Estimated Value: $114,000 - $211,000
4
Beds
3
Baths
1,428
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- Porch
- Bathroom on Main Level
- Forced Air Heating and Cooling System
- Living Room
- Shed
- Dining Room
About This Home
As of March 2024Welcome to an exceptional investment prospect! This single-family home represents a unique opportunity for investors seeking versatility and potential rental income. Boasting a spacious layout and an unconventional yet functional feature of two kitchens, this property offers multiple possibilities for maximizing returns. Situated in a north east neighborhood, this home presents the ideal blend of comfort and investment potential. The dual kitchen setup allows for innovative rental strategies, such as creating separate living spaces for multi-generational families, offering a potential mother-in-law suite, or providing a rental unit with its own cooking facilities—diversifying tenant options and increasing rental income potential. Beyond its distinctive feature, the property boasts well-maintained interiors, ample natural light, and a layout designed for modern living. Its flexible floor plan adapts effortlessly to various rental strategies or personal use, appealing to a wide range of potential tenants or future buyers. Convenience is paramount with this property's proximity to essential amenities, schools, parks, and transportation hubs, ensuring high desirability among tenants or buyers. Additionally, the area's strong rental market makes this property an appealing choice for investors seeking steady cash flow. Call your favorite realtor today for a private tour!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,346
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 49.90 x 149.25
- Property is zoned RM
Home Design
- Concrete Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,428 Sq Ft Home
- 1.5-Story Property
- Living Room
- Dining Room
- Unfinished Basement
- Laundry in Basement
Kitchen
- Electric Oven or Range
- Microwave
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 3 Bathrooms
Parking
- 2 Car Garage
- Garage Door Opener
- Gravel Driveway
Outdoor Features
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number MI13.E86.000.0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2024
Closed on
Mar 15, 2024
Sold by
Nelson Christopher
Bought by
Conejo Alejandro
Seller's Agent
Jenna Bjork
BROKERS 12, INC.
Buyer's Agent
Sarah Kropp
Maven Real Estate
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Total Days on Market
31
Views
293
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,812
Avg. Annual Appreciation
20.99%
Original Mortgage
$109,250
Outstanding Balance
$107,956
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$36,856
Purchase Details
Closed on
May 17, 2018
Sold by
Jones Penny D and Johnson Darcy W
Bought by
Nelson Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Similar Homes in Minot, ND
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Conejo Alejandro | $115,000 | None Listed On Document | |
| Nelson Christopher | $108,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conejo Alejandro | $109,250 | |
| Previous Owner | Nelson Christopher W | $106,000 | |
| Previous Owner | Nelson Christopher | $102,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | -- | -- | -- |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 01/09/2024 01/09/24 | For Sale | $124,900 | -- | $87 / Sq Ft |
Source: Minot Multiple Listing Service
Tax History Compared to Growth
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 | $1,346 | $60,000 | $15,000 | $45,000 |
| 2023 | $1,595 | $48,500 | $11,500 | $37,000 |
| 2022 | $1,428 | $45,500 | $11,500 | $34,000 |
| 2021 | $1,343 | $44,500 | $11,500 | $33,000 |
| 2020 | $1,286 | $43,000 | $11,500 | $31,500 |
| 2019 | $1,307 | $43,000 | $11,500 | $31,500 |
| 2018 | $1,263 | $42,000 | $11,500 | $30,500 |
| 2017 | $1,484 | $53,500 | $17,000 | $36,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jenna Bjork
J
Seller's Agent in 2024
Jenna Bjork
BROKERS 12, INC.
(760) 855-1700
45 Total Sales
-
Sarah Kropp
Buyer's Agent in 2024
Sarah Kropp
Maven Real Estate
(701) 220-1360
120 Total Sales
Map
Source: Minot Multiple Listing Service
MLS Number: 240050
APN: MI13E860000010
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