Best value on lakeshore under 500k!! South Center Lake front property w/ 2 BR/1BA apartment(1056 sq. ft.) tucked under 3 stall garage. Main house is a charming 2BR/1BA craftsman style bungalow with windows overlooking the lake, natural woodwork, hardwood floors, coved ceiling, 2 fireplaces, large deck & screen porch, walkout lower level to large patio. 135 ft of level lakeshore with very nice landscaping. The apartment currently unoccupied, it could rent for $1500+/- month. Oversized 3 car garage with plenty of storage and workshop space. Property is walking distance to several restaurants and bars, or take a short boat ride to the community dock, park and walk to dinner!
Closed
$462,500
505 Park Island Rd, Center City, MN 55012
2beds
1,600sqft
Single Family Residence
Built in 1922
0.28 Acres Lot
$463,900 Zestimate®
$289/sqft
$1,730 Estimated rent
Home value
$463,900
$394,000 - $543,000
$1,730/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 01, 2025 at 11:49pm
Listed by:
Robert Randall 651-503-4611,
RE/MAX Synergy
Bought with:
Shelley R Museus
Museus Team Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6578297
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Lower
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Lower
- Area: 99 Square Feet
- Dimensions: 11x9
Dining room
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Family room
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 16x14
Kitchen
- Level: Upper
- Area: 171 Square Feet
- Dimensions: 19x9
Living room
- Level: Upper
- Area: 325 Square Feet
- Dimensions: 25x13
Screened porch
- Level: Lower
- Area: 160 Square Feet
- Dimensions: 20x8
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 850
- Finished area below ground: 750
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Garage Dimensions (36x30)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Lake Front, Waterfront Elevation(4-10), Waterfront Num(13002700), Lake Chain, Lake Acres(835), Lake Chain Acres(5357), Lake Depth(109)
- Body of water: South Center,Chisago Lakes
- Frontage length: Water Frontage: 135
Lot
- Size: 0.28 Acres
- Dimensions: 135 x 115
Details
- Foundation area: 756
- Parcel number: 120003300
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Steel Siding
Condition
- Age of Property: 103
- New construction: No
- Year built: 1922
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Center City
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $462,500-2.6%$289/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6578297 Report a problem | ||
| 9/2/2024 | Pending sale | $475,000$297/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6578297 Report a problem | ||
| 8/1/2024 | Listed for sale | $475,000-4.8%$297/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6578297 Report a problem | ||
| 8/1/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6513670 Report a problem | ||
| 7/23/2024 | Price change | $499,000-0.2%$312/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6513670 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,392 +0.7% | $383,100 -0.1% |
| 2023 | $4,360 -6.1% | $383,400 +13.8% |
| 2022 | $4,642 +8.7% | $336,800 +12.2% |
Find assessor info on the county website
Neighborhood: 55012
Nearby schools
GreatSchools rating
- NAChisago Lakes Elementary SchoolGrades: PK-1Distance: 3.8 mi
- 8/10Chisago Lakes Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Chisago Lakes Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value$463,900
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
$463,900