157 1st St
Forest Lake, MN 55025
2 bd 1 ba 1,026 sqft Built 1983 Lot 46,650 sqft condo
Most recent sale
$275,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 7, 2024 | Sold | $294,000 | Public Record |
| Jul 1, 2024 | Sold | $294,000 | NorthstarMLS |
| May 18, 2022 | Sold | $275,000 | MLS #6168174 |
| Mar 23, 2022 | Listed | $265,000 | MLS #6168174 |
| Oct 30, 2021 | Listing removed | $300,000 | NorthstarMLS |
| Sep 1, 2021 | Relisted | $300,000 | MLS #6014837 |
| Jul 1, 2021 | Listing removed | $300,000 | NorthstarMLS |
| Jul 2, 1998 | Sold | $80,000 | Public Record |
| Jun 25, 1998 | Sold | $91,900 | MLS #1340023 |
| Apr 14, 1998 | Listed | $95,000 | MLS #1340023 |
| May 16, 1992 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $124,500 | $149,500 | $274,000 | $3,028 |
| 2024 | $119,200 | $156,900 | $276,100 | $2,858 |
| 2023 | $119,400 | $151,300 | $270,700 | $2,784 |
| 2022 | $93,000 | $117,800 | $210,800 | $2,518 |
| 2021 | $87,900 | $117,400 | $205,300 | $2,486 |
| 2020 | $88,900 | $114,400 | $203,300 | $2,506 |
| 2019 | $84,400 | $110,000 | $194,400 | $2,456 |
| 2018 | $79,900 | $109,500 | $189,400 | $2,292 |
| 2017 | $75,300 | $79,200 | $154,500 | $2,004 |
| 2016 | $74,100 | $92,400 | $166,500 | $2,062 |
| 2015 | $68,000 | $78,400 | $146,400 | $1,736 |
| 2014 | $68,000 | $79,000 | $147,000 | $1,880 |
| 2013 | $67,300 | $78,300 | $145,600 | $1,892 |
| 2012 | $67,300 | $78,300 | $145,600 | $1,840 |
| 2011 | $77,800 | $105,000 | $182,800 | $1,668 |
| 2010 | $77,800 | $105,000 | $182,800 | $1,748 |
| 2009 | — | — | $218,100 | $1,778 |
| 2007 | — | — | $166,900 | $1,236 |
| 2006 | — | — | $147,300 | $1,074 |
Property facts
Year built
1983
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
1,026 sqft
Lot size
46,650 sqft
ZIP code
55025
City
Forest Lake
Street
1st St
Coordinates
45.28114, -92.98311
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,539
Gross rental yield
6.72%
Implied cap rate
4.37%
Trend-extrapolated value
—
Frequently asked questions
When did 157 1st St last sell?
157 1st St most recently sold on May 18, 2022 for $275,000.
What is the current tax assessment for 157 1st St?
The most recent total assessment for 157 1st St (year 2025) is $274,000 with $3,028 in property tax.
How does 157 1st St's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $275,000.
When was 157 1st St built?
157 1st St was built in 1983.
How does 157 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 157 1st St?
157 1st St is a 2 bed, 1 bath, 1,026 sqft, 46,650 sqft lot condo.
Is 157 1st St a flip candidate?
No — 157 1st St does not appear in our flips dataset.
Is 157 1st St a tax-appeal candidate?
No — 157 1st St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St