567 2nd Ave NW Forest Lake, MN 55025
Estimated payment $1,485/month
Highlights
- Very Popular Property
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- No HOA
- Living Room
- 2-minute walk to Cedar Park
About This Home
Charming Home in Prime Forest Lake Location – Great Investment or First Home Opportunity!
This 3 bed 2 bath home is set on a quiet street with a fully fenced, private backyard, offering both privacy and convenience. Whether you're a first-time buyer looking to build equity or an investor searching for a rental-ready property, this one checks all the boxes.
Features include main floor bedroom and bathroom and updated primary bathroom on the upper level. Recent updates include a brand-new dishwasher (2024) and Central Air added in 2019—comfort and functionality already in place. Within walking distance to shopping, restaurants, parks and lake AND easy access to I35 for commuters.
This a great chance to get into a desirable neighborhood at a value price and add your personal touch. With great bones, a spacious lot, and unbeatable location, this home is full of potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,294
Year Built
- Built in 1900
Lot Details
- 10,411 Sq Ft Lot
- Lot Dimensions are 130x80
- Property is Fully Fenced
- Additional Parcels
Parking
- 2 Car Garage
Interior Spaces
- 1,252 Sq Ft Home
- 2-Story Property
- Living Room
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Houles Jw Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0803221210018
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,284 | $231,000 | $85,000 | $146,000 |
| 2023 | $2,284 | $216,400 | $84,000 | $132,400 |
| 2022 | $1,740 | $213,900 | $81,000 | $132,900 |
| 2021 | $1,722 | $166,400 | $63,000 | $103,400 |
| 2020 | $1,722 | $163,100 | $63,000 | $100,100 |
| 2019 | $1,562 | $160,700 | $63,000 | $97,700 |
| 2018 | $1,400 | $145,500 | $53,000 | $92,500 |
| 2017 | $1,330 | $139,000 | $53,000 | $86,000 |
| 2016 | $1,268 | $126,900 | $42,000 | $84,900 |
| 2015 | $1,182 | $98,300 | $33,200 | $65,100 |
| 2013 | -- | $83,600 | $30,400 | $53,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $245,000 | -2.0% | $196 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $250,000 | -3.8% | $200 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $260,000 | +94.0% | $208 / Sq Ft |
| 04/25/2014 04/25/14 | Sold | $134,000 | +3.2% | $107 / Sq Ft |
| 03/26/2014 03/26/14 | Pending | -- | -- | -- |
| 03/14/2014 03/14/14 | For Sale | $129,900 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $146,000 | Realstar Title | |
| Warranty Deed | $134,000 | Title Recording Svcs | |
| Foreclosure Deed | $42,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,700 | New Conventional | |
| Previous Owner | $127,300 | New Conventional |
Source: NorthstarMLS
MLS Number: 6764142
APN: 08-032-21-21-0018
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