Sold Mar 16, 2022
$1,000
Buyer
Seller
$780
by Dakota Business Lending
Mortgage Due May 01, 2047
Sold Nov 15, 2021
$320,000
Buyer
Seller
$328,590
by First Western Bank & Trust
Mortgage Due Nov 12, 2047
2705 4th Avenue has been categorized by the local assessors in Minot, ND as a residential type of property.
The building on the property was first built in 1959 and is 65 years old.
In addition, 2705 4th Avenue has 6,192 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 15,115 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The property was last sold in Mar 15, 2022 for $1,000. That's $0.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 12, 2021 for $320,000. 2705 4th Avenue was last assessed in 2023. The total value of the property was assessed at $164,500. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $126,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,011. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The property was last sold in Mar 15, 2022 for $1,000. That's $0.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 12, 2021 for $320,000. 2705 4th Avenue was last assessed in 2023. The total value of the property was assessed at $164,500. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $126,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,011. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.