NOT LISTED FOR SALE

519 7th Ave E West Fargo, ND 58078

Eastwood Neighborhood

Estimated Value: $359,000 - $374,675

7 Beds
3 Baths
3,432 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 19, 2023

Current estimated payment $2,299/month

41 Days on Market

Highlights

  • Built in 1970 | Newly Remodeled
  • Baseboard Heating
  • 4-minute walk to Hulbert Aquatic Center

About This Home

As of May 2023

Tremendous cash flow. This duplex has been completely updated in the last year and is fully rented for $2,950 per month. Too many updates to list. Don't miss this great investment opportunity to add to or start building your portfolio. Locate in a quiet and growing neighborhood, walking distance to the Hulbert Aquatic Center and Eastwood Elementary and just blocks from the booming downtown West Fargo area, you won't want to miss this one!, Unit 1 Total Baths: 1, Unit 2 Total Baths: 2, Total Parking Spaces: 4, Income/Expenses: (Total Income: 35700.00, Management: 2856.00, Utilities: 1800.00, Maintenance: 1200.00, NOI: 28644.00), Unit 1 Kitchen: YES, Unit 2 Kitchen: YES

Last Agent to Sell the Property

Josh Teigen

eXp Realty (3120 FGO) Brokerage Phone: 701-412-7151 Listed on: 03/09/2023

Last Buyer's Agent

Cole Wittrock

REAL (1531 FGO)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1970 | Newly Remodeled

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 02030001070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Garage Spaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1716
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 701-412-7151
  • Attribution Contact: 701-412-7151
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Living Area: 3432
  • Below Grade Finished Sq Ft: 1716
  • Basement YN: Yes
  • Appliances: Gas Water Heater
  • Appliances: Gas Water Heater

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Asphalt

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas,Oil

Schools

  • Junior High Dist: West Fargo

Lot Info

  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 02030001070000
  • Tax Annual Amount: 2944

Multi Family

  • TenantPays: Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 19, 2023
Sold by
Wilson Taylar and Akason Taylar
Bought by
Gutormson Kurt and Hanson Sharon
Seller's Agent
Josh Teigen
eXp Realty (3120 FGO)
Buyer's Agent
Cole Wittrock
REAL (1531 FGO)
List Price
$324,000
Current Estimated Value
$366,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Oct 1, 2021
Sold by
Veteran Investment Group Llp
Bought by
Wilson Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2017
Sold by
Shipyard Properties Llp
Bought by
Veteran Investment Group Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2011
Sold by
Boutwell Chastity D and Boutwell Jason R
Bought by
Tera Enteprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,305
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2005
Sold by
Chaswell Enterprises Llc
Bought by
Tera Enterprises Llc
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
Gutormson Kurt $324,000 Fm Title
Wilson Taylor $220,000 New Title Company Name
Veteran Investment Group Llp $290,000 Regency Title
Tera Enteprises Llc -- Fm Title
Tera Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Taylor $216,015
Previous Owner Veteran Investment Group Llp $232,000
Previous Owner Tera Enteprises Llc $84,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold -- -- --
04/19/2023 04/19/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $324,000 -- $94 / Sq Ft
Source: NorthstarMLS

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 $4,072 $151,250 $16,800 $134,450
2023 $3,226 $118,700 $16,800 $101,900
2022 $3,106 $109,050 $16,800 $92,250
2021 $2,507 $83,450 $12,200 $71,250
2020 $2,444 $81,650 $12,200 $69,450
2019 $2,322 $79,050 $12,200 $66,850
2018 $2,243 $79,850 $12,200 $67,650
2017 $2,185 $79,900 $12,200 $67,700
2016 $1,842 $73,900 $12,200 $61,700
2015 $1,693 $62,100 $12,550 $49,550
2014 $1,658 $58,050 $12,550 $45,500
2013 $1,633 $58,050 $12,550 $45,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Josh Teigen

    eXp Realty (3120 FGO)

    (701) 412-7151

    2 in this area

    11 Total Sales

    Josh Teigen
    Section Image

  • C

    Buyer's Agent in 2023

    Cole Wittrock

    REAL (1531 FGO)

    (701) 715-0697

    2 in this area

    171 Total Sales

    Cole Wittrock
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 7368514

NorthstarMLS

APN: 02-0300-01070-000

North Dakota Cass County West Fargo 58078 Eastwood

519 7th Ave E, West Fargo, ND

Not Listed for Sale

MultiFamily

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.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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