NOT LISTED FOR SALE

7420 Forest Ln Lino Lakes, MN 55038

Estimated Value: $472,000 - $527,000

3 Beds
2 Baths
1,968 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $493,000 $251 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,378/month

69 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Double Oven
  • 1-Story Property
  • Humidifier

About This Home

As of February 2024

***Ask how you can qualify for 4.99% financing or savings up to $10,000 by using Seller’s Preferred Lender*** Our Birmingham boasts an "Open Concept" floorplan with all amenities on one level. The home comes very well equipped with quartz countertops, tile kitchen backsplash and a stone fireplace. The association cuts the grass and plows your driveway which gives you more freedom to get away!

Last Agent to Sell the Property

Ruth Russell

Lennar Sales Corp Listed on: 11/14/2023

Lennar Sales Corp

Co-Listed By

Jason Loger

Lennar Sales Corp

Last Buyer's Agent

Makenzie Ahn

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 150 Amp Service
  • Gas Water Heater

Community Details

  • Association fees include lawn care, professional mgmt, trash, snow removal
  • Associa Association, Phone Number (763) 225-6469
  • Built by LENNAR
  • Watermark Community
  • Watermark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133122230031

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

9,583 Sq Ft Lot

HOA Fees

$160 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1968
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Humidifier, Gas Water Heater, Microwave, Refrigerator
  • Fireplace Features: Family Room, Gas
  • Living Area: 1968
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Asphalt, Pitched

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Professional Mgmt, Trash, Snow Removal
  • Phone: 763-225-6469
  • Association Fee: 160
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Washer/Dryer Hookup
  • Community Name: Watermark

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: White Bear Lake
  • SchoolDistrictPhone: 651-407-7500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: W53x180x78x144
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 133122230031
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Feb 29, 2024
Sold by
Us Home Llc
Bought by
Fanum Michael and Fanum Julianne
Seller's Agent
Ruth Russell
Lennar Sales Corp
Buyer's Agent
Makenzie Ahn
Keller Williams Premier Realty
List Price
$541,350
Sold Price
$493,000
Premium/Discount to List
-$48,350
-8.93%
Views
26
Current Estimated Value
$509,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,553
Avg. Annual Appreciation
1.61%
Original Mortgage
$394,400
Outstanding Balance
$387,803
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$121,750
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fanum Michael $493,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanum Michael $394,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $493,000 -0.4% $251 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $494,990 -1.0% $252 / Sq Ft
01/03/2024 01/03/24 Price Changed $499,990 -2.0% $254 / Sq Ft
12/20/2023 12/20/23 Price Changed $509,990 -1.0% $259 / Sq Ft
12/09/2023 12/09/23 Price Changed $514,990 -4.9% $262 / Sq Ft
11/15/2023 11/15/23 For Sale $541,350 -- $275 / Sq Ft
Source: NorthstarMLS

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
2025 $6,450 $526,200 $120,000 $406,200
2024 $6,450 $511,200 $114,200 $397,000
2023 $1,274 $114,200 $114,200 $0
2022 $1,096 $98,000 $98,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6460173

NorthstarMLS

APN: 13-31-22-23-0031

Your Personal Tour Guide

Ask me questions while you tour the home.