NOT LISTED FOR SALE

16448 Potomac St NE Forest Lake, MN 55025

Estimated Value: $417,000 - $446,000

3 Beds
1 Bath
1,708 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $380,000 $222 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,689/month

35 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • No HOA
  • 217,800 Sq Ft lot
  • Recreation Room
  • The kitchen features windows

About This Home

As of October 2022

5 Acres of your own personal paradise! Are you looking for privacy to enjoy peaceful mornings with wildlife views? Maybe you have extra toys to store, want a workshop or you want to bow hunt on your own property? Maybe it’s a mixture of everything with a convenient location? Whatever it may be, this property is for you. The oversized 2 car garage was recently built with a steel roof and perfect to add a shop area too.. The 48 x 30 pole barn has plenty of space for all your extra toys. Enjoy grilling on the deck while watching ducks swim in the private pond. Warm yourself by the fire in the family room while dinner cooks in the kitchen. Read and enjoy great conversations in the living room until it’s time to head to bed. New septic system 2019.

Last Agent to Sell the Property

Jonas Stomberg

Keller Williams Select Realty Listed on: 09/03/2022

Keller Williams Select Realty

Last Buyer's Agent

Paige Vadnais

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 1958

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 328x619x328x618
  • Home fronts a pond

Parking

  • 10 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Recreation Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 163222110004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,417

Year Built

Built in 1958

Lot Details

0

Parking

10

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 10
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1444
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • FoundationDimensions: 44x26
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Full, Partially Finished, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 1708
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 264
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck, Recreation Room, Utility Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Other Structures: Pole Building
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Gravel, Concrete
  • Garage Square Feet: 832
  • ParkingOpen: 8
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 328x619x328x618
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 163222110004
  • Tax Annual Amount: 3417
  • TaxWithAssessments: 3418.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 31, 2022
Sold by
Radtke Beverly
Bought by
Hugger Joseph
Seller's Agent
Jonas Stomberg
Keller Williams Select Realty
Buyer's Agent
Paige Vadnais
RE/MAX Results
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Current Estimated Value
$432,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,144
Original Mortgage
$304,000
Outstanding Balance
$294,614
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hugger Joseph $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hugger Joseph $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $380,000 +1.3% $222 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $375,000 -2.6% $220 / Sq Ft
09/22/2022 09/22/22 Price Changed $385,000 -3.8% $225 / Sq Ft
09/03/2022 09/03/22 For Sale $400,000 -- $234 / 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 $4,071 $373,800 $170,200 $203,600
2024 $4,071 $371,400 $170,200 $201,200
2023 $3,577 $363,700 $160,500 $203,200
2022 $3,417 $325,500 $112,500 $213,000
2021 $3,418 $282,100 $102,800 $179,300
2020 $3,540 $264,100 $94,000 $170,100
2019 $3,211 $270,200 $109,600 $160,600
2018 $2,917 $233,900 $0 $0
2017 $2,966 $222,100 $0 $0
2016 $2,579 $199,100 $0 $0
2015 -- $199,100 $83,500 $115,600
2014 -- $180,100 $77,500 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253322

NorthstarMLS

APN: 16-32-22-11-0004