NOT LISTED FOR SALE

7418 N Forest Ln Britt, MN 55710

Estimated Value: $269,541 - $300,000

3 Beds
1.5 Baths
1,588 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $100,000 $63 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,705/month

16 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Virginia Secondary School Rated 10
  • Fireplace
  • Forced Air Heating System

About This Home

As of August 2017

Nice 3bd/1.5bth home on large 1.02 ac lot with trees, enclosed porch, fireplace, and 2 car detached garage.

Last Listed By

Michelle Lyons

Port Cities Realty, LLC Listed on: 07/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $908

Year Built

  • Built in 1960

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 186x73x154x225x225

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 713-0100-00290

Home Details

Home Type

Single Family

Est. Annual Taxes

$908

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N Forest Ln to property.
  • L O1 Office Phone1 Number: 218-740-3116
  • List Price/ Sq Ft: 62.97
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1588
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • TotalBedrooms: 3
  • Year Built: 1960
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Estimated Basement Sq Ft: 1588
  • Basement Style: Slab
  • Bathroom 1 Level: 1
  • Fireplace: Yes
  • Stories: 1 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1588

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Virginia #706
  • Junior High Dist: Virginia #706

Lot Info

  • Geo Update Timestamp: 2017-08-31
  • Estimated Lot Dimensions: 186x73x154x225x225
  • Estimated Number of Acres: 1.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 713-0100-00290

Tax Info

  • Tax Amount: 908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2019
Sold by
Luoma Brandon and Lehti Emily
Bought by
Luoma Brandon
Total Days on Market
16
Current Estimated Value
$278,635

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 14, 2017
Sold by
The Secretary Of Veterans Affairs
Bought by
Luoma Brandon and Lehti Emily
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%
Original Mortgage
$80,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 2, 2016
Sold by
Guild Mortgage Company
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
Jun 23, 2014
Closed on
Aug 15, 2014
Sold by
Boldrey James E and Boldrey Amber J
Bought by
Johnson Kirk Matthew
Seller's Agent
David Culbert
Culbert Realty
Buyer's Agent
Darcie Novak
My Place Realty Inc
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$112,706
Interest Rate
4.12%

Purchase Details

Closed on
May 28, 2008
Sold by
Folman Patricia A and Folman Patricia Ann
Bought by
Boldrey James E and Boldrey Amber J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,777
Interest Rate
6.1%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Luoma Brandon -- All America Title Company
Luoma Brandon $100,000 None Available
Secretary Of Veterans Affairs -- None Available
Johnson Kirk Matthew -- All American Title Co Inc
Johnson Johnson $117,500 --
Boldrey James E $111,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Luoma Brandon $80,000
Previous Owner Johnson Johnson $112,706
Previous Owner Johnson Kirk Matthew $120,026
Previous Owner Boldrey James E $109,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $100,000 0.0% $63 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $100,000 -14.9% $63 / Sq Ft
08/18/2014 08/18/14 Sold $117,500 -- $78 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
Source: Lake Superior Area REALTORS®

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
2023 $1,736 $214,100 $28,300 $185,800
2022 $1,214 $180,600 $28,300 $152,300
2021 $1,014 $135,100 $24,900 $110,200
2020 $1,118 $121,800 $24,900 $96,900
2019 $730 $122,800 $19,000 $103,800
2018 $5,038 $122,800 $19,000 $103,800
2017 $908 $122,800 $19,000 $103,800
2016 $846 $116,400 $19,000 $97,400
2015 $842 $83,700 $13,900 $69,800
2014 $672 $74,300 $14,600 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6030107

APN: 713010000290