NOT LISTED FOR SALE

505 18th Ave SE Minot, ND 58701

Estimated Value: $168,000 - $321,620

8 Beds
4 Baths
1,501 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 09, 2018

Current estimated payment $1,538/month

About This Home

As of March 2018

Great investment property in an ideal location. close to many amenities such as school, fuel and shopping. Melissa Leier is a Realtor in the state of North Dakota. Information is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Blake Krabseth

Better Homes and Gardens Real Estate Watne Group License #7047 Listed on: 12/17/2017

Better Homes and Gardens Real Estate Watne Group

Last Buyer's Agent

Carrie Montoya

Better Homes and Gardens Real Estate Watne Group License #6708

Better Homes and Gardens Real Estate Watne Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 78 x 120

Parking

  • Driveway

Home Design

  • Quadruplex
  • Concrete Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,748

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • Additional Comments 3: Seller pd $6000 costs
  • Age: 50+
  • Flooded: No
  • FILLYEARBUILT: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Refrigerator, Range/Oven, Washer and Dryer
  • Has Basement: Finished, Walk Out
  • Fireplace: No
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete
  • Home Warranty: No

Garage/Parking

  • Driveway: Paved
  • Garage 1: None
  • Garage 2: None
  • Heat Exp: 130.00/mo.

Utilities

  • Air Conditioner: Wall
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City
  • Water Trash Expense: 100.00/mo

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Washington

Lot Info

  • Acres: Less
  • Lot Size: 78 X 120
  • Zoning: R4

Rental Info

  • Annual Rent Income: 28,560.00
  • Management Exp: SMC

Tax Info

  • Taxes: 2748.00
  • Tax Year: 2016
  • Taxes Exp: 2748.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2017
Closed on
Mar 9, 2018
Sold by
Leier Chad and Leier Melissa
Bought by
Omambia Albert M
Seller's Agent
Blake Krabseth
Better Homes and Gardens Real Estate Watne Group
Buyer's Agent
Carrie Montoya
Better Homes and Gardens Real Estate Watne Group
List Price
$199,900
Current Estimated Value
$244,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$193,431
Outstanding Balance
$164,842
Interest Rate
4.15%
Mortgage Type
FHA
Estimated Equity
$79,968

Purchase Details

Listed on
Dec 17, 2017
Closed on
Jan 26, 2018
Sold by
Vagabond L L C
Bought by
Klein Properties Llc
Seller's Agent
Blake Krabseth
Better Homes and Gardens Real Estate Watne Group
Buyer's Agent
Carrie Montoya
Better Homes and Gardens Real Estate Watne Group
List Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Outstanding Balance
$164,842
Interest Rate
4.15%
Mortgage Type
FHA
Estimated Equity
$79,968

Purchase Details

Closed on
May 27, 2009
Sold by
Lee Amber and Thompson Amber
Bought by
Leier Chad and Leier Melissa

Purchase Details

Closed on
May 1, 2009
Sold by
Trautwein Ulrich H and Trautwein Teryl D
Bought by
Vagabound Llc

Purchase Details

Closed on
Jan 3, 2006
Sold by
Bk Proeprties Llc
Bought by
Olson Family Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Omambia Albert M $197,000 None Available
Klein Properties Llc $455,000 None Available
Leier Chad -- None Available
Vagabound Llc -- None Available
Olson Family Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omambia Albert M $193,431
Open Klein Properties Llc $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold -- -- --
12/17/2017 12/17/17 Pending -- -- --
12/17/2017 12/17/17 For Sale $199,900 -- $133 / 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 $3,242 $109,500 $28,000 $81,500
2023 $4,001 $109,500 $28,000 $81,500
2022 $3,347 $96,000 $28,000 $68,000
2021 $2,967 $88,500 $28,000 $60,500
2020 $3,091 $93,000 $28,000 $65,000
2019 $2,921 $86,500 $28,000 $58,500
2018 $2,691 $80,500 $28,000 $52,500
2017 $2,574 $83,500 $28,000 $55,500
2016 $2,688 $108,000 $28,000 $80,000
2015 $2,678 $108,000 $0 $0
2014 $2,678 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Blake Krabseth

    Better Homes and Gardens Real Estate Watne Group

    Section Image

  • C

    Buyer's Agent in 2018

    Carrie Montoya

    Better Homes and Gardens Real Estate Watne Group

    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 180533

Minot Multiple Listing Service

APN: MI-25426-030-010-1

North Dakota Ward County Minot 58701

505 18th Ave SE, Minot, ND

Not Listed for Sale

MultiFamily

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