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1055 17th Street Southeast

1055 17th Street Southeast, Forest Lake, MN 55025
Property in Forest Lake
Sold Jul 18, 2022
$715,000
$572,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2052
Sold Jun 17, 2022
$715,000
$572,000
Mortgage
1055 17th Street Southeast has been categorized by the local assessors in Forest Lake, MN as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1055 17th Street Southeast has 1,616 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,620 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 19,467 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 260 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1055 17th Street Southeast sold most recently in Jun 17, 2022 for a total of $715,000. If you work out the math, that's approximately a cost of $442.45 per sqft. Before that, the property was also sold for $715,000 in Jun 17, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,914 in taxes each year. 1055 17th Street Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $581,600. If we break it down further, the land itself was valued at $335,100. Improvements to the property, however, were assessed at a total of $246,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 19,467
  • Lot Size Depth Feet: 3,620
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,616
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.447
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 09 TOWNSHIP 032 RANGE 021 PT GOV LOT 1 FROM THE SW CORNER OF SD LOT 1 GO NORTH 493 FT THENCE EAST 281.6 FT THENCE

Ownership

  • Current Owner : ANDERSON BRENT S
  • Previous Owner : THOMPSON MARK S
  • Previous Owner 2: THOMPSON MICHELLE M
  • Owner Before Previous Owner: THOMPSON MARK
  • Owner Before Previous Owner 2: MARX-THOMPSON MICHELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Lake Public School District
  • School Tax School District: FOREST LAKE
  • Census Tract: 070104

Geography

  • District: 0600
  • Parcel: 09-032-21-44-0012
  • Lot: 1
  • Meridian: SEC 9 TWN 32N RNG 21W
  • Municipality: CITY OF FOREST LAKE
  • Latitude: 45.2688
  • Longitude: -92.9612

    Address

  • Full Address: 1055 17th St Se
  • Address - House Number: 1055
  • Street Segment Direction: SE
  • Address - Street Name: 17th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Forest Lake
  • Carrier Code: C002
  • 4-Digit Zip Code: 2023
  • Zip Code: 55025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,914
  • Tax Rate Code Area: 2501 831 C

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 592,099
  • High Value: 682,053
  • Low Value: 502,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $572,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $572,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $581,600
  • Market Land Value: $335,100
  • Market Improvement Value: $246,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $581,600
  • Assessed Land Value: $335,100
  • Assessed Improvements Value: $246,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Transaction ID: 11892430539
  • Current Sale Price: $715,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4378228
  • Previous Sale Recording Date: Jun 17, 2022
  • Previous Sale Contract Date: Jun 17, 2022
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 18, 2022
  • First Mortgage Loan Amount: $572,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 17, 2022
  • Previous Mortgage Loan Amount: $572,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Forest Lake



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Frequently Asked Questions

What neighborhood is 1055 17th Street Southeast located in?
The 1055 17th Street Southeast is a located in the neighborhood of Forest Lake in Forest Lake, Forest Lake.
What is the average sales price for listings in 1055 17th Street Southeast?
The average sales price for units in 1055 17th Street Southeast is $0 currently.

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