NOT LISTED FOR SALE

505 6th Ave NW Mandan, ND 58554

Estimated Value: $358,000 - $377,310

6 Beds
4 Baths
3,960 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 15, 2023

Current estimated payment $1,897/month

5 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Boiler Heating System
  • Outdoor Storage

About This Home

As of March 2023

This charming 4-unit apartment building is a great investment opportunity! It features 2 units with 2 bedrooms and 1 bathroom, and the other 2 units contain 1 bedroom and 1 bathroom. Each unit also has its own storage room for excess items. The building is well-maintained and has a strong rental history. With its mix of larger and smaller units, this building is perfect for families and individuals alike. It is located in a desirable area, close to schools, shopping, and public transportation. Don't miss out on this opportunity to own a piece of real estate that has the potential to provide a steady stream of income. Each 2 bed $700/month, 1 Bed $600/month.

Last Agent to Sell the Property

James Jeromchek

BIANCO REALTY, INC. License #8693 Listed on: 01/30/2023

Co-Listed By

Jim Jeromchek

BIANCO REALTY, INC. License #5617

Last Buyer's Agent

TERRY STEVAHN

BIANCO REALTY, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Rectangular Lot

Parking

  • Additional Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Mandan Middle School
  • Mandan High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 65-2952000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1965

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Architectural Style: Apartment Style
  • Directions: From Main St. North on 6th Ave. NW
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Year Built: 1965
  • Co List Office Mls Id: o0056
  • Above Grade Finished Sq Ft: 1980.0
  • Fireplace: No
  • Garage Yn: No
  • Appliances Refrigerators: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling WallWindow Unit(s): Yes
  • Architectural Style Apartment Style: Yes
  • Special Features: None

Interior Features

  • Has Basement: Finished, Full
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Interior Amenities: None
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 1980.0
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Storage
  • Lot Features: Lot - Owned, Rectangular Lot
  • Acres: 0.16
  • General Property Information:Accessibility Features: No
  • Construction Materials:Brick2: Yes
  • Lot Features:Rectangular Lot: Yes
  • Exterior Features:Storage3: Yes

Garage/Parking

  • Parking Features: Additional Parking
  • Attached Garage: No
  • General Property Information:Garage: No
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Boiler
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Boiler: Yes

Association/Amenities

  • General Property Information:Association: No

Schools

  • High School: Mandan High
  • Middle Or Junior School: Mandan

Lot Info

  • Lot Dimensions: .
  • Lot Size Sq Ft: 7000.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 65-2952000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3165.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 15, 2023
Sold by
Faiman Bradley and Faiman Nichole
Bought by
Meuchel Joseph and Meuchel Erin
Seller's Agent
James Jeromchek
BIANCO REALTY, INC.
Buyer's Agent
TERRY STEVAHN
BIANCO REALTY, INC.
List Price
$329,900
Current Estimated Value
$367,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$263,920
Outstanding Balance
$141,961
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$225,694

Purchase Details

Listed on
Aug 13, 2017
Closed on
Oct 20, 2017
Sold by
Kraft Gertrude J and Kraft Gertrude J
Bought by
Faiman Bradley and Faiman Nichole
Seller's Agent
Karen Fleck
Oaktree Realty Mandan
Buyer's Agent
James Jeromchek
BIANCO REALTY, INC.
List Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$168,750
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Meuchel Joseph $329,900 North Dakota Guaranty Title
Faiman Bradley $225,000 Quality Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meuchel Joseph $263,920
Previous Owner Faiman Bradley $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold -- -- --
01/30/2023 01/30/23 For Sale $329,900 +46.6% $83 / Sq Ft
10/20/2017 10/20/17 Sold -- -- -- View Prior Sale
08/16/2017 08/16/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $225,000 -- $57 / Sq Ft
Source: Bismarck Mandan Board of REALTORS®

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 $40 $131,050 $0 $0
2023 $3,923 $139,600 $0 $0
2022 $3,007 $110,150 $0 $0
2021 $2,893 $106,800 $0 $0
2020 $2,791 $188,100 $0 $0
2019 $3,057 $115,150 $0 $0
2018 $2,930 $115,050 $12,500 $102,550
2017 $2,735 $107,700 $12,500 $95,200
2016 $2,405 $100,650 $12,500 $88,150
2015 $1,957 $77,700 $8,750 $68,950
2014 $1,756 $61,900 $9,300 $52,600
2013 $1,752 $58,550 $5,850 $52,700
Source: Public Records

Agents Affiliated with this Home

  • James Jeromchek

    Seller's Agent in 2023

    James Jeromchek

    BIANCO REALTY, INC.

    (701) 527-1419

    77 in this area

    163 Total Sales

    James Jeromchek
    Section Image
  • Jim Jeromchek

    Seller Co-Listing Agent in 2023

    Jim Jeromchek

    BIANCO REALTY, INC.

    (701) 220-7494

    76 in this area

    161 Total Sales

    Jim Jeromchek
    Section Image

  • T

    Buyer's Agent in 2023

    TERRY STEVAHN

    BIANCO REALTY, INC.

  • b

    Buyer's Agent in 2023

    bis.rets.stevahn

    gn.rets.RETS_OFFICE

  • H

    Buyer Co-Listing Agent in 2023

    Haley Emmel

    CENTURY 21 Morrison Realty

    (701) 214-7242

    22 in this area

    210 Total Sales

    Haley Emmel
    Section Image
  • Karen Fleck

    Seller's Agent in 2017

    Karen Fleck

    Oaktree Realty Mandan

    (701) 226-5942

    53 in this area

    90 Total Sales

    Karen Fleck
    Section Image
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Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 4005943

APN: 65-2952000

North Dakota Morton County Mandan 58554

505 6th Ave NW, Mandan, ND

Not Listed for Sale

MultiFamily

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