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  • $290,000

    163 1st St NE, Forest Lake, MN 55025

    2beds
    936sqft
    Low Rise
    Built in 1983
    -- sqft lot
    $305,300 Zestimate®
    $310/sqft
    $1,489 Estimated rent

    Home value

    $305,300

    $287,000 - $327,000

    $1,489/mo

    Zestimate® history
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    What's special

    Seasonal furnitureCozy wood burning fireplaceBeautiful forest lakeLocked storage unitEasy freeway access
    Life on the lake and life in town. Both! And no lake work. Enjoy coffee and sunrises from your own deck 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! This home in the sought-after West Bay Condominiums is adjacent to beautiful Lakeside Park and Forest Lake Beach. An association dock allows easy access to the water in the summer with the option to have a boat slip for a nominal fee. Walk to shops and restaurants nearby. And it's only a short drive to I-35 for easy freeway access and more shopping and restaurants. This condo features two bedrooms, one full bath, a cozy wood burning fireplace, and relaxing views of the lake. All living space on one level. Laundry is conveniently located in the unit. A locked storage unit in the basement holds all your boat toys and seasonal furniture. This opportunity doesn't come very often. Modestly priced lake life waits for you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruth Bittner 612-805-0630,

    Realty Group LLC

    Bought with:

    Noel Krueger

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6450953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 170 Square Feet
    • Dimensions: 17 x 10
    Bedroom 2
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Deck
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13 x 8
    Informal dining room
    • Level: Main
    • Area: 91 Square Feet
    • Dimensions: 13 x 7
    Kitchen
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10 x 8
    Laundry
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8 x 6
    Living room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x 15
    Storage
    • Level: Basement
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Heating
    • Baseboard, Ductless Mini-Split
    Cooling
    • Ductless Mini-Split
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft
    • Finished area above ground: 936
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Detached Garage, Paved Lot
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Lake View
    Details
    • Foundation area: 936
    • Additional parcels included: 0803221110031
    • Parcel number: 0803221110005
    • Zoning description: Residential-Multi-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

    • Electric: Circuit Breakers
    • 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 Slip, Boat Dock
    • Services included: Beach Access, Maintenance Structure, Lawn Care, Parking, Sanitation, Snow Removal
    • HOA fee: $316 monthly
    • HOA name: Cedar Management
    • HOA phone: 763-231-9825
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $310/sqft
    • Tax assessed value: $286,900
    • Annual tax amount: $2,720
    • Date on market: 12/5/2023
    • Cumulative days on market: 102 days

    Price history

    DateEventPrice
    3/15/2024Sold$290,000-3%$310/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    2/20/2024Pending sale$299,000$319/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    12/13/2023Price change$299,000-3.2%$319/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    12/5/2023Listed for sale$309,000$330/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    11/28/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    11/3/2023Listed for sale$309,000+243.3%$330/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450953 Report a problem
    7/15/1996Sold$90,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,146 +12.7%$286,900 +6.4%
    2024$2,792 +2.6%$269,600 +2%
    2023$2,720 +10.7%$264,400 +28.5%
    2022$2,458 +1.2%$205,700 -7.6%
    2021$2,430 -0.7%$222,500 +3.2%
    2020$2,446 $215,700
    2019$2,446 $215,700 +3.9%
    2018$2,446 +2.1%$207,700 +2.1%
    2017$2,396 +7.1%$203,400 +18.7%
    2016$2,238 +11.3%$171,400 +20.4%
    2015$2,010 $142,300 -0.4%
    2013$2,010 +11.9%$142,900 +0.9%
    2012$1,796 $141,600 -10.6%
    2011$1,796 +5.2%$158,400 -21.5%
    2010$1,708 -1.5%$201,700
    2009$1,734 +19.1%--
    2008$1,456 +21.3%--
    2007$1,200 +15.4%--
    2006$1,040 +17.2%--
    2005$887 +9.4%--
    2004$811 -14.7%--
    2003$951 +5%--
    2002$906 -13.7%--
    2001$1,050 --
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $305,300
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    Estimated market value
    $305,300