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525 1st Street Northeast

525 1st Street Northeast, Mayville, ND 58257
Property in Mayville
Sold Apr 06, 2021
$80,000
$81,000 by Mortgage Research Center Llc
Mortgage Due May 01, 2051
Sold Jun 01, 2020
$80,000
$80,000
Mortgage
This has been categorized as a residential property type.

Learn more about the property and building on this page. 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, 525 1st Street Northeast sold most recently in Mar 9, 2021 for a total of $80,000. Before that, the property was also sold for $80,000 in May 21, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 525 1st Street Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,300. If we break it down further, the land itself was valued at $4,050. Improvements to the property, however, were assessed at a total of $37,250. 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. 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.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: 0
  • 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: GUMMERS ADD
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: E 60 OF LOTS 1 & 2 & S 15 OF W 80 OF LOT 2 BLK 2 GUMMERS ADD

Ownership

  • Current Owner : MILLER TIMOTHY
  • Current Owner 2: MILLER ALEXANDRA
  • Previous Owner : RJN PROPERTIES LLP
  • Owner Before Previous Owner: RJN PROPERTIES LLP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: May-Port CG Public School District 14
  • School Tax School District: 27
  • School Tax District Code 2: 14
  • School Tax District Code 3: 2
  • Census Tract: 970200

Geography

  • Parcel: 27-0007-07378-010
  • Block: 2
  • Lot: 1
  • Municipality: MAYVILLE CITY
  • Latitude: 47.5026
  • Longitude: -97.3186

    Address

  • Full Address: 525 1st St Ne
  • Address - House Number: 525
  • Street Segment Direction: NE
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: ND
  • City Name: Mayville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1200
  • Zip Code: 58257

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 2714000200

    Appraisal Valuation

  • Standard Deviation: 0.2558
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 121,975
  • High Value: 153,186
  • Low Value: 90,763

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $81,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $82,600
  • Market Land Value: $8,100
  • Market Improvement Value: $74,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,300
  • Assessed Land Value: $4,050
  • Assessed Improvements Value: $37,250

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11834100597
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 195855
  • Previous Sale Recording Date: Jun 01, 2020
  • Previous Sale Contract Date: May 21, 2020
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $81,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 01, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Land Contract (Argmt. Of Sale)

About Mayville



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Frequently Asked Questions

What neighborhood is 525 1st Street Northeast located in?
The 525 1st Street Northeast is a located in the neighborhood of Mayville in Mayville, Mayville.
What is the average sales price for listings in 525 1st Street Northeast?
The average sales price for units in 525 1st Street Northeast is $0 currently.

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