NOT LISTED FOR SALE

612 N 5th St Grand Forks, ND 58203

Estimated Value: $744,620

24 Beds
12 Baths
11,800 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 24, 2023

Current estimated payment $5,016/month

87 Days on Market

About This Home

As of February 2023

12 Unit Investment Opportunity! 2 Bed, 1 Bath Units. W/D on site.

Last Agent to Sell the Property

Meggen Sande

Greenberg Realty License #8571 Listed on: 11/28/2022

Last Buyer's Agent

Zach Finney

Greenberg Realty License #40495161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,613

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140

Interior Spaces

  • 11,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 44230100091000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,613

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Lot Size: 100 x 140
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1971
  • Expenses Tax And Specials Exp: 8,612.64
  • Income Scheduled Rent: 0
  • Lot Size Acres: 0.32
  • Above Grade Finished Sq Ft: 11800.0
  • Architectural Style: 3 Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 24

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Utilities

  • Heating: EBB
  • Heating Yn: Yes

Lot Info

  • Parcel #: 44230100091000
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 14000.0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8612.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Feb 23, 2023
Sold by
Mjm Properties Llc
Bought by
805 Properties Llc
Seller's Agent
Meggen Sande
Greenberg Realty
Buyer's Agent
Zach Finney
Greenberg Realty
List Price
$800,000
Total Days on Market
87
Current Estimated Value
$744,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$335,493
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$417,794

Purchase Details

Closed on
Nov 6, 2008
Sold by
Brown Randall and Brown Diane
Bought by
Rak 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
$371,250
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2008
Sold by
Johnson Ruby
Bought by
Brown Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 1999
Sold by
Johnson Orville A and Johnson Ruby
Bought by
Brown Randall
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
805 Properties Llc $675,000 Priority Title
Rak Properties Llc $1,150,000 None Available
Brown Randall -- None Available
Brown Randall -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 805 Properties Llc $540,000
Previous Owner Mjm Properties Llc $50,000
Previous Owner Mjm Properties Llc $412,500
Previous Owner Rak Properties Llc A North Dakota Llc $345,000
Previous Owner Rak Properties Llc $371,250
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 -- -- --
02/24/2023 02/24/23 Sold -- -- --
01/17/2023 01/17/23 Off Market -- -- --
12/12/2022 12/12/22 Price Changed $720,000 -10.0% $61 / Sq Ft
11/28/2022 11/28/22 For Sale $800,000 -- $68 / Sq Ft
03/09/2017 03/09/17 Sold -- -- --
02/07/2017 02/07/17 Pending -- -- --
01/24/2017 01/24/17 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 $10,222 $310,500 $0 $0
2023 $10,029 $284,500 $35,000 $249,500
2022 $9,066 $276,350 $28,000 $248,350
2021 $8,987 $276,350 $28,000 $248,350
2020 $8,216 $258,500 $28,000 $230,500
2018 $8,271 $225,750 $21,450 $204,300
2017 $7,962 $225,750 $21,450 $204,300
2016 $7,085 $0 $0 $0
2015 $6,538 $0 $0 $0
2014 $6,771 $225,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Forks Area Association of REALTORS®

MLS Number: 22-2066

Grand Forks Area Association of REALTORS®

APN: 44230100091000