NOT LISTED FOR SALE

168 7th St SW Forest Lake, MN 55025

Estimated Value: $257,000 - $293,803

4 Beds
1.5 Baths
1,260 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $130,000 $103 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,722/month

39 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Landscaped with Trees
  • Forced Air Heating System

About This Home

As of October 2013

Truly one of a kind home in Forest Lake. Dark Log sided Cabin exterior with a cute, cozy interior. New Furnace in 2008, new water heater and kitchen appliances. Home received Energy-Efficiency Updating 1 year ago.

Last Agent to Sell the Property

Stephen Hursh

LaBelle Real Estate Group Inc Listed on: 09/20/2013

Co-Listed By

Emily Fish

LaBelle Real Estate Group Inc

Last Buyer's Agent

Lora Bullert

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0803221240053

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.34
  • Construction: Previously Owned
  • Foundation Size: 860
  • Parcel Number: 0803221240053
  • Projected Closed Date: 10/31/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x12.5, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 4: Kitchen, 15x7, On Level: Main
  • Room 5: Bedroom, 10x9, On Level: Main
  • Room 6: Bedroom, 21x11, On Level: Upper
  • Room 7: 14x11, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1260
  • Total Fin Square Footage: 1260

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 100x150
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2013
  • Tax Value: 968

MLS Schools

  • School District: Forest Lake #831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Oct 31, 2013
Sold by
Haas Roger C
Bought by
Severin Aaron J and Severin Amanda
Seller's Agent
Stephen Hursh
LaBelle Real Estate Group Inc
Buyer's Agent
Lora Bullert
Edina Realty, Inc.
List Price
$129,000
Sold Price
$130,000
Premium/Discount to List
$1,000
0.78%
Current Estimated Value
$273,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,451
Avg. Annual Appreciation
6.60%
Original Mortgage
$127,645
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Severin Aaron J $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severin Amanda $132,000
Closed Severin Aaron J $127,645
Previous Owner Haas Roger C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $130,000 +0.8% $103 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $129,000 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,378 $238,900 $80,000 $158,900
2023 $2,378 $223,900 $79,000 $144,900
2022 $1,826 $222,500 $77,100 $145,400
2021 $1,808 $173,200 $60,000 $113,200
2020 $1,738 $169,800 $62,000 $107,800
2019 $1,538 $162,100 $57,000 $105,100
2018 $1,406 $143,800 $50,000 $93,800
2017 $1,390 $139,500 $50,000 $89,500
2016 $1,466 $131,400 $45,000 $86,400
2015 $1,530 $117,800 $37,000 $80,800
2013 -- $76,800 $25,900 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4536328

REALTOR® Association of Southern Minnesota

APN: 08-032-21-24-0053