NOT LISTED FOR SALE

80 4th St SW Forest Lake, MN 55025

Estimated Value: $257,000 - $318,000

3 Beds
1 Bath
1,364 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $220,000 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,768/month

17 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Living Room
  • No HOA
  • Patio
  • Dining Room

About This Home

As of August 2021

Awesome opportunity to build equity in this Cape style home in the heart of Forest Lake with a large fenced lot. Charming floor plan and room to add a 4th BR in the unfinished lower level.

Last Listed By

Nick Wimperis

LPT Realty, LLC Listed on: 07/05/2021

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 130x100
  • Chain Link Fence
  • Corner Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Houles 02 Add Forest Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0803221240010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1364
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Living Area: 1364
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Patio
  • SqFtTotal: 1364.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 240

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 130x100
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0803221240010
  • Tax Annual Amount: 1820
  • TaxWithAssessments: 1820.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 20, 2021
Sold by
Ball John
Bought by
Sager Eric
Seller's Agent
Nick Wimperis
LPT Realty, LLC
Buyer's Agent
Christine Bandettini
Keller Williams Premier Realty
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
17
Current Estimated Value
$277,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,444
Avg. Annual Appreciation
6.26%
Original Mortgage
$213,400
Outstanding Balance
$196,866
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$79,194

Purchase Details

Closed on
Jan 26, 2005
Sold by
Brown Christopher M and Brown Joelle L
Bought by
Bah John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 1999
Sold by
Morgenstern Gerald and Morgenstern Deborah
Bought by
Brown Christopher and Brown Deborah

Range of Values:

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Average Value
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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
Sager Eric $220,000 Partners Title Llc
Bah John $200,000 --
Brown Christopher $119,400 --
Sager Eric Eric $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sager Eric $213,400
Previous Owner Ball John $160,000
Previous Owner Ball John $40,000
Closed Sager Eric Eric $213,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $220,000 +7.4% $161 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/18/2021 07/18/21 Price Changed $204,900 -6.8% $150 / Sq Ft
07/10/2021 07/10/21 Price Changed $219,900 -2.3% $161 / Sq Ft
07/05/2021 07/05/21 For Sale $225,000 -- $165 / 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 $2,764 $256,400 $79,000 $177,400
2022 $1,844 $226,800 $77,100 $149,700
2021 $1,820 $174,500 $60,000 $114,500
2020 $1,776 $170,700 $62,000 $108,700
2019 $1,654 $164,900 $57,000 $107,900
2018 $1,478 $152,500 $50,000 $102,500
2017 $1,494 $145,000 $50,000 $95,000
2016 $1,288 $138,800 $45,000 $93,800
2015 $1,222 $101,800 $29,500 $72,300
2013 -- $85,400 $26,800 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5766556

NorthstarMLS

APN: 08-032-21-24-0010