NOT LISTED FOR SALE

516 2nd Ave S Grand Forks, ND 58201

8 Beds
4 Baths
3,456 Sq Ft
7,755 Sq Ft Lot

Last Sold March 25, 2021

11 Days on Market

About This Home

As of March 2021

Many recent improvements. New shingles & new exterior paint in August 2010! 5 minute drive to UND. Always rented, well managed. 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

  • $3,063

Year Built

  • Built in 1975

Lot Details

  • 7,755 Sq Ft Lot
  • Lot Dimensions are 55x141

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

$3,063

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Lot Size: 55x141
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1975
  • Expenses Tax And Specials Exp: -
  • Income Scheduled Rent: -
  • Lot Size Acres: 0.18
  • 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: 7755.0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3062.7

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 13, 2023
Sold by
Caldak Properties Llc
Bought by
Green Life Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 2023
Sold by
Deitz Jeremy D
Bought by
Caldak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 14, 2016
Sold by
Ambe Llc
Bought by
Copper Apartments Llc
Seller's Agent
Jack Wadhawan
Crary Real Estate
Buyer's Agent
Jack Wadhawan
Crary Real Estate

Purchase Details

Listed on
Apr 13, 2011
Closed on
Sep 4, 2012
Sold by
Bansal Arvind and Bansal Anubha
Bought by
Ambe Llc
Seller's Agent
Jack Wadhawan
Crary Real Estate
Buyer's Agent
Jack Wadhawan
Crary Real Estate
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
Green Life Properties Llc -- Grand Forks Abstract & Title
Caldak Properties Llc -- Fm Title
Copper Apartments Llc -- None Available
Ambe Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Green Life Properties Llc $251,500
Previous Owner Green Life Properties Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
10/15/2016 10/15/16 Pending -- -- --
08/05/2016 08/05/16 For Sale -- -- --
07/31/2012 07/31/12 Sold -- -- --
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 $3,292 $100,000 $0 $0
2023 $3,384 $96,000 $20,000 $76,000
2022 $3,049 $92,950 $16,200 $76,750
2021 $3,023 $92,950 $16,200 $76,750
2020 $3,034 $95,450 $16,200 $79,250
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

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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 20-242

Grand Forks Area Association of REALTORS®

APN: 44281000026000