1505 47th Loop Southeast

1505 47th Loop Southeast has been categorized by the local assessors in Minot, ND as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1505 47th Loop Southeast has 916 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 800 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 3,502 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 300 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of asphalt. In terms of heating, it is utilizing a gas heating system. The property was last sold in Mar 15, 2019 for $215,000. That's $176.81 per sqft. 1505 47th Loop Southeast was last assessed in 2023. The total value of the property was assessed at $110,500. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $95,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,548. The initial tax year of delinquency was in 2018. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.