NOT LISTED FOR SALE

7089 N Shore Trail N Forest Lake, MN 55025

Estimated Value: $1,515,000

5 Beds
4 Baths
5,685 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,525,000 $268 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,547/month

Highlights

  • 94 Feet of Waterfront
  • Family Room with Fireplace
  • Bonus Room
  • 59,677 Sq Ft lot
  • Hearth Room
  • No HOA

About This Home

As of October 2022

Welcome to this 2021 designer-updated home offering expansive views of Forest Lake. The bright new kitchen boasting custom cabinetry, Corian countertops, and high-end appliances opens to the cozy hearth room with stone fireplace and stunning views. Step outside to the covered, elevated porch, just steps to your dock. Entertain in the separate dining room w/custom redwood wine closet. The primary bdrm includes a spa-like bathroom and luxurious shower. The lower level renovation includes a custom stone floor-to-ceiling fireplace, heated wood-tile floors, wet bar, 3 more bdrms - 2 with adjoining full baths, sauna, and 2nd laundry perfect for the beach. Take the 3-level elevator to your finished bonus room w/wood-paneled vaulted ceilings and lots of natural light. Don’t miss the addtl heated 4-car garage to store your boat/lake toys. Top it off w/in-ground sprinkler system, sandy beach, and fire pit and you're move-in ready to enjoy the MN summer on the lake!

Last Agent to Sell the Property

Joseph Maselter

Fuze Real Estate Listed on: 07/25/2022

Co-Listed By

Michael Dilks

DRG

Last Buyer's Agent

David Brandner

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,229

Year Built

  • Built in 2005

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 91x755x93x740
  • 94 Feet of Waterfront
  • Lake Front

Parking

  • 8 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Bonus Room
  • Game Room

Kitchen

  • Hearth Room
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Basement Storage

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Filtration System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0403221110026

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,229

Year Built

Built in 2005

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 8
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 3408
  • Water Body Name: Forest
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drainage System, Finished, Full, Storage Space, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Wood Burning
  • Living Area: 5685
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2277
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Hearth Room, Laundry, Game Room, Porch, Bonus Room

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • PoolFeatures: None
  • View: Lake, Panoramic, South
  • Other Structures: Additional Garage, Boat House
  • Lake Acres: 2270
  • Lake Bottom: Soft,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 94

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 1056

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Porch,Panoramic View,Sauna,Security System,Skylight,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 91x755x93x740
  • Lot Size Sq Ft: 59677.2
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board, Other, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0403221110026
  • Tax Annual Amount: 13229
  • TaxWithAssessments: 13232.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Oct 12, 2022
Sold by
Kniffin Anne and Kniffin David
Bought by
Brandon J Hager Living Trust
Seller's Agent
Joseph Maselter
Fuze Real Estate
Buyer's Agent
David Brandner
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%
Current Estimated Value
$1,515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,000

Purchase Details

Closed on
Aug 11, 2022
Sold by
Kniffin Anne and Kniffin David
Bought by
Smith Caleb

Purchase Details

Closed on
Feb 10, 2020
Sold by
Sweeney Patrick J and Sweeney Susan C
Bought by
Kniffin Anne and Kniffin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2012
Closed on
Feb 14, 2013
Bought by
Sweeney Patrick Patrick
Seller's Agent
Bruce Fagan
Edina Realty, Inc.
Buyer's Agent
R. Kevin Marois
Keller Williams Premier Realty
List Price
$715,000
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2012
Sold by
Klinge Ann W
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 22, 2000
Sold by
Mample John T and Mample Janet L
Bought by
Hursh Stephen K and Hursh Nancy C
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
Brandon J Hager Living Trust $1,525,000 All American Title
Smith Caleb -- All American Title
Kniffin Anne $1,070,000 Multiple
Sweeney Patrick Patrick $715,000 --
Wells Fargo Bank National Association $1,085,134 None Available
Hursh Stephen K $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kniffin Anne $425,000
Previous Owner Sweeney Patrick Patrick $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,525,000 -7.6% $268 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $1,650,000 +130.8% $290 / Sq Ft
02/15/2013 02/15/13 Sold $715,000 0.0% $148 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $715,000 -- $148 / 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
2021 $14,512 $1,098,900 $471,200 $627,700
2020 $12,428 $999,200 $426,200 $573,000
2019 $12,234 $929,700 $422,200 $507,500
2018 $0 $964,900 $474,500 $490,400
2017 $13,270 $925,700 $439,900 $485,800
2016 $12,308 $940,100 $430,400 $509,700
2015 $11,300 $886,400 $395,100 $491,300
2013 -- $850,900 $398,000 $452,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6240013

NorthstarMLS

APN: 04-032-21-11-0026