NOT LISTED FOR SALE

7370 N Shore Cir N Forest Lake, MN 55025

Estimated Value: $964,000 - $1,648,980

3 Beds
3 Baths
3,914 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $1,600,000 $409 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $8,368/month

11 Days on Market

Highlights

  • 440 Feet of Waterfront
  • 55,321 Sq Ft lot
  • No HOA
  • Heated In Ground Pool
  • Deck
  • Game Room

About This Home

As of August 2023

A once in a lifetime opportunity on this amazing Kings Point custom built home situated on 3 level lake lots with over 440 feet of lakeshore. Enjoy a lifetime of entertaining and panoramic views from nearly every room with this elevator equipped luxury lakehome! There are over 45 windows with views of the lake!! Oversized 3 car heated garage, in floor heat on the main level including the garage, electronically controlled lighting and window coverings and so much more! If you have ever been out on Forest Lake in the summer, you have seen this amazing property! With over 1.25 acres, an in-ground pool, pool house with bathroom and another large storage building with cement floor for all your lake toys, this is one amazing property!

Last Agent to Sell the Property

Mark Fearing

Coldwell Banker Realty Brokerage Phone: 763-226-7127 Listed on: 06/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Mark Fearing

Coldwell Banker Realty Brokerage Phone: 763-226-7127 Listed on: 06/22/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,874

Year Built

  • Built in 2005

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 444 x 244 x 208 x 105
  • 440 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Additional Parcels

Parking

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

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Shake Siding

Interior Spaces

  • 3,914 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Stone Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Hot Water Heating System
  • Water Filtration System
  • Well

Community Details

  • No Home Owners Association
  • Kings Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1003221320018

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,874

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 3914
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic,Satellite
  • Attribution Contact: 763-226-7127
  • Attribution Contact: 763-226-7127
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Fuel Tank - Owned, Humidifier, Water Filtration System, Water Osmosis System, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 3914
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Family Room, Laundry, Living Room, Bedroom 1, Bedroom 2, Walk In Closet, Deck, Foyer, Office, Bedroom 3, Amusement Room, Storage, Utility Room, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Chain Link
  • View: East, North, Panoramic, South, West
  • Other Structures: Workshop, Storage Shed
  • ConstructionMaterialsDesc: Concrete,Stone
  • PatioPorchType: Deck,Patio,Screened
  • Lake Acres: 2270
  • Lake Bottom: Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 440

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 810
  • ParkingOpen: 10
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Hot Water, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Propane
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Dock,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Local Area Network,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Security System,Security Lights,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),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: 444 x 244 x 208 x 105
  • Lot Size Sq Ft: 55321.2
  • Land Lease: No
  • Lot Features: Island/Peninsula, Many Trees
  • Additional Parcels Description: 1003221320017
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Shake Siding, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1003221320018
  • Tax Annual Amount: 20874
  • TaxWithAssessments: 20874.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 27, 2023
Sold by
Sargeant Family 2016 Family Business Suc
Bought by
Stevens Jeremy and Stevens Amber
Seller's Agent
Mark Fearing
Coldwell Banker Realty
Buyer's Agent
Mark Fearing
Coldwell Banker Realty
List Price
$1,600,000
Sold Price
$1,600,000
Views
120
Current Estimated Value
$1,339,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$260,505
Avg. Annual Appreciation
-8.95%
Original Mortgage
$860,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2017
Sold by
Busch David R and The Sargeant 2008 Business Fam
Bought by
Busch David R and The Sargeant Family 2016 Famil
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
Stevens Jeremy $1,600,000 None Listed On Document
Busch David R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Jeremy $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $1,600,000 0.0% $409 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/29/2023 06/29/23 Off Market $1,600,000 -- --
06/25/2023 06/25/23 For Sale $1,600,000 -- $409 / 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
2024 $15,186 $1,225,300 $542,800 $682,500
2023 $15,186 $1,311,000 $547,800 $763,200
2022 $13,362 $1,266,600 $489,300 $777,300
2021 $13,082 $1,018,900 $393,600 $625,300
2020 $13,506 $988,900 $363,600 $625,300
2019 $12,540 $1,002,700 $359,600 $643,100
2018 $11,646 $920,900 $288,900 $632,000
2017 $12,054 $885,600 $272,900 $612,700
2016 $11,078 $862,200 $224,200 $638,000
2015 $10,186 $807,800 $211,000 $596,800
2013 -- $825,400 $212,600 $612,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6388784

NorthstarMLS

APN: 10-032-21-32-0018