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    • $205,200

    531 2nd Ave SW, Forest Lake, MN 55025

    1beds
    602sqft
    Single Family Residence
    Built in 1936
    0.26 Acres Lot
    $205,200 Zestimate®
    $341/sqft
    $1,193 Estimated rent

    Home value

    $205,200

    $185,000 - $226,000

    $1,193/mo

    Zestimate® history
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    What's special

    Old garageLarge yardDouble pane windowsPartial drywall

    BACK ON MARKET BUYERS FINANCING FELL THROUGH - Super efficient home close to shopping, schools, and the lake. Many updates in the home makes this home very affordable. New Roof-Sept 2022, Furnace and A/C 2007, double pane windows and insulation too. ,TLC to finish to make this home shine. Fenced back yard. The garage was converted into a studio-insulated, partial drywall and electric. Great place to create projects, relax or convert back to a garage. Backyard has an old garage and a storage shed too. Large yard to enjoy. This is a great investment -home being sold As Is. Seller is open to all reasonable offers!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Beck 651-428-5108,

    Realty Executives Top Results

    Bought with:

    Mandie L. Deschamp

    LaBelle Real Estate Group Inc

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6368286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Dining room
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Kitchen
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 9x7
    Living room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Other
    • Area: 240 Square Feet
    • Dimensions: 12x20
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Basement: Sump Pump,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 602
    • Total interior livable area: 602 sqft
    • Finished area above ground: 602
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: Grab Bars In Bathroom, No Stairs External, No Stairs Internal
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Chain Link
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Irregular Lot
    Details
    • Additional structures: Other, Studio, Storage Shed
    • Foundation area: 572
    • Parcel number: 0803221240072
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Age 8 Years or Less,Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Houles 02 Add Forest Lake
    HOA
    • Has HOA: No
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $205,100
    • Annual tax amount: $1,740
    • Date on market: 5/11/2023
    • Cumulative days on market: 67 days

    Price history

    DateEventPrice
    8/25/2023Sold$130,000-23.5%$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    8/16/2023Pending sale$169,900$282/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    8/5/2023Price change$169,900-9.6%$282/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    8/4/2023Price change$187,900-1.1%$312/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    7/29/2023Listed for sale$189,900$315/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    7/1/2023Pending sale$189,900$315/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    5/22/2023Price change$189,900-5%$315/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    5/13/2023Listed for sale$199,900+73.8%$332/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6368286 Report a problem
    5/6/2002Sold$115,000+43.8%$191/sqft
    Source: Public Record Report a problem
    4/13/1999Sold$80,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,976 +9.2%$177,000 +2.2%
    2024$1,810 +4%$173,200 +3.5%
    2023$1,740 +17.6%$167,400 +37.3%
    2022$1,480 +0.4%$121,900 -16.5%
    2021$1,474 +4.7%$146,000 +6.7%
    2020$1,408 $136,800
    2019$1,408 $136,800 +6.8%
    2018$1,408 +6%$128,100 +8.7%
    2017$1,328 +17.9%$117,800 +6.7%
    2016$1,126 +23.2%$110,400 +42.6%
    2015$914 $77,400 +19.4%
    2013$914 -3.6%$64,800 +9.8%
    2012$948 $59,000 -27.3%
    2011$948 -0.8%$81,200 -37.1%
    2010$956 -5.9%$129,000
    2009$1,016 -0.2%--
    2008$1,018 +8.3%--
    2007$940 +19%--
    2006$790 +19.2%--
    2005$663 +10.7%--
    2004$599 +1.7%--
    2003$589 -12.6%--
    2001$674 --
    Find assessor info on the county website

    Neighborhood: 55025

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    Estimated market value
    $205,200
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    Estimated market value
    $205,200

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