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362 Grassy Hills Lane

362 Grassy Hills Lane, Grand Forks, ND 58201
Property in Grand Forks
Sold Nov 03, 2021
$400,000
$313,500 by Alerus Financial
Mortgage Due Nov 03, 2051
362 Grassy Hills Lane in Grand Forks, ND was first built in 1989 and is 35 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 362 Grassy Hills Lane has 2,371 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 1,549 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 711 ft and the linear feet between the front and back of the lot is 1,285. In total, the area measurement of the land is 9,136 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. The property was last sold in Oct 28, 2021 for $400,000. That's $255.26 per sqft. 362 Grassy Hills Lane was last assessed in 2023. The total value of the property was assessed at $203,000. Specifically, the land the property is located on was valued at $25,000. While improvements on the property were assessed at a total of $178,000. 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 $6,552. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,549
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,136
  • Lot Size Depth Feet: 1,285
  • Lot Size Frontage Feet: 711
  • Total Building Area: 1,567
  • Gross Building Area: 1,567
  • Building Area: 1,567
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,371
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUN-BEAM ADDITION
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 362 GRASSY HILLS LAN L49, REPLAT OF L C-H & J-Q B Q OF REPLAT OF B12 & REPLAT L39 B Q OF REPLAT OF L R-Z BLK Q OF REPL

Ownership

  • Current Owner : BAKKE JEFFREY J
  • Current Owner 2: BAKKE KIMBERLY R
  • Previous Owner : CORBETT RAYMOND R
  • Previous Owner 2: CORBET SHELLY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 44
  • Parcel: 44292000324004
  • Block: Q
  • Municipality: GRAND FORKS
  • Latitude: 47.8767
  • Longitude: -97.0304

    Address

  • Full Address: 362 Grassy Hills Ln
  • Address - House Number: 362
  • Address - Street Name: Grassy Hills
  • Address - Suffix Type: Ln
  • State: ND
  • City Name: Grand Forks
  • Carrier Code: C043
  • 4-Digit Zip Code: 7700
  • Zip Code: 58201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,552
  • Tax Rate Code Area: 4405

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 441,320
  • High Value: 516,438
  • Low Value: 366,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,500
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $313,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2051

    Market Valuation

  • Market Total Value: $406,000
  • Market Land Value: $50,000
  • Market Improvement Value: $356,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,000
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $178,000

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11869127401
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 820445

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS FINANCIAL
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $313,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Grand Forks



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Frequently Asked Questions

What neighborhood is 362 Grassy Hills Lane located in?
The 362 Grassy Hills Lane is a located in the neighborhood of Grand Forks in Grand Forks, Grand Forks.
What is the average sales price for listings in 362 Grassy Hills Lane?
The average sales price for units in 362 Grassy Hills Lane is $0 currently.

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