NOT LISTED FOR SALE

961 N Shore Dr Forest Lake, MN 55025

Estimated Value: $799,000 - $1,099,260

5 Beds
5 Baths
2,188 Sq Ft
$417/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $1,050,000 $480 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,758/month

14 Days on Market

Highlights

  • 52 Feet of Waterfront
  • No HOA
  • 4 Car Attached Garage
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • Living Room

About This Home

As of April 2023

Welcome to lake living on Forest Lake! Great location with all the conveniences a few minutes away & just a short 40 minute drive to the Twin Cities! Complete custom renovation and addition with all the amenities. The open concept floorplan is ideal to take in the sweeping lake views. The spacious vaulted living room and bright, open kitchen with quartz counters, large center island and stainless appliances is sure to be the hub of the home! The main level offers a spacious primary suite with full bath and bunkroom with ensuite. The upper level features 3 sizable bedrooms -2 with private baths. Imagine taking in sunsets over the lake from the deck, sitting lakeside in the charming gazebo or playing along the sandy shores of Forest Lake! You'll love all the storage that lake living requires- an attached 2 car garage AND a detached oversized 2 car garage to store all your lake toys! Did I mention views? Ideal for dream home, 2nd home or to generate rental income. Please see supplements.

Last Agent to Sell the Property

Tony Sarenpa

Keller Williams Premier Realty Lake Minnetonka Listed on: 03/11/2023

Keller Williams Premier Realty Lake Minnetonka

Co-Listed By

Shane Joseph

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Andrew Storlie

Get You Moved Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,763

Year Built

  • Built in 1930

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 50x270
  • 52 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • G M Simmons Add Forest Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0403221320018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,763

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 2188
  • Water Body Name: Forest
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2188
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • PoolFeatures: None
  • View: Lake, Panoramic
  • Other Structures: Additional Garage, Gazebo
  • Lake Acres: 2270
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 52

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 424

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Main Floor Primary Bedroom,Panoramic View,Skylight,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x270
  • Lot Size Sq Ft: 16683.48
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0403221320018
  • Tax Annual Amount: 5763
  • TaxWithAssessments: 5766.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Apr 17, 2023
Sold by
Tdr Investments Llc
Bought by
Storlie & Associates Llc
Seller's Agent
Tony Sarenpa
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Andrew Storlie
Get You Moved Realty
List Price
$999,900
Sold Price
$1,050,000
Premium/Discount to List
$50,100
5.01%
Views
14
Current Estimated Value
$912,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,935
Avg. Annual Appreciation
-4.18%
Original Mortgage
$840,000
Outstanding Balance
$756,045
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$192,782

Purchase Details

Closed on
Jun 10, 2022
Sold by
Roche Travis J and Roche Darcie F
Bought by
Tdr Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2022
Sold by
Tdr Investments Llc
Bought by
Roche Travis J and Roche Darcie F

Purchase Details

Closed on
Apr 14, 2006
Sold by
Kohs Christopher C and Kohs Kimberley K
Bought by
Roche Travis J and Roche Darcie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.42%
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
Storlie & Associates Llc $1,050,000 Great North Title
Tdr Investments Llc $500 Legacy Title
Roche Travis J $500 None Listed On Document
Roche Travis J $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storlie & Associates Llc $840,000
Previous Owner Tdr Investments Llc $150,000
Previous Owner Tdr Investments Llc $150,000
Previous Owner Tdr Investments Llc $825,000
Previous Owner Roche Travis J $372,000
Previous Owner Roche Travis J $46,500
Previous Owner Kohs Christopher C $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $1,050,000 +5.0% $480 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $999,900 -- $457 / 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 $9,466 $797,800 $458,400 $339,400
2023 $9,466 $789,600 $460,400 $329,200
2022 $5,766 $659,900 $406,200 $253,700
2021 $5,424 $488,000 $326,800 $161,200
2020 $5,454 $453,300 $281,800 $171,500
2019 $5,664 $448,200 $277,600 $170,600
2018 $5,102 $455,400 $292,600 $162,800
2017 $4,730 $425,900 $272,600 $153,300
2016 $4,184 $370,100 $215,600 $154,500
2015 $3,710 $318,800 $198,600 $120,200
2013 -- $306,100 $200,100 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6337346

NorthstarMLS

APN: 04-032-21-32-0018