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!
Closed
$130,000
531 2nd Ave SW, Forest Lake, MN 55025
1beds
602sqft
Single Family Residence
Built in 1936
0.26 Acres Lot
$190,800 Zestimate®
$216/sqft
$1,315 Estimated rent
Home value
$190,800
$172,000 - $212,000
$1,315/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 26, 2024 at 07:15pm
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#: 6368286
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- 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
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
- Total spaces: 2
- Parking features: Gravel
- Uncovered spaces: 2
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
- Vinyl Siding, Block
- Roof: Age 8 Years or Less
Condition
- Age of Property: 88
- 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 & neighborhood
Location
- Region: Forest Lake
- Subdivision: Houles 02 Add Forest Lake
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $130,000-23.5%$216/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6368286 | ||
| 8/16/2023 | Pending sale | $169,900$282/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6368286 | ||
| 8/5/2023 | Price change | $169,900-9.6%$282/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6368286 | ||
| 8/4/2023 | Price change | $187,900-1.1%$312/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6368286 | ||
| 7/29/2023 | Listed for sale | $189,900$315/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6368286 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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% |
Find assessor info on the county website
Neighborhood: 55025
Nearby schools
GreatSchools rating
- 3/10Forest View Elementary SchoolGrades: PK-3Distance: 0.2 mi
- 7/10Forest Lake Area Middle SchoolGrades: 7-8Distance: 1.5 mi
- 7/10Forest Lake Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$190,800
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
$190,800