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1506 7th Avenue South

1506 7th Avenue South, Fargo, ND 58103
Property in Jefferson
Sold Oct 04, 2021
$162,000
$159,065 by Gate City Bank
Mortgage Due Nov 01, 2051
Sold May 29, 2018
$150,000
$142,500 by Bell Bank
Mortgage Due Jun 01, 2048
1506 7th Avenue South in Fargo, ND was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. The linear feet across the front of the lot is 670 ft and the linear feet between the front and back of the lot is 470. In total, the area measurement of the land is 3,174 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1506 7th Avenue South sold most recently in Oct 1, 2021 for a total of $162,000. If you work out the math, that's approximately a cost of $259.62 per sqft. Before that, the property was also sold for $150,000 in May 24, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,324 in taxes each year. 1506 7th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $73,050. If we break it down further, the land itself was valued at $18,200. Improvements to the property, however, were assessed at a total of $54,850. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,174
  • Lot Size Depth Feet: 470
  • Lot Size Frontage Feet: 670
  • Total Building Area: 624
  • Gross Building Area: 624
  • Building Area: 624
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DARLINGS 3RD
  • Land Acres: 0.073
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: DARLING'S 3RD ADDN LT 2 BLK 1 **3-16-16 REPLATTED FRM 01-0560-00740-000 PER PLAT DOC#1470587

Ownership

  • Current Owner : ARRIGONI HENRY R
  • Previous Owner : KRUGER MARILYN E
  • Previous Owner 2: KRUGER JOSHUA A
  • Owner Before Previous Owner: MANCINI LINDSEY A
  • Owner Before Previous Owner 2: MANCINI ALLAN N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fargo Public School District 1
  • School Tax School District: S001
  • Census Tract: 000802

Geography

  • District: 1
  • Parcel: 01-8603-00020-000
  • Block: 1
  • Lot: 2
  • Municipality: FARGO CITY
  • Latitude: 46.8676
  • Longitude: -96.8042

    Address

  • Full Address: 1506 7th Ave S
  • Address - House Number: 1506
  • Street Segment Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Fargo
  • Carrier Code: C026
  • 4-Digit Zip Code: 2528
  • Zip Code: 58103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,324

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: May 31, 2023
  • Confidence Score: 84
  • Final Value: 175,396
  • High Value: 199,489
  • Low Value: 151,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,065
  • First Open Lien Mortgage Lender: GATE CITY BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $159,065
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $146,100
  • Market Land Value: $36,400
  • Market Improvement Value: $109,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,050
  • Assessed Land Value: $18,200
  • Assessed Improvements Value: $54,850

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11862194908
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1647272
  • Previous Sale Recording Date: May 29, 2018
  • Previous Sale Contract Date: May 24, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATE CITY BANK
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $159,065
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BELL BANK
  • Previous Mortgage Transaction Date: May 29, 2018
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Jefferson



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Frequently Asked Questions

What neighborhood is 1506 7th Avenue South located in?
The 1506 7th Avenue South is a located in the neighborhood of Jefferson in Jefferson, Fargo.
What is the average sales price for listings in 1506 7th Avenue South?
The average sales price for units in 1506 7th Avenue South is $0 currently.

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