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7554 North Shore Circle North

7554 North Shore Circle North, Forest Lake, MN 55025
House in Forest Lake
Sold Jul 02, 2020
$470,000
$376,000 by Bell Bank
Mortgage Due Jul 01, 2035
Sold Nov 07, 2016
$390,000
$240,000 by Ideal Cu
Mortgage Due Nov 01, 2046
7554 North Shore Circle North in Forest Lake, MN was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7554 North Shore Circle North has 1,862 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. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7554 North Shore Circle North sold most recently in Jun 19, 2020 for a total of $470,000. If you work out the math, that's approximately a cost of $252.42 per sqft. Before that, the property was also sold for $390,000 in Oct 28, 2016. 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 $7,330 in taxes each year. 7554 North Shore Circle North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $608,400. If we break it down further, the land itself was valued at $388,600. Improvements to the property, however, were assessed at a total of $219,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.

Building Features

Exterior

Wood Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,862
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING'S FOREST HILLS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME KING'S FOREST HILLS LOT 9 BLOCK 1 SUBDIVISIONCD 81415

Ownership

  • Current Owner : PAYNE ANITRA
  • Current Owner 2: ANDERSON DOUG
  • Previous Owner : KELLEY CAROLINA V
  • Previous Owner 2: KELLEY TERRANCE M
  • Owner Before Previous Owner: R&R COMPANIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Lake Public School District
  • School Tax School District: FOREST LAKE
  • Census Tract: 070105

Geography

  • District: 0600
  • Parcel: 10-032-21-32-0006
  • Block: 1
  • Lot: 9
  • Meridian: SEC 10 TWN 32N RNG 21W
  • Municipality: CITY OF FOREST LAKE
  • Latitude: 45.2741
  • Longitude: -92.9557

    Address

  • Full Address: 7554 N Shore Cir N
  • Address - House Number: 7554
  • Street Segment Direction: N
  • Street Direction: N
  • Address - Street Name: Shore
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Forest Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 8753
  • Zip Code: 55025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,330
  • Tax Rate Code Area: 2501 831 C

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 611,095
  • High Value: 705,778
  • Low Value: 516,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $376,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $608,400
  • Market Land Value: $388,600
  • Market Improvement Value: $219,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $608,400
  • Assessed Land Value: $388,600
  • Assessed Improvements Value: $219,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770931556
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1266614
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Oct 28, 2016
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $376,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: IDEAL CU
  • Previous Mortgage Transaction Date: Nov 07, 2016
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Forest Lake



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Frequently Asked Questions

What neighborhood is 7554 North Shore Circle North located in?
The 7554 North Shore Circle North is a house located in the neighborhood of Forest Lake in Forest Lake, Forest Lake.
What is the average sales price for listings in 7554 North Shore Circle North?
The average sales price for units in 7554 North Shore Circle North is $0 currently.

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