Seller's Agent in 2023
Aaron Ritchie
Coldwell Banker Burnet
(612) 418-7080
1 in this area
131 Total Sales
7525 N Shore Cir N Forest Lake, MN 55025
Estimated Value: $560,000 - $598,000
3
Beds
1
Bath
1,546
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Fireplace in Primary Bedroom
- Home Office
- Beach Access
- No HOA
- Patio
About This Home
As of March 2023Incredibly charming cottage/4 season cabin on demand Forest Lake lot! Beautiful SE views of the 2nd lake from picture perfect lot with gradual slope to 75 ft of sandy shoreline. Situated nicely on quiet peninsula with low traffic. Many cosmetic updates inside, large fam room walks out to patio/lake & full of windows for lake views, French doors to private office, formal dining plus eat-in kit, newer cabinets in kit. Huge main BR could be used as formal LR with stone fireplace, HW floors, vaulted ceilings and view of lake. 2 smaller BR's separated by updated bath. New well in 2022 moved to allow for future garage (see plans). New street & city sewer 2022. Boat house by lake grandfathered in. Boat to downtown Forest Lake, the Old Log Cabin Restaurant or coming soon...Pizza Pub on the Lake! Boat landing about 3 minutes down the road. Enjoy this retreat for years to come or re-build your dream lake home!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-418-7080 Listed on: 02/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,342
Year Built
- Built in 1932
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 75x146x76x157
- 75 Feet of Waterfront
- Lake Front
Interior Spaces
- 1,546 Sq Ft Home
- 1-Story Property
- Stone Fireplace
- Family Room
- Dining Room
- Home Office
- Partial Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Patio
Utilities
- Forced Air Heating System
- 100 Amp Service
- Well
Community Details
- No Home Owners Association
- Kings Forest Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 1003221320058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Mar 1, 2023
Sold by
Malberg Kelly and Malberg Victoria
Bought by
Duplaise Amy and Duplaise Steven
Seller's Agent
Aaron Ritchie
Coldwell Banker Realty
List Price
$525,000
Sold Price
$532,231
Premium/Discount to List
$7,231
1.38%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,258
Avg. Annual Appreciation
3.06%
Original Mortgage
$425,785
Outstanding Balance
$412,321
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$163,168
Purchase Details
Closed on
Sep 11, 2017
Sold by
Blade Mark S and The Mark S Blade Trust
Bought by
Host Victoria J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duplaise Amy | $532,231 | -- | |
| Host Victoria J | $365,000 | Ancona Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duplaise Amy | $425,785 | |
| Previous Owner | Host Victoria J | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $532,231 | +1.4% | $344 / Sq Ft |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | For Sale | $525,000 | -- | $340 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,412 | $569,700 | $447,500 | $122,200 |
| 2023 | $6,412 | $567,600 | $453,500 | $114,100 |
| 2022 | $5,342 | $514,200 | $406,400 | $107,800 |
| 2021 | $4,706 | $440,300 | $327,000 | $113,300 |
| 2020 | $4,698 | $394,700 | $287,000 | $107,700 |
| 2019 | $4,238 | $387,900 | $283,000 | $104,900 |
| 2018 | $4,140 | $345,800 | $253,000 | $92,800 |
| 2017 | -- | $350,700 | $251,600 | $99,100 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Ritchie
Map
Source: NorthstarMLS
MLS Number: 6328596
APN: 10-032-21-32-0058
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