861 8th Ave SE Unit 401 Forest Lake, MN 55025
Estimated Value: $389,000 - $412,000
2
Beds
2
Baths
1,576
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Dock Facilities
- Porch
- Lake Front
- The kitchen features windows
- 2 Car Attached Garage
About This Home
As of July 2022***Multiple OFFERS RECEIVED HIGHEST AND BEST DUE 5/29 AT 10AM***Hard to find and highly desirable one-level townhouse with pool and lake access! Home is just under 1600 sqft featuring to bedrooms with a private master suite! Enjoy the views of the lake from your sunroom off of your cozy Livingroom with fireplace. These units don't come to market very often. Don't miss your chance at this one!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,936
Year Built
- Built in 1992
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x120x115x121
- Lake Front
HOA Fees
- $315 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,576 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded Waterfront Access Rights
- Dock Facilities
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include beach access, dock, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
- Cedar Management Association, Phone Number (763) 574-1500
- Condo 50 Lakeside Woods 03 Subdivision
Listing and Financial Details
- Assessor Parcel Number 0903221310096
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2022
Closed on
Jul 12, 2022
Sold by
Dwight A Gardstrom Trust
Bought by
Johnson Travis
Seller's Agent
David 'Trip' Schultz
RE/MAX Synergy
Buyer's Agent
Daniel Smoot
Edina Realty, Inc.
List Price
$400,000
Sold Price
$402,000
Premium/Discount to List
$2,000
0.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,293
Avg. Annual Appreciation
-0.19%
Original Mortgage
$301,500
Outstanding Balance
$289,431
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$110,276
Purchase Details
Closed on
Oct 6, 2020
Sold by
Gardstrom Dwight A and Dwight & Virginia Gardstrom Re
Bought by
Gardstrom Dwight A and Moberg Jennifer L
Purchase Details
Closed on
Jul 10, 2015
Sold by
Hegler Annette D and Ersfeld Thomas P
Bought by
Edward Jones Trust Company
Purchase Details
Closed on
Aug 25, 2000
Sold by
Millington Kathi M
Bought by
Ersfeld Thomas J and Ersfeld Lucille M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Travis | $402,000 | Cambria Title | |
| Gardstrom Dwight A | -- | None Available | |
| Edward Jones Trust Company | -- | Attorney | |
| Ersfeld Thomas J | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Travis | $301,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $402,000 | +0.5% | $255 / Sq Ft |
| 05/24/2022 05/24/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | For Sale | $400,000 | -- | $254 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,614 | $428,000 | $220,000 | $208,000 |
| 2023 | $4,614 | $417,700 | $220,000 | $197,700 |
| 2022 | $3,952 | $415,300 | $219,800 | $195,500 |
| 2021 | $3,936 | $334,400 | $177,000 | $157,400 |
| 2020 | $3,992 | $328,800 | $177,000 | $151,800 |
| 2019 | $3,986 | $327,900 | $175,000 | $152,900 |
| 2018 | $3,734 | $320,500 | $175,000 | $145,500 |
| 2017 | $3,272 | $311,700 | $175,000 | $136,700 |
| 2016 | $3,050 | $255,900 | $125,000 | $130,900 |
| 2015 | $2,656 | $226,400 | $107,600 | $118,800 |
| 2013 | -- | $223,300 | $108,300 | $115,000 |
Source: Public Records
Agents Affiliated with this Home
-
David 'Trip' Schultz
Seller's Agent in 2022
David 'Trip' Schultz
RE/MAX
(651) 325-5119
39 in this area
112 Total Sales
-
Daniel Smoot
Buyer's Agent in 2022
Daniel Smoot
Edina Realty, Inc.
2 in this area
214 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6148782
APN: 09-032-21-31-0096
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