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5438 Justice Drive South

5438 Justice Drive South, Fargo, ND 58104
Property in Fargo
Sold Oct 27, 2020
$250,000
$200,000 by Gate City Bank
Mortgage Due Nov 01, 2050
Sold Jun 02, 2016
$5,056,200
$4,044,940 by First International Bank & Tru
Mortgage Due Dec 10, 2041
5438 Justice Drive South in Fargo, ND was first built in 2015 and is 9 years old. This has been categorized as a residential property type. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,399 square feet.

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, 5438 Justice Drive South sold most recently in Oct 27, 2020 for a total of $250,000. Before that, the property was also sold for $5,056,200 in Jun 1, 2016. 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 $5,799 in taxes each year. 5438 Justice Drive South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $134,300. If we break it down further, the land itself was valued at $20,900. Improvements to the property, however, were assessed at a total of $113,400. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,399
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • 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: VALLEY VIEW 5TH
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY VIEW 5TH LT 5 BLK 2 **2-12-15 REPLAT PER PLAT DOC#1438776

Ownership

  • Current Owner : DAVIS JOHN M
  • Current Owner 2: DAVIS CORA J
  • Previous Owner : OBNSTAD REAL ESTATE HOLDINGS LLC
  • Owner Before Previous Owner: THOMSEN HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Fargo Public School District 6
  • School Tax School District: S006
  • Census Tract: 040501

Zoning

  • Zoning: SR4

Geography

  • District: 1
  • Parcel: 01-8573-00240-000
  • Block: 2
  • Lot: 5
  • Municipality: FARGO CITY
  • Latitude: 46.821
  • Longitude: -96.8768

    Address

  • Full Address: 5438 Justice Dr S
  • Address - House Number: 5438
  • Street Segment Direction: S
  • Address - Street Name: Justice
  • Address - Suffix Type: Dr
  • State: ND
  • City Name: Fargo
  • Carrier Code: R025
  • 4-Digit Zip Code: 9022
  • Zip Code: 58104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,799

    Appraisal Valuation

  • Standard Deviation: 0.1141
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 88
  • Final Value: 336,758
  • High Value: 375,197
  • Low Value: 298,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: GATE CITY BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $268,600
  • Market Land Value: $41,800
  • Market Improvement Value: $226,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,300
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $113,400

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11796381596
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1610199
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $5,056,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATE CITY BANK
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST INTERNATIONAL BANK & TRU
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Loan Amount: $4,044,940
  • Previous Mortgage Term: 305
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Dec 10, 2041

About Fargo



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Frequently Asked Questions

What neighborhood is 5438 Justice Drive South located in?
The 5438 Justice Drive South is a located in the neighborhood of Fargo in Fargo, Fargo.
What is the average sales price for listings in 5438 Justice Drive South?
The average sales price for units in 5438 Justice Drive South is $0 currently.

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