NOT LISTED FOR SALE

Estimated Value: $313,000 - $328,469

-- Bed
-- Bath
3,648 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 24, 2023

Current estimated payment $2,277/month

4 Days on Market

About This Home

As of January 2023

Freshly updated 5-plex investment property. There are two 1-bed units, 2 studios, and one 2-bed unit. Rent roll pro forma: 450, 550, 750, 650, & 600. Coin operated laundry in basement. Still tons of value to be added to this investment for the next owner. Convenient Fargo location, impressive character & charm. Check it out before its gone!

Last Agent to Sell the Property

Jordell Baumbach

Baumbach Real Estate LLC Listed on: 10/20/2022

Last Buyer's Agent

Katherine Kiernan

Aspire Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1915

Lot Details

  • 0.31

Home Design

  • 3,648 Sq Ft Home

Schools

  • Fargo South High School

Additional Features

  • 0.31 Acre Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 01127000370000
  • $4,762 per year additional tax assessments

Property Details

Property Type

Other

Est. Annual Taxes

$4,218

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.31
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Exclusions: None

Utilities

  • Cooling: None
  • Cooling Y N: No

Schools

  • High School: Fargo South

Lot Info

  • Lot Size Sq Ft: 13472.0
  • Parcel #: 01127000370000

Tax Info

  • Tax Other Annual Assessment Amount: 4762.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 24, 2023
Sold by
Red River House Buyers Llc
Bought by
Banquet To Business Llc
Seller's Agent
Jordell Baumbach
Baumbach Real Estate LLC
Buyer's Agent
Katherine Kiernan
Aspire Realty
List Price
$299,500
Sold Price
$299,500
Total Days on Market
4
Current Estimated Value
$320,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,235
Avg. Annual Appreciation
2.91%
Original Mortgage
$239,600
Outstanding Balance
$144,947
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$175,788

Purchase Details

Closed on
Jun 2, 2022
Sold by
Koshnick William R and Koshnick Kathryn G
Bought by
Red River Buyers Llc
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
Banquet To Business Llc $299,500 Title Company-Residential
Red River Buyers Llc $110,000 Fm Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banquet To Business Llc $239,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market -- -- --
01/24/2023 01/24/23 Sold -- -- --
10/25/2022 10/25/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $299,500 -- $82 / 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 $5,807 $143,700 $40,500 $103,200
2023 $4,756 $136,850 $40,500 $96,350
2022 $4,283 $119,000 $40,500 $78,500
2021 $4,218 $119,000 $40,500 $78,500
2020 $3,617 $119,000 $40,500 $78,500
2019 $3,091 $100,950 $17,000 $83,950
2018 $3,049 $100,950 $17,000 $83,950
2017 $2,779 $92,600 $17,000 $75,600
2016 $2,516 $92,600 $17,000 $75,600
2015 $2,339 $80,500 $17,000 $63,500
2014 $1,653 $54,550 $17,000 $37,550
2013 $1,873 $54,550 $17,000 $37,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7361001

APN: 01-1270-00370-000