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302 7th Street Southwest

302 7th Street Southwest, South Heart, ND 58655
Property in South Heart
Sold Apr 26, 2021
$360,000
$260,000 by Ark-la-tex Financial Services
Mortgage Due May 01, 2051
302 7th Street Southwest has been categorized by the local assessors in South Heart, ND as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 13 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 302 7th Street Southwest has 2,160 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,256 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 22,216 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,200 sqft. According to our sources, there are a total of 5 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 302 7th Street Southwest sold most recently in Apr 23, 2021 for a total of $360,000. If you work out the math, that's approximately a cost of $166.67 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 $2,762 in taxes each year. 302 7th Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,900. If we break it down further, the land itself was valued at $17,300. Improvements to the property, however, were assessed at a total of $331,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,256
  • Garage Type: Detached
  • Garage Square Area: 1,200
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 0011 - PREDAEMS 1ST SOUTH HEART
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PERDAEMS L3,4 ALL L5 E25' B5 LOT 3 & 4 80 X 120, LOT 5 25 X 120

Ownership

  • Current Owner : FARSTVEET SHANE R
  • Current Owner 2: FARSTVEET BONNIE A
  • Previous Owner : BARANKO RICHARD M
  • Previous Owner 2: BARANKO KAY A

Neighborhood

  • School District Name: South Heart Public School District 9
  • Census Tract: 964000

Geography

  • Parcel: 45-0011-05211-000
  • Lot: 3-4,80
  • Meridian: SEC 13 TWN 139 RNG 98
  • Municipality: CITY OF GLADSTON
  • Latitude: 46.8597
  • Longitude: -102.995

    Address

  • Full Address: 302 7th St Sw
  • Address - House Number: 302
  • Street Segment Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: ND
  • City Name: South Heart
  • Zip Code: 58655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,762

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 395,009
  • High Value: 469,579
  • Low Value: 320,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $697,800
  • Market Land Value: $34,600
  • Market Improvement Value: $663,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,900
  • Assessed Land Value: $17,300
  • Assessed Improvements Value: $331,600

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11834976316
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3165309

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About South Heart



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Frequently Asked Questions

What neighborhood is 302 7th Street Southwest located in?
The 302 7th Street Southwest is a located in the neighborhood of South Heart in South Heart, South Heart.
What is the average sales price for listings in 302 7th Street Southwest?
The average sales price for units in 302 7th Street Southwest is $0 currently.

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