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306 4th Avenue

306 4th Avenue, Velva, ND 58790
Property in Velva
Sold Jun 01, 2023
$147,500
Sold May 28, 2019
$169,800
$135,800 by Town & Country Cu
Mortgage Due Jun 01, 2049
306 4th Avenue has been categorized by the local assessors in Velva, ND as a residential type of property. The area measurement of the land has been determined as 11,488 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. 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, 306 4th Avenue sold most recently in Jun 1, 2023 for a total of $147,500. Before that, the property was also sold for $169,800 in May 24, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,034 in taxes each year. 306 4th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,650. If we break it down further, the land itself was valued at $11,250. Improvements to the property, however, were assessed at a total of $57,400. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,488
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VELVA-PETTERSONS 5TH ADD
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: VELVA-PETTERSONS 5TH ADD S1/2 LOT 6 BLK 2

Ownership

  • Current Owner : TOBIN JAMES
  • Current Owner 2: TOBIN SUSAN
  • Previous Owner : RITTEMAN BLAKE
  • Previous Owner 2: RITTEMAN MEGAN
  • Owner Before Previous Owner: HENDRICKSON LYLE
  • Owner Before Previous Owner 2: HENDRICKSON ELIZABETH
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Velva Public School District 1
  • Census Tract: 955900

Geography

  • District: 5512000001
  • Parcel: 55000710862003
  • Block: 2
  • Lot: 6
  • Municipality: VELVA CITY
  • Latitude: 48.0614
  • Longitude: -100.934

    Address

  • Full Address: 306 4th Ave W
  • Address - House Number: 306
  • Street Segment Direction: W
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Velva
  • Carrier Code: R002
  • 4-Digit Zip Code: 7130
  • Zip Code: 58790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,034

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 124,284
  • High Value: 181,107
  • Low Value: 67,460

    Market Valuation

  • Market Total Value: $137,300
  • Market Land Value: $22,500
  • Market Improvement Value: $114,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,650
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $57,400

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11909711656
  • Current Sale Price: $147,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 332304
  • Previous Sale Recording Date: May 28, 2019
  • Previous Sale Contract Date: May 24, 2019
  • Previous Sale Amount: $169,800
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TOWN & COUNTRY CU
  • Previous Mortgage Transaction Date: May 28, 2019
  • Previous Mortgage Loan Amount: $135,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Velva



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Frequently Asked Questions

What neighborhood is 306 4th Avenue located in?
The 306 4th Avenue is a located in the neighborhood of Velva in Velva, Velva.
What is the average sales price for listings in 306 4th Avenue?
The average sales price for units in 306 4th Avenue is $0 currently.

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