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  • $550,000

    7850 242nd St, Forest Lake, MN 55025

    3beds
    2,966sqft
    Single Family Residence
    Built in 2015
    0.83 Acres Lot
    $547,800 Zestimate®
    $185/sqft
    $3,545 Estimated rent

    Home value

    $547,800

    $477,000 - $624,000

    $3,545/mo

    Zestimate® history
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    What's special

    ** MULTIPLE OFFERS RECEIVED**. Highest and best offers are due Monday, July 14 at 6pm. Welcome home to this beautiful two story located in Liberty Ponds in Forest Lake. The first thing you will notice is the front porch inviting you to sit, relax and enjoy a cup of tea to unwind the day. Entering the front door you will notice the open layout. The living room has plenty of space for your furniture and extra space to have a sitting/reading area next to the window. The open kitchen and large dining room has loads of space to entertain all your guests. The kitchen is welcoming with its large center island with quartz top, stainless steel appliances, subway tile back splash and great cabinet/countertop space. Walk out to the massive cedar deck, relax and enjoy your evening overlooking your huge yard. Upstairs boosts 3 large bedrooms and a big loft. Use it for an office or wall it off and have a 4th bedroom. The primary suite has its own full bathroom with walk in shower and separate soak tub along with a walk in closet. Ready to entertain? Walk down stairs to the finished lower level complete with bar that has its own keg aerator, wine frig, ice maker, refrigerator and microwave. This will truly be the spot to hang out watching movies or the sports games. The owners have spent a lot of money on this and it shows. The walk out lower level leads to a big cement patio and a well maintained yard that is fully fenced and has irrigation to keep the grass looking good all summer long. Take advantage of the big storage shed for the lawn equipment or the extra toys you might need to store aside from the main garage. The 3 stall garage is insulated and heated with TONS of storage for anything you might have. This home is a must see, schedule your private tour today and make this home yours.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Schoenberger 612-418-6612,

    RE/MAX Results,

    Gregory J Weinberger 952-412-8713

    Bought with:

    Jacob Taylor

    Keller Williams Classic Rlty NW

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6750966MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 2
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 3
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Deck
    • Level: Main
    • Area: 275 Square Feet
    • Dimensions: 25x11
    Dining room
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Family room
    • Level: Lower
    • Area: 418 Square Feet
    • Dimensions: 22x19
    Kitchen
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Living room
    • Level: Main
    • Area: 391 Square Feet
    • Dimensions: 23x17
    Loft
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Patio
    • Level: Lower
    • Area: 250 Square Feet
    • Dimensions: 25x10
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Upper Level
    Features
    • Basement: Drain Tiled,Sump Pump,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,966
    • Total interior livable area: 2,966 sqft
    • Finished area above ground: 2,184
    • Finished area below ground: 782

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Door Height (7), Garage Door Width (16)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch, Patio
    • Pool features: None
    • Fencing: Chain Link,Full
    Lot
    • Size: 0.83 Acres
    • Dimensions: 150 x 232 x 157 x 241
    • Features: Tree Coverage - Light
    Details
    • Additional structures: Storage Shed
    • Foundation area: 951
    • Parcel number: 211071758
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: Shared Septic
    • Water: Shared System, Well

    Community & HOA

    Community
    • Subdivision: Liberty Ponds
    HOA
    • Has HOA: Yes
    • Services included: Professional Mgmt, Sewer, Water
    • HOA fee: $190 monthly
    • HOA name: Gaughan Assocaition Management
    • HOA phone: 612-238-4400
    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $449,800
    • Annual tax amount: $6,072
    • Date on market: 7/7/2025
    • Cumulative days on market: 18 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/12/2025Sold$550,000+0.9%$185/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6750966 Report a problem
    7/29/2025Pending sale$545,000$184/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6750966 Report a problem
    7/11/2025Listed for sale$545,000+39.8%$184/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6750966 Report a problem
    6/15/2020Sold$389,900$131/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5551058 Report a problem
    5/9/2020Pending sale$389,900$131/sqft
    Source: Keller Williams Classic Realty #5551058 Report a problem
    4/10/2020Listed for sale$389,900+6.8%$131/sqft
    Source: Keller Williams Classic Realty #5551058 Report a problem
    6/5/2019Sold$364,999$123/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5141183 Report a problem
    4/23/2019Pending sale$364,999$123/sqft
    Source: Keller Williams Premier Realty #5141183 Report a problem
    4/1/2019Price change$364,999-1.4%$123/sqft
    Source: Keller Williams Premier Realty #5141183 Report a problem
    3/11/2019Price change$369,999-2.6%$125/sqft
    Source: Keller Williams Premier Realty #5141183 Report a problem
    1/23/2019Listed for sale$379,999$128/sqft
    Source: Keller Williams Premier Realty #5141183 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,072 -1.4%$443,700 -4.3%
    2023$6,156 +14.6%$463,600 +34.7%
    2022$5,372 -1.9%$344,200 -1.4%
    2021$5,476 +3.1%$349,200
    2020$5,312 -1.2%--
    2017$5,374 +100%--
    2016$2,687 +392.1%--
    2015$546 -36.4%--
    2014$858 +73%$25,000
    2013$496 +5.1%--
    2012$472 -1.7%--
    2011$480 +63.3%--
    2010$294 --
    Find assessor info on the county website

    Neighborhood: 55025

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $547,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $547,800