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615 25th Avenue South

615 25th Avenue South, Grand Forks, ND 58201
Property in Grand Forks
Sold Dec 21, 2020
$239,900
$191,920 by First Class Mtg 3 Inc
Mortgage Due Dec 21, 2050
615 25th Avenue South in Grand Forks, ND was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 615 25th Avenue South has 2,091 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,152 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 10,576 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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, 615 25th Avenue South sold most recently in Dec 18, 2020 for a total of $239,900. If you work out the math, that's approximately a cost of $206.28 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 $3,903 in taxes each year. 615 25th Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,000. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $99,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,152
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,576
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,163
  • Gross Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITE CLOVER SUBDIVISION
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 615 25TH AVE. S. LOT 8 B02

Ownership

  • Current Owner : LU CHUN F
  • Previous Owner : SORLIEN ROBERT J
  • Previous Owner 2: SORLIEN SHIRLEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grand Forks Public School District 1
  • Census Tract: 011100

Geography

  • District: 44
  • Parcel: 44330600040000
  • Lot: 8
  • Municipality: GRAND FORKS
  • Latitude: 47.8956
  • Longitude: -97.0347

    Address

  • Full Address: 615 25th Ave S
  • Address - House Number: 615
  • Street Segment Direction: S
  • Address - Street Name: 25th
  • Address - Suffix Type: Ave
  • State: ND
  • City Name: Grand Forks
  • Carrier Code: C026
  • 4-Digit Zip Code: 7435
  • Zip Code: 58201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,903
  • Tax Rate Code Area: 4405

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 292,093
  • High Value: 338,462
  • Low Value: 245,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,920
  • First Open Lien Mortgage Lender: FIRST CLASS MTG 3 INC
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $191,920
  • 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: Dec 21, 2050

    Market Valuation

  • Market Total Value: $246,000
  • Market Land Value: $48,000
  • Market Improvement Value: $198,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,000
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $99,000

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11810353537
  • Current Sale Price: $239,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 809093

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CLASS MTG 3 INC
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $191,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Grand Forks



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Frequently Asked Questions

What neighborhood is 615 25th Avenue South located in?
The 615 25th 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 615 25th Avenue South?
The average sales price for units in 615 25th Avenue South is $0 currently.

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