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83 1st St SE, Forest Lake, MN, 55025

$574,900

Home List Price

$6,827*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,365 SqFt
$421/SqFt
Townhouse

Location

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83 1st St SE, Forest Lake$574,900

Buyer Closing Credits

$6,827*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage, Heated Garage, Insulated Garage
Attached Garage2 spaces
Year Built1984
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontWater Access, Deeded Access, Lake Front, Shared
ViewOther
MLS #6601801
StatusActive

About 83 1st St SE

Highly sought after and rare lakefront, end-unit townhome in the heart of downtown Forest Lake. Renovated from top to bottom in 2022, you will love the eastern views of 1st Lake and walkability to restaurants, shops, parks and trails. This 2 bed, 3 bath unit has tasteful finishes throughout and wonderful amenities - 2-car heated garage, custom kitchen with Cambria counters and renovated bathrooms, new LVP flooring/carpet, updated enameled trim and millwork, Trex decking, spacious patio, shared dock and beach. Move right in and start enjoying the lake life! Don't miss the 3D tour of this one!

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 1,365 SqFt

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Deeded Access, Lake Front, Shared
  • View: Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Heated Garage, Insulated Garage

Virtual/3D Tour

  • 3D Tour: 83 1st St SE
3D Tour

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Forest Lake Area Senior High, Public District Grades 10-12
  • Forest Lake Elementary, Public District Grades 4-6
  • Forest View Elementary, Public District Grades KG-3

Other

Directions Information:

  • Directions: Lake St. to 1st St. SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,900
  • Price Per SqFt: $421/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,228
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Forest Lake, MN.

Med. Sold Price

$396.7K

Med. Price/SqFt

$196

Avg. Days On Market

45

# of Sold Homes

25

83 1st St SE vs Forest Lake

48 DAYS ON ROCKET

+3 Days

$574,900

+$178.1K More

$421/SqFt

+$225 More

KEY TAKEAWAY

This property is $178.1K more than the Median Sold Price and $225/SqFt more than other homes in Forest Lake, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6601801

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

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Last updated on: 11/5/2024, 11:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2021Home Sold
$360,000
Jun 03, 2014Home Sold
$184,900
Nov 25, 2009Home Sold
$252,750

Tax History

YEARPROP. TAXASSESSMENT
2020$3,228$280,000
2019$3,202$261,200
2018$2,828$249,300
2017$2,828$234,500

History based on county public records data.

Payment Calculator

$3,337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-107265
3
/10
  • Forest View Elementary

  • 620 4th St SW

  • 0.44 miles

  • Public District Grades KG-3

Middle School

school-card-donut-107266
4
/10
  • Forest Lake Elementary

  • 408 4th St SW

  • 0.34 miles

  • Public District Grades 4-6

High School

school-card-donut-107267
6
/10
  • Forest Lake Area Senior High

  • 6101 Scandia Trl N

  • 1.34 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,804. Typical income of Forest Lake, MN residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 83 1st St SE

What is the listing price of this property?

The listing price of 83 1st St SE property is $574,900.

What type of property is this?

The property 83 1st St SE is a townhouse located in Forest Lake, Minnesota, 55025.

Is this property for sale now?

Active Listing: 83 1st St SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 83 1st St SE are:
Forest View Elementary: GreatSchools Rating 3/10
Forest Lake Elementary: GreatSchools Rating 4/10
Forest Lake Area Senior High: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,228 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 8, 2021 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 83 1st St SE has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 83 1st St SE is 1,365 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 83 1st St SE is 1984.

Rocket Homes›Minnesota›Washington County›Forest Lake›55025›83 1st St SE

This home is located at 83 1st St SE in Forest Lake, MN and zip code 55025. This 1,365 square foot home was built in 1984. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $574,900.

In October 2024, from all listings sold in Forest Lake, MN there were more than 6 sold above asking price, over 12 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Forest Lake, MN increased by 7.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $396,733.

From Rocket Homes Real Estate and based on county public records data.

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