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1308 Community Loop

1308 Community Loop, Bismarck, ND 58503
Property in Hay Creek
Sold May 27, 2021
$549,900
$439,920 by First Western Bank & Trust
Mortgage Due Jun 01, 2051
Sold May 27, 2021
Transfer
Local assessors in Bismarck, ND have categorized 1308 Community Loop as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 10,875 square feet. The linear feet between the front and back of the lot was measured at 1,140 ft and the front of the lot was measured at 868 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a French Provincial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1308 Community Loop has a total of 2,130 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Residents rely on air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1308 Community Loop sold most recently in May 27, 2021 for a total of $549,900. If you work out the math, that's approximately a cost of $258.17 per sqft. 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 $7,307 in taxes each year. 1308 Community Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $280,100. If we break it down further, the land itself was valued at $54,000. Improvements to the property, however, were assessed at a total of $226,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2020
  • Effective Year Built: 2020
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: French Provincial
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,875
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 868
  • Total Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE PARK ADDITION
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERITAGE PARK ADDITION LOT 10

Ownership

  • Current Owner : RIVAS HOMERO
  • Current Owner 2: RIVAS JENNIFER SUE
  • Previous Owner : K & L HOMES INC
  • Owner Before Previous Owner: HERITAGE DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bismarck Public School District 1
  • Census Tract: 011105

Zoning

  • Zoning: R5

Geography

  • District: 10101
  • Parcel: 2250-005-045
  • Block: 5
  • Lot: 10
  • Municipality: BISMARCK
  • Latitude: 46.8696
  • Longitude: -100.809

    Address

  • Full Address: 1308 Community Loop
  • Address - House Number: 1308
  • Address - Street Name: Community
  • Address - Suffix Type: Loop
  • State: ND
  • City Name: Bismarck
  • Carrier Code: H015
  • 4-Digit Zip Code: 7432
  • Zip Code: 58503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,307

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 644,887
  • High Value: 731,564
  • Low Value: 558,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,920
  • First Open Lien Mortgage Lender: FIRST WESTERN BANK & TRUST
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $439,920
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $560,200
  • Market Land Value: $108,000
  • Market Improvement Value: $452,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,100
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11837023470
  • Current Sale Price: $549,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 924698
  • Previous Sale Recording Date: May 27, 2021
  • Previous Sale Contract Date: May 27, 2021
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST WESTERN BANK & TRUST
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $439,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Burleigh



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Frequently Asked Questions

What neighborhood is 1308 Community Loop located in?
The 1308 Community Loop is a located in the neighborhood of Hay Creek in Burleigh, Bismarck.
What is the average sales price for listings in 1308 Community Loop?
The average sales price for units in 1308 Community Loop is $0 currently.

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