41 1st St SE Forest Lake, MN 55025
Estimated Value: $404,093 - $592,000
2
Beds
2
Baths
1,750
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Lake Front
- Beach
- 1 Fireplace
- Dock Facilities
- Loft
- 2-minute walk to Lake Side Park
About This Home
As of September 2022Rare opportunity to own a two bedroom, end unit, townhome on beautiful Forest Lake! Enjoy just over 300' of private shoreline shared by only the 12 homeowners in the association. Maintenance free living with one dock slip included in the low association fee. Large deck and balcony give you plenty of outdoor space to enjoy the lake views! And large sliding glass doors in the sunroom give you ample opportunity to enjoy the lake views from inside as well! Loft with skylight makes it nice and bright upstairs. You are also located right next to Lakeside Park so you can walk to all the city events held there...and enjoy the fireworks from the comfort of your own home...NO traffic to deal with! Also easy walking to shops and restaurants. This location can not be beat!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,482
Year Built
- Built in 1984
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 25x70
- Lake Front
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
Interior Spaces
- 1,750 Sq Ft Home
- 1 Fireplace
- Living Room
- Loft
Bedrooms and Bathrooms
- 2 Bedrooms
Additional Features
- Dock Facilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0803221140011
Community Details
Overview
- Association fees include beach access, maintenance structure, dock, trash, lawn care
- West Port Home Owners Association, Phone Number (612) 202-8866
- West Port Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2022
Sold by
Barbara J Hoff Revocable Living Trust
Bought by
Selander Michael C
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
$393,750
Outstanding Balance
$383,104
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$136,169
Purchase Details
Listed on
Jun 30, 2022
Closed on
Sep 23, 2022
Sold by
Barbara J Hoff Revocable Living Trust
Bought by
Selander Michael
Seller's Agent
Bryan Henke
Meta Realty
Buyer's Agent
Jason Brown
Edina Realty, Inc.
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$393,750
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2006
Sold by
Bann Mary R and Bann Michael
Bought by
Hoff Barbara J and Hoff Kenneth L
Similar Homes in the area
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 |
|---|---|---|---|
| Selander Michael C | $525,000 | Edina Realty Title | |
| Selander Michael | $525,000 | -- | |
| Hoff Barbara J | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selander Michael C | $393,750 | |
| Previous Owner | Selander Michael | $393,750 | |
| Previous Owner | Barbara J Hoff Revocable Living Trust | $150,000 | |
| Previous Owner | Bann Mary R | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2022 09/23/22 | Sold | $525,000 | +5.0% | $300 / Sq Ft |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 06/30/2022 06/30/22 | For Sale | $500,000 | -- | $286 / 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 | $4,322 | $403,400 | $190,000 | $213,400 |
| 2023 | $4,322 | $397,700 | $197,000 | $200,700 |
| 2022 | $3,554 | $371,300 | $173,900 | $197,400 |
| 2021 | $3,482 | $300,800 | $140,000 | $160,800 |
| 2020 | $3,480 | $290,900 | $140,000 | $150,900 |
| 2019 | $3,400 | $285,800 | $130,000 | $155,800 |
| 2018 | $3,104 | $273,300 | $130,000 | $143,300 |
| 2017 | $2,976 | $259,000 | $125,000 | $134,000 |
| 2016 | $2,876 | $232,800 | $100,000 | $132,800 |
| 2015 | $2,616 | $224,700 | $95,000 | $129,700 |
| 2013 | -- | $212,000 | $95,700 | $116,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Henke
Seller's Agent in 2022
Bryan Henke
Meta Realty
(763) 221-1786
1 in this area
261 Total Sales
-
Brad Sand
Seller Co-Listing Agent in 2022
Brad Sand
Fathom Realty MN, LLC
(651) 271-2217
1 in this area
158 Total Sales
-
Jason Brown
Buyer's Agent in 2022
Jason Brown
Edina Realty, Inc.
(612) 834-9229
1 in this area
26 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6229495
APN: 08-032-21-14-0011
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