NOT LISTED FOR SALE

1032 5th St SE Forest Lake, MN 55025

Estimated Value: $293,000 - $362,000

4 Beds
2 Baths
1,344 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1032 5th St SE, Forest Lake, MN 55025 and is currently estimated at $325,387, approximately $242 per square foot. 1032 5th St SE is a home located in Washington County with nearby schools including Forest Lake Elementary School, Forest Lake Area Middle School, and Forest Lake Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Mercer Michael R and Michael R Mercer Revocable Tru
Bought by
Thebert Joseph J
Current Estimated Value
$325,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Outstanding Balance
$216,760
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$108,627

Purchase Details

Closed on
Nov 10, 2015
Bought by
Mercer Michael Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
3.8%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Dec 12, 2013
Sold by
Freedom Mortgage Corporation
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 19, 2013
Sold by
Geyer Marlow L and Ecklund Stephanie
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Nov 7, 2008
Sold by
Wells Fargo Bank Na
Bought by
Ecklund Stephanie and Geyer Marlow L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,153
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2005
Sold by
Runk James E and Runk Sheryl Lee
Bought by
Poseley Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2002
Sold by
Hearn Eric
Bought by
Runk James F

Purchase Details

Closed on
Apr 27, 2001
Sold by
Carr Trina R
Bought by
Heard Eric

Purchase Details

Closed on
Aug 7, 1998
Sold by
Wathen David Allen and Wathen Therisa Marie
Bought by
Carr Trina R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thebert Joseph J $250,000 Titlesmart Inc
Mercer Michael Michael $115,500 --
The Secretary Of Housing & Urban Develop -- None Available
Freedom Mortgage Corporation $97,780 None Available
Ecklund Stephanie $105,000 --
Poseley Karen $220,000 --
Runk James F $144,500 --
Heard Eric $146,000 --
Carr Trina R $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thebert Joseph J $242,500
Previous Owner Mercer Michael R $25,000
Previous Owner Mercer Michael Richard $92,400
Previous Owner Mercer Michael Michael $92,400
Previous Owner Geyer Marlow L $97,595
Previous Owner Ecklund Stephanie $96,153
Previous Owner Poseley Karen $176,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,038 $302,700 $85,000 $217,700
2023 $3,038 $308,900 $110,000 $198,900
2022 $2,642 $288,300 $82,200 $206,100
2021 $2,416 $244,900 $64,000 $180,900
2020 $2,470 $223,100 $78,000 $145,100
2019 $2,238 $209,500 $68,000 $141,500
2018 $2,048 $185,400 $60,000 $125,400
2017 $2,126 $176,500 $57,000 $119,500
2016 $1,870 $166,200 $50,000 $116,200
2015 -- $150,300 $45,000 $105,300
2013 -- $105,500 $32,500 $73,000
Source: Public Records

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