NOT LISTED FOR SALE

9003 N Shore Trail N Forest Lake, MN 55025

Estimated Value: $845,000 - $940,326

4 Beds
3 Baths
3,498 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $925,000 $264 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,487/month

92 Days on Market

Highlights

  • 106 Feet of Waterfront
  • Lake View
  • Living Room with Fireplace
  • Beach Access
  • 53,927 Sq Ft lot
  • No HOA

About This Home

As of August 2024

SOUTH FACING walkout 2 story on a 1.2 ACRE lot with 106' of direct frontage on demanding Forest Lake! The Charm, the character, and the architecture will captivate you as you first walk through this carefully and thoughtfully remodeled lake home. From the stunning gourmet open concept kitchen, to the tasteful custom tiled and remodeled baths, there is a perfect blend of a bygone era and modern finishes. Endless upgrades throughout including new mechanicals, appliances and windows. Homes on lots of this size just do not come to market that often. This is one that you will surely want to call home!!

Last Agent to Sell the Property

Bob Muske

RE/MAX Synergy Listed on: 04/11/2024

RE/MAX Synergy

Co-Listed By

Chris Hoyt

RE/MAX Synergy

Last Buyer's Agent

Tom Carr

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,909

Year Built

  • Built in 1965

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 106x503x107x520
  • 106 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Natural lighting in basement

Outdoor Features

  • Beach Access

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 1103221420070

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,909

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 2288
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Walkout
  • Fireplace Features: Living Room
  • Living Area: 3498
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1210
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Billiard, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Lake, Panoramic, South
  • Lake Acres: 2270
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 106

Garage/Parking

  • Parking Features: Attached Garage
  • Carport Spaces: 2
  • Garage Square Feet: 484

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 106x503x107x520
  • Lot Size Sq Ft: 53927.28
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1103221420070
  • Tax Annual Amount: 7909
  • TaxWithAssessments: 7912.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jul 25, 2024
Sold by
Bjerke Bruce and Bjerke Joan M
Bought by
Faust Cindy and Faust Russell
Seller's Agent
Bob Muske
RE/MAX Synergy
Buyer's Agent
Tom Carr
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%
Views
62
Current Estimated Value
$886,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,668
Avg. Annual Appreciation
-3.65%
Original Mortgage
$736,000
Outstanding Balance
$727,656
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$158,676

Purchase Details

Closed on
Sep 25, 2023
Sold by
Bjerke Joan M and Bjerke Bruce
Bought by
Bjerke Joan M and Bjerke Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Hovatter Shirley J
Bought by
Bjerke Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Faust Cindy $920,000 Watermark Title
Bjerke Joan M $2,015 None Listed On Document
Bjerke Joan M $507,000 Casterton Title & Closing Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Cindy $736,000
Previous Owner Bjerke Joan M $787,500
Previous Owner Bjerke Joan M $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $925,000 -2.6% $264 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $950,000 -5.0% $272 / Sq Ft
05/01/2024 05/01/24 Price Changed $999,900 -4.8% $286 / Sq Ft
04/19/2024 04/19/24 For Sale $1,050,000 -- $300 / 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 $9,450 $796,600 $546,500 $250,100
2023 $9,450 $796,300 $551,500 $244,800
2022 $7,102 $725,000 $498,600 $226,400
2021 $6,394 $583,200 $401,100 $182,100
2020 $6,272 $528,300 $356,100 $172,200
2019 $6,732 $512,600 $339,900 $172,700
2018 $5,940 $534,300 $373,100 $161,200
2017 $5,292 $496,000 $350,700 $145,300
2016 $4,952 $414,000 $267,000 $147,000
2015 $4,480 $384,800 $247,800 $137,000
2013 -- $341,500 $220,300 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6517530

NorthstarMLS

APN: 11-032-21-42-0070