NOT LISTED FOR SALE

502 4th Ave NE Mandan, ND 58554

Estimated Value: $245,995 - $261,000

5 Beds
2 Baths
1,976 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 29, 2017

Current estimated payment $1,328/month

181 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Private Lot
  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property

About This Home

As of August 2017

$30,000 in price drops in this price range? Mic Drop! Take advantage of this property not being priced right on Day 1 -- this is how smart investors make money. This SOLID, WELL BUILT, 2x6 modern construction duplex in this Mandan at the end of the street has been rented continuously for the past 5 years at $2,000+/mo! This duplex has been continuously maintained. New shingles were added in 2016. Paint (both inside and out) and finish work has recently been done including tile in the bathrooms and kitchens! There are also newer appliances, a 10' x 12' shed, a fenced yard, and plenty of parking available. Both units are under annual leases. New tenant in lower unit to sign an annual lease in March.

Last Agent to Sell the Property

WILL GARDNER

TRADEMARK REALTY Brokerage Phone: 701-223-3030 Listed on: 02/10/2017

Last Buyer's Agent

BREA ZINS

INTEGRA REALTY GROUP, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1976

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Private Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Masonite

Interior Spaces

  • Window Treatments
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Pad
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 65-3269000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,791

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Architectural Style: Over/Under
  • Attribution Contact: 701-223-3030
  • Directions: From main avenue in Mandan, go North on 4th street to the end of the road. House is on the east side of the dead end street.
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 988.0
  • Fireplace: No
  • Garage Yn: No
  • Flooring Carpet: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling WallWindow Unit(s): Yes
  • Flooring Laminate: Yes
  • Appliances Microwave: Yes
  • Fencing Partial2: Yes
  • Special Features: None

Interior Features

  • Has Basement: Finished
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Interior Amenities: See Remarks, Window Treatments
  • Below Grade Sq Ft: 988.0
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features Window Treatments: Yes
  • Basement Finished: Yes
  • Appliances Range: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:See Remarks10: Yes

Exterior Features

  • Construction Type: Masonite
  • Fencing: Partial
  • Lot Features: Private, Rectangular Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Acres: 0.16
  • Construction Materials:Masonite: Yes
  • Lot Features:Rectangular Lot: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Private: Yes

Garage/Parking

  • Parking Features: Parking Pad, Off Street, No Garage
  • Attached Garage: No
  • General Property Information:Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: rectangular
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 65-3269000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2791.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2018
Sold by
Gierszewski Lee and Gierszewski Deanna
Bought by
Bumpmg Llc
Current Estimated Value
$253,498

Purchase Details

Listed on
Feb 10, 2017
Closed on
Oct 26, 2017
Sold by
Bumpmg Llc
Bought by
Gierszewski Lee
Seller's Agent
WILL GARDNER
TRADEMARK REALTY
Buyer's Agent
BREA ZINS
INTEGRA REALTY GROUP, INC.
List Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$136,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 10, 2017
Closed on
Aug 29, 2017
Sold by
Alagic Midhat and Alagic Sanela
Bought by
Bumpmg Llc
Seller's Agent
WILL GARDNER
TRADEMARK REALTY
Buyer's Agent
BREA ZINS
INTEGRA REALTY GROUP, INC.
List Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 31, 2011
Sold by
Smith Glenn D and Thiem Rebecca S
Bought by
Alagic Sanela and Alagic Midhat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
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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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
Bumpmg Llc -- Quality Title Inc
Gierszewski Lee $170,000 Quality Title Inc
Bumpmg Llc -- Quality Title Inc
Alagic Sanela -- North Dakota Guaranty & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumpmg Llc $184,000
Closed Bumbmg Llc $142,400
Previous Owner Bumpmg Llc $136,000
Previous Owner Alagic Sanela $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2017 08/29/17 Sold -- -- --
08/10/2017 08/10/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $170,000 -- $86 / Sq Ft
Source: Bismarck Mandan Board 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 $26 $92,650 $0 $0
2023 $2,648 $104,700 $0 $0
2022 $2,623 $106,750 $0 $0
2021 $2,507 $98,250 $0 $0
2020 $3,426 $169,400 $0 $0
2019 $3,392 $89,350 $0 $0
2018 $3,287 $89,350 $9,100 $80,250
2017 $2,876 $69,850 $9,100 $60,750
2016 $2,791 $68,700 $9,100 $59,600
2015 $3,450 $91,700 $9,100 $82,600
2014 $2,888 $75,050 $6,200 $68,850
2013 $2,253 $72,500 $5,650 $66,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 3332958

APN: 65-3269000