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  • $294,000

    157 1st St NE, Forest Lake, MN 55025

    2beds
    945sqft
    Low Rise
    Built in 1983
    -- sqft lot
    $314,100 Zestimate®
    $311/sqft
    $1,555 Estimated rent

    Home value

    $314,100

    $295,000 - $336,000

    $1,555/mo

    Zestimate® history
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    What's special

    Experience lakefront living at its finest in this charming condo on Forest Lake. This beautifull unit offers two spacious bedrooms and one bathroom, perfect for a cozy home or a weekend retreat. Freshly painted interiors and new carpet throughout create a bright and inviting atmosphere. Start your day with a cup of coffee on the composite deck, where you'll be greeted by breathtaking sunrises over the tranquil waters. This condo comes with its own dock slip, making it ideal for boating enthusiasts or those who simply love the water. Enjoy all the benefits of lake living, from serene views to recreational activities right at your doorstep. Don't miss this opportunity to own a piece of paradise on Forest Lake. Schedule a viewing today and make this dreamy lakeside condo your new home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Angie Savageau 651-983-4590,

    RE/MAX Advantage Plus,

    Zachary Savageau 651-703-2212

    Bought with:

    Carolyn A Greene

    Morgan Hill Real Estate LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6536371MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Bedroom 2
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Dining room
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11X9
    Kitchen
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 9X8
    Living room
    • Level: Lower
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: In Unit, Washer Hookup
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 945
    • Total interior livable area: 945 sqft
    • Finished area above ground: 945
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Tuckunder Garage
    • Attached garage spaces: 1
    • Details: Garage Dimensions (12X20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Composite Decking, Deck
    • Has view: Yes
    • View description: Panoramic, West
    • Waterfront features: Association Access, Dock, Lake Front, Shared, Lake Bottom(Sand)
    Lot
    • Size: 1.07 Acres
    • Features: Accessible Shoreline
    Details
    • Foundation area: 945
    • Parcel number: 0803221110019
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Low Rise
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Condo 48 West Bay Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Boat Dock
    • Services included: Beach Access, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
    • HOA fee: $420 monthly
    • HOA name: CEDAR MANAGEMENT
    • HOA phone: 763-231-9825
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $311/sqft
    • Tax assessed value: $293,300
    • Annual tax amount: $2,855
    • Date on market: 7/2/2024
    • Cumulative days on market: 24 days

    Price history

    DateEventPrice
    7/1/2024Sold$294,000-0.3%$311/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6536371 Report a problem
    6/18/2024Price change$295,000-1.7%$312/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6536371 Report a problem
    5/31/2024Listed for sale$300,000+9.1%$317/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6536371 Report a problem
    5/18/2022Sold$275,000+3.8%$291/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6168174 Report a problem
    3/28/2022Pending sale$265,000$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6168174 Report a problem
    3/28/2022Listed for sale$265,000-11.7%$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6168174 Report a problem
    10/30/2021Listing removed--
    Source: Edina Realty Report a problem
    9/1/2021Listed for sale$300,000+226.4%$317/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6014837 Report a problem
    7/2/1998Sold$91,900$97/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,028 +5.9%$274,000 -0.8%
    2024$2,858 +2.7%$276,100 +2%
    2023$2,784 +10.6%$270,700 +28.4%
    2022$2,518 +1.3%$210,800 -7.2%
    2021$2,486 -0.8%$227,200 +3.1%
    2020$2,506 $220,300
    2019$2,506 $220,300 +3.9%
    2018$2,506 +2%$212,100 +2.2%
    2017$2,456 +114.3%$207,600 +18.3%
    2016$1,146 -44.4%$175,500 +19.9%
    2015$2,062 $146,400 -0.4%
    2013$2,062 +12.1%$147,000 +1%
    2012$1,840 $145,600 -10.3%
    2011$1,840 +5.3%$162,400 -21.1%
    2010$1,748 -1.7%$205,700
    2009$1,778 +18.7%--
    2008$1,498 +21.2%--
    2007$1,236 +15.1%--
    2006$1,074 +17.1%--
    2005$917 +9.3%--
    2004$839 --
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $314,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $314,100