NOT LISTED FOR SALE

7131 N Shore Trail N Forest Lake, MN 55025

Estimated Value: $927,000 - $1,161,000

2 Beds
1.5 Baths
2,083 Sq Ft
$504/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $390,000 $187 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $6,526/month

306 Days on Market

Highlights

  • Lake Front
  • Porch
  • Eat-In Kitchen
  • 1.42 Acre Lot
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2013

102 feet of south facing forest lake lakeshore on 1st lake! Year round home currently used as a summer home w/an extremely rare additional waterfront cottage! Over one & half acres of land is ready for your expansion ideas now or later.

Last Agent to Sell the Property

Bob Muske

RE/MAX Synergy Listed on: 11/01/2012

Co-Listed By

Christopher Hoyt

RE/MAX Synergy

Last Buyer's Agent

Alan Brown

Alan E Brown Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,622

Year Built

  • Built in 1951

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 102x613
  • Lake Front
  • Property fronts a county road
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Dining Room
  • Tile Flooring
  • Finished Basement
  • Walk-Out Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0403221110024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,622

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 1.42
  • Assessment Balance: 3
  • Construction: Previously Owned
  • Foundation Size: 2263
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0403221110024
  • Projected Closed Date: 10/04/2013
  • Taxes With Assessments: 6625
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 24x13, On Level: Main
  • Room 3: Family Room, 10x24, On Level: Lower
  • Room 4: Kitchen, 13x13, On Level: Main
  • Room 5: Bedroom, 11x12, On Level: Upper
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Room 9: Porch, 12x11, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1489
  • Below Grade Finished Sq Ft: 594
  • Total Fin Square Footage: 2083

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 2270.93
  • Waterfront Name: Forest
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Sewer: City
  • Water: Private

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 102x613
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2012
  • Tax Value: 6622

MLS Schools

  • School District: Forest Lake #831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Dodge Dodge Jr N P Jr N P and Dodge Serve Along With N P
Bought by
Hinze Jason and Hinze Danielle
Current Estimated Value
$1,050,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2018
Sold by
Tran Dang Dang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.52%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Tran Dang D and Tran Phough
Bought by
Tran Dang D and Tran Phough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2012
Closed on
Sep 30, 2013
Sold by
Wille Travis W and Wille Jessica W
Bought by
Tran Dang D
Seller's Agent
Bob Muske
RE/MAX Synergy
Buyer's Agent
Alan Brown
Alan E Brown Real Estate
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$351,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Central Bank
Bought by
Wille Travis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Walter Man Fredini
Bought by
Morrison Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Hinze Jason $715,000 Stewart Title
-- $775,000 --
Tran Dang D -- Burnet Title
Tran Dang D $390,000 Casterton Title & Closing
Wille Travis W $320,000 Casterton Title & Closing Co
Morrison Michael S $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinze Jason $572,000
Previous Owner -- --
Previous Owner Tran Dang D $424,100
Previous Owner Tran Dang D $351,000
Previous Owner Wille Travis W $288,000
Previous Owner Morrison Michael S $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $390,000 -2.5% $187 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $399,900 -- $192 / 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 $11,468 $947,400 $668,000 $279,400
2023 $11,468 $950,100 $668,000 $282,100
2022 $9,710 $844,800 $597,100 $247,700
2021 $9,066 $764,600 $480,300 $284,300
2020 $8,934 $712,400 $435,300 $277,100
2019 $9,182 $693,000 $431,300 $261,700
2018 $6,498 $697,300 $471,800 $225,500
2017 $6,718 $534,700 $439,400 $95,300
2016 $6,284 $521,000 $429,400 $91,600
2015 $5,520 $474,400 $395,400 $79,000
2013 -- $473,900 $398,400 $75,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bob Muske

    RE/MAX

  • C

    Seller Co-Listing Agent in 2013

    Christopher Hoyt

    RE/MAX

  • A

    Buyer's Agent in 2013

    Alan Brown

    Alan E Brown Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4414316

REALTOR® Association of Southern Minnesota

APN: 04-032-21-11-0024

Minnesota Washington County Forest Lake 55025

7131 N Shore Trail N, Forest Lake, MN

This home is located at 7131 N Shore Trail N, Forest Lake, MN 55025 since 01 November 2012 and is currently estimated at $1,050,512, approximately $504 per square foot. This property was built in 1951. 7131 N Shore Trail N is a home located in Washington County with nearby schools including Columbus Elementary School, Forest Lake Area Middle School, and Forest Lake Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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