NOT LISTED FOR SALE

24258 Fallbrook Ave Forest Lake, MN 55025

Estimated Value: $756,000 - $880,000

4 Beds
3.5 Baths
4,920 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $787,000 $160 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,102/month

213 Days on Market

Highlights

  • Home fronts a pond
  • RV Access or Parking
  • Recreation Room
  • Multiple Garages
  • 428,718 Sq Ft lot
  • No HOA

About This Home

As of March 2023

Incredible hobby farm or home business opportunity now available! This 4 bed, 4 bath home is a one-of-a-kind property. Huge master bedroom with private rooftop balcony, his/hers walk in closets, full bathroom with shower & soaker tub. Main level offers a massive living room, office w separate entrance, laundry, 2 bedrooms, exercise room, dining room w hardwood floors and wood burning fireplace. Spacious
kitchen with SS appliances, granite countertops, gorgeous flooring and more. Lower level is an entertainers dream: custom wet bar w ice maker, beverage/wine cooler, granite, lux bathroom, game/family room, 4th bedroom, and an auto showroom/req room. Home sits on a stunning 9+ acres wooded lot with pond, garden, paved lot and 3 metal pole/garage buildings perfect for home business, storage or hobby. 4 XL (35x48) heated/cooled shop bays, bathroom, oversized doors, car-lift, engine hoist and more. Short drive to ample shopping, groceries, restaurants, coffee, parks, lake, trails and more.

Last Agent to Sell the Property

David Hitchcock

Pro Flat Fee Realty LLC Listed on: 06/24/2022

Co-Listed By

John Gapp

Pro Flat Fee Realty LLC

Last Buyer's Agent

Tony Khambata

RE/MAX Professionals

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,541

Year Built

  • Built in 1920

Lot Details

  • 9.84 Acre Lot
  • Lot Dimensions are 450x878x450x870
  • Home fronts a pond
  • Irregular Lot
  • Many Trees
  • Additional Parcels

Parking

  • 10 Car Attached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Pitched Roof
  • Metal Siding

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Iron Water Filter
  • Private Water Source
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Wildlife Estates 04 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211061800

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,541

Year Built

Built in 1920

Lot Details

0

Parking

10

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 10
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Private, Well
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2800
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Storage Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Iron Filter, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Decorative, Wood Burning
  • Living Area: 4920
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2120
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Exercise Room, Bar/Wet Bar Room, Recreation Room, Laundry, Storage
  • SqFtTotal: 4920.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • Other Structures: Additional Garage, Pole Building, Workshop, Storage Shed
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Paved, RV Access/Parking, Storage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Other,Patio,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 450x878x450x870
  • Lot Size Sq Ft: 428717.52
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy, Tree Coverage - Medium
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Stucco

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 211061800
  • Tax Annual Amount: 6541
  • TaxWithAssessments: 6916.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 31, 2023
Sold by
Miron Quinn
Bought by
Sowada Steven and Sowada Rory
Seller's Agent
David Hitchcock
Pro Flat Fee Realty LLC
Buyer's Agent
Tony Khambata
RE/MAX Professionals
List Price
$799,900
Sold Price
$787,000
Premium/Discount to List
-$12,900
-1.61%
Views
153
Current Estimated Value
$802,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,819
Avg. Annual Appreciation
1.71%
Original Mortgage
$579,703
Outstanding Balance
$561,481
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$263,396

Purchase Details

Closed on
Nov 15, 2018
Sold by
Richter Leon F
Bought by
Quinn Miron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Boss Properties Llc
Bought by
Richter Ashley M and Richter Leon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2016
Sold by
The Bank Of New York
Bought by
Precision Contracting Holidings Llc

Purchase Details

Closed on
Aug 5, 2015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sowada Steven $787,000 --
Quinn Miron $410,000 --
Richter Ashley M $305,000 Arden Title Llc
Precision Contracting Holidings Llc -- Arden Title Llc
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sowada Steven $579,703
Previous Owner Quinn Miron $32,800
Previous Owner Richter Ashley M $274,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $787,000 -1.6% $160 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
12/25/2022 12/25/22 For Sale $799,900 +1.6% $163 / Sq Ft
12/24/2022 12/24/22 Off Market $787,000 -- --
11/16/2022 11/16/22 Price Changed $799,900 -3.6% $163 / Sq Ft
09/15/2022 09/15/22 Price Changed $829,900 -1.8% $169 / Sq Ft
08/31/2022 08/31/22 Price Changed $844,900 -0.6% $172 / Sq Ft
08/04/2022 08/04/22 Price Changed $850,000 -2.8% $173 / Sq Ft
07/21/2022 07/21/22 Price Changed $874,900 -2.8% $178 / Sq Ft
06/24/2022 06/24/22 For Sale $899,900 -- $183 / 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 $10,892 $742,600 $0 $0
2023 $10,892 $762,800 $134,900 $627,900
2022 $10,518 $549,200 $111,200 $438,000
2021 $6,916 $434,700 $0 $0
2020 $6,752 $438,800 $92,500 $346,300
2019 $6,222 $0 $0 $0
2018 $5,756 $0 $0 $0
2017 $5,304 $0 $0 $0
2016 $5,522 $0 $0 $0
2015 $5,508 $0 $0 $0
2014 -- $298,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6225735

NorthstarMLS

APN: 21-10618-00