NOT LISTED FOR SALE

153 1st St NE Forest Lake, MN 55025

Estimated Value: $301,000 - $327,000

2 Beds
1 Bath
936 Sq Ft
$316/mo HOA Fee

Last Sold October 03, 2023

Last sale price $308,000 $329 Per Sq Ft

Current estimated payment $2,310/month

13 Days on Market

Highlights

  • Lake Front
  • Storage Room
  • Baseboard Heating
  • Deck
  • 1-Story Property
  • 2-minute walk to Beltz Park

About This Home

As of October 2023

Beautiful West Bay Condo over looking Forest Lake. Have coffee on your deck watching the sunrise from this all on one level living 2 bed, 1 bath Condo. with an 8x18 storage space in the basement. Walking distance to nearby shops and stores. Nice beach and a dock with seasonal slip rentals available. This one will not last!

Last Agent to Sell the Property

Daniel Birdsall

LPT Realty, LLC Listed on: 08/26/2023

LPT Realty, LLC

Co-Listed By

Jeanette DuBay

LPT Realty, LLC

Last Buyer's Agent

Michael Mills

Lakes Area Realty G.V.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1983

Lot Details

  • 1.07

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Lake Front
  • Baseboard Heating

Community Details

  • Association fees include beach access, maintenance structure, cable TV, dock, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Cedar Management Association, Phone Number (763) 231-9825
  • Low-Rise Condominium
  • Condo 48 West Bay Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803221110020

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,717

Year Built

Built in 1983

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 936
  • Water Body Name: Forest
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 936
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Deck, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PatioPorchType: Deck
  • Lake Acres: 2270
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Asphalt, Parking Lot

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Cable TV, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 763-231-9825
  • Association Fee: 316
  • Association: Yes
  • Amenities Unit: Deck,Dock

Association/Amenities

  • HOA Management Co: Cedar Management

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0803221110020
  • Tax Annual Amount: 2717
  • TaxWithAssessments: 2720.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Oct 3, 2023
Sold by
Menk Jacob N
Bought by
Signorelli Thomas A
Seller's Agent
Daniel Birdsall
LPT Realty, LLC
Buyer's Agent
Michael Mills
Lakes Area Realty G.V.
List Price
$319,900
Sold Price
$308,000
Premium/Discount to List
-$11,900
-3.72%
Views
48
Current Estimated Value
$306,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,432
Avg. Annual Appreciation
0.03%
Original Mortgage
$292,600
Outstanding Balance
$287,980
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$20,172

Purchase Details

Closed on
Oct 26, 2018
Sold by
Plouff Charles J
Bought by
Menk Jacob N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,491
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 3, 2013
Closed on
Sep 25, 2013
Sold by
Larson Jerry L and Larson Gayle N
Bought by
Wang Xin Jie
Seller's Agent
Ronald Markgraf
Edina Realty, Inc.
Buyer's Agent
Khai Lim
Fish MLS Realty
List Price
$196,000
Sold Price
$168,000
Premium/Discount to List
-$28,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Source: Public Records

Range of Values:

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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
Signorelli Thomas A $308,000 None Listed On Document
Menk Jacob N $224,991 Ancona Title & Escrow
Wang Xin Jie $168,000 North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Signorelli Thomas A $292,600
Previous Owner Menk Jacob N $208,800
Previous Owner Menk Jacob N $202,491
Previous Owner Plouff Charles L $164,000
Previous Owner Larson Jerry L $115,000
Previous Owner Larson Jerry Leroy $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $308,000 -3.7% $329 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $319,900 +90.4% $342 / Sq Ft
09/25/2013 09/25/13 Sold $168,000 -14.3% $179 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $196,000 -- $209 / Sq Ft
Source: NorthstarMLS

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 $3,608 $286,900 $160,000 $126,900
2023 $3,608 $281,000 $163,000 $118,000
2022 $2,458 $276,300 $157,700 $118,600
2021 $2,430 $222,500 $127,000 $95,500
2020 $2,476 $217,700 $127,000 $90,700
2019 $2,584 $215,700 $124,000 $91,700
2018 $2,438 $207,700 $120,000 $87,700
2017 $2,192 $203,400 $120,000 $83,400
2016 $2,230 $171,400 $90,000 $81,400
2015 $1,688 $142,300 $77,900 $64,400
2013 -- $142,900 $78,600 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6424546

NorthstarMLS

APN: 08-032-21-11-0020