175 1st St NE Forest Lake, MN 55025
Estimated Value: $302,000 - $356,000
2
Beds
1
Bath
928
Sq Ft
$354/Sq Ft
Est. Value
About This Home
This home is located at 175 1st St NE, Forest Lake, MN 55025 and is currently estimated at $328,655, approximately $354 per square foot. 175 1st St NE is a home located in Washington County with nearby schools including Forest Lake Elementary School, Forest Lake Area Middle School, and Forest Lake Area High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2024
Sold by
Merryfield Rick and Bunker Debra
Bought by
Raley Rhonda R and Helmen Kevin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$261,924
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$66,731
Purchase Details
Closed on
Aug 24, 2022
Sold by
Conrad Arlene L
Bought by
Merryfield Rick and Bunker Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.54%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 7, 2022
Sold by
Estate Of Arlene L Conrad
Bought by
Merryfield Rick and Bunker Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2015
Sold by
Buxton Lawrence D and Buxton Sara Phyllis
Bought by
Conrad Arlene L
Purchase Details
Closed on
Jul 29, 2005
Sold by
Verbout Julie A and Verbout Bradley T
Bought by
Buxton Lawrence D and Buxton Sara Phyllis
Purchase Details
Closed on
Apr 19, 2000
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Verbout Julie A and Verbout Bradley T
Purchase Details
Closed on
Dec 16, 1996
Sold by
Holland Allan A and Holland Chrys E
Bought by
Pyle Randy N and Pyle Martha A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raley Rhonda R | $330,000 | Titlesmart | |
| Merryfield Rick | $277,003 | None Listed On Document | |
| Merryfield Rick | $277,000 | -- | |
| Conrad Arlene L | $170,000 | Casterton Title & Closing | |
| Buxton Lawrence D | $240,000 | -- | |
| Verbout Julie A | $95,000 | -- | |
| Pyle Randy N | $89,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raley Rhonda R | $264,000 | |
| Previous Owner | Merryfield Rick | $220,000 | |
| Previous Owner | Merryfield Rick | $257,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,952 | $286,900 | $160,000 | $126,900 |
| 2023 | $2,952 | $281,000 | $163,000 | $118,000 |
| 2022 | $2,630 | $276,300 | $157,700 | $118,600 |
| 2021 | $2,606 | $222,500 | $127,000 | $95,500 |
| 2020 | $2,626 | $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 | $1,914 | $164,300 | $90,000 | $74,300 |
| 2013 | -- | $164,900 | $90,700 | $74,200 |
Source: Public Records
Map
Nearby Homes