720 2nd St
Forest Lake, MN 55025
3 bd 1 ba 1,366 sqft Built 1952 Lot 11,326 sqft single_family
Most recent sale
$220,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $220,000 | MLS #6230800 |
| Jul 25, 2022 | Price changed | $235,000 | MLS #6230800 |
| Jul 6, 2022 | Listed | $250,000 | MLS #6230800 |
| Oct 21, 2017 | Sold | $175,000 | MLS #4876583 |
| Sep 18, 2017 | Listed | $175,000 | MLS #4876583 |
| Nov 2, 2006 | Sold | $174,900 | Public Record |
| Feb 4, 1997 | Sold | $76,722 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $168,400 | $77,900 | $246,300 | $2,648 |
| 2024 | $158,700 | $83,100 | $241,800 | $2,432 |
| 2023 | $165,000 | $72,700 | $237,700 | $2,374 |
| 2022 | $122,700 | $54,000 | $176,700 | $2,232 |
| 2021 | $116,600 | $48,900 | $165,500 | $1,954 |
| 2020 | $116,600 | $48,900 | $165,500 | $2,032 |
| 2019 | $113,900 | $55,400 | $169,300 | $1,750 |
| 2018 | $98,000 | $43,100 | $141,100 | $1,518 |
| 2017 | $86,200 | $42,200 | $128,400 | $1,452 |
| 2016 | $80,600 | $32,800 | $113,400 | $1,278 |
| 2015 | $75,200 | $28,000 | $103,200 | $1,192 |
| 2014 | $73,100 | $27,900 | $101,000 | $1,114 |
| 2013 | $59,800 | $26,900 | $86,700 | $1,072 |
| 2012 | $56,900 | $25,000 | $81,900 | $1,246 |
| 2011 | $80,300 | $55,000 | $135,300 | $1,116 |
| 2010 | $78,400 | $57,900 | $136,300 | $1,150 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,366 sqft
Lot size
11,326 sqft
ZIP code
55025
City
Forest Lake
Street
2nd St
Coordinates
45.27178, -92.98155
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,049
Gross rental yield
11.18%
Implied cap rate
7.26%
Trend-extrapolated value
—
Frequently asked questions
When did 720 2nd St last sell?
720 2nd St most recently sold on Sep 9, 2022 for $220,000.
What is the current tax assessment for 720 2nd St?
The most recent total assessment for 720 2nd St (year 2025) is $246,300 with $2,648 in property tax.
How does 720 2nd St's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $220,000.
When was 720 2nd St built?
720 2nd St was built in 1952.
How does 720 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 720 2nd St?
720 2nd St is a 3 bed, 1 bath, 1,366 sqft, 11,326 sqft lot single_family.
Is 720 2nd St a flip candidate?
No — 720 2nd St does not appear in our flips dataset.
Is 720 2nd St a tax-appeal candidate?
No — 720 2nd 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 2nd St