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305 5th Street East

305 5th Street East, Horace, ND 58047
Property in Horace
Sold Aug 15, 2022
$255,000
Seller
$250,381 by Caliber Homes Loans Inc
Mortgage Due Sep 01, 2052
Sold Jun 20, 2016
$179,200
$173,824 by Town & Country Bank & Trust Co
Mortgage Due Jul 01, 2046
Local assessors in Horace, ND have categorized 305 5th Street East as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 5,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 305 5th Street East has a total of 901 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 650 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 305 5th Street East was last sold in Aug 12, 2022 for $255,000. According to our calculations, that's $283.02 per sqft. Prior to that sales transaction, the property was sold for $179,200 in Jun 17, 2016. Current property owners are expected to pay $4,819 in taxes per year. The property on 305 5th Street East was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $116,800. To break that down further, the land itself was valued at $17,850. While improvements to the property were assessed at a total of $98,950. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Floating floor/laminate
  • Basement Type: Full basement
  • Basement Area: 650
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Total Building Area: 901
  • Building Area: 901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 901
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE VIEW
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 18 BLOCK: 1 ADDITION: PRAIRIE VIEW ADDITION ADDITIONAL: LOT 18 BLK 1 PRAIRIE VIEW ADDN **6-22-15 PLAT FRM

Ownership

  • Current Owner : RONNING NICOLE
  • Previous Owner : LINMAN
  • Previous Owner 2: JILL
  • Owner Before Previous Owner: L T D CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Fargo Public School District 6
  • School Tax School District: S006
  • Census Tract: 040503

Geography

  • District: 15
  • Parcel: 15-0860-00180-000
  • Block: 1
  • Lot: 18
  • Municipality: HORACE CITY
  • Latitude: 46.759
  • Longitude: -96.8981

    Address

  • Full Address: 305 5th St E
  • Address - House Number: 305
  • Street Segment Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: ND
  • City Name: Horace
  • Carrier Code: R003
  • 4-Digit Zip Code: 3503
  • Zip Code: 58047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,819

    Appraisal Valuation

  • Standard Deviation: 0.1455
  • Valuation Date: May 31, 2023
  • Confidence Score: 82
  • Final Value: 263,493
  • High Value: 301,848
  • Low Value: 225,139

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $260,611
  • First Open Lien Mortgage Lender: CALIBER HOMES LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 15, 2022
  • First Open Lien Mortgage Loan Amount: $250,381
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Mar 31, 2023
  • Second Open Lien Mortgage Loan Amount: $10,230
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $233,600
  • Market Land Value: $35,700
  • Market Improvement Value: $197,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,800
  • Assessed Land Value: $17,850
  • Assessed Improvements Value: $98,950

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Transaction ID: 11894430180
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1672924
  • Previous Sale Recording Date: Jun 20, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $179,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOMES LOANS INC
  • First Mortgage Transaction Date: Aug 15, 2022
  • First Mortgage Loan Amount: $250,381
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TOWN & COUNTRY BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 20, 2016
  • Previous Mortgage Loan Amount: $173,824
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Horace



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Frequently Asked Questions

What neighborhood is 305 5th Street East located in?
The 305 5th Street East is a located in the neighborhood of Horace in Horace, Horace.
What is the average sales price for listings in 305 5th Street East?
The average sales price for units in 305 5th Street East is $0 currently.

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