NOT LISTED FOR SALE

887 8th Ave SE Unit D Forest Lake, MN 55025

Estimated Value: $396,226 - $412,000

3 Beds
2 Baths
1,536 Sq Ft
$395/mo HOA Fee

Last Sold May 16, 2024

Last sale price $404,000 $263 Per Sq Ft

Current estimated payment $3,018/month

51 Days on Market

Highlights

  • Lake Front
  • Beach
  • Main Floor Primary Bedroom
  • Dock Facilities
  • Heated In Ground Pool
  • Screened Porch

About This Home

As of May 2024

Rentals allowed- sale contingent upon seller finding house of choice. Rare Find, upper level condo on Forest Lake. Enjoy lake life, with ease. This condo offers plenty of amenities including: Shared Dock, (private boat slips available for 500.00/ year) Firepits, Gazebo, Sprawling, sandy, beachy lake front access, in addition to a heated inground swimming pool. Great for a Summer getaway, or year-round living. Boat over to downtown Forest Lake and grab a bite to eat, listen to live bands, and don't forget to take advantage of the Forest Lake 4th of July festivities. So much to do on this lake- Fishing is also spectacular- Condo offers panoramic, gorgeous views of the Lake. Sip your coffee in the morning and take in the breathtaking views from your 3 season porch. Plenty of room for Guests in this 3 bedroom, 2 bath Condo with over 1500 fsf. Including in unit Laundry- Maintenance Free Lake Living- Act fast, these condos do not come available often.

Last Agent to Sell the Property

Kim Vetter

RE/MAX Advantage Plus Listed on: 02/12/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Kim Vetter

RE/MAX Advantage Plus Listed on: 02/12/2024

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1984

Lot Details

  • Lake Front

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Shared Waterfront
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0903221310008

Community Details

Overview

  • Association fees include beach access, maintenance structure, dock, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • Property Care Gina Brama Association, Phone Number (651) 554-9949
  • Low-Rise Condominium
  • Condo 50 Lakeside Woods Subdivision

Recreation

  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,012

Year Built

Built in 1984

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Boat Slip, Deck, Dock, In-Ground Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1536
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1536
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Screened Porch, Laundry
  • Shared Rooms: Play Area

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • View: Panoramic
  • PatioPorchType: Enclosed,Glass Enclosed,Screened
  • Lake Acres: 2270
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 651-554-9949
  • Association Fee: 395
  • Association: Yes
  • Amenities Unit: Balcony,Dock,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Property Care- Gina Brama

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0903221310008
  • Tax Annual Amount: 4012
  • TaxWithAssessments: 4012.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front, Lake View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 16, 2024
Sold by
Soye Richard and Graen Kathleen
Bought by
Anderson Trustee Mark and Anderson Trustee Maureen
Seller's Agent
Kim Vetter
RE/MAX Advantage Plus
Buyer's Agent
Kim Vetter
RE/MAX Advantage Plus
List Price
$410,000
Sold Price
$404,000
Premium/Discount to List
-$6,000
-1.46%
Views
56
Current Estimated Value
$404,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Oct 27, 2015

Purchase Details

Closed on
Nov 27, 2012
Sold by
Eide George E and Eide Betty A
Bought by
Eide George E and Eide Betty A

Purchase Details

Closed on
Jul 1, 1997
Sold by
Hauble Gertrude A
Bought by
Eide George E and Eide Betty A
Source: Public Records

Similar Home in Forest Lake, MN

  • 173 1st St NE, Forest Lake, MN 55025

    $304,000

    • 2 Beds
    • 1 Bath
    • 1,059 Sq Ft
    • 173 1st St NE
    • Forest Lake, MN

    Life on the lake and life in town. Both! And no lake work. Enjoy coffee and sunrises from your own deck or the porch on the lake with easy stair access down to the beach. Don't miss this chance to enjoy beautiful Forest Lake without all the work and maintenance that normally comes with lake life! A great home or weekend lake home. It could be your no-maintenance cabin that is so close to the Twin

    Ruth Bittner Bridge Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Trustee Mark $404,000 --
-- $290,000 --
Eide George E -- None Available
Eide George E $30,000 --
Soye Richard Richard $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soye Richard Alan $288,100
Closed Soye Richard Richard $288,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $404,000 0.0% $263 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/01/2024 04/01/24 Off Market $404,000 -- --
03/03/2024 03/03/24 For Sale $410,000 +1.5% $267 / Sq Ft
03/02/2024 03/02/24 Off Market $404,000 -- --
02/15/2024 02/15/24 For Sale $410,000 -- $267 / 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
2024 $4,432 $412,700 $210,000 $202,700
2023 $4,432 $401,400 $213,000 $188,400
2022 $3,682 $393,900 $211,100 $182,800
2021 $3,666 $318,900 $170,000 $148,900
2020 $3,738 $314,000 $172,000 $142,000
2019 $3,728 $314,700 $170,000 $144,700
2018 $3,496 $307,700 $170,000 $137,700
2017 $3,064 $300,900 $170,000 $130,900
2016 $2,580 $252,700 $125,000 $127,700
2015 $2,260 $191,900 $82,200 $109,700
2013 -- $187,400 $82,500 $104,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6488537

NorthstarMLS

APN: 09-032-21-31-0008