Seller's Agent in 2023
Bob Muske
RE/MAX
(612) 919-3353
50 in this area
123 Total Sales
7041 N Shore Trail N Forest Lake, MN 55025
Estimated Value: $1,153,000 - $1,396,956
3
Beds
3.5
Baths
4,330
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- 122 Feet of Waterfront
- Lake View
- Deck
- Heated In Ground Pool
- 74,052 Sq Ft lot
- 1 Fireplace
About This Home
As of July 2023Rare opportunity to own one of the most sought after waterfront estates on Forest Lake. Introducing 7041 North Shore Trail. Seldom does a lake home of this distinction become available on demanding Forest Lake. Sprawling over 1.7 acres of lush grounds sits this 4300+ sq foot custom 2 story that is set up for the perfect lake living lifestyle. Open main floor layout that flaunts amazing sunny southern exposure water views from many of the main living spaces. You will love the upper-level layout offering 3 bedrooms including a primary suite that has everything you could dream of, including a private lakeside balcony with a large private bathroom with use of granite and custom tile. Got toys? This place has you covered, between the 2 heated garages, there is enough space for 5+ cars and or all the toys. Not only does this estate have 122' of sandy beach lakeshore, it has a beautiful in-ground pool encompassed by beautiful paver patios that's just amazing for the lakeshore lifestyle!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,709
Year Built
- Built in 1923
Lot Details
- 1.7 Acre Lot
- Lot Dimensions are 122x616x121x615
- 122 Feet of Waterfront
- Lake Front
- Property has an invisible fence for dogs
- Partially Fenced Property
Parking
- 5 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Home Office
- Home Gym
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Partial Basement
- Natural lighting in basement
Outdoor Features
- Heated In Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Well
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0403221120020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
Jul 24, 2023
Sold by
Rabino Didier and Rabino Ellen
Bought by
Schoonveld Michael and Schoonveld Kay
Seller's Agent
Bob Muske
RE/MAX Synergy
Buyer's Agent
Jason Schmidt
Edina Realty, Inc.
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Views
208
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
-$26,511
Avg. Annual Appreciation
-0.58%
Original Mortgage
$726,200
Outstanding Balance
$711,491
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$596,887
Purchase Details
Listed on
Apr 27, 2023
Closed on
Jul 17, 2023
Sold by
Rabino Didier and Rabino Ellen
Bought by
Schoonveld Michael and Schoonveld Kay Cheri
Seller's Agent
Bob Muske
RE/MAX Synergy
Buyer's Agent
Jason Schmidt
Edina Realty, Inc.
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Views
208
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$711,491
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$596,887
Purchase Details
Closed on
Oct 13, 2017
Sold by
Brenk Thomas V and Brenk Patty M
Bought by
Rabino Didier and Rabino Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 26, 2013
Closed on
Jul 31, 2013
Sold by
Hallberg Dana Gene and Hallberg Keriann
Bought by
Brenk Thomas V and Brenk Patty M
Seller's Agent
Christopher Hoyt
RE/MAX Synergy
Buyer's Agent
Heather Knutson
Keller Williams Premier Realty
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 26, 2013
Closed on
Jul 29, 2013
Sold by
Hallberg Eugene C and Johnson Dianne K
Bought by
Hallberg Dana Gene and Hallberg Dana
Seller's Agent
Christopher Hoyt
RE/MAX Synergy
Buyer's Agent
Heather Knutson
Keller Williams Premier Realty
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 26, 2013
Closed on
Jul 26, 2013
Sold by
Hallberg Stacy Ann and Hallberg Stacy A
Bought by
Hallberg Dana Gene and Hallberg Dana G
Seller's Agent
Christopher Hoyt
RE/MAX Synergy
Buyer's Agent
Heather Knutson
Keller Williams Premier Realty
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2000
Sold by
Hallberg Eugene C
Bought by
Hallberg Dana Gene
Purchase Details
Closed on
May 7, 1997
Sold by
Kolbow Ronald G and Kolbow Mary Jo
Bought by
Hallberg Dana Gene and Hallberg Stacy Ann
Purchase Details
Closed on
Jan 15, 1997
Sold by
Kolbow Ronald G and Kolbow Mary Jo
Bought by
Hallberg Dana Gene and Hallberg Stacy Ann
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 |
|---|---|---|---|
| Schoonveld Michael | $1,325,000 | -- | |
| Schoonveld Michael | $1,325,000 | Titlesmart | |
| Rabino Didier | $875,000 | Title Werks Llc | |
| Brenk Thomas V | $750,000 | Liberty Title Inc | |
| Hallberg Dana Gene | $350,000 | Liberty Title Inc | |
| Hallberg Dana Gene | -- | Liberty Title Inc | |
| Hallberg Dana Gene | $350,000 | -- | |
| Hallberg Dana Gene | $230,000 | -- | |
| Hallberg Dana Gene | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schoonveld Michael | $726,200 | |
| Closed | Schoonveld Michael | $726,200 | |
| Previous Owner | Rabino Didier | $656,250 | |
| Previous Owner | Brenk Thomas V | $417,000 | |
| Closed | Hallberg Dana Gene | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2023 07/24/23 | Sold | $1,325,000 | -5.0% | $306 / Sq Ft |
| 05/29/2023 05/29/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $1,395,000 | +86.0% | $322 / Sq Ft |
| 07/31/2013 07/31/13 | Sold | $750,000 | 0.0% | $172 / Sq Ft |
| 07/15/2013 07/15/13 | Pending | -- | -- | -- |
| 06/26/2013 06/26/13 | For Sale | $750,000 | -- | $172 / 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 | $15,024 | $1,213,300 | $686,900 | $526,400 |
| 2023 | $15,024 | $1,217,200 | $686,900 | $530,300 |
| 2022 | $11,712 | $1,118,100 | $615,300 | $502,800 |
| 2021 | $11,032 | $904,000 | $495,000 | $409,000 |
| 2020 | $11,282 | $847,700 | $450,000 | $397,700 |
| 2019 | $12,088 | $852,100 | $446,000 | $406,100 |
| 2018 | $10,780 | $890,800 | $503,600 | $387,200 |
| 2017 | $11,454 | $826,600 | $468,400 | $358,200 |
| 2016 | $10,528 | $823,900 | $458,400 | $365,500 |
| 2015 | $9,558 | $763,700 | $422,500 | $341,200 |
| 2013 | -- | $752,700 | $425,700 | $327,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Muske
-
Chris Hoyt
Seller Co-Listing Agent in 2023
Chris Hoyt
RE/MAX
(651) 982-1256
48 in this area
111 Total Sales
-
Jason Schmidt
Buyer's Agent in 2023
Jason Schmidt
Edina Realty, Inc.
(651) 226-7333
1 in this area
203 Total Sales
-
C
Seller's Agent in 2013
Christopher Hoyt
RE/MAX
-
H
Buyer's Agent in 2013
Heather Knutson
Keller Williams Premier Realty
Map
Source: NorthstarMLS
MLS Number: 6359768
APN: 04-032-21-12-0020
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