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43 2nd Ave

Forest Lake, MN 55025

2 bd 2 ba 1,155 sqft Built 1978 Lot 3,311 sqft condos
Most recent sale
$300,000
Jan 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2022 Sold $300,000 MLS #6125083
Nov 8, 2021 Listed $300,000 MLS #6125083
Nov 5, 2021 Listing removed $300,000 NorthstarMLS
Oct 1, 2021 Listed $300,000 MLS #6099112
Jan 27, 2020 Sold $222,500 MLS #5277905
Jun 14, 2001 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,900 $100,000 $249,900 $2,740
2024 $141,600 $104,000 $245,600 $2,530
2023 $128,600 $97,600 $226,200 $2,334
2022 $100,800 $75,600 $176,400 $2,116
2021 $93,900 $75,000 $168,900 $2,058
2020 $93,900 $75,000 $168,900 $2,078
2019 $96,300 $71,400 $167,700 $1,920
2018 $89,400 $61,200 $150,600 $1,718
2017 $81,700 $59,300 $141,000 $1,802
2016 $79,400 $59,100 $138,500 $1,714
2015 $78,600 $59,000 $137,600 $1,448
2014 $75,600 $45,900 $121,500 $1,436
2013 $65,900 $45,200 $111,100 $1,444
2012 $65,200 $44,800 $110,000 $1,818
2011 $71,700 $88,500 $160,200 $1,654
2010 $82,000 $100,000 $182,000 $1,496

Property facts

Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,155 sqft
Lot size
3,311 sqft
ZIP code
55025
City
Forest Lake
Street
2nd Ave
Coordinates
45.27698, -92.98378

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
$1,733
Gross rental yield
6.93%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 43 2nd Ave last sell?
43 2nd Ave most recently sold on Jan 31, 2022 for $300,000.
What is the current tax assessment for 43 2nd Ave?
The most recent total assessment for 43 2nd Ave (year 2025) is $249,900 with $2,740 in property tax.
How does 43 2nd Ave's assessment compare to its last sale price?
The current assessment is 16.7% below the last sale price of $300,000.
When was 43 2nd Ave built?
43 2nd Ave was built in 1978.
How does 43 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 43 2nd Ave?
43 2nd Ave is a 2 bed, 2 bath, 1,155 sqft, 3,311 sqft lot condos.
Is 43 2nd Ave a flip candidate?
No — 43 2nd Ave does not appear in our flips dataset.
Is 43 2nd Ave a tax-appeal candidate?
No — 43 2nd Ave 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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