Seller's Agent in 2024
Cory Rudnitski
RE/MAX Advantage Plus
(763) 443-2333
3 in this area
308 Total Sales
555 1st Ave NW Forest Lake, MN 55025
Estimated Value: $244,000 - $317,924
4
Beds
3
Baths
1,894
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Deck
- Hobby Room
- Patio
- No HOA
- The kitchen features windows
- 1-minute walk to Cedar Park
About This Home
As of February 2024Welcome to the heart of Forest Lake and this 4 bed, 3 bath home with character and potential. The main level features original hardwood floors and brick fireplace that welcome you on cold winter nights and an abundance of windows give this home a sunny disposition each day. Enjoy a main level full bath & bedroom with plenty of living area to spread out. The lower level offers a second fireplace, 3/4 bath and charming layout just waiting for you to bring it to life. Head upstairs to enormous opportunity! Another 3/4 bath and several bedrooms or make some changes and re-allocate the space. Owners suite maybe? With local eateries, coffer shops and pizza joints for some lake life time, along with the big box stores just down the street make it easy to tackle your to-do list. Walk to the lake, your favorite restaurants and the coffee shop. Commuting will be a breeze when you are just minutes from Hwy 35, grocery and other easy pitstops for dinner on the way home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,678
Year Built
- Built in 1951
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 75x150
- Wood Fence
- Chain Link Fence
Parking
- 2 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Hobby Room
- Utility Room
- Laundry Room
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
Outdoor Features
- Deck
- Patio
Utilities
- No Cooling
- Hot Water Heating System
Community Details
- No Home Owners Association
- Jw Houles Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 0803221210053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2023
Closed on
Feb 23, 2024
Sold by
Home Trs Llc
Bought by
Lacy Connor J and Lacy Natasha A
Seller's Agent
Cory Rudnitski
RE/MAX Advantage Plus
Buyer's Agent
Troy Martenson
Real Broker, LLC
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Views
202
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
$29,481
Avg. Annual Appreciation
6.21%
Original Mortgage
$245,410
Outstanding Balance
$241,065
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$41,416
Purchase Details
Closed on
Dec 5, 2023
Sold by
Home Sfr Borrower Llc
Bought by
Home Trs Llc
Purchase Details
Closed on
Sep 30, 2016
Sold by
Home Sfr Borrower Llc
Bought by
Home Sfr Borrowers Llc
Purchase Details
Closed on
May 13, 2013
Sold by
The Bank Of New York Mellon
Bought by
Msr I Assets Company Llc
Purchase Details
Closed on
Aug 27, 2012
Sold by
Mcneil Andrew
Bought by
The Bank Of New York Mellon
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 |
|---|---|---|---|
| Lacy Connor J | $253,000 | None Listed On Document | |
| Home Trs Llc | $500 | None Listed On Document | |
| Home Sfr Borrowers Llc | -- | None Available | |
| Msr I Assets Company Llc | $114,100 | Servicelink | |
| The Bank Of New York Mellon | $176,726 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lacy Connor J | $245,410 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $253,000 | +1.2% | $134 / Sq Ft |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- |
| 01/18/2024 01/18/24 | Price Changed | $249,900 | -7.4% | $132 / Sq Ft |
| 12/13/2023 12/13/23 | For Sale | $269,900 | -- | $143 / 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 | $2,880 | $281,400 | $85,000 | $196,400 |
| 2023 | $2,880 | $264,100 | $84,000 | $180,100 |
| 2022 | $2,408 | $261,800 | $81,000 | $180,800 |
| 2021 | $2,358 | $203,700 | $63,000 | $140,700 |
| 2020 | $3,074 | $197,000 | $63,000 | $134,000 |
| 2019 | $3,068 | $191,300 | $63,000 | $128,300 |
| 2018 | $2,128 | $166,400 | $53,000 | $113,400 |
| 2017 | $1,940 | $161,100 | $53,000 | $108,100 |
| 2016 | $1,884 | $146,600 | $42,000 | $104,600 |
| 2015 | $1,774 | $152,300 | $42,000 | $110,300 |
| 2013 | -- | $135,100 | $40,300 | $94,800 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Rudnitski
-
Jessica Rudnitski
Seller Co-Listing Agent in 2024
Jessica Rudnitski
RE/MAX Advantage Plus
(763) 251-9525
3 in this area
320 Total Sales
-
Troy Martenson
Buyer's Agent in 2024
Troy Martenson
Real Broker, LLC
(612) 308-3395
2 in this area
108 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6468242
APN: 08-032-21-21-0053
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