21485 Inwood Ave N Forest Lake, MN 55025
3
Beds
2
Baths
1,712
Sq Ft
0.57
Acres
Highlights
- Lake View
- Corner Lot
- 2 Car Attached Garage
- Deck
- No HOA
- Entrance Foyer
About This Home
As of January 2025Nestled just minutes from Forest Lake High School, this split-level home offers both convenience and potential in one of Forest Lake's most desirable areas. Though the serene view of Forest Lake is partially hidden by trees, it provides a peaceful backdrop that you'll appreciate every day. Located just minutes from local parks and only ten minutes from shopping, this home is ideal for families or investors looking to add value. Whether you’re ready to make it your own or see its potential as an investment, this property is more than ready for your vision. This home sits on nearly half an acre—a rare find at this price point—with a spacious backyard that's perfect for outdoor activities. The insulated shed in the backyard is just waiting to be transformed into your dream man cave or she-shed. While the home does need some TLC, it’s brimming with potential. With the right touch, it could become an incredible sanctuary for its next owners.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,943
Year Built
- Built in 1969
Lot Details
- 0.57 Acre Lot
- Lot Dimensions are 159 x 156
- Property is Fully Fenced
- Chain Link Fence
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
Interior Spaces
- 1,712 Sq Ft Home
- Decorative Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Lake Views
- Attic Fan
- Dryer
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Baseboard Heating
- Hot Water Heating System
- Well
Community Details
- No Home Owners Association
- Sherwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 1403221320013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2024
Closed on
Jan 14, 2025
Sold by
Steichen Nicholas Martin and Steichen Roxanne Marie
Bought by
Homepride Inc
Seller's Agent
Undreas Schwantes
Meta Realty
Buyer's Agent
Josh Savageau
Keller Williams Classic Realty
List Price
$280,000
Sold Price
$230,000
Premium/Discount to List
-$50,000
-17.86%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.02%
Similar Home in Forest Lake, MN
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | K2 Title | |
| Warranty Deed | $230,000 | K2 Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $167,564 | FHA | |
| Previous Owner | $190,272 | FHA | |
| Previous Owner | $176,750 | New Conventional | |
| Previous Owner | $190,500 | New Conventional | |
| Previous Owner | $52,200 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $148,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $367,900 | 0.0% | $205 / Sq Ft |
| 06/30/2025 06/30/25 | Off Market | $367,900 | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $367,900 | -1.9% | $205 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $374,900 | 0.0% | $209 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $374,900 | -1.3% | $209 / Sq Ft |
| 06/16/2025 06/16/25 | Off Market | $379,900 | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $379,900 | +65.2% | $212 / Sq Ft |
| 01/14/2025 01/14/25 | Sold | $230,000 | -3.2% | $134 / Sq Ft |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- |
| 12/13/2024 12/13/24 | Price Changed | $237,500 | -5.0% | $139 / Sq Ft |
| 11/27/2024 11/27/24 | Price Changed | $250,000 | -10.7% | $146 / Sq Ft |
| 11/27/2024 11/27/24 | For Sale | $280,000 | -- | $164 / Sq Ft |
Source: NorthstarMLS
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 | $3,052 | $296,000 | $90,000 | $206,000 |
| 2023 | $3,052 | $295,400 | $105,000 | $190,400 |
| 2022 | $2,690 | $292,400 | $98,900 | $193,500 |
| 2021 | $2,504 | $227,600 | $77,000 | $150,600 |
| 2020 | $2,502 | $223,800 | $79,000 | $144,800 |
| 2019 | $2,342 | $220,300 | $75,000 | $145,300 |
| 2018 | $1,872 | $203,900 | $68,000 | $135,900 |
| 2017 | $1,656 | $175,500 | $53,000 | $122,500 |
| 2016 | $1,514 | $150,700 | $40,000 | $110,700 |
| 2015 | $1,458 | $122,200 | $33,400 | $88,800 |
| 2013 | -- | $107,200 | $32,600 | $74,600 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Savageau
J
Seller's Agent in 2025
Josh Savageau
Keller Williams Classic Realty
(651) 329-7392
2 in this area
203 Total Sales
-
Undreas Schwantes
U
Seller's Agent in 2025
Undreas Schwantes
Meta Realty
(952) 243-0037
1 in this area
17 Total Sales
-
Niles Lee
N
Seller Co-Listing Agent in 2025
Niles Lee
Keller Williams Classic Realty
(763) 746-4900
31 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6581174
APN: 14-032-21-32-0013
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