607 1st St
Forest Lake, MN 55025
2 bd 1 ba 924 sqft Built 1930 Lot 19,602 sqft single_family
Most recent sale
$246,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $246,000 | MLS #6231120 |
| Jul 11, 2022 | Listed | $235,000 | MLS #6231120 |
| Aug 31, 1995 | Sold | $66,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $151,800 | $70,000 | $221,800 | $3,042 |
| 2024 | $134,500 | $74,000 | $208,500 | $2,668 |
| 2023 | $140,400 | $65,200 | $205,600 | $2,060 |
| 2022 | $103,700 | $48,100 | $151,800 | $1,766 |
| 2021 | $97,800 | $47,800 | $145,600 | $1,726 |
| 2020 | $97,800 | $47,800 | $145,600 | $1,720 |
| 2019 | $94,900 | $47,500 | $142,400 | $1,608 |
| 2018 | $82,600 | $46,500 | $129,100 | $1,406 |
| 2017 | $77,200 | $41,500 | $118,700 | $1,364 |
| 2016 | $72,500 | $33,900 | $106,400 | $1,242 |
| 2015 | $68,300 | $31,800 | $100,100 | $1,154 |
| 2014 | $66,000 | $31,600 | $97,600 | $1,088 |
| 2013 | $54,100 | $30,500 | $84,600 | $1,044 |
| 2012 | $51,400 | $28,200 | $79,600 | $1,090 |
| 2011 | $66,900 | $55,000 | $121,900 | $1,092 |
| 2010 | $71,400 | $62,700 | $134,100 | $1,114 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
924 sqft
Lot size
19,602 sqft
ZIP code
55025
City
Forest Lake
Street
1st St
Coordinates
45.27261, -92.98213
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,386
Gross rental yield
6.76%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 607 1st St last sell?
607 1st St most recently sold on Aug 5, 2022 for $246,000.
What is the current tax assessment for 607 1st St?
The most recent total assessment for 607 1st St (year 2025) is $221,800 with $3,042 in property tax.
How does 607 1st St's assessment compare to its last sale price?
The current assessment is 9.8% below the last sale price of $246,000.
When was 607 1st St built?
607 1st St was built in 1930.
How does 607 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 607 1st St?
607 1st St is a 2 bed, 1 bath, 924 sqft, 19,602 sqft lot single_family.
Is 607 1st St a flip candidate?
No — 607 1st St does not appear in our flips dataset.
Is 607 1st St a tax-appeal candidate?
No — 607 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