NOT LISTED FOR SALE

505 1st Ave W Velva, ND 58790

Estimated Value: $121,000 - $134,586

3 Beds
1.5 Baths
897 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 02, 2012

Current estimated payment $720/month

42 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2012

Great home, in Velva, that has been updated with 2 main floor bedrooms, a full bath, main floor laundry and the basement has an egress bedroom and half bath. The lot is a nice size with alley access. The home is located close to the school, park and pool. Call or text Chery at 701-626-1585 to set up a showing!

Last Agent to Sell the Property

Chery Bourdeau

BROKERS 12, INC. License #7686 Listed on: 07/11/2012

Last Buyer's Agent

Holly Watson

Century 21 Morrison Realty License #6630

Century 21 Morrison Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x120
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 897 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1.5 Bathrooms

Finished Basement

  • Partial Basement
  • Bedroom in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Natural Gas
  • Heating System Powered By Leased Propane

Listing and Financial Details

  • Assessor Parcel Number 55-21-11103

Home Details

Home Type

Single Family

Est. Annual Taxes

$675

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Building Style: 1
  • Age: 50+
  • Estimated Above Grade Sq Ft: 801-1000
  • Flooded: No
  • Above Grade Price per Sq Ft: 117.06
  • Price per Sq Ft: 86.14
  • FILLYEARBUILT: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Basement
  • Number Of Bedrooms: 3
  • Bathrooms: 1.5
  • Half Bathrooms First Floor: Basement
  • Appliances: Dishwasher, Refrigerator, Range/Oven, Microwave/Hood
  • Has Basement: Finished, Partial Basement
  • Bedroom 3 Size Comments: Egress
  • Dining Room Level: Main
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Level 1 Full Bathroom: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Price Per S Q F T: 105.91
  • Sq Ft Above Ground: 897
  • Estimated Below Grade Sq Ft: 322
  • Total Sq Ft: 1219
  • Basement Type: Single Family

Exterior Features

  • Foundation: Concrete
  • Home Warranty: No
  • Roof Type: Asphalt
  • Exterior Construction: Wood

Garage/Parking

  • Driveway: Paved
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Natural Gas, Electric, Dual Heat, Propane Rented
  • Sewer: City
  • Hot Water: City

Schools

  • School District: Velva
  • School District: Velva

Lot Info

  • Acres: Less
  • Lot Size: 50x120
  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 55-21-11103
  • Taxes: $675.46
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 24, 2012
Sold by
Carlson Daniel T and Carlson Lori E
Bought by
Waltz Phillip and Waltz Kristy
Seller's Agent
Chery Bourdeau
BROKERS 12, INC.
Buyer's Agent
Holly Watson
Century 21 Morrison Realty
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$129,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,147
Avg. Annual Appreciation
4.24%
Original Mortgage
$97,800
Outstanding Balance
$69,631
Interest Rate
3.51%
Mortgage Type
VA
Estimated Equity
$90,902

Purchase Details

Closed on
Oct 15, 2007
Sold by
Orts Robert P
Bought by
Carlson Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Waltz Phillip -- Mchenry Abstract & Title
Carlson Daniel T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waltz Phillip $97,800
Previous Owner Carlson Daniel T $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold -- -- --
08/22/2012 08/22/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $105,000 -- $117 / 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 $16 $54,350 $6,000 $48,350
2023 $1,611 $54,350 $6,000 $48,350
2022 $1,366 $49,950 $6,000 $43,950
2021 $1,336 $49,950 $6,000 $43,950
2020 $1,377 $49,950 $6,000 $43,950
2019 $1,403 $4,496 $6,000 $43,950
2018 $1,637 $4,496 $0 $0
2017 $1,687 $4,496 $0 $0
2016 -- $4,496 $0 $0
2015 -- $4,496 $0 $0
2014 -- $4,109 $0 $0
2013 -- $1,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 20121319

Minot Multiple Listing Service

APN: 55002111103000