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  • $263,750

    507 2nd Ave SW, Forest Lake, MN 55025

    3beds
    1,028sqft
    Single Family Residence
    Built in 1915
    0.25 Acres Lot
    $266,300 Zestimate®
    $257/sqft
    $2,096 Estimated rent

    Home value

    $266,300

    Estimated sales range

    Not available

    $2,096/mo

    Zestimate® history
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    What's special

    Handy shedPrivate patio
    Welcome Home! This 1-1/2 story Craftsman home is simply waiting for the Buyer who is wanting to embellish the character of a classic, early 1900's home. The home boasts a spacious, living/dining room, a main level bedroom or office, a full bath, a bright, sun-drenched, enclosed and heated/cooled front porch, as well as original hardwood floors and woodwork. Also included is a large 2 car garage, a concrete drive with plenty of parking space, a private patio, a handy shed, a "fun" Campfire Circle, and it all sits on a nice, corner lot, within walking distance of shopping, restaurants, hiking/biking/snowmobiling trails, and the beach! The 2nd level features two bedrooms and accessible storage space. The front bedroom has an attractive, wood planked, barrel ceiling. The full basement is unfinished, and offers additional, useable space for the new Owner to be creative, and to enjoy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen K. Hursh 651-343-7590,

    LaBelle Real Estate Group Inc,

    Emily L. Fish 651-331-1248

    Bought with:

    Michael Higgins

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6820374MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Bedroom 2
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 3
    • Level: Upper
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Den
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Dining room
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Living room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Porch
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 24x7
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
    • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Block,Daylight,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,028
    • Total interior livable area: 1,028 sqft
    • Finished area above ground: 1,028
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, Electric, Garage Door Opener, Heated Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (30x24), Garage Door Height (7), Garage Door Width (16)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Enclosed, Front Porch, Patio
    • Fencing: None
    Lot
    • Size: 0.25 Acres
    • Dimensions: 75 x 150
    • Features: Corner Lot, Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 848
    • Parcel number: 0803221240073
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Age Over 8 Years,Pitched
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Forest Lake

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    2/4/2026Sold$263,750-7.5%$257/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6820374 Report a problem
    11/21/2025Listed for sale$285,000+54.1%$277/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6820374 Report a problem
    9/13/2024Listing removed$2,000$2/sqft
    Source: Zillow Rentals Report a problem
    7/23/2024Listed for rent$2,000$2/sqft
    Source: Zillow Rentals Report a problem
    5/21/2020Sold$185,000+42.4%$180/sqft
    Source: Public Record Report a problem
    10/16/2015Sold$129,900$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4636952 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,492 +44.7%$254,300 +8.5%
    2024$2,414 +1.3%$234,300 +0.6%
    2023$2,384 +11.2%$233,000 +28.4%
    2022$2,144 +12.3%$181,400
    2021$1,910 -23.8%$181,400 +6.8%
    2020$2,506 $169,800
    2019$2,506 $169,800 +12.7%
    2018$2,506 +18.2%$150,700 +3.1%
    2017$2,120 +23.8%$146,100 +5.9%
    2016$1,712 +35.4%$137,900 +40.9%
    2015$1,264 $97,900 +18.2%
    2013$1,264 +10.3%$82,800 +6.3%
    2012$1,146 $77,900 -21.5%
    2011$1,146 -25.8%$99,200 -35.3%
    2010$1,544 +23.5%$153,300
    2009$1,250 -9.9%--
    2008$1,388 +3.6%--
    2007$1,340 +11.1%--
    2006$1,206 +10.6%--
    2005$1,090 +8.7%--
    2004$1,003 --

    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $266,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $266,300