NOT LISTED FOR SALE

21018 Karoline Ct N Forest Lake, MN 55025

Estimated Value: $729,000 - $991,000

1.14 Acres
$759,732 Price per Acre
49,658 Sq Ft Lot

Last Sold September 05, 2014

Last sale price $121,600

Est. 612% increase in value since last sale

Current estimated payment $5,381/month

133 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1.14 Acre Lot
  • Agricultural
  • 350 Feet of Waterfront
  • Cul-De-Sac
  • Many Trees

About This Lot

As of September 2014

Forest Lake access lots 30 minutes from 3M, Medtronics & both downtowns. Build your dream home with a maintained dock on the lake in this custom neighborhood, Forest Hills Farm. Wooded lots allow for privacy while location offers all the conveniences.

Last Agent to Sell the Property

Daniel Desrochers

Coldwell Banker Burnet Listed on: 04/25/2014

Co-Listed By

Isaac Johnson

Coldwell Banker Burnet

Last Buyer's Agent

Daniel Desrochers

Coldwell Banker Burnet Listed on: 04/25/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,960

Lot Details

  • 1.14 Acre Lot
  • 350 Feet of Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Sloped Lot
  • Many Trees
  • 16 Lots in the community
  • Finished Lot(s)

HOA Fees

  • $42 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Private Company Owned Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1303221340042

Community Details

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$8,960

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 1303221340042
  • Projected Closed Date: 09/08/2014
  • Taxes With Assessments: 1556
  • Estimated Number of Acres: 1.14
  • Additional Information: Easements
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Dead End/No Outlet, Paved, Sidewalk
  • Restricted To These Builders: Plan ARC Approval
  • Topography: Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 2270.93
  • Waterfront Name: Forest
  • Water Frontage: 350
  • Waterfront Description: Deeded Access

Utilities

  • On Site Utilities: Cable Tv, Electric, Natural Gas, Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 500

Schools

  • School District: Forest Lake #831

Lot Info

  • Lot/Land Description: Cul de Sac, Tree Coverage - Heavy, Paved Streets
  • Total Lots Available: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Worcester Benjamin T
Bought by
Roberts Blake and Roberts Shavaughan
Current Estimated Value
$866,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$16,036
Interest Rate
2.8%
Mortgage Type
Closed End Mortgage
Estimated Equity
$948,870

Purchase Details

Listed on
Apr 25, 2014
Closed on
Sep 5, 2014
Sold by
Forest Hills Llc
Bought by
Worcester Benjamin T
Seller's Agent
Daniel Desrochers
Coldwell Banker Burnet
Buyer's Agent
Daniel Desrochers
Coldwell Banker Burnet
List Price
$152,000
Sold Price
$121,600
Premium/Discount to List
-$30,400
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%

Purchase Details

Closed on
Jun 12, 2013
Sold by
Meadowcroft Homes Llc
Bought by
Forest Hills Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roberts Blake $600,000 Titlesmart Inc
Worcester Benjamin T $121,600 Custom Home Builders Title
Forest Hills Llc -- Custom Home Builders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roberts Blake $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $121,600 -20.0% --
08/06/2014 08/06/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $152,000 -- --
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 $8,960 $760,000 $226,100 $533,900
2023 $8,960 $732,500 $213,100 $519,400
2022 $69 $721,800 $200,400 $521,400
2021 $7,194 $566,700 $160,900 $405,800
2020 $7,002 $583,400 $205,900 $377,500
2019 $6,814 $562,100 $180,900 $381,200
2018 $6,146 $539,700 $170,800 $368,900
2017 $5,372 $510,700 $145,800 $364,900
2016 $3,060 $420,400 $95,800 $324,600
2015 $1,540 $105,800 $105,800 $0
2013 -- $101,600 $101,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4615725

REALTOR® Association of Southern Minnesota

APN: 13-032-21-34-0042