NOT LISTED FOR SALE

518 N 3rd St Bismarck, ND 58501

0.13 Acre
-- Price per Acre
5,625 Sq Ft Lot

Last Sold April 23, 2021

2 Days on Market

About This Lot

As of April 2021

HIGHLY VISIBLE vacant commercial and/or multi-family lot in downtown Bismarck, Includes rental income.

Leased by MDU: $658/month- See documents

Must be bought with neighboring triplex property (215 E Ave B) MLS# 410428 .

Zoned Commercial Fringe. Buyer to verify uses.

Last Listed By

Patrick Koski

Realty One Group - Encore License #8121 Listed on: 04/11/2021

Realty One Group - Encore

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $823

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 75x75
  • Rectangular Lot

Listing and Financial Details

  • Assessor Parcel Number 0015-015-005

Property Details

Property Type

Land

Est. Annual Taxes

$823

Lot Details

0

Listing Details

  • Directions: North 3rd St, across from Trinity Lutheran Church
  • Prop. Type: Land
  • Sewer:Public Sewer: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rectangular Lot
  • Acres: 0.13
  • Lot Features:Rectangular Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Lot Info

  • Lot Dimensions: 75x75
  • Lot Size Sq Ft: 5625.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0015-015-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 823.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Jamieson Capex Fund Llc
Bought by
Kessel Run Llc
Total Days on Market
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$120,678
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2021
Closed on
Apr 29, 2021
Sold by
The Boutrus Group Llp
Bought by
Jamieson Capex Fund Llc and Kessel Run Llc
Seller's Agent
Patrick Koski
Realty One Group - Encore
Buyer's Agent
MIKE BOHRER
VENTURE REAL ESTATE
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3%
Mortgage Type
Commercial

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
Kessel Run Llc $275,000 Bismarck Title
Jamieson Capex Fund Llc $270,000 Bismarck Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessel Run Llc $220,000
Previous Owner Jamieson Capex Fund Llc $216,000
Previous Owner The Boutrous Group Llp $135,000
Previous Owner The Boutrous Group Llp $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold -- -- --
04/13/2021 04/13/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $89,900 -- --
Source: Bismarck Mandan Board 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 $1,046 $35,150 $28,800 $6,350
2023 $1,073 $35,150 $28,800 $6,350
2022 $991 $34,250 $28,800 $5,450
2021 $1,044 $33,600 $28,800 $4,800
2020 $1,018 $33,600 $28,800 $4,800
2019 $1,341 $32,800 $0 $0
2018 $1,145 $0 $0 $0
2017 $261 $15,250 $11,250 $4,000
2016 $261 $15,250 $11,250 $4,000
2014 -- $15,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Koski

    Seller's Agent in 2021

    Patrick Koski

    Realty One Group - Encore

    (701) 471-1331

    455 Total Sales

    Patrick Koski
    Section Image
  • MIKE BOHRER

    Buyer's Agent in 2021

    MIKE BOHRER

    VENTURE REAL ESTATE

    (701) 226-3798

    117 Total Sales

    MIKE BOHRER
    Section Image
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Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 3410427

APN: 0015-015-005

North Dakota Burleigh County Bismarck 58501

518 N 3rd St, Bismarck, ND

Homes for Sale in Bismarck, ND

This home is located at 518 N 3rd St, Bismarck, ND 58501 since 11 April 2021. 518 N 3rd St is a home located in Burleigh County with nearby schools including Will-Moore Elementary School, Wachter Middle School, and Bismarck High School.

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