NOT LISTED FOR SALE

16806 Potomac St NE Forest Lake, MN 55025

Estimated Value: $515,709 - $581,000

2 Beds
2.5 Baths
1,930 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $540,000 $280 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,440/month

Highlights

  • Home fronts a pond
  • No HOA
  • The kitchen features windows
  • 836,352 Sq Ft lot
  • Walk-In Pantry
  • 1-Story Property

About This Home

As of October 2022

19.2 Acres of private country living, rare opportunity same owner for 35 years.
Come and see this meticulously maintained home that features 2 Bedrooms 3 Bathrooms 2 plus car garage 2 separate storage sheds, pond all on 19.2 Acres.
This secluded rambler offers amazing one level living within an open floor plan. Updates include; New septic system, professionally painted house and garage, composite overlay on the back deck overlooking private back yard. The front covered porch is a wonderful place to enjoy your morning coffee.
The kitchen features upper end appliances, custom kitchen cabinets, granite counter tops, subway backsplash, under cabinet accent lighting, new tile flooring, six panel solid core doors. Newer furnace and a/c, Kinetico whole house water filter. Schmidt security/fire alarm recently upgraded. Easy access to 35E and 35w. Come and see for yourself all that this truly special property has to offer.

Last Agent to Sell the Property

Scott Ebel

LPT Realty, LLC Listed on: 08/31/2022

LPT Realty, LLC

Last Buyer's Agent

David Hitchcock

Pro Flat Fee Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1982

Lot Details

  • 19.2 Acre Lot
  • Home fronts a pond

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093222410002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,218

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1930
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1930
  • Fireplace: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Pantry (Walk-In), Laundry
  • SqFtTotal: 1930.00

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Dog Kennel, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Asphalt, Heated Garage
  • Garage Square Feet: 560

Utilities

  • Heating: Forced Air
  • Sewer: Holding Tank, Mound Septic, Private Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,Panoramic View,Satelite Dish,Security System,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 836352
  • Lot Size Sq Ft: 836352
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 093222410002
  • Tax Annual Amount: 4218
  • TaxWithAssessments: 4218.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 27, 2022
Sold by
Adams Gayla
Bought by
Searles Benjamin and Searles Tania
Seller's Agent
Scott Ebel
LPT Realty, LLC
Buyer's Agent
David Hitchcock
Pro Flat Fee Realty LLC
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$550,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,570
Avg. Annual Appreciation
0.69%
Original Mortgage
$540,000
Outstanding Balance
$523,328
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$27,062
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
Searles Benjamin $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Searles Benjamin $540,000
Previous Owner Adams Gayla A $199,680
Previous Owner Adams Gayla A $205,000
Previous Owner Adams Dennis A $229,252
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $540,000 -1.8% $280 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $549,900 -- $285 / 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 $5,280 $472,800 $222,600 $250,200
2024 $5,280 $471,200 $225,400 $245,800
2023 $4,754 $447,000 $201,200 $245,800
2022 $4,430 $427,300 $166,300 $261,000
2021 $4,218 $359,600 $140,100 $219,500
2020 $4,052 $334,900 $126,300 $208,600
2019 $4,140 $319,500 $126,300 $193,200
2018 $3,730 $308,100 $0 $0
2017 $3,782 $290,500 $0 $0
2016 $3,570 $267,000 $0 $0
2015 $3,402 $267,000 $136,400 $130,600
2014 -- $259,900 $146,300 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6252342

NorthstarMLS

APN: 09-32-22-41-0002