41 1st St
Forest Lake, MN 55025
2 bd 2 ba 1,750 sqft Built 1984 Lot 1,742 sqft townhomes
Most recent sale
$525,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $525,000 | MLS #6229495 |
| Jul 1, 2022 | Listed | $500,000 | MLS #6229495 |
| Jan 2, 2007 | Sold | $358,419 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $208,000 | $185,200 | $393,200 | $4,322 |
| 2024 | $200,000 | $196,300 | $396,300 | $4,082 |
| 2023 | $195,400 | $172,100 | $367,500 | $3,764 |
| 2022 | $160,800 | $140,000 | $300,800 | $3,554 |
| 2021 | $150,900 | $140,000 | $290,900 | $3,482 |
| 2020 | $150,900 | $140,000 | $290,900 | $3,480 |
| 2019 | $155,800 | $130,000 | $285,800 | $3,342 |
| 2018 | $143,300 | $130,000 | $273,300 | $3,104 |
| 2017 | $134,000 | $125,000 | $259,000 | $2,976 |
| 2016 | $132,800 | $100,000 | $232,800 | $2,876 |
| 2015 | $131,100 | $104,500 | $235,600 | $2,616 |
| 2014 | $129,700 | $95,000 | $224,700 | $2,664 |
| 2013 | $116,300 | $95,700 | $212,000 | $2,676 |
| 2012 | $115,400 | $95,000 | $210,400 | $2,644 |
| 2011 | $115,400 | $122,000 | $237,400 | $2,562 |
| 2010 | $115,400 | $135,000 | $250,400 | $2,890 |
Property facts
Year built
1984
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,750 sqft
Lot size
1,742 sqft
ZIP code
55025
City
Forest Lake
Street
1st St
Coordinates
45.27837, -92.98341
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,625
Gross rental yield
6.00%
Implied cap rate
3.90%
Trend-extrapolated value
—
Frequently asked questions
When did 41 1st St last sell?
41 1st St most recently sold on Sep 23, 2022 for $525,000.
What is the current tax assessment for 41 1st St?
The most recent total assessment for 41 1st St (year 2025) is $393,200 with $4,322 in property tax.
How does 41 1st St's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $525,000.
When was 41 1st St built?
41 1st St was built in 1984.
How does 41 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 41 1st St?
41 1st St is a 2 bed, 2 bath, 1,750 sqft, 1,742 sqft lot townhomes.
Is 41 1st St a flip candidate?
No — 41 1st St does not appear in our flips dataset.
Is 41 1st St a tax-appeal candidate?
No — 41 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