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175 1st St

Forest Lake, MN 55025

2 bd 1 ba 936 sqft Built 1983 Lot 46,650 sqft condo
Most recent sale
$277,000
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2024 Sold $330,000 Public Record
Aug 31, 2022 Sold $277,003 Public Record
Apr 7, 2022 Sold $277,000 MLS #6107957
Jan 4, 2022 Relisted $275,000 MLS #6107957
Nov 23, 2021 Listing removed $285,000 NorthstarMLS
Oct 21, 2021 Relisted $285,000 MLS #6107957
Oct 12, 2021 Listing removed $285,000 NorthstarMLS
Oct 4, 2021 Listed $285,000 MLS #6107957
Jul 9, 2015 Sold $170,000 Public Record
Jan 1, 2015 Sold $170,000 Public Record
Aug 15, 2005 Sold $233,383 Public Record
Apr 19, 2000 Sold $95,000 Public Record
Dec 17, 1996 Sold $89,900 MLS #1230149
Nov 18, 1996 Listed $89,900 MLS #1230149

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $118,100 $148,800 $266,900 $2,952
2024 $113,200 $156,400 $269,600 $2,792
2023 $113,500 $150,900 $264,400 $3,362
2022 $95,500 $127,000 $222,500 $2,630
2021 $90,700 $127,000 $217,700 $2,606
2020 $91,700 $124,000 $215,700 $2,626
2019 $87,700 $120,000 $207,700 $2,584
2018 $83,400 $120,000 $203,400 $2,438
2017 $81,400 $90,000 $171,400 $2,192
2016 $79,100 $103,500 $182,600 $2,230
2015 $74,300 $90,000 $164,300 $1,914
2014 $74,200 $90,700 $164,900 $2,072
2013 $73,700 $90,000 $163,700 $2,082
2012 $73,700 $90,000 $163,700 $1,994
2011 $74,100 $105,000 $179,100 $1,834
2010 $74,100 $105,000 $179,100 $1,894
2009 $213,500 $1,910
2007 $164,600 $1,434
2006 $143,900 $1,280

Property facts

Year built
1983
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
936 sqft
Lot size
46,650 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,404
Gross rental yield
6.08%
Implied cap rate
3.95%
Trend-extrapolated value

Frequently asked questions

When did 175 1st St last sell?
175 1st St most recently sold on Apr 7, 2022 for $277,000.
What is the current tax assessment for 175 1st St?
The most recent total assessment for 175 1st St (year 2025) is $266,900 with $2,952 in property tax.
How does 175 1st St's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $277,000.
When was 175 1st St built?
175 1st St was built in 1983.
How does 175 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 175 1st St?
175 1st St is a 2 bed, 1 bath, 936 sqft, 46,650 sqft lot condo.
Is 175 1st St a flip candidate?
No — 175 1st St does not appear in our flips dataset.
Is 175 1st St a tax-appeal candidate?
No — 175 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast

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