See Home Value
Forest Lake 55025
525 Schilling Circle NW
$398,062*
House - Off Market

525 Schilling Circle NW

Forest Lake, MN 55025
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2616 Sqft
$356,000 - $434,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold May 26, 2023
$389,750
$311,800 by Mutual Of Omaha Mortgage, Inc.
Mortgage Due Jun 01, 2063
Sold Jun 02, 2016
$206,000
$195,700 by Midwestone Bank
Mortgage Due Jun 01, 2046

About This Property

Welcome home to this beautifully well-kept home on half an acre, tucked away in the heart of Forest Lake just minutes from all the amenities the city has to offer.The winter weather does not do this home justice! Come see the huge bedrooms, beautiful entertaining spaces, and the magnificent landscape with a view of the pond, just steps away from the park.Take in private views of your beautiful lush trees and lilac bushes in full bloom during the spring and summer months from your three-season porch or grab an apple from the newly planted fruit trees in this incredibly well maintained, fully-fenced in park-like yard.  Bring your ideas as you walk through the huge heated flex-space in the backyard; make it a workshop, craft room, office or gaming space.Perhaps you would like to host events, or have a she-shed. Add a bathroom and a little remodeling to turn it into a mother in-law apartment or at-home day-care. Whatever you are looking for, this home has it. Come take a look for yourself!

The manager has listed the unit size as 2616 square feet.
Unit Size
2,616Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

Price History

Date / Event Date Event Price
May 28, 2023 No longer available -
No longer available
May 26, 2023 Sold to Daniel Ratte, Jennifer Ratte $389,750
Sold to Daniel Ratte, Jennifer Ratte
Mar 30, 2023 Listed $395,000
Listed
Jun 2, 2016 Sold to Jamie M Hulett $206,000
Sold to Jamie M Hulett

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,296
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME PARK RIDGE LOT 2 BLOCK 3 SUBDIVISIONCD 33130 LT 2 BLK 3 PARK RIDGE & THAT PT OF LT 1 SD BLK 3 LYING ELY OF

Ownership

  • Current Owner : RATTE JENNIFER
  • Current Owner 2: RATTE DANIEL
  • Previous Owner : EDELMAN JAMIE
  • Previous Owner 2: EDELMAN RUSS
  • Owner Before Previous Owner: MUELLER ALEXANDER P
  • Owner Before Previous Owner 2: MUELLER ALYSE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Lake Public School District
  • School Tax School District: FOREST LAKE
  • Census Tract: 070103

Geography

  • District: 0600
  • Parcel: 05-032-21-34-0064
  • Block: 3
  • Lot: 2
  • Meridian: SEC 5 TWN 32N RNG 21W
  • Municipality: CITY OF FOREST LAKE
  • Latitude: 45.2853
  • Longitude: -92.9906

    Address

  • Full Address: 525 Schilling Cir Nw
  • Address - House Number: 525
  • Street Segment Direction: NW
  • Address - Street Name: Schilling
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Forest Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 1035
  • Zip Code: 55025

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,874
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 2501 831 C

    Appraisal Valuation

  • Standard Deviation: 0.0737
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 95
  • Final Value: 389,575
  • High Value: 418,317
  • Low Value: 360,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,800
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: May 31, 2023
  • First Open Lien Mortgage Loan Amount: $311,800
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2063

    Market Valuation

  • Market Total Value: $342,000
  • Market Land Value: $98,900
  • Market Improvement Value: $243,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $342,000
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $243,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Transaction ID: 11907485720
  • Current Sale Price: $389,750
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1538538
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: May 26, 2023
  • First Mortgage Loan Amount: $303,782
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MIDWESTONE BANK
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Loan Amount: $195,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forest Lake


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 525 Schilling Circle Northwest built and last sold?
The property at 525 Schilling Circle Northwest was built in 1981 and last sold on May 26, 2023 for $389,750.
How much is this home worth?
The estimated value of the home located at 525 Schilling Circle Northwest is $404,191.
What are some comparable homes to 525 Schilling Circle Northwest?
There are currently no comparable homes to 525 Schilling Circle Northwest.

Quantcast