NOT LISTED FOR SALE

5508 Olive Tree Dr Bismarck, ND 58503

Estimated Value: $496,575 - $520,000

-- Bed
-- Bath
1,854 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 5508 Olive Tree Dr, Bismarck, ND 58503 and is currently estimated at $510,394, approximately $275 per square foot. 5508 Olive Tree Dr is a home with nearby schools including Grimsrud Elementary School, Horizon Middle School, and Century High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Viking Builders Inc
Bought by
Martel James and Martel Larayne
Current Estimated Value
$510,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$32,924
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$504,145

Purchase Details

Closed on
May 6, 2021
Sold by
Lunde Lee A and Lunde Elizabeth A
Bought by
Viking Builders Iinc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$32,924
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$504,145

Purchase Details

Closed on
Dec 4, 2019
Sold by
Viking Builders Inc
Bought by
Lunde Lee A and Lunde Elizabeth A

Purchase Details

Closed on
Mar 22, 2011
Sold by
Olive Branch Estates Llc
Bought by
Corporate Advisors Llc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Davis Thomas D and Davis Diane
Bought by
Olive Branch Estates Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Martel James $326,500 Quality Title Inc
Viking Builders Iinc -- Quality Title Inc
Lunde Lee A -- None Available
Corporate Advisors Llc -- --
Olive Branch Estates Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martel James $50,000
Open Martel James $83,000
Previous Owner Lunde Lee A $246,585
Source: Public Records

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 $2,639 $194,950 $0 $0
2023 $4,018 $179,100 $0 $0
2022 $3,266 $167,750 $0 $0
2021 $997 $64,550 $0 $0
2020 $212 $12,300 $0 $0
2019 $210 $12,300 $0 $0
2018 $192 $0 $0 $0
2017 $188 $12,300 $12,300 $0
2016 $188 $12,300 $12,300 $0
2014 $207 $24,600 $24,600 $0
Source: Public Records

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