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  • $253,000

    555 1st Ave NW, Forest Lake, MN 55025

    4beds
    1,894sqft
    Single Family Residence
    Built in 1951
    0.26 Acres Lot
    $335,500 Zestimate®
    $134/sqft
    $2,921 Estimated rent

    Home value

    $335,500

    $319,000 - $352,000

    $2,921/mo

    Zestimate® history
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    What's special

    Big box storesLocal eateriesOriginal hardwood floorsBrick fireplace
    Welcome to the heart of Forest Lake and this 4 bed, 3 bath home with character and potential. The main level features original hardwood floors and brick fireplace that welcome you on cold winter nights and an abundance of windows give this home a sunny disposition each day. Enjoy a main level full bath & bedroom with plenty of living area to spread out. The lower level offers a second fireplace, 3/4 bath and charming layout just waiting for you to bring it to life. Head upstairs to enormous opportunity! Another 3/4 bath and several bedrooms or make some changes and re-allocate the space. Owners suite maybe? With local eateries, coffer shops and pizza joints for some lake life time, along with the big box stores just down the street make it easy to tackle your to-do list. Walk to the lake, your favorite restaurants and the coffee shop. Commuting will be a breeze when you are just minutes from Hwy 35, grocery and other easy pitstops for dinner on the way home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cory Rudnitski 763-443-2333,

    RE/MAX Advantage Plus,

    Jessica Rudnitski 763-443-3658

    Bought with:

    Troy A. Martenson

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6468242MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 2
    • Level: Upper
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 4
    • Level: Upper
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Deck
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Dining room
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Family room
    • Level: Lower
    • Area: 330 Square Feet
    • Dimensions: 30x11
    Other
    • Level: Lower
    • Area: 56 Square Feet
    • Dimensions: 8x7
    Kitchen
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16x10
    Laundry
    • Level: Lower
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Patio
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16x10
    Utility room
    • Level: Lower
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Heating
    • Hot Water
    Cooling
    • None
    Appliances
    • Laundry: Lower Level, Laundry Room
    Features
    • Basement: Drain Tiled,Finished,Full,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,894
    • Total interior livable area: 1,894 sqft
    • Finished area above ground: 1,460
    • Finished area below ground: 434

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Patio
    • Fencing: Chain Link,Wood
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Near Public Transit
    • Topography: Level
    Details
    • Foundation area: 908
    • Parcel number: 0803221210053
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: JW Houles Addition
    HOA
    • Has HOA: No
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $134/sqft
    • Tax assessed value: $281,400
    • Annual tax amount: $2,678
    • Date on market: 12/13/2023
    • Cumulative days on market: 56 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/26/2024Sold$253,000+1.2%$134/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468242 Report a problem
    2/6/2024Pending sale$249,900$132/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468242 Report a problem
    1/18/2024Price change$249,900-7.4%$132/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468242 Report a problem
    12/13/2023Listed for sale$269,900+136.5%$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468242 Report a problem
    1/5/2015Listing removed$1,495$1/sqft
    Source: Main Street Renewal Report a problem
    1/2/2015Listed for rent$1,495$1/sqft
    Source: Main Street Renewal Report a problem
    5/22/2013Sold$114,100-2.9%$60/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2017889 Report a problem
    3/28/2013Listed for sale$117,500-33.5%$62/sqft
    Source: KELLER WILLIAMS Premier Realty - Chain of Lakes Group #4348794 Report a problem
    8/28/2012Sold$176,726$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,880 +5.9%$260,200 -1.5%
    2024$2,720 +1.6%$264,100 +0.9%
    2023$2,678 +11.2%$261,800 +28.5%
    2022$2,408 +2.1%$203,700
    2021$2,358 -23.3%$203,700 +6.5%
    2020$3,074 $191,300
    2019$3,074 $191,300 +15%
    2018$3,074 +0.2%$166,400 +3.3%
    2017$3,068 +44.2%$161,100 +9.9%
    2016$2,128 +13%$146,600 -3.7%
    2015$1,884 $152,300 +12.7%
    2013$1,884 -1.9%$135,100 +33%
    2012$1,920 $101,600 -14.3%
    2011$1,920 +14.4%$118,500 -26.6%
    2010$1,678 +2.6%$161,500
    2009$1,636 -14%--
    2008$1,902 +25.8%--
    2007$1,512 -0.9%--
    2006$1,526 +6.3%--
    2005$1,435 +8.3%--
    2004$1,325 +1.5%--
    2003$1,305 +6.6%--
    2002$1,224 -14.5%--
    2001$1,432 --
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $335,500
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    Estimated market value
    $335,500