$730,000
SOLD JUN 23, 2025

7550 N Shore Cir N Forest Lake, MN 55025

4 Beds
2 Baths
2,352 Sq Ft
10,280 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

8% Below List Price

78 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Deck
  • The kitchen features windows
  • Beach Access
  • No HOA
  • Living Room

About This Home

As of June 2025

Please see 5/2/25 Well Pressure Tests in supplements. System is running well and water pressure is within normal measurements. Well pipes and pump were installed approximately 15 years ago per seller.
Enjoy breathtaking Western panoramic views of sunsets and the 4th of July fireworks from your back deck in this meticulously maintained 2300+ fsf Two Story home with 60 feet of level lakeshore!

Home offers 4 bedrooms(two on main and two upstairs), two full baths(one on each level) and an oversized detached two car garage with two lakeside storage sheds(one has power!)

Home was completely rebuilt with a second story addition, all new electrical, plumbing, insulation, in 1994. Main floor windows replaced in 2002, and siding on house and garage in 2009.

The oversized Andersen windows draw in wonderful natural light, and the Hunter Douglas custom window coverings allow for privacy when needed!

Kitchen remodeled in 2016 with sleek new smooth cabinet doors and hardware, new countertops and sink!

Summer is coming, the lake is calling!! Don't miss this one!

Last Agent to Sell the Property

Mark Fearing

Coldwell Banker Realty Brokerage Phone: 763-226-7127 Listed on: 03/05/2025

Coldwell Banker Realty

Last Buyer's Agent

Mark Fearing

Coldwell Banker Realty Brokerage Phone: 763-226-7127 Listed on: 03/05/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,499

Year Built

  • Built in 1926

Lot Details

  • 10,280 Sq Ft Lot
  • Lot Dimensions are 60 x 196 x 195 x 45
  • 60 Feet of Waterfront
  • Lake Front
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Kings Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1003221320008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,499

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 2352
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • FoundationDimensions: 38 x 36
  • Attribution Contact: 763-226-7127
  • Attribution Contact: 763-226-7127
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2352
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Storage, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • View: Lake, Panoramic, West
  • Other Structures: Storage Shed
  • PatioPorchType: Deck
  • Lake Acres: 2270
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 598
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Natural Woodwork,Panoramic View,Tile Floors,Walk-In Closet

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60 x 196 x 195 x 45
  • Lot Size Sq Ft: 10280.16
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1003221320008
  • Tax Annual Amount: 7499
  • TaxWithAssessments: 7499.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Jun 23, 2025
Sold by
Adair Russell L and Adair Rosemarie A
Bought by
Laubach Eric Walter and Gates Kimberly
Seller's Agent
Mark Fearing
Coldwell Banker Realty
Buyer's Agent
Mark Fearing
Coldwell Banker Realty
List Price
$789,900
Sold Price
$730,000
Premium/Discount to List
-$59,900
-7.58%
Total Days on Market
78
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$344,706
Outstanding Balance
$344,706
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$387,166
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $730,000 Executives Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,706 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $730,000 -2.7% $310 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $750,000 -1.3% $319 / Sq Ft
04/08/2025 04/08/25 Price Changed $759,900 -3.8% $323 / Sq Ft
03/08/2025 03/08/25 For Sale $789,900 -- $336 / 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 $8,162 $700,400 $433,500 $266,900
2023 $8,162 $687,500 $441,500 $246,000
2022 $5,900 $620,600 $390,300 $230,300
2021 $5,236 $499,400 $314,000 $185,400
2020 $5,308 $437,600 $259,000 $178,600
2019 $5,134 $436,200 $255,000 $181,200
2018 $4,618 $413,000 $240,000 $173,000
2017 $4,338 $387,600 $225,000 $162,600
2016 $3,976 $345,000 $181,100 $163,900
2015 $3,612 $309,400 $163,900 $145,500
2013 -- $293,500 $164,200 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6672147

NorthstarMLS

APN: 10-032-21-32-0008