NOT LISTED FOR SALE

620 6th Ave SW Minot, ND 58701

Estimated Value: $189,000 - $318,000

10 Beds
6 Baths
1,501 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 15, 2020

Current estimated payment $1,617/month

32 Days on Market

About This Home

As of October 2020

Optimistic for the future in low cost rentals in Minot? Start building your portfolio or add to your existing with this 100% occupied 6-plex! This property, just SW of downtown has enjoyed good, long term occupancy and now is available with recent, already completed major improvements such as new roof, siding and windows in the last 18 months! Four, 2 bedroom units with good sized bedrooms leased at $545, $545, $545 and $595 in addition to two, 1 bedroom units both leased at $515/mo. There's shared coin laundry available along with additional storage space for each unit. Call your agent today to arrange a showing!

Last Agent to Sell the Property

Duane Peterson

SIGNAL REALTY License #6950 Listed on: 08/13/2020

Co-Listed By

Mataya Lafontaine

SIGNAL REALTY License #9212

Last Buyer's Agent

DelRae Zimmerman

BROKERS 12, INC. License #7065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 100' x 100'

Parking

  • Driveway

Home Design

  • Concrete Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,315

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1
  • Age: 50+
  • Flooded: No
  • FILLYEARBUILT: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Number Of Bedrooms: 10
  • Bathrooms: 6
  • Appliances: Refrigerator, Range/Oven, Other/See Remarks
  • Has Basement: Full, Walk Out, Semi-Finished
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Other

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Window
  • Heating: Hot Water
  • Sewer: City
  • Hot Water: City

Schools

  • School District: Minot #1
  • School District: Minot #1

Lot Info

  • Acres: Less
  • Lot Size: 100' x 100'
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $35,207

Tax Info

  • Taxes: $2,887
  • Tax Year: 2019
  • Taxes Exp: $2,887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 15, 2020
Sold by
Williams Del Rae
Bought by
Holbach Randy
Seller's Agent
Duane Peterson
SIGNAL REALTY
Buyer's Agent
DelRae Zimmerman
BROKERS 12, INC.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$242,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,153
Avg. Annual Appreciation
0.07%
Original Mortgage
$245,000
Outstanding Balance
$26,127
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$219,693

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 13, 2020
Sold by
Williams Del Rae
Bought by
Williams Del Rae and Estate Of Maryl J Redman
Seller's Agent
Duane Peterson
SIGNAL REALTY
Buyer's Agent
DelRae Zimmerman
BROKERS 12, INC.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$26,127
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$219,693
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
Holbach Randy -- None Available
Williams Del Rae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holbach Randy $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold -- -- --
09/14/2020 09/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $250,000 -- $167 / Sq Ft
Source: Minot Multiple Listing Service

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 $3,315 $97,000 $25,000 $72,000
2023 $3,526 $96,500 $25,000 $71,500
2022 $3,358 $91,500 $25,000 $66,500
2021 $2,884 $86,000 $25,000 $61,000
2020 $2,841 $85,500 $25,000 $60,500
2019 $2,668 $79,000 $25,000 $54,000
2018 $2,640 $79,000 $25,000 $54,000
2017 $3,222 $104,500 $30,000 $74,500
2016 $3,647 $146,500 $30,000 $116,500
2015 $4,122 $146,500 $0 $0
2014 $4,122 $185,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 201705

Minot Multiple Listing Service

APN: MI-23021-450-014-0