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225 15th Avenue Southwest

225 15th Avenue Southwest, Minot, ND 58701
Property in Minot
Sold May 26, 2017
$306,300
$245,000 by United Community Bank
Mortgage Due May 26, 2047
Local assessors in Minot, ND have categorized 225 15th Avenue Southwest as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 17,990 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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, 225 15th Avenue Southwest sold most recently in May 25, 2017 for a total of $306,300. If you work out the math, that's approximately a cost of $116.91 per sqft. 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 $6,723 in taxes each year. 225 15th Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,000. If we break it down further, the land itself was valued at $72,000. Improvements to the property, however, were assessed at a total of $112,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Building Condition: Good
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 2,620
  • Building Area: 2,620
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBURBAN HOMES
  • Land Acres: 0.413
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUB: MI26391 SUBURBAN HOMES ADDN W 150 L 1 BLK 4

Ownership

  • Current Owner : MIDWEST CAPITAL GROUP LLC
  • Previous Owner : POYNTERS MARKETING INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Minot Public School District 1
  • Census Tract: 010500

Geography

  • Parcel: MI263910400011
  • Block: 4
  • Lot: 1
  • Municipality: MINOT CITY
  • Latitude: 48.2199
  • Longitude: -101.297

    Address

  • Full Address: 225 15th Ave Sw
  • Address - House Number: 225
  • Street Segment Direction: SW
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Minot
  • Carrier Code: C017
  • 4-Digit Zip Code: 5848
  • Zip Code: 58701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,723
  • Tax Rate Code Area: MI 01

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 384,771
  • High Value: 462,996
  • Low Value: 306,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 26, 2017
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 26, 2047

    Market Valuation

  • Market Total Value: $368,000
  • Market Land Value: $144,000
  • Market Improvement Value: $224,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,000
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $112,000

    Sales

  • Current Sale Contract Date: May 25, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Transaction ID: 1589592073
  • Current Sale Price: $306,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3008860

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: May 26, 2017
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Minot



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Frequently Asked Questions

What neighborhood is 225 15th Avenue Southwest located in?
The 225 15th Avenue Southwest is a located in the neighborhood of Minot in Minot, Minot.
What is the average sales price for listings in 225 15th Avenue Southwest?
The average sales price for units in 225 15th Avenue Southwest is $0 currently.

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