56 4th Ave
Forest Lake, MN 55025
8 bd 3 ba 2,981 sqft Built 1948 Lot 11,195 sqft multi_family
Most recent sale
$375,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $375,000 | MLS #6176186 |
| Jun 28, 2022 | Listed | $450,000 | MLS #6176186 |
| Apr 1, 1989 | Sold | $78,100 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $215,600 | $90,000 | $305,600 | $3,250 |
| 2024 | $209,200 | $99,000 | $308,200 | $3,076 |
| 2023 | $187,100 | $83,500 | $270,600 | $2,680 |
| 2022 | $145,600 | $65,000 | $210,600 | $2,402 |
| 2021 | $138,700 | $50,000 | $188,700 | $2,186 |
| 2020 | $138,700 | $50,000 | $188,700 | $2,092 |
| 2019 | $124,400 | $53,000 | $177,400 | $1,996 |
| 2018 | $120,300 | $45,000 | $165,300 | $1,840 |
| 2017 | $113,600 | $45,000 | $158,600 | $1,832 |
| 2016 | $109,600 | $37,000 | $146,600 | $1,700 |
| 2015 | $106,400 | $35,000 | $141,400 | $1,630 |
| 2014 | $107,400 | $35,000 | $142,400 | $1,588 |
| 2013 | $93,000 | $35,300 | $128,300 | $1,544 |
| 2012 | $90,300 | $33,300 | $123,600 | $1,622 |
| 2011 | $93,000 | $55,000 | $148,000 | $1,500 |
| 2010 | $89,900 | $59,800 | $149,700 | $1,562 |
Property facts
Year built
1948
Property type
multi_family
Stories
1
Beds
8
Baths
3
Living area
2,981 sqft
Lot size
11,195 sqft
ZIP code
55025
City
Forest Lake
Street
4th Ave
Coordinates
45.27432, -92.98461
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
$4,472
Gross rental yield
14.31%
Implied cap rate
9.30%
Trend-extrapolated value
—
Frequently asked questions
When did 56 4th Ave last sell?
56 4th Ave most recently sold on Sep 13, 2022 for $375,000.
What is the current tax assessment for 56 4th Ave?
The most recent total assessment for 56 4th Ave (year 2025) is $305,600 with $3,250 in property tax.
How does 56 4th Ave's assessment compare to its last sale price?
The current assessment is 18.5% below the last sale price of $375,000.
When was 56 4th Ave built?
56 4th Ave was built in 1948.
How does 56 4th Ave compare to others on 4th Ave?
We track 8 other properties on 4th Ave. Browse the list under "Other properties on 4th Ave" to compare beds, baths, and sale history.
What are the property facts for 56 4th Ave?
56 4th Ave is a 8 bed, 3 bath, 2,981 sqft, 11,195 sqft lot multi_family.
Is 56 4th Ave a flip candidate?
No — 56 4th Ave does not appear in our flips dataset.
Is 56 4th Ave a tax-appeal candidate?
No — 56 4th Ave 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 4th Ave