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1407 West Summerwood Trail

1407 West Summerwood Trail, Dilworth, MN 56529
Property in Dilworth
Sold Aug 18, 2021
$424,900
$254,460 by Gate City Bank
Mortgage Due Aug 18, 2051
Sold Jun 29, 2017
$369,900
$295,900 by Gate City Bank
Mortgage
Local assessors in Dilworth, MN have categorized 1407 West Summerwood Trail as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 12,834 square feet.

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. 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, 1407 West Summerwood Trail sold most recently in Aug 18, 2021 for a total of $424,900. Before that, the property was also sold for $369,900 in Jun 27, 2017. 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 $8,922 in taxes each year. 1407 West Summerwood Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $406,100. If we break it down further, the land itself was valued at $47,000. Improvements to the property, however, were assessed at a total of $359,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,834
  • 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: SUMMERWOOD 2ND ADD
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME SUMMERWOOD 2ND ADD LOT 003 BLOCK 001 SUBDIVISIONCD 52761

Ownership

  • Current Owner : ANDERSON TIMOTHY P
  • Previous Owner : GERVAIS BENJAMIN N
  • Previous Owner 2: GERVAIS JACQUALINE
  • Owner Before Previous Owner: KRABBENHOFT JON
  • Owner Before Previous Owner 2: KRABBENHOFT MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Moorhead Public School District
  • School Tax School District: SD2164
  • School Tax District Code 2: WATERSHED-BUFFA
  • School Tax District Code 3: CITY OF DILWORT
  • Census Tract: 030112

Geography

  • District: 52
  • Parcel: 52.761.0030
  • Block: 1
  • Lot: 3
  • Meridian: SEC 01 TWN 139 RNG 48
  • Municipality: CITY OF DILWORTH
  • Latitude: 46.8897
  • Longitude: -96.6922

    Address

  • Full Address: 1407 W Summerwood Trl
  • Address - House Number: 1407
  • Street Direction: W
  • Address - Street Name: Summerwood
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Dilworth
  • Carrier Code: R007
  • 4-Digit Zip Code: 1518
  • Zip Code: 56529

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,922

    Appraisal Valuation

  • Standard Deviation: 0.1128
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 458,103
  • High Value: 509,808
  • Low Value: 406,398

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $508,920
  • First Open Lien Mortgage Lender: GATE CITY BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $254,460
  • 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: Aug 18, 2051
  • Second Open Lien Mortgage Loan Amount: $254,460
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $406,100
  • Market Land Value: $47,000
  • Market Improvement Value: $359,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,100
  • Assessed Land Value: $47,000
  • Assessed Improvements Value: $359,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850714250
  • Current Sale Price: $424,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 819653
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Jun 27, 2017
  • Previous Sale Amount: $369,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATE CITY BANK
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $254,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: GATE CITY BANK
  • Previous Mortgage Transaction Date: Jun 29, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $295,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Dilworth



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Frequently Asked Questions

What neighborhood is 1407 West Summerwood Trail located in?
The 1407 West Summerwood Trail is a located in the neighborhood of Dilworth in Dilworth, Dilworth.
What is the average sales price for listings in 1407 West Summerwood Trail?
The average sales price for units in 1407 West Summerwood Trail is $0 currently.

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