NOT LISTED FOR SALE

21038 Karoline Ct N Forest Lake, MN 55025

Estimated Value: $1,159,000 - $1,269,647

6 Beds
3.5 Baths
5,055 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,125,000 $223 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,549/month

67 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Family Room with Fireplace
  • Dock Facilities
  • Lake View
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Executive home site in a neighborhood of high end homes. This home boasts the best view in the development with a breath taking western facing view across Forest Lakes 3rd Lake. Home includes association dock with your own private boat slip. Step inside this STUNNING home and you instantly notice the attention to detail in all design elements throughout the home. Main floor features high ceilings with beautiful wood floors. step out to your deck or porch to take in the amazing view and enjoy the spectacular summer nights! Upstairs shows three large bedrooms and an amusement room set up with a projector for your moving viewing pleasure or huge game room. Head down stairs to an entertainers paradise with large family room, fireplace and stunning wet bar. Also downstairs includes two bedrooms and a large exercise room room to get your workout in before hitting the lake! Step out into your fully finished, epoxied and heated garage with plenty of room for all your toys and lake stuff!

Last Agent to Sell the Property

David 'Trip' Schultz

RE/MAX Synergy Listed on: 05/21/2024

RE/MAX Synergy

Last Buyer's Agent

Nancy Ritt

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,180

Year Built

  • Built in 2018

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 164 x 199 x 106 x 200
  • Cleared Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Loft
  • Game Room
  • Home Gym
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Shared Waterfront
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1303221340038

Community Details

Overview

  • Association fees include beach access, dock
  • Forest Hills Farm 1St Add Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,180

Year Built

Built in 2018

Lot Details

0

HOA Fees

$83 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Association Amenities: Beach, Dock
  • Fee Frequency: Annually
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 3175
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Living Room
  • Living Area: 5055
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1880
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Porch, Amusement Room, Loft, Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Panoramic, West
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Covered,Deck,Enclosed,Patio,Porch,Screened,Side Porch
  • Lake Acres: 2270
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 1076

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Other
  • Association Fee: 1000
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Dock,Ethernet Wired,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Porch,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar

Association/Amenities

  • HOA Management Co: NA

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 164 x 199 x 106 x 200
  • Lot Size Sq Ft: 25264.8
  • Land Lease: No
  • Lot Features: Cleared, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1303221340038
  • Tax Annual Amount: 12180
  • TaxWithAssessments: 12180.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock, Lake View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 21, 2024
Sold by
Miller Noah
Bought by
Maroules Travis and Maroules Amber
Seller's Agent
David 'Trip' Schultz
RE/MAX Synergy
Buyer's Agent
Nancy Ritt
Coldwell Banker Realty
List Price
$1,300,000
Sold Price
$1,125,000
Premium/Discount to List
-$175,000
-13.46%
Views
72
Current Estimated Value
$1,199,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,412
Avg. Annual Appreciation
5.94%
Original Mortgage
$450,000
Interest Rate
5.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2019
Sold by
Databuild Llc
Bought by
Miller Noah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Johnson Christopher M and Johnson Jessica Jean
Bought by
Databuild Llc

Purchase Details

Closed on
May 26, 2016
Sold by
Richert Brian J and Richert Rebecca
Bought by
Johnson Christopher M and Johnson Jessica Jean

Purchase Details

Closed on
Feb 3, 2012
Sold by
Asset Ventures Fund 1 Ltd
Bought by
Richert Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Maroules Travis $1,125,000 Burnet Title
Miller Noah $799,900 Executive Title
Databuild Llc $189,900 Executive Titleq
Johnson Christopher M $145,000 Casterton Title & Closing
Richert Brian J $770,000 Casterton Title & Closing Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maroules Travis $450,000
Previous Owner Miller Noah $484,000
Previous Owner Richert Brian J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,125,000 -6.2% $223 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $1,199,900 -7.7% $237 / Sq Ft
05/24/2024 05/24/24 For Sale $1,300,000 -- $257 / 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
2024 $13,282 $1,083,000 $231,500 $851,500
2023 $13,282 $1,060,200 $218,500 $841,700
2022 $10,472 $1,035,900 $205,600 $830,300
2021 $9,672 $817,700 $165,000 $652,700
2020 $9,600 $754,100 $210,000 $544,100
2019 $3,818 $738,100 $185,000 $553,100
2018 $2,128 $307,000 $175,000 $132,000
2017 $1,408 $145,000 $145,000 $0
2016 $1,340 $90,000 $90,000 $0
2015 $12,612 $978,800 $90,000 $888,800
2013 -- $889,300 $85,700 $803,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6522446

NorthstarMLS

APN: 13-032-21-34-0038