5278 207th St N Forest Lake, MN 55025
2
Beds
1.5
Baths
1,438
Sq Ft
$375/mo
HOA Fee
Highlights
- Loft
- Patio
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- Living Room
- 4-minute walk to Summerfield Landing Park
About This Home
As of March 2025Location! This Forest Lake townhome offers 2 bedrooms and 2 bathrooms, complemented by a spacious loft and upper-level laundry facilities. The main level features beautiful hardwood flooring and a vaulted ceiling. The kitchen is generously sized, equipped with ample cabinetry and a pantry for storage with a bath nearby. The property includes an attached two-car garage and a front patio with a great view. The home is also in proximity to the 11-acre Summerfield Park, which boasts a playground, trails, and picnic areas. Conveniently located with easy access to Highway 35N. Available for a quick move-in.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,169
Year Built
- Built in 2002
Lot Details
- 1,312 Sq Ft Lot
- Lot Dimensions are 32x41x32x41
HOA Fees
- $375 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,438 Sq Ft Home
- 2-Story Property
- Living Room
- Loft
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- Association fees include maintenance structure, lawn care, ground maintenance, professional mgmt, trash, snow removal
- Park Place Landings @ Summerfield Association, Phone Number (651) 554-9949
- Landings At Summerfields 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1903221140103
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2024
Closed on
Mar 4, 2025
Sold by
Horn Reed
Bought by
Reynolds Shawn
Seller's Agent
Kari Sether
eXp Realty
Buyer's Agent
Kathleen Sund
Real Estate Masters, Ltd.
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,688
Avg. Annual Appreciation
3.95%
Original Mortgage
$230,000
Outstanding Balance
$229,810
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$2,878
Purchase Details
Closed on
Jan 22, 2021
Sold by
Barbac Llc
Bought by
Horn Reed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
2.6%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 30, 2017
Sold by
Bien Patsy L
Bought by
Barbac Llc
Purchase Details
Closed on
Apr 28, 2005
Sold by
Rankin Emily Sue and Mahlen Jason M
Bought by
Bien Patsy L
Purchase Details
Closed on
Jul 10, 2002
Sold by
Bruggeman Homes Inc
Bought by
Mahlen Jason M and Mahlen Emily S R
Similar Homes in Forest Lake, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Title Werks | |
| Warranty Deed | $210,000 | Title Werks Llc | |
| Warranty Deed | $141,084 | Liberty Title Inc | |
| Warranty Deed | $162,000 | -- | |
| Warranty Deed | $146,725 | -- | |
| Deed | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | VA | |
| Previous Owner | $206,196 | FHA | |
| Previous Owner | $90,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $74,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $30,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Closed | $205,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | Sold | $230,000 | 0.0% | $160 / Sq Ft |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | Price Changed | $230,000 | -2.1% | $160 / Sq Ft |
| 11/01/2024 11/01/24 | For Sale | $234,900 | -- | $163 / 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 | $2,216 | $231,100 | $60,000 | $171,100 |
| 2023 | $2,216 | $231,900 | $65,000 | $166,900 |
| 2022 | $1,764 | $213,500 | $46,000 | $167,500 |
| 2021 | $1,912 | $173,300 | $37,000 | $136,300 |
| 2020 | $1,916 | $164,900 | $37,000 | $127,900 |
| 2019 | $1,844 | $162,500 | $32,000 | $130,500 |
| 2018 | $1,302 | $152,700 | $32,000 | $120,700 |
| 2017 | $1,260 | $134,700 | $22,000 | $112,700 |
| 2016 | $1,330 | $124,000 | $15,000 | $109,000 |
| 2015 | $1,162 | $98,200 | $11,900 | $86,300 |
| 2013 | -- | $84,900 | $11,400 | $73,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kari Sether
Seller's Agent in 2025
Kari Sether
eXp Realty
(763) 370-5483
4 in this area
30 Total Sales
-
Stephen Sether
S
Seller Co-Listing Agent in 2025
Stephen Sether
eXp Realty
(763) 370-8826
2 in this area
14 Total Sales
-
Kathleen Sund
Buyer's Agent in 2025
Kathleen Sund
Real Estate Masters, Ltd.
(763) 242-5200
2 in this area
31 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6624883
APN: 19-032-21-14-0103
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