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2601 Atlantic Drive South

2601 Atlantic Drive South, Fargo, ND 58103
Property in Brunsdale
Sold Aug 02, 2021
$260,000
$247,000 by United Wholesale Mortgage
Mortgage Due Aug 01, 2051
Sold May 15, 2020
$250,000
$225,000 by Blackridgebank
Mortgage Due Jun 01, 2050
Local assessors in Fargo, ND have categorized 2601 Atlantic Drive South as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 11,896 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. If we look only at the heated or air conditioned part of the building, then 2601 Atlantic Drive South has a total of 1,002 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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, 2601 Atlantic Drive South sold most recently in Jul 29, 2021 for a total of $260,000. If you work out the math, that's approximately a cost of $259.48 per sqft. Before that, the property was also sold for $250,000 in May 15, 2020. 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 $3,229 in taxes each year. 2601 Atlantic Drive South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $113,950. If we break it down further, the land itself was valued at $34,500. Improvements to the property, however, were assessed at a total of $79,450. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
Metal Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Building Style: Bi-level
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,896
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,002
  • Building Area: 1,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,002
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARROWHEAD SOUTH
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARROWHEAD SOUTH LOT 1 BLK 7

Ownership

  • Current Owner : PETERSBURG KYLE
  • Previous Owner : SPEIDEL TREVER
  • Owner Before Previous Owner: GALLAGHER WILLIAM T
  • Owner Before Previous Owner 2: GALLAGHER PAMELA J
  • 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: 001004

Zoning

  • Zoning: SR2

Geography

  • District: 1
  • Parcel: 01-0067-00350-000
  • Block: 7
  • Lot: 1
  • Municipality: FARGO CITY
  • Latitude: 46.8398
  • Longitude: -96.807

    Address

  • Full Address: 2601 Atlantic Dr S
  • Address - House Number: 2601
  • Street Segment Direction: S
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Dr
  • State: ND
  • City Name: Fargo
  • Carrier Code: C054
  • 4-Digit Zip Code: 5510
  • Zip Code: 58103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,229

    Appraisal Valuation

  • Standard Deviation: 0.1259
  • Valuation Date: May 31, 2023
  • Confidence Score: 86
  • Final Value: 293,256
  • High Value: 330,199
  • Low Value: 256,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $247,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $227,900
  • Market Land Value: $69,000
  • Market Improvement Value: $158,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,950
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $79,450

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11853772630
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1640889
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BLACKRIDGEBANK
  • Previous Mortgage Transaction Date: May 15, 2020
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Brunsdale



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2601 Atlantic Drive South located in?
The 2601 Atlantic Drive South is a located in the neighborhood of Brunsdale in Brunsdale, Fargo.
What is the average sales price for listings in 2601 Atlantic Drive South?
The average sales price for units in 2601 Atlantic Drive South is $0 currently.

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