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8559 North Shore Trail North

8559 North Shore Trail North, Forest Lake, MN 55025
Property in Forest Lake
Sold Apr 28, 2016
$490,000
$250,000 by United Wholesale Mortgage
Mortgage Due May 01, 2046
Sold Nov 15, 2012
$432,000
$410,400 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2042
8559 North Shore Trail North has been categorized by the local assessors in Forest Lake, MN as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8559 North Shore Trail North has 2,226 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 13,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 708 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of a combination of material. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 8559 North Shore Trail North sold most recently in Apr 22, 2016 for a total of $490,000. If you work out the math, that's approximately a cost of $220.13 per sqft. Before that, the property was also sold for $432,000 in Nov 5, 2012. 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 $8,380 in taxes each year. 8559 North Shore Trail North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $689,000. If we break it down further, the land itself was valued at $390,300. Improvements to the property, however, were assessed at a total of $298,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 708
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,226
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 11 TOWNSHIP 032 RANGE 021 PT GOV LOT 4 WHICH LIES SLY OF C/L HWY #2 DESC AS FOLLS: COM NW COR GOV LT 5 SD SEC THN

Ownership

  • Current Owner : LEHMAN FREDRICK E
  • Current Owner 2: LEHMAN CYNTHIA A
  • Previous Owner : DEWIT SCOTT P
  • Owner Before Previous Owner: STOIBER LAURA M
  • 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: 11-032-21-31-0002
  • Lot: 4
  • Meridian: SEC 11 TWN 32N RNG 21W
  • Municipality: CITY OF FOREST LAKE
  • Latitude: 45.2726
  • Longitude: -92.9324

    Address

  • Full Address: 8559 N Shore Trl N
  • Address - House Number: 8559
  • Street Segment Direction: N
  • Street Direction: N
  • Address - Street Name: Shore
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Forest Lake
  • Carrier Code: R005
  • 4-Digit Zip Code: 8344
  • Zip Code: 55025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,380
  • Tax Rate Code Area: 2501 831 C

    Appraisal Valuation

  • Standard Deviation: 0.1348
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 84
  • Final Value: 745,494
  • High Value: 846,059
  • Low Value: 644,929

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 28, 2016
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: May 01, 2046

    Market Valuation

  • Market Total Value: $689,000
  • Market Land Value: $390,300
  • Market Improvement Value: $298,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $689,000
  • Assessed Land Value: $390,300
  • Assessed Improvements Value: $298,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: Apr 28, 2016
  • Current Sale Transaction ID: 1525525516
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1240098
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Contract Date: Nov 05, 2012
  • Previous Sale Amount: $432,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 28, 2016
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Nov 15, 2012
  • Previous Mortgage Loan Amount: $410,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2042

About Forest Lake



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Frequently Asked Questions

What neighborhood is 8559 North Shore Trail North located in?
The 8559 North Shore Trail North is a located in the neighborhood of Forest Lake in Forest Lake, Forest Lake.
What is the average sales price for listings in 8559 North Shore Trail North?
The average sales price for units in 8559 North Shore Trail North is $0 currently.

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