NOT LISTED FOR SALE

8440 N Shore Trail N Forest Lake, MN 55025

Estimated Value: $353,000 - $518,163

3 Beds
2 Baths
1,757 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $160,000 $91 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,652/month

81 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2015

Vaulted living room with fireplace, hardwood floors & huge window overlooking the lake. Large master suite with double closets. Separate dining. Deck off the living room. Over-sized two car garage. Lots of potential! Live on the lake for a low price!

Last Agent to Sell the Property

R. Kevin Marois

Keller Williams Premier Realty Listed on: 01/16/2015

Last Buyer's Agent

Timothy Garry

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1936

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 78x375x368
  • 78 Feet of Waterfront
  • Lake Front
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,757 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms
  • Whirlpool Bathtub

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 1103221320019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.68
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 884
  • Parcel Number: 1103221320019
  • Projected Closed Date: 04/15/2015
  • Road Between Waterfront And Home: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath, Whirlpool
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x19, On Level: Main
  • Room 2: Dining Room, 8x13, On Level: Main
  • Room 4: Kitchen, 8x9, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Main
  • Room 6: Bedroom, 11x12, On Level: Upper
  • Room 7: 18x15, On Level: Upper
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1757
  • Total Fin Square Footage: 1757

Exterior Features

  • LakeAcres: 2270.93
  • Waterfront Name: Forest
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 78
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: City
  • Water: Private

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 78x375x368
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1936

Tax Info

  • Year: 2014
  • Tax Value: 1930

MLS Schools

  • School District: Forest Lake #831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Schmidt Roanld W and Schmidt Leah L
Bought by
Gosiak Jeffrey and Gosiak Guenevere
Current Estimated Value
$436,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$19,154
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$338,982

Purchase Details

Listed on
Jan 16, 2015
Closed on
Apr 8, 2015
Sold by
The Bank Of New York Mellon
Bought by
Schmidt Ronald W and Schmidt Leah L
Seller's Agent
R. Kevin Marois
Keller Williams Premier Realty
Buyer's Agent
Timothy Garry
Coldwell Banker Burnet
List Price
$185,100
Sold Price
$160,000
Premium/Discount to List
-$25,100
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Grimes Kim R and Grimes Dorothy L
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Gosiak Jeffrey $237,500 Ancona Title & Escrow
Schmidt Ronald W $160,000 Titlesmart Inc
The Bank Of New York Mellon $197,295 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosiak Jeffrey $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $160,000 -13.6% $91 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $185,100 -- $105 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,046 $302,300 $302,300 $0
2023 $4,046 $307,900 $307,900 $0
2022 $4,042 $284,500 $284,500 $0
2021 $2,508 $228,900 $228,900 $0
2020 $2,398 $172,600 $172,600 $0
2019 $2,582 $162,400 $162,400 $0
2018 $2,360 $171,900 $171,900 $0
2017 $1,848 $160,900 $160,900 $0
2016 $2,622 $118,200 $118,200 $0
2015 $2,174 $184,500 $98,600 $85,900
2013 -- $150,900 $77,600 $73,300
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4708167

REALTOR® Association of Southern Minnesota

APN: 11-032-21-32-0019