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  • $330,000

    407 1st Ave NW, Forest Lake, MN 55025

    4beds
    2,164sqft
    Single Family
    Built in 1890
    7,448 Square Feet Lot
    $332,300 Zestimate®
    $152/sqft
    $2,562 Estimated rent

    Home value

    $332,300

    $306,000 - $359,000

    $2,562/mo

    Zestimate® history
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    What's special

    Discover your dream home in Forest Lake with over $60,000 in updates and renovations done since 2020 including new roof and siding. This home is currently being used as a duplex which offers the perfect blend of comfort and investment potential. Live here, rent out a unit or house loved ones nearby. 3-bedroom 1 bath unit on the main level and a 1-bedroom 1 bath unit upstairs. Separate entrances to each unit. Heated and insulated garage. Convenient in town location close to all city amenities including the bike trail and Lakeside Memorial Park with boat launch all within walking distance. Don't miss this opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    R. Kevin Marois 651-755-0727,

    Keller Williams Premier Realty

    Bought with:

    Erik Holm

    LPT Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6670296MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 132.25 Square Feet
    • Dimensions: 11.5x11.5
    Bedroom 2
    • Level: Main
    • Area: 86.25 Square Feet
    • Dimensions: 11.5x7.5
    Bedroom 3
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Dining room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Kitchen
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Kitchen
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Living room
    • Level: Main
    • Area: 310.5 Square Feet
    • Dimensions: 11.5x27
    Living room
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: In Hall
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,164
    • Total interior livable area: 2,164 sqft
    • Finished area above ground: 1,900
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Heated Garage, Insulated Garage
    • Attached garage spaces: 2
    • Details: Garage Dimensions (24x24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Fencing: Partial,Wood
    Lot
    • Size: 7,448 Square Feet
    • Dimensions: 50 x 150
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1350
    • Parcel number: 0803221210045
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • ICFs (Insulated Concrete Forms)
    • Roof: Age 8 Years or Less,Pitched
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Houles Jw Add
    HOA
    • Has HOA: No
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $288,200
    • Annual tax amount: $2,853
    • Date on market: 2/21/2025
    • Cumulative days on market: 134 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/2/2025Sold$330,000+1.5%$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6670296 Report a problem
    4/28/2025Pending sale$325,000$150/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6670296 Report a problem
    4/8/2025Price change$325,000-7.1%$150/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6670296 Report a problem
    2/26/2025Listed for sale$350,000+3%$162/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6670296 Report a problem
    12/30/2024Listing removed$339,900$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608265 Report a problem
    11/25/2024Price change$339,900-2.9%$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608265 Report a problem
    10/19/2024Listed for sale$349,900+45.9%$162/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608265 Report a problem
    12/1/2020Sold$239,900$111/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5662674 Report a problem
    10/20/2020Pending sale$239,900$111/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5662674 Report a problem
    10/6/2020Price change$239,900-4%$111/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5662674 Report a problem
    9/22/2020Listed for sale$249,900+56.2%$115/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5662674 Report a problem
    3/18/2020Listing removed$1,495$1/sqft
    Source: Owner Report a problem
    3/15/2020Listed for rent$1,495+19.6%$1/sqft
    Source: Owner Report a problem
    2/21/2020Sold$160,000$74/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5431477 Report a problem
    12/28/2019Listing removed$1,250$1/sqft
    Source: Red Key Realty Report a problem
    11/6/2019Listed for rent$1,250$1/sqft
    Source: Red Key Realty Report a problem
    10/20/2017Listing removed$1,250$1/sqft
    Source: Red Key Realty Report a problem
    10/14/2017Listed for rent$1,250+4.2%$1/sqft
    Source: Red Key Realty Report a problem
    4/18/2017Listing removed$1,200$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/14/2017Listed for rent$1,200$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,160 +10.6%$288,200 +3.9%
    2024$2,856 +1.5%$277,300 +0.8%
    2023$2,814 +10.4%$275,100 +27.6%
    2022$2,548 +15.2%$215,600
    2021$2,212 $215,600 +18.7%
    2020$2,212 $181,600
    2019$2,212 $181,600 +15.1%
    2018$2,212 +28.2%$157,800 +3.3%
    2017$1,726 +9.4%$152,700 +10.7%
    2016$1,578 +15.9%$137,900 +30.7%
    2015$1,362 $105,500 +18.3%
    2013$1,362 +24.7%$89,200 +5.9%
    2012$1,092 $84,200 -10.6%
    2011$1,092 -5.2%$94,200 -36.4%
    2010$1,152 -9.1%$148,000
    2009$1,268 -7.7%--
    2008$1,374 +4.1%--
    2007$1,320 +4.6%--
    2006$1,262 +13%--
    2005$1,117 +8.8%--
    2004$1,027 +1.6%--
    2003$1,011 +7.1%--
    2002$944 -14%--
    2001$1,098 --
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $332,300
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    Estimated market value
    $332,300