165 1st St
Forest Lake, MN 55025
2 bd 1 ba 960 sqft Built 1983 Lot 46,609 sqft condos
Most recent sale
$315,000
Jun 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2023 | Sold | $319,000 | NorthstarMLS |
| Jun 6, 2022 | Sold | $315,000 | MLS #6187817 |
| May 1, 2022 | Listed | $295,000 | MLS #6187817 |
| May 4, 2012 | Listing removed | $225,000 | NorthstarMLS |
| Apr 1, 2008 | Listed | $225,000 | MLS #3520844 |
| Aug 31, 1998 | Sold | $90,000 | MLS #1281094 |
| Jul 12, 1997 | Listed | $92,900 | MLS #1281094 |
| Sep 20, 1995 | Sold | $85,000 | Public Record |
| Aug 1, 1989 | Sold | $57,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $119,600 | $149,000 | $268,600 | $2,970 |
| 2024 | $114,700 | $156,500 | $271,200 | $2,808 |
| 2023 | $115,000 | $151,100 | $266,100 | $2,738 |
| 2022 | $89,500 | $117,500 | $207,000 | $2,474 |
| 2021 | $86,100 | $117,200 | $203,300 | $2,464 |
| 2020 | $84,300 | $114,000 | $198,300 | $2,446 |
| 2019 | $80,100 | $109,500 | $189,600 | $2,396 |
| 2018 | $75,800 | $109,100 | $184,900 | $2,238 |
| 2017 | $71,200 | $78,800 | $150,000 | $1,948 |
| 2016 | $70,300 | $91,900 | $162,200 | $2,010 |
| 2015 | $64,400 | $77,900 | $142,300 | $1,688 |
| 2014 | $64,300 | $78,600 | $142,900 | $1,830 |
| 2013 | $63,800 | $77,800 | $141,600 | $1,840 |
| 2012 | $63,800 | $77,800 | $141,600 | $1,796 |
| 2011 | $74,100 | $105,000 | $179,100 | $1,626 |
| 2010 | $74,100 | $105,000 | $179,100 | $1,818 |
| 2009 | — | — | $213,500 | $1,734 |
| 2007 | — | — | $163,100 | $1,200 |
| 2006 | — | — | $143,900 | $1,040 |
Property facts
Year built
1983
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
960 sqft
Lot size
46,609 sqft
ZIP code
55025
City
Forest Lake
Street
1st St
Coordinates
45.28114, -92.98311
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value
—
Frequently asked questions
When did 165 1st St last sell?
165 1st St most recently sold on Jun 6, 2022 for $315,000.
What is the current tax assessment for 165 1st St?
The most recent total assessment for 165 1st St (year 2025) is $268,600 with $2,970 in property tax.
How does 165 1st St's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $315,000.
When was 165 1st St built?
165 1st St was built in 1983.
How does 165 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 165 1st St?
165 1st St is a 2 bed, 1 bath, 960 sqft, 46,609 sqft lot condos.
Is 165 1st St a flip candidate?
No — 165 1st St does not appear in our flips dataset.
Is 165 1st St a tax-appeal candidate?
No — 165 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