NOT LISTED FOR SALE

8 3rd St SE Gwinner, ND 58040

Estimated Value: $401,000

-- Bed
-- Bath
3,776 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 29, 2022

Current estimated payment $2,495/month

40 Days on Market

About This Home

As of July 2022

Opportunity Knocks X 4 !!This well built 4-plex could be your next investment. It has remained at full capacity since it was built in 1987. Excellent location. Each unit is 2 bedroom, 1 bath with laundry and attached garage. Structure has been meticulously maintained by owner throughout the years and has housed many happy tenants! Each unit is 944 sq ft of living space with attached garage that is 24x12.Rent is currently $650/mo. Showings will need to be set up 24 hours in advance., Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Total Parking Spaces: 4, Income/Expenses: (Total Income: 2600.00, Utilities: 331.00), Unit 1 Living Room: washer/dryer, Unit 2 Living Room: washer/dryer, Unit 3 Living Room: waher/dryer, Unit 4 Living Room: washer/dryer, Unit 1 Kitchen: YES, Unit 3 Kitchen: YES, Unit 4 Kitchen: YES

Last Agent to Sell the Property

Jani Fluto

Results Realty, Inc Listed on: 05/18/2022

Last Buyer's Agent

Steven Olson

Beyond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Property is zoned Residential-Multi-Family, Residential-Single Famil

Parking

  • 4 Car Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 3,776 Sq Ft Home
  • Crawl Space

Schools

  • North Sargent High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 319385000

Community Details

Overview

  • Klemetson's Addition Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,787

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Subdivision Name: Klemetson's Addition
  • Year Built: 1987
  • General Property Information Zoning3: Residential-Multi-Family, Residential-Single Famil
  • General Property Information Lot Size SqFt2: 14000.0
  • Location Tax and Other Information Tax Year2: 2022
  • Location Tax and Other Information Tax Amount: 2786.73
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1987
  • General Property Information Total Finished Sqft2: 3776.00
  • Building Information Finished SqFt Above Ground: 3776
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Unit Details Total Units: 4
  • General Property Information Above Ground SqFt: 3776.0
  • Unit 1 Annual Rent: 7800.0
  • Income and Expenses Annual Insurance Expense: 2300.0
  • Income and Expenses Annual Maintenance Expense: 331.0
  • Location Tax and Other Information High School3: North Sargent
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Exclusions: None
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating:Baseboard: Yes

Schools

  • High School: North Sargent

Lot Info

  • Lot Size Sq Ft: 14000.0
  • Parcel #: 319385000
  • Zoning: Residential-Multi-Family, Residential-Single Famil

Rental Info

  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2600.0
  • Insurance Expense: 2300.0
  • Maintenance Expense: 331.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 27, 2022
Sold by
Hardy Carla J
Bought by
R & O Investments Llc
Seller's Agent
Jani Fluto
Results Realty, Inc
Buyer's Agent
Steven Olson
Beyond Realty
List Price
$377,000
Current Estimated Value
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$220,500
Outstanding Balance
$212,071
Interest Rate
5.41%
Mortgage Type
Construction
Estimated Equity
$188,929
Source: Public Records

Range of Values:

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Average Value
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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
R & O Investments Llc $325,000 Regency Title-Fargo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & O Investments Llc $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
07/29/2022 07/29/22 Sold -- -- --
06/04/2022 06/04/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $377,000 -- $100 / Sq Ft
Source: Fargo-Moorhead 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 $3,375 $75,400 $10,050 $65,350
2023 $3,076 $70,350 $0 $0
2022 $2,949 $71,650 $0 $0
2021 $2,670 $70,350 $10,050 $60,300
2020 $2,676 $67,900 $10,050 $57,850
2019 $2,925 $68,400 $10,050 $58,350
2018 $2,752 $69,050 $10,050 $59,000
2017 $2,634 $69,050 $10,050 $59,000
2016 $1,770 $49,610 $1,511 $48,099
2015 $1,680 $49,610 $1,511 $48,099
2014 $1,740 $49,610 $1,511 $48,099
2013 $1,788 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368448

APN: 319385000