$550,000
SOLD AUG 12, 2025

7850 242nd St Forest Lake, MN 55025

3 Beds
3.5 Baths
2,966 Sq Ft
0.83 Acres

Recently Sold

$185 Per Sq Ft

1% Above List Price

18 Days on Market

Highlights

  • Deck
  • Loft
  • 3 Car Attached Garage
  • Chisago Lakes Primary Elementary School Rated A-
  • Stainless Steel Appliances
  • Patio

About This Home

As of August 2025

** MULTIPLE OFFERS RECEIVED**. Highest and best offers are due Monday, July 14 at 6pm. Welcome home to this beautiful two story located in Liberty Ponds in Forest Lake. The first thing you will notice is the front porch inviting you to sit, relax and enjoy a cup of tea to unwind the day. Entering the front door you will notice the open layout. The living room has plenty of space for your furniture and extra space to have a sitting/reading area next to the window. The open kitchen and large dining room has loads of space to entertain all your guests. The kitchen is welcoming with its large center island with quartz top, stainless steel appliances, subway tile back splash and great cabinet/countertop space. Walk out to the massive cedar deck, relax and enjoy your evening overlooking your huge yard. Upstairs boosts 3 large bedrooms and a big loft. Use it for an office or wall it off and have a 4th bedroom. The primary suite has its own full bathroom with walk in shower and separate soak tub along with a walk in closet. Ready to entertain? Walk down stairs to the finished lower level complete with bar that has its own keg aerator, wine frig, ice maker, refrigerator and microwave. This will truly be the spot to hang out watching movies or the sports games. The owners have spent a lot of money on this and it shows. The walk out lower level leads to a big cement patio and a well maintained yard that is fully fenced and has irrigation to keep the grass looking good all summer long. Take advantage of the big storage shed for the lawn equipment or the extra toys you might need to store aside from the main garage. The 3 stall garage is insulated and heated with TONS of storage for anything you might have. This home is a must see, schedule your private tour today and make this home yours.

Last Agent to Sell the Property

Jacob Schoenberger

RE/MAX Results Listed on: 07/07/2025

RE/MAX Results

Co-Listed By

Gregory Weinberger

RE/MAX Results

Last Buyer's Agent

Jacob Taylor

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,072

Year Built

  • Built in 2015

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 150x232x157x241
  • Property is Fully Fenced
  • Chain Link Fence

HOA Fees

  • $190 Monthly HOA Fees

Parking

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

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Filtration System
  • Shared Water Source
  • Well
  • Shared Septic

Community Details

  • Association fees include professional mgmt, sewer
  • Gaughan Assocaition Management Association, Phone Number (612) 238-4400
  • Liberty Ponds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 211071758

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,072

Year Built

Built in 2015

Lot Details

0

HOA Fees

$190 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Shared System, Well
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2184
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 2966
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 782
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Deck, Patio

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Full
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 685
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: Shared Septic
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Sewer
  • Phone: 612-238-4400
  • Association Fee: 190
  • Association: Yes

Association/Amenities

  • HOA Management Co: Gaughan Assocaition Management

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x232x157x241
  • Lot Size Sq Ft: 36285.48
  • Land Lease: No
  • Lot Features: Some Trees
  • PastureArea: 0.83
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 211071758
  • Tax Annual Amount: 6072
  • TaxWithAssessments: 6072.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Aug 12, 2025
Sold by
Bebinger Willis and Bebinger Susan
Bought by
Burden Timothy and Burden Paige
Seller's Agent
Jacob Schoenberger
RE/MAX Results
Buyer's Agent
Jacob Taylor
Keller Williams Classic Rlty NW
List Price
$545,000
Sold Price
$550,000
Premium/Discount to List
$5,000
0.92%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.90%
Original Mortgage
$440,000
Outstanding Balance
$439,615
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$105,294

Purchase Details

Closed on
Jun 15, 2020
Sold by
Olson David J and Olson Marina
Bought by
Bebinger Willis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
3.21%

Purchase Details

Closed on
Jun 5, 2019
Sold by
Remitz Amy Amy
Bought by
Olson Donald Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,387
Interest Rate
3.99%

Purchase Details

Closed on
Sep 22, 2015
Bought by
Remitz Amy Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,828
Interest Rate
3.91%

Purchase Details

Closed on
Nov 25, 2014

Purchase Details

Closed on
Aug 16, 2010
Sold by
Lcf Funding I Llc
Bought by
Rm Investments Llc and Mpls Re Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $550,000 Ancona Title
Grant Deed $389,900 --
Deed $365,000 --
Deed $310,400 --
Deed $110,000 --
Foreclosure Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $311,920 No Value Available
Previous Owner -- No Value Available
Previous Owner $358,387 No Value Available
Previous Owner -- No Value Available
Previous Owner $247,828 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $550,000 +0.9% $185 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $545,000 -- $184 / 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
2023 $6,196 $483,800 $85,000 $398,800
2022 $6,196 $463,600 $85,000 $378,600
2021 $5,476 $344,200 $0 $0
2020 $5,312 $354,500 $74,000 $280,500
2019 $5,720 $0 $0 $0
2018 $5,086 $0 $0 $0
2017 $5,374 $0 $0 $0
2016 $546 $0 $0 $0
2015 $858 $0 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6750966

NorthstarMLS

APN: 21-10717-58