50365 Shorewood Circle

50365 Shorewood Circle has been categorized by the local assessors in Rush City, MN as a residential type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 50365 Shorewood Circle has 1,214 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 36,155 square feet.

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 garage for those who require parking. The garage measured 1,214 sqft. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 50365 Shorewood Circle was last sold in Oct 14, 2016 for $253,000. According to our calculations, that's $208.40 per sqft. Current property owners are expected to pay $4,900 in taxes per year. The property on 50365 Shorewood Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $419,600. To break that down further, the land itself was valued at $151,300. While improvements to the property were assessed at a total of $268,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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.