831 2nd St
Forest Lake, MN 55025
1 bd 1 ba 1,350 sqft Built 1946 Lot 7,536 sqft single_family
Most recent sale
$189,000
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 25, 2022 | Sold | $189,000 | MLS #6137671 |
| Jan 3, 2022 | Relisted | $189,000 | MLS #6137671 |
| Jan 1, 2022 | Listing removed | $189,000 | NorthstarMLS |
| Dec 30, 2021 | Listed | $189,000 | MLS #6137671 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $147,700 | $76,700 | $224,400 | $2,418 |
| 2024 | $148,500 | $80,000 | $228,500 | $2,282 |
| 2023 | $126,100 | $70,700 | $196,800 | $1,950 |
| 2022 | $98,200 | $55,000 | $153,200 | $1,748 |
| 2021 | $92,300 | $55,000 | $147,300 | $1,708 |
| 2020 | $82,500 | $62,000 | $144,500 | $2,094 |
| 2019 | $62,400 | $40,000 | $102,400 | $1,290 |
| 2018 | $57,200 | $39,300 | $96,500 | $1,152 |
| 2017 | $55,100 | $30,400 | $85,500 | $1,106 |
| 2016 | $51,600 | $25,700 | $77,300 | $970 |
| 2015 | $52,300 | $25,800 | $78,100 | $934 |
| 2014 | $43,000 | $24,800 | $67,800 | $884 |
| 2013 | $40,900 | $22,900 | $63,800 | $850 |
| 2012 | $40,900 | $22,900 | $63,800 | $1,022 |
| 2011 | $61,200 | $55,000 | $116,200 | $930 |
| 2010 | $61,300 | $57,900 | $119,200 | $942 |
| 2009 | — | — | $143,100 | $1,008 |
| 2007 | — | — | $138,600 | $962 |
| 2006 | — | — | $120,500 | $808 |
Property facts
Year built
1946
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,350 sqft
Lot size
7,536 sqft
ZIP code
55025
City
Forest Lake
Street
2nd St
Coordinates
45.27078, -92.98083
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,025
Gross rental yield
12.86%
Implied cap rate
8.36%
Trend-extrapolated value
—
Frequently asked questions
When did 831 2nd St last sell?
831 2nd St most recently sold on Feb 25, 2022 for $189,000.
What is the current tax assessment for 831 2nd St?
The most recent total assessment for 831 2nd St (year 2025) is $224,400 with $2,418 in property tax.
How does 831 2nd St's assessment compare to its last sale price?
The current assessment is 18.7% above the last sale price of $189,000.
When was 831 2nd St built?
831 2nd St was built in 1946.
How does 831 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 831 2nd St?
831 2nd St is a 1 bed, 1 bath, 1,350 sqft, 7,536 sqft lot single_family.
Is 831 2nd St a flip candidate?
No — 831 2nd St does not appear in our flips dataset.
Is 831 2nd St a tax-appeal candidate?
Yes — 831 2nd St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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