Sold Dec 30, 2021
$250,000
Seller
$225,000
Mortgage
Sold Nov 06, 2020
$210,000
Seller
$168,000
by First National Bank
Mortgage Due Dec 01, 2050
Local assessors in Deer River, MN have categorized 54794 Rainbow Road as a residential type of property.
The home was built in 1953 and is 71 years old.
The property's lot size has been calculated to be 94,090 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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.
If we look only at the heated or air conditioned part of the building, then 54794 Rainbow Road has a total of 984 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 30, 2021 for $250,000. That's $254.07 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2020 for $210,000. 54794 Rainbow Road was last assessed in 2022. The total value of the property was assessed at $304,900. Specifically, the land the property is located on was valued at $211,900. While improvements on the property were assessed at a total of $93,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,604. 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. 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.
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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 30, 2021 for $250,000. That's $254.07 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2020 for $210,000. 54794 Rainbow Road was last assessed in 2022. The total value of the property was assessed at $304,900. Specifically, the land the property is located on was valued at $211,900. While improvements on the property were assessed at a total of $93,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,604. 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. 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.