NOT LISTED FOR SALE

520 8th St SW Forest Lake, MN 55025

Estimated Value: $273,000 - $319,000

2 Beds
1 Bath
1,141 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $100,000 $88 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,812/month

277 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of October 2013

Excellent opportunity to own and pay less than rent. Nice, clean home with all living on one level. Offers open floor plan. Walkout to back yard and patio. Detached 2 car garage and privacy fence. Nice home-worth seeing.

Last Agent to Sell the Property

Kevin Folkerts

Edina Realty, Inc. Listed on: 11/15/2012

Last Buyer's Agent

John Palomino

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1981

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x134
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0803221320034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.21
  • Assessment Balance: 3
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 805
  • Parcel Number: 0803221320034
  • Potential Short Sale: Yes
  • Projected Closed Date: 10/11/2013
  • Stories: 1 Story
  • Taxes With Assessments: 1274
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x18, On Level: Main
  • Room 2: Dining Room, 14x10, On Level: Main
  • Room 3: Family Room, 19x12, On Level: Main
  • Room 4: Kitchen, 10x10, On Level: Main
  • Room 5: Bedroom, 14x10, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 9: Foyer, 6x5, On Level: Main
  • Room 10: Patio, 24x11, On Level: Main
  • Finished Above Grade Sq Ft: 1141
  • Total Fin Square Footage: 1141

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 70x134
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2012
  • Tax Value: 1271

MLS Schools

  • School District: Forest Lake #831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2012
Closed on
Sep 25, 2013
Sold by
Snicale Jonathan S and Snicale Wendy S
Bought by
Moreno Roberto
Seller's Agent
Kevin Folkerts
Edina Realty, Inc.
Buyer's Agent
John Palomino
Bridge Realty, LLC
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$289,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,519
Avg. Annual Appreciation
9.51%
Original Mortgage
$98,188
Outstanding Balance
$73,726
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$215,793

Purchase Details

Closed on
Nov 29, 2005
Sold by
Palmquist Kerry J
Bought by
Snicale Jonathan S and Hatlestad Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,565
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2002
Sold by
Nelson Derek T and Nelson Candice Jo
Bought by
Palmquist Kerry J
Source: Public Records

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Range of Values:

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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
Moreno Roberto $100,000 Titlesmart Inc
Snicale Jonathan S $185,500 --
Palmquist Kerry J $158,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Roberto $98,188
Previous Owner Snicale Jonathan S $181,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $100,000 0.0% $88 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $100,000 -- $88 / Sq Ft
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 $2,392 $240,200 $80,000 $160,200
2023 $2,392 $219,900 $78,000 $141,900
2022 $1,752 $214,900 $70,700 $144,200
2021 $1,728 $167,400 $55,000 $112,400
2020 $1,762 $163,500 $55,000 $108,500
2019 $1,672 $163,800 $55,000 $108,800
2018 $1,488 $153,800 $55,000 $98,800
2017 $1,368 $145,800 $50,000 $95,800
2016 $1,242 $129,800 $37,000 $92,800
2015 $1,194 $99,400 $27,700 $71,700
2013 -- $81,700 $22,600 $59,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kevin Folkerts

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    John Palomino

    Bridge Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4417921

REALTOR® Association of Southern Minnesota

APN: 08-032-21-32-0034

Minnesota Washington County Forest Lake 55025

520 8th St SW, Forest Lake, MN

This home is located at 520 8th St SW, Forest Lake, MN 55025 since 15 November 2012 and is currently estimated at $289,519, approximately $253 per square foot. This property was built in 1981. 520 8th St SW is a home located in Washington County with nearby schools including Forest View Elementary School, Forest Lake Area Middle School, and Forest Lake Area High School.

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