NOT LISTED FOR SALE

700 5th Ave SW Minot, ND 58701

Estimated Value: $241,189 - $265,000

5 Beds
3 Baths
1,501 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 22, 2024

Current estimated payment $1,639/month

41 Days on Market

About This Home

As of April 2024

FULLY OCCUPIED INVESTMENT OPPORTUNITY! This triplex boasts two 2BR/1BATH units as well as a recently remodeled 1BR/1BATH. The beautiful corner lot also has a 4 stall detached garage. Coin operated laundry machines are included. Property has been under professional property management for many years.

Last Agent to Sell the Property

Jill Wald

IMM REALTORS Listed on: 01/26/2024

Last Buyer's Agent

Robbie Opperude

KW Inspire Realty

KW Inspire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 1958

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 1,792 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,467

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: 1
  • Age: 50+
  • Flooded: No
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 5
  • Bathrooms: 3
  • Fireplace: No
  • Foreclosure: No
  • Price Per S Q F T: 130.02
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Triplex

Exterior Features

  • Home Warranty: No

Garage/Parking

  • Garage 1: D4
  • Garage 2: None
  • Garage Capacity: 4
  • Heat Exp: $1,200

Utilities

  • Water Trash Expense: $1,100

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Acres: Less
  • Assessed: $222,000
  • Lot Size: 100x100
  • Number of Acres: 0.23
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $28,140

Tax Info

  • Taxes: $3467.83
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 22, 2024
Sold by
Bland James H
Bought by
Kaunain Atir
Seller's Agent
Jill Wald
IMM REALTORS
Buyer's Agent
Robbie Opperude
KW Inspire Realty
List Price
$245,000
Views
48
Current Estimated Value
$263,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$221,350
Outstanding Balance
$218,043
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$37,254

Purchase Details

Closed on
Oct 26, 2015
Sold by
Bland James H and Bland Gloria
Bought by
Bland James H
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
Kaunain Atir $233,000 None Listed On Document
Bland James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaunain Atir $221,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold -- -- --
02/10/2024 02/10/24 Price Changed $235,000 -4.1% $157 / Sq Ft
01/26/2024 01/26/24 For Sale $245,000 -- $163 / Sq Ft
Source: Minot Multiple Listing Service

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 $3,230 $105,000 $28,000 $77,000
2023 $3,650 $111,000 $28,000 $83,000
2022 $3,567 $108,000 $28,000 $80,000
2021 $2,988 $99,000 $28,000 $71,000
2020 $2,931 $98,000 $28,000 $70,000
2019 $2,568 $84,500 $35,000 $49,500
2018 $2,572 $85,500 $35,000 $50,500
2017 $2,678 $96,500 $40,000 $56,500
2016 $2,363 $105,500 $40,000 $65,500
2015 $2,075 $105,500 $0 $0
2014 $2,075 $94,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Minot Multiple Listing Service

MLS Number: 240161

Minot Multiple Listing Service

APN: MI-23021-340-010-0