NOT LISTED FOR SALE

515 1st Ave S Grand Forks, ND 58201

Estimated Value: $459,877

8 Beds
4 Baths
3,456 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 25, 2021

Current estimated payment $2,725/month

11 Days on Market

About This Home

As of March 2021

Always rented, well managed 4 plex. Many recent improvements. New shingles & new exterior paint in August 2010! 5 minute drive to UND. Tenants pay heat & electric. Coin-op laundry. Good cash flow.

Last Agent to Sell the Property

Josh Steinke

Berkshire Hathaway Homeservices Family Rea License #7708 Listed on: 02/12/2021

Berkshire Hathaway Homeservices Family Rea

Last Buyer's Agent

Blake Christianson

Greenberg Realty License #8073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1975

Lot Details

  • 8,094 Sq Ft Lot
  • Lot Dimensions are 55x72

Home Design

  • 3,456 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 44281000022000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Lot Size: 55x72
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1975
  • Expenses Tax And Specials Exp: -
  • Income Scheduled Rent: -
  • Lot Size Acres: 0.19
  • Above Grade Finished Sq Ft: 3456.0
  • Architectural Style: Split Level
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 8

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Lot Info

  • Parcel #: 44281000022000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 8094.0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3096.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Molu Llc
Bought by
Green Life Properties Llc
Current Estimated Value
$459,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$318,349
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$141,528

Purchase Details

Closed on
Mar 31, 2022
Sold by
Caldak Properties Llc
Bought by
Molu Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,625
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 25, 2021
Sold by
Copper Apartments Llc
Bought by
Caldak Properties Llc
Seller's Agent
Josh Steinke
Berkshire Hathaway Homeservices Family Rea
Buyer's Agent
Blake Christianson
Greenberg Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2011
Closed on
Jul 25, 2012
Sold by
Nasif Richard and Nasif Caroline
Bought by
Bansal Arvind and Bansal Anubha
Seller's Agent
Jack Wadhawan
Crary Real Estate
Buyer's Agent
Jack Wadhawan
Crary Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Grant Plains Proeprties Inc
Bought by
Nasif Richard and Nasif Caroline
Source: Public Records

Range of Values:

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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
Green Life Properties Llc $600,000 Grand Forks Abstract & Title
Molu Llc $407,500 None Listed On Document
Caldak Properties Llc $330,000 None Listed On Document
Bansal Arvind -- None Available
Nasif Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Life Properties Llc $322,000
Closed Green Life Properties Llc $251,500
Previous Owner Molu Llc $305,625
Previous Owner Caldak Properties Llc $247,500
Previous Owner Bansal Arvind $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Off Market -- -- --
10/20/2023 10/20/23 Off Market -- -- --
10/20/2023 10/20/23 Off Market -- -- --
03/25/2021 03/25/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
02/12/2021 02/12/21 For Sale -- -- --
11/14/2016 11/14/16 Sold -- -- -- View Prior Sale
10/15/2016 10/15/16 Pending -- -- --
08/05/2016 08/05/16 For Sale -- -- --
07/31/2012 07/31/12 Sold -- -- -- View Prior Sale
07/01/2012 07/01/12 Pending -- -- --
04/13/2011 04/13/11 For Sale -- -- --
Source: Grand Forks Area Association 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 $3,325 $101,000 $0 $0
2023 $3,420 $97,000 $20,000 $77,000
2022 $3,082 $93,950 $16,200 $77,750
2021 $3,055 $93,950 $16,200 $77,750
2020 $3,067 $96,500 $16,200 $80,300
2018 $3,298 $87,650 $13,500 $74,150
2017 $3,295 $87,650 $13,500 $74,150
2016 $2,936 $0 $0 $0
2015 $2,560 $0 $0 $0
2014 $2,658 $87,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Steinke

    Seller's Agent in 2021

    Josh Steinke

    Berkshire Hathaway Homeservices Family Rea

    (701) 741-1335

    122 Total Sales

    Josh Steinke
    Section Image
  • Blake Christianson

    Buyer's Agent in 2021

    Blake Christianson

    Greenberg Realty

    (218) 289-3029

    570 Total Sales

    Blake Christianson
    Section Image
  • Jack Wadhawan

    Seller's Agent in 2016

    Jack Wadhawan

    Crary Real Estate

    (218) 791-5184

    197 Total Sales

    Jack Wadhawan
    Section Image
See All Agents

Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 20-241

Grand Forks Area Association of REALTORS®

APN: 44281000022000

North Dakota Grand Forks County Grand Forks 58201

515 1st Ave S, Grand Forks, ND

This home is located at 515 1st Ave S, Grand Forks, ND 58201 since 12 February 2021 and is currently estimated at $459,877, approximately $133 per square foot. This property was built in 1975. 515 1st Ave S is a home located in Grand Forks County with nearby schools including Phoenix Elementary School, Valley Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Forks Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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