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  • $518,000

    7627 242nd St, Forest Lake, MN 55025

    4beds
    2,586sqft
    Single Family Residence
    Built in 2016
    0.78 Acres Lot
    $515,400 Zestimate®
    $200/sqft
    $3,209 Estimated rent

    Home value

    $515,400

    $454,000 - $588,000

    $3,209/mo

    Zestimate® history
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    What's special

    Don't miss out on this gorgeous custom built two story, on nearly an acre sized corner lot in the Liberty Ponds neighborhood. The entire property has been meticulously kept and cared for. You will fall in love with the many features this home has to offer, including a spacious kitchen featuring granite countertops, a pantry and large center island. A front porch perfect for enjoying a quiet morning or afternoon. A patio and deck in the back yard for all your grilling and yard game needs. An enormous primary suite with full bath and walk in closet. A walk in closet off of the secondary bedroom and another full bath on the second floor. A gas fireplace in the living room to cozy up on those chilly nights. A huge unfinished basement (including a rough in for another bathroom) where you can bring your dreams to life! An irrigation system to maintain the beautiful lawn, plenty of garage space and more! Schedule your tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob P. Petroske 612-554-9795,

    Realty Executives Top Results

    Bought with:

    Dewey Vang

    BRIX Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6756020MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/4 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 16 x 15
    Bedroom 2
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 4
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Dining room
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12 x 9
    Family room
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17x14
    Living room
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 10 x 15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Upper Level
    Features
    • Basement: Full,Concrete,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,586
    • Total interior livable area: 2,586 sqft
    • Finished area above ground: 2,586
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch
    Lot
    • Size: 0.78 Acres
    • Dimensions: 194 x 164 x 222 x 156
    • Features: Corner Lot
    Details
    • Foundation area: 1293
    • Parcel number: 211071728
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: Shared Septic, Tank with Drainage Field
    • Water: Shared System, Well

    Community & HOA

    Community
    • Subdivision: Liberty Ponds
    HOA
    • Has HOA: Yes
    • Services included: Sewer, Water
    • HOA fee: $190 monthly
    • HOA name: Gaughan Companies
    • HOA phone: 651-464-5700
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $513,000
    • Annual tax amount: $7,027
    • Date on market: 7/18/2025
    • Cumulative days on market: 44 days

    Price history

    DateEventPrice
    10/1/2025Sold$518,000-2.2%$200/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6756020 Report a problem
    9/3/2025Pending sale$529,900$205/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6756020 Report a problem
    8/5/2025Price change$529,900-3.6%$205/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6756020 Report a problem
    7/21/2025Listed for sale$549,900$213/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6756020 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,044 -0.8%$512,600 -3%
    2023$7,098 +7.8%$528,300 +25%
    2022$6,584 +2%$422,700 +2.5%
    2021$6,454 +2.9%$412,300
    2020$6,270 +384.5%--
    2017$1,294 +21.8%--
    2016$1,062 --
    2015$1,062 +23.8%--
    2014$858 $25,000
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $515,400
    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
    $515,400