Seller's Agent in 2023
Julie Nash Smith
RE/MAX
7 in this area
19 Total Sales
119 Lake St N Forest Lake, MN 55025
Estimated Value: $304,162
0.21
Acre
$1,448,390
Price per Acre
9,148
Sq Ft Lot
About This Lot
As of December 2023REDEVELOPMENT OPPORTUNITY - DOWNTOWN FOREST LAKE
9000 SF LOT (50x70)
ABATEMENT HAS BEEN COMPLETED
ESTIMATE FOR BUILDING DEMO - $50-$60k
**this property is only available for sale together with 131 Lake Street or after a sale of 131 Lake Street **
Property Details
Property Type
- Land
Lot Details
- Lot Dimensions are 50x70
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- Forest Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 0803221120144
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2019
Sold by
Fladland Diane J
Bought by
Kismet Investments Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$164,512
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$139,650
Purchase Details
Closed on
Oct 24, 2019
Sold by
Fladland Dwayne Gerald
Bought by
Fladland Diane Jacqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$164,512
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$139,650
Purchase Details
Closed on
May 15, 2001
Sold by
Fladland Dwayne G
Bought by
Macalus Fred J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kismet Investments Inc | $220,000 | First American Title Ins Co | |
| Fladland Diane Jacqueline | -- | Meeker Title Services Inc | |
| Macalus Fred J | $1,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kismet Investments Inc | $187,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 12/31/2023 12/31/23 | Sold | $100,000 | -66.7% | -- |
| 07/13/2023 07/13/23 | For Sale | $300,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,728 | $223,200 | $164,000 | $59,200 |
| 2023 | $4,728 | $223,200 | $164,000 | $59,200 |
| 2022 | $3,406 | $197,600 | $164,000 | $33,600 |
| 2021 | $3,588 | $161,100 | $127,500 | $33,600 |
| 2020 | $4,950 | $160,800 | $127,500 | $33,300 |
| 2019 | $5,456 | $201,900 | $127,500 | $74,400 |
| 2018 | $5,136 | $199,300 | $113,700 | $85,600 |
| 2017 | $6,062 | $191,600 | $109,300 | $82,300 |
| 2016 | $6,018 | $191,600 | $109,300 | $82,300 |
| 2015 | $6,096 | $191,600 | $109,300 | $82,300 |
| 2013 | -- | $191,600 | $109,300 | $82,300 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Nash Smith
-
Rustam Muharamov
Buyer's Agent in 2023
Rustam Muharamov
Financially Free, LLC
(612) 444-3333
2 in this area
6 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6401451
APN: 08-032-21-12-0144
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