NOT LISTED FOR SALE

5324 245th St Forest Lake, MN 55025

Estimated Value: $346,000 - $423,057

3 Beds
2 Baths
1,575 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $340,000 $216 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,446/month

5 Days on Market

Highlights

  • 102,322 Sq Ft lot
  • No HOA
  • 4 Car Attached Garage
  • Bonus Room
  • Porch
  • Living Room

About This Home

As of January 2024

Nice 2.35 acres. Detached 2 car garage was newly built. Have to see it before judge it.

Last Agent to Sell the Property

Karson Xiong

TruHomes Realty LLC Listed on: 12/15/2023

Last Buyer's Agent

Hongkong Vang

Partners Realty Inc.

Partners Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1980

Lot Details

  • 2.35 Acre Lot
  • Lot Dimensions are 312x327

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 211064300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1025
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Living Area: 1575
  • Fireplace: No
  • Below Grade Finished Sq Ft: 550
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 312x327
  • Lot Size Sq Ft: 102322.44
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 211064300
  • Tax Annual Amount: 4309
  • TaxWithAssessments: 4534.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jan 12, 2024
Sold by
Xiong Philip and Yang Yer
Bought by
Pang Thao
Seller's Agent
Karson Xiong
TruHomes Realty LLC
Buyer's Agent
Hongkong Vang
Partners Realty Inc.
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Views
58
Current Estimated Value
$374,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,767
Avg. Annual Appreciation
5.62%
Original Mortgage
$340,000
Outstanding Balance
$335,533
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$34,961

Purchase Details

Closed on
Sep 12, 2018
Sold by
Minnesota Holding Co Llc
Bought by
Xiong Philip Rhee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2018
Sold by
Minnesota Hldg Co Llc
Bought by
Xiong Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2018
Sold by
Tipton Todd Warren Est
Bought by
Minnesota Hldg Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pang Thao $340,000 --
Xiong Philip Rhee $186,000 --
Xiong Philip R $186,000 --
Minnesota Hldg Co Llc $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pang Thao $340,000
Previous Owner Xiong Philip Rhee $148,800
Previous Owner Xiong Philip R $148,800
Previous Owner Minnesota Hldg Co Llc $152,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $340,000 0.0% $216 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/16/2023 12/16/23 For Sale $339,900 -- $216 / 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
2023 $4,732 $368,800 $0 $0
2022 $4,732 $340,400 $0 $0
2021 $3,768 $264,900 $0 $0
2020 $3,752 $253,300 $70,200 $183,100
2019 $3,572 $0 $0 $0
2018 $3,786 $0 $0 $0
2017 $3,758 $0 $0 $0
2016 $2,928 $0 $0 $0
2015 $2,682 $0 $0 $0
2014 -- $161,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karson Xiong

    TruHomes Realty LLC

    (651) 298-9700

    1 in this area

    47 Total Sales

    Section Image
  • Hongkong Vang

    Buyer's Agent in 2024

    Hongkong Vang

    Partners Realty Inc.

    (651) 788-6372

    1 in this area

    72 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6469322

NorthstarMLS

APN: 21-10643-00

Minnesota Chisago County Forest Lake 55025

5324 245th St, Forest Lake, MN

This home is located at 5324 245th St, Forest Lake, MN 55025 since 15 December 2023 and is currently estimated at $395,014, approximately $250 per square foot. This property was built in 1980. 5324 245th St is a home located in Chisago County with nearby schools including Columbus Elementary School, Forest Lake Area Middle School, and Forest Lake Area High School.

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