NOT LISTED FOR SALE

8462 242nd St Forest Lake, MN 55025

Estimated Value: $586,647 - $738,000

4 Beds
3.5 Baths
3,474 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $375,000 $108 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,135/month

90 Days on Market

Highlights

  • Spa
  • 2.51 Acre Lot
  • Vaulted Ceiling
  • Chisago Lakes Primary Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2014

Incredible 2 story home on lush and private 2.5 acres. High end upgrades include Corian countertops, Maple cabinets and floor in kitchen, hardwood floors, carpet, baths, 2 tiered deck + more. Impressive newly finished LL walkout. In ground sprinkler.

Last Agent to Sell the Property

Barbara Goerss

Keller Williams Premier Realty Listed on: 10/31/2013

Last Buyer's Agent

Tom Yang

Realty Executives Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,492

Year Built

  • 1996

Lot Details

  • 2.51 Acre Lot
  • Lot Dimensions are 365x300
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener Leased
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 131110709

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,492

Year Built

1996

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Hot Tub, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Hot Tub, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 2.51
  • Construction: Previously Owned
  • Foundation Size: 1516
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 131110709
  • Projected Closed Date: 03/21/2014
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 4470
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 15x11, On Level: Main
  • Room 3: Family Room, 25x15, On Level: Main
  • Room 4: Kitchen, 18x14, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 7: 12x10, On Level: Upper
  • Room 8: Bedroom, 13x11, On Level: Lower
  • Room 9: Foyer, 10x9, On Level: Main
  • Room 10: Den/Office, 12x10, On Level: Main
  • Room 11: Kitchen, 11x10, On Level: Lower
  • Room 12: Family Room, 17x13, On Level: Lower
  • Room 13: Spa/Sauna, 11x11, On Level: Lower
  • Room 14: Rec Room, 14x13, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2474
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 3474

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Forest Lake #831

Lot Info

  • Estimated Lot Dimensions: 365x300
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2004
Sold by
Knaak Steven J and Knaak Linda A
Bought by
Mcbride John and Mcbride Lori Jo
Current Estimated Value
$656,362

Purchase Details

Closed on
Mar 5, 1997
Sold by
Ward Homes Inc
Bought by
Knaak Steven J and Knaak Linda A

Purchase Details

Closed on
Nov 18, 1996
Sold by
North Farms Development Co
Bought by
Harrington Andrew J and Harrington Lorine M
Source: Public Records

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 Buyer Sale Price Title Company
Mcbride John $385,000 --
Knaak Steven J $234,880 --
Harrington Andrew J $21,000 --
Ward Homes Inc $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiser Jeff C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $375,000 -3.8% $108 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $389,900 -- $112 / 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
2023 $6,492 $549,500 $94,100 $455,400
2022 $6,338 $516,800 $87,600 $429,200
2021 $6,144 $426,000 $0 $0
2020 $6,308 $408,300 $74,000 $334,300
2019 $6,106 $0 $0 $0
2018 $5,892 $0 $0 $0
2017 $5,556 $0 $0 $0
2016 $5,570 $0 $0 $0
2015 $5,276 $0 $0 $0
2014 -- $269,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4556256

REALTOR® Association of Southern Minnesota

APN: 13-11107-09