NOT LISTED FOR SALE

511 1st St NE Minot, ND 58703

Estimated Value: $208,000 - $237,084

5 Beds
3 Baths
2,001 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 28, 2024

Current estimated payment $1,369/month

55 Days on Market

About This Home

As of June 2024

Well Maintained!!! This would make a great owner occupied unit. Main floor apt is ground level with 3 bedrooms and one bathroom. The third bedroom has door to the deck out back, so would make a great office space. Living room is large with newer paint and carpet. Kitchen is also nice sized with room for an eat-in table. 2 car garage and off-street parking for this unit. Door from kitchen leads to coin-op laundry so all indoors and very convenient. Two one bedroom apartments on second level--owner completely remodeled those after acquiring the building and over the years has updated new windows, performed siding maintenance, etc. There is deck access to upper units and interior stairway for laundry and exterior exit. Designated off-street parking. Professionally managed by IPM. Lawn, snow, and heat provided for tenants. Good occupancy history. Backs up to McKinley school. This is in the flood plain for insurance, but was not flooded in 2011. 2 car garage is 26X24. Owners are licensed realtors in State of ND.

Last Agent to Sell the Property

Joshua Skjoldal

Better Homes and Gardens Real Estate Watne Group Listed on: 03/08/2024

Better Homes and Gardens Real Estate Watne Group

Co-Listed By

Carrie Montoya

Better Homes and Gardens Real Estate Watne Group License #6708

Last Buyer's Agent

Tracy Dachs

Century 21 Morrison Realty License #8356

Century 21 Morrison Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1964

Lot Details

  • 7,013

Home Design

  • Triplex
  • Concrete Foundation

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,593

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 2
  • Age: 50+
  • Flooded: No
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 5
  • Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Washer and Dryer, Electric Cooktop
  • Has Basement: None
  • Fireplace: No
  • Foreclosure: No
  • Sq Ft Above Ground: 2001-3000
  • Basement Type: Triplex

Exterior Features

  • Exterior: Deck
  • Foundation: Concrete
  • Home Warranty: No

Garage/Parking

  • Driveway: Gravel
  • Garage 1: D2
  • Garage 2: None
  • Garage Capacity: 2
  • Garage Features: Opener, Lights

Utilities

  • Average Monthly Cost of Heat: $120/month
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City
  • Water Trash Expense: 3238.23

Condo/Co-op/Association

  • Units in Building: 3

Schools

  • School District: McKinley

Lot Info

  • Acres: Less
  • Zoning: R3B

Rental Info

  • Annual Rent Income: 24,660
  • Management Exp: 1479.60

Tax Info

  • Taxes: 3592.80
  • Tax Year: 2023
  • Taxes Exp: 3592.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2014
Sold by
Bristol Ted E
Bought by
City Of Minot
Current Estimated Value
$215,303

Purchase Details

Closed on
Oct 16, 2012
Sold by
Montoya Ricardo V and Montoya Carrri J
Bought by
Cornhusker Properties Llc

Purchase Details

Closed on
Dec 17, 2010
Sold by
Mattson Roald and Mattson Marilyn
Bought by
Mattson Katy A

Purchase Details

Closed on
Sep 29, 2005
Sold by
Dion Dennis W and Dion Wendi S
Bought by
Montoya Ricardo V and Montoya Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
5.93%
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
City Of Minot -- None Available
Cornhusker Properties Llc -- None Available
Mattson Katy A -- --
Montoya Ricardo V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montoya Ricardo V $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold -- -- --
05/02/2024 05/02/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $209,900 -- $105 / Sq Ft
Source: Minot Multiple Listing Service

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 $2,999 $97,500 $14,000 $83,500
2023 $3,782 $115,000 $11,500 $103,500
2022 $3,358 $107,000 $11,500 $95,500
2021 $3,169 $105,000 $11,500 $93,500
2020 $3,021 $101,000 $11,500 $89,500
2019 $3,070 $101,000 $11,500 $89,500
2018 $3,083 $102,500 $11,500 $91,000
2017 $2,331 $84,000 $14,000 $70,000
2016 $2,027 $90,500 $14,000 $76,500
2015 $2,277 $90,500 $0 $0
2014 $2,277 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 240355

Minot Multiple Listing Service

APN: MI-13334-010-008-0