NOT LISTED FOR SALE

16045 Potomac St NE Forest Lake, MN 55025

Estimated Value: $690,000 - $706,352

3 Beds
2.5 Baths
3,772 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $675,000 $179 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,444/month

18 Days on Market

Highlights

  • Multiple Garages
  • 1 Fireplace
  • Stainless Steel Appliances
  • 228,690 Sq Ft lot
  • No HOA
  • 8 Car Attached Garage

About This Home

As of August 2023

Pride in ownership shines throughout this custom 3 bed, 3 bath, one-level country home on 5 acres. This home is stunningly beautiful from the moment you walk in, with its artistic wood accent wall, and open floor plan main level with vaulted ceiling and floor-to-ceiling stone fireplace in the living room. The home features a spacious formal dining area and updated kitchen with white cabinetry and stainless steel fridge. The main level laundry room is convenient to the bedrooms. The private primary suite includes an en-suite bathroom and closet. The large lower level entertainment space with a wet bar is perfect for entertaining. There is plenty of room to store all of your toys with over 2500+ sq ft worth of storage space in the basement as well as two out-buildings with room for at least 8 cars! Too many features to name them all! Come see it today!

Last Agent to Sell the Property

Christian Peterson

Lakes Sotheby's International Brokerage Phone: 612-269-1902 Listed on: 06/20/2023

Lakes Sotheby's International

Co-Listed By

Amy Peterson

Lakes Sotheby's International Brokerage Phone: 612-269-1902

Last Buyer's Agent

Burke Bolstad

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1965

Lot Details

  • 5.25 Acre Lot
  • Lot Dimensions are 296x627x296x627

Parking

  • 8 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 153222320004

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1965

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 8
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 2743
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-269-1902
  • Attribution Contact: 612-269-1902
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Gas
  • Living Area: 3772
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1029
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Informal Dining Room, Dining Room, Foyer, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Storage, Utility Room, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Other Structures: Additional Garage, Shed(s), Pole Building, Workshop
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio,Porch,Rear Porch

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Floor Drain, Garage Door Opener, Multiple Garages
  • Garage Square Feet: 2836

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 296x627x296x627
  • Lot Size Sq Ft: 228690
  • Land Lease: No
  • Lot Features: Suitable for Horses, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 153222320004
  • Tax Annual Amount: 788
  • TaxWithAssessments: 7878.6800

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pearce Scott $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $675,000 0.0% $179 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $675,000 -- $179 / 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
2025 $7,515 $645,300 $188,500 $456,800
2024 $7,515 $635,700 $188,500 $447,200
2023 $7,879 $728,300 $177,700 $550,600
2022 $7,737 $667,200 $124,400 $542,800
2021 $7,547 $596,400 $113,600 $482,800
2020 $7,851 $560,400 $103,800 $456,600
2019 $7,129 $574,600 $121,100 $453,500
2018 $6,471 $503,200 $0 $0
2017 $5,400 $473,500 $0 $0
2016 $4,266 $351,800 $0 $0
2015 -- $351,800 $92,100 $259,700
2014 -- $308,900 $85,500 $223,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6389724

NorthstarMLS

APN: 15-32-22-32-0004