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487 Shorewood Dr, Detroit Lakes, MN, 56501

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Baths
2,534 SqFt
$197/SqFt
House
Schools Nearby

Location

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487 Shorewood Dr, Detroit Lakes$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year Built1981
HeatingBaseboard
CoolingDuctless, Mini Split
BasementYes
WaterfrontDeeded Access
FireplaceWood Burning
MLS #6499611
StatusActive

About 487 Shorewood Dr

LIVE ON SHOREWOOD DRIVE AND PLAY ON DETROIT LAKE! Perched on this roomy lot is this 3 bedroom, 2 bath, 2534 sq ft home complete with a large lake facing 3 season room, expansive lake facing porch, covered back deck and fenced back yard. Lower-level family room with cozy fireplace, storage and tuck under garage. Home has exciting potential but is move-in ready so lake life can be yours sooner than later! Shorewood Drive is a convenient yet quiet area. Shared lake lot ownership is just around the corner allowing you lake access to Detroit Lake and ALL the amenities it has to offer. Year round living or easy weekend get-away, this is the place!

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Living Area: 2,534 SqFt

Listing Office:

  • Office Name: RE/MAX LAKES REGION

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Ductless, Mini Split

School Info

Assigned Schools Information:

  • Detroit Lakes Senior High School, Public District Grades 9-12
  • Detroit Lakes Middle School, Public District Grades 5-8
  • Rossman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Long Bridge Road to Shorewood Dr. Follow to 487 Shorewood Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $2,804
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit Lakes, MN.

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Detroit Lakes, MN

City

Med. Sold Price

$340K

Med. Price/SqFt

$183

Avg. Days On Market

26

# of Sold Homes

21

487 Shorewood Dr vs Detroit Lakes

58 DAYS ON ROCKET

+32 Days

$499,000

+$159K More

$197/SqFt

+$13 More

KEY TAKEAWAY

This property is $159K more than the Median Sold Price and $13/SqFt more than other homes in Detroit Lakes, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6499611

Listing Office:

  • Office Name: RE/MAX LAKES REGION

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Last updated on: 5/5/2024, 12:52:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2005Home Sold
$214,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,804$243,200
2020$2,750$243,200
2019$2,704$236,100
2018$2,584$222,100

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6345108
6
/10

  • Rossman Elementary School

  • 1221 Rossman Ave

  • 1.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6345109
4
/10

  • Detroit Lakes Middle School

  • 510 11th Ave

  • 2.20 miles

  • Public District Grades 5-8

High School

school-card-donut-6345110
7
/10

  • Detroit Lakes Senior High School

  • 1301 Roosevelt Ave

  • 1.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,647. The most common annual income of people living in Detroit Lakes, MN is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 487 Shorewood Dr

What is the listing price of this property?

The listing price of 487 Shorewood Dr property is $499,000.

What type of property is this?

The property 487 Shorewood Dr is a house located in Detroit Lakes, Minnesota, 56501.

Is this property for sale now?

Active Listing: 487 Shorewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 487 Shorewood Dr are:
Rossman Elementary School: GreatSchools Rating 6/10
Detroit Lakes Middle School: GreatSchools Rating 4/10
Detroit Lakes Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,804 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2005 for $214,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 487 Shorewood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 487 Shorewood Dr is 2,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 487 Shorewood Dr is 1981.

Rocket Homes›Minnesota›Becker County›Detroit Lakes›56501›487 Shorewood Dr

This home is located at 487 Shorewood Dr in Detroit Lakes, MN and zip code 56501. This 2,534 square foot home was built in 1981. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $499,000.

Detroit Lakes, MN housing market in April 2024 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. In April 2024 in Detroit Lakes, MN there were 16.1% more homes for sale than in March 2024. While the average time on the market in April 2024 was 26 days, the median list price was $340,000.

From Rocket Homes Real Estate and based on county public records data.

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