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    • $400,000

    21463 Iverson Ave N, Forest Lake, MN 55025

    3beds
    1,106sqft
    Single Family Residence
    Built in 1935
    9,626 Square Feet Lot
    $544,100 Zestimate®
    $362/sqft
    $2,292 Estimated rent

    Home value

    $544,100

    $479,000 - $615,000

    $2,292/mo

    Zestimate® history
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    What's special

    Welcome to Lake Living! Here’s your chance to own 69' of shoreline on beautiful Forest Lake—one of the metro area’s most desirable recreational lakes. The home features newer siding, a newer garage door and opener, new drain tile and pump station in the basement, plus a recently installed furnace and water heater. While the property needs significant updating and renovation, it presents an incredible opportunity for investors, builders, or handy buyers to unlock its full potential. The solid mechanical updates and premium lakeshore setting provide a strong foundation for your vision—whether that’s a remodel, addition, or complete rebuild. Enjoy boating, fishing, and paddleboarding right from your backyard, or walk to nearby restaurants, shops, and events in downtown Forest Lake. Convenient access to I-35 makes commuting to the Twin Cities a breeze. Rarely do lakeside properties with this much upside potential hit the market—don’t miss your chance to create lasting value on Forest Lake!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn D. Korby 651-442-0829,

    Keller Williams Integrity Realty

    Bought with:

    Adam Brunfelt

    Keller Williams Premier Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6800191MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,106
    • Total interior livable area: 1,106 sqft
    • Finished area above ground: 1,106
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 9,626 Square Feet
    • Dimensions: 75 x 132 x 69 x 139
    Details
    • Foundation area: 1106
    • Parcel number: 1403221310044
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: City Water - In Street, Well

    Community & HOA

    Community
    • Subdivision: Forest Grove Heights
    HOA
    • Has HOA: No
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $362/sqft
    • Tax assessed value: $585,000
    • Annual tax amount: $6,615
    • Date on market: 10/9/2025
    • Cumulative days on market: 3 days

    Price history

    DateEventPrice
    11/21/2025Sold$400,000$362/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800191 Report a problem
    10/14/2025Pending sale$400,000$362/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800191 Report a problem
    10/10/2025Listed for sale$400,000$362/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800191 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,618 +6.6%$585,000 +0.1%
    2024$6,210 +14.2%$584,600 +11.1%
    2023$5,436 +8.7%$526,100 +24.3%
    2022$5,000 +13.7%$423,200
    2021$4,398 +3.6%$423,200 +19.7%
    2020$4,246 $353,500
    2019$4,246 $353,500 -1.1%
    2018$4,246 -3.3%$357,300 +5.3%
    2017$4,390 +9.9%$339,400 +16.1%
    2016$3,994 +17.5%$292,400 +19.5%
    2015$3,398 $244,600 +13.3%
    2013$3,398 -14.9%$215,900
    2012$3,994 $215,900 -34.7%
    2011$3,994 +7.5%$330,600 -14.8%
    2010$3,714 +7%$388,100
    2009$3,472 +18.5%--
    2008$2,930 +16.5%--
    2007$2,516 +22.6%--
    2006$2,052 +14.6%--
    2005$1,791 +7.9%--
    2004$1,660 +5.5%--
    2003$1,573 +9.4%--
    2002$1,438 -2%--
    2001$1,468 --
    Find assessor info on the county website

    Neighborhood: 55025

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    Estimated market value
    $544,100
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    Estimated market value
    $544,100

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