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515 1st Avenue South

515 1st Avenue South, Grand Forks, ND 58201
Property in Grand Forks
Local assessors in Grand Forks, ND have categorized 515 1st Avenue South as a commercial type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 8,094 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 550 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 1st Avenue South has a total of 3,456 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. The property was last sold in Mar 31, 2022 for $407,500. That's $117.91 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2021 for $330,000. 515 1st Avenue South was last assessed in 2023. The total value of the property was assessed at $97,000. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $77,000. 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 $3,420. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,094
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,456
  • Gross Building Area: 3,456
  • Building Area: 3,456
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: RENEWAL RESUBDIVISION NO. 4
  • Land Acres: 0.186
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: 515 1ST AVE S LOT 1 BLK 14

Ownership

  • Current Owner : MOLU LLC
  • Previous Owner : CALDAK PROPERTIES LLC
  • Owner Before Previous Owner: COPPER APARTMENTS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grand Forks Public School District 1
  • Census Tract: 010600

Geography

  • District: 44
  • Parcel: 44281000022000
  • Block: 14
  • Lot: 1
  • Municipality: GRAND FORKS
  • Latitude: 47.9213
  • Longitude: -97.0329

    Address

  • Full Address: 515 1st Ave S
  • Address - House Number: 515
  • Street Segment Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Grand Forks
  • Carrier Code: C001
  • 4-Digit Zip Code: 4584
  • Zip Code: 58201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,420
  • Tax Rate Code Area: 4405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,625
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $305,625
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $194,000
  • Market Land Value: $40,000
  • Market Improvement Value: $154,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $77,000

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11889357555
  • Current Sale Price: $407,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 824331
  • Previous Sale Recording Date: Mar 26, 2021
  • Previous Sale Contract Date: Mar 25, 2021
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Apr 01, 2022
  • First Mortgage Loan Amount: $305,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST STATE BANK
  • Previous Mortgage Transaction Date: Mar 26, 2021
  • Previous Mortgage Loan Amount: $247,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Grand Forks



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Frequently Asked Questions

What neighborhood is 515 1st Avenue South located in?
The 515 1st Avenue South is a located in the neighborhood of Grand Forks in Grand Forks, Grand Forks.
What is the average sales price for listings in 515 1st Avenue South?
The average sales price for units in 515 1st Avenue South is $0 currently.

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