NOT LISTED FOR SALE

55 7th St SW Forest Lake, MN 55025

Estimated Value: $215,000 - $263,000

2 Beds
1 Bath
1,030 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $87,500 $85 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,467/month

7 Days on Market

About This Home

As of April 2014

Great 1st time or investor rental. Quaint one and half story close to town and shopping. Newer roof, newer Andersen windows, newer furnace and hot water heater. Could use a little paint and Tlc but great potential.

Last Agent to Sell the Property

Bob Muske

RE/MAX Synergy Listed on: 03/31/2014

Co-Listed By

Christopher Hoyt

RE/MAX Synergy

Last Buyer's Agent

Todd Lewandowski

Red Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • 1948

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x200
  • Few Trees

Parking

  • Driveway

Home Design

  • 1,030 Sq Ft Home
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Additional Features

  • Range
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0803221240035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 700
  • Parcel Number: 0803221240035
  • Projected Closed Date: 04/17/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 4: Kitchen, 11x7, On Level: Main
  • Room 5: Bedroom, 10x9, On Level: Main
  • Room 6: Bedroom, 9x8, On Level: Main
  • Basement Features: Drainage System, Sump Pump
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1030
  • Total Fin Square Footage: 1030

Exterior Features

  • Exterior: Brick, Stucco, Vinyl
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 50x200
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Mans Marilyn E and Marilyn E Mans Irrevocable Tru
Bought by
Brodtmann Kimberly and Brodtmann Nathan
Current Estimated Value
$232,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,960
Outstanding Balance
$100,256
Interest Rate
2.65%
Mortgage Type
Stand Alone Second
Estimated Equity
$132,302

Purchase Details

Closed on
May 29, 2015
Sold by
Irrevocable Mans Marilyn E and Irrevocable Marilyn E Dahlblom
Bought by
Mans Marlyin E and Marilyn E Mans Irrevocable Tru

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 17, 2014
Sold by
Ziehl Dennis Dennis
Seller's Agent
Bob Muske
RE/MAX Synergy
Buyer's Agent
Todd Lewandowski
Red Key Realty
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
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
Brodtmann Kimberly $168,000 Titlesmart Inc
Mans Marlyin E -- None Available
-- $87,500 --
Brodtmann Kimberly Kimberly $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brodtmann Kimberly $162,960
Closed Brodtmann Kimberly $162,960
Previous Owner Ziehl Dennis R $92,800
Closed Brodtmann Kimberly Kimberly $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $87,500 -2.7% $85 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $89,900 -- $87 / 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 $2,068 $212,800 $80,000 $132,800
2023 $2,068 $202,100 $79,000 $123,100
2022 $1,584 $198,100 $77,100 $121,000
2021 $1,814 $154,200 $60,000 $94,200
2020 $1,710 $151,400 $62,000 $89,400
2019 $1,540 $140,400 $57,000 $83,400
2018 $1,440 $123,600 $50,000 $73,600
2017 $1,438 $120,100 $50,000 $70,100
2016 $1,240 $112,400 $45,000 $67,400
2015 $1,160 $99,500 $37,000 $62,500
2013 -- $88,400 $35,300 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4596480

REALTOR® Association of Southern Minnesota

APN: 08-032-21-24-0035