUDED: 4803 7th Ave N, GF. 4 PLEX & garages. Fully Rented! SOLD FOR $240,000 (20,000 IN CONCESSIONS)

Last Agent to Sell the Property

Zach Finney

Greenberg Realty License #40495161 Listed on: 02/25/2021

Last Buyer's Agent

NON-MLS

GF Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,494

Lot Details

  • 0.47 Acre Lot

Parking

  • 10 Car Attached Garage

Home Design

  • 6,912 Sq Ft Home

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Schools

  • Lake Agassiz Elementary School
  • Valley Middle School
  • Central High School

Community Details

  • Insurance Expense $5,110

Listing and Financial Details

  • Assessor Parcel Number 4428090000400044280900015000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,494

Lot Details

0

Listing Details

  • Lot Size: Irreg
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Expenses Tax And Specials Exp: 7569.74
  • Income Scheduled Rent: 70,200
  • Income: 70200.0
  • Schools Grade Schools: Lake Agassiz
  • Schools High Schools: Central
  • Schools Middle Schools: Valley
  • Lot Size Acres: 0.47
  • Above Grade Finished Sq Ft: 6912.0
  • Architectural Style: Other
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 15

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage Type: Attached
  • General Property Information:Garage Stalls: 10.0

Schools

  • Elementary School: Lake Agassiz
  • High School: Central
  • Middle Or Junior School: Valley

Lot Info

  • Parcel #: 4428090000400044280900015000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 20459.0
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Operating Expenses Insurance: $5110.00

Tax Info

  • Tax Annual Amount: 7494.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Grand Forks Cottonwood Apartments Llc
Bought by
Oxford Fifteen Llc
Current Estimated Value
$385,140

Purchase Details

Closed on
Sep 26, 2023
Sold by
Knudson Kevin and Knudson Arlene
Bought by
Larson Timothy D and Larson Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$196,951
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$191,862

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 30, 2021
Sold by
Scheving Rocky C and Scheving Randy
Bought by
Grand Frks Cotton Apt Llc
Seller's Agent
Zach Finney
Greenberg Realty
Buyer's Agent
NON-MLS
GF Area Association of REALTORS

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Oxford Fifteen Llc $1,425 --
Larson Timothy D -- None Listed On Document
Grand Frks Cotton Apt Llc $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Timothy D $200,000
Previous Owner Grand Frks Cotton Apt Llc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Off Market -- -- --
04/30/2021 04/30/21 Sold -- -- --
03/31/2021 03/31/21 Pending -- -- --
02/25/2021 02/25/21 For Sale -- -- --
Source: Grand Forks Area Association of REALTORS®

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 $5,185 $157,500 $0 $0
2023 $5,094 $144,500 $28,500 $116,000
2022 $4,588 $139,850 $22,900 $116,950
2021 $4,548 $139,850 $22,900 $116,950
2020 $4,114 $128,100 $22,900 $105,200
2018 $4,730 $129,150 $17,500 $111,650
2017 $4,724 $129,150 $17,500 $111,650
2016 $4,202 $0 $0 $0
2015 $3,722 $0 $0 $0
2014 $3,904 $129,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 21-250

Grand Forks Area Association of REALTORS®

APN: 44280900004000