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510 Broadway Ave

Forest Lake, MN 55025

3 bd 2 ba 1,243 sqft Built 1940 Lot 7,494 sqft single_family
Most recent sale
$175,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2025 Sold $283,252 Public Record
Sep 8, 2023 Listed $299,900 NorthstarMLS
Feb 17, 2022 Sold $175,000 MLS #6143099
Jan 20, 2022 Listed $174,999 MLS #6143099
Jul 25, 2017 Listing removed $1,200 RentFeeder
Jul 19, 2017 Listed for rent $1,200 RentFeeder
Jul 17, 2017 Listing removed $1,295 RentFeeder
Jul 12, 2017 Listed for rent $1,295 RentFeeder
Mar 29, 1990 Sold $61,000 Public Record
Feb 1, 1990 Sold $60,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,600 $80,000 $260,600 $2,858
2024 $147,200 $79,000 $226,200 $2,330
2023 $146,600 $77,100 $223,700 $2,288
2022 $114,100 $60,000 $174,100 $2,336
2021 $108,700 $62,000 $170,700 $2,044
2020 $104,100 $57,000 $161,100 $1,962
2019 $92,300 $50,000 $142,300 $1,772
2018 $88,100 $50,000 $138,100 $1,656
2017 $85,000 $45,000 $130,000 $1,664
2016 $81,400 $37,000 $118,400 $1,446
2015 $79,300 $37,000 $116,300 $1,356
2014 $68,100 $35,300 $103,400 $1,300
2013 $65,900 $33,300 $99,200 $1,264
2012 $65,900 $33,300 $99,200 $1,442
2011 $79,400 $50,000 $129,400 $1,378
2010 $81,400 $53,100 $134,500 $1,428
2009 $168,400 $1,506
2007 $150,400 $1,310
2006 $130,800 $1,164

Property facts

Year built
1940
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,243 sqft
Lot size
7,494 sqft
ZIP code
55025
City
Forest Lake
Street
Broadway Ave
Coordinates
45.27887, -92.99038

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
$1,865
Gross rental yield
12.79%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 510 Broadway Ave last sell?
510 Broadway Ave most recently sold on Feb 17, 2022 for $175,000.
What is the current tax assessment for 510 Broadway Ave?
The most recent total assessment for 510 Broadway Ave (year 2025) is $260,600 with $2,858 in property tax.
How does 510 Broadway Ave's assessment compare to its last sale price?
The current assessment is 48.9% above the last sale price of $175,000.
When was 510 Broadway Ave built?
510 Broadway Ave was built in 1940.
How does 510 Broadway Ave compare to others on Broadway Ave?
We track 8 other properties on Broadway Ave. Browse the list under "Other properties on Broadway Ave" to compare beds, baths, and sale history.
What are the property facts for 510 Broadway Ave?
510 Broadway Ave is a 3 bed, 2 bath, 1,243 sqft, 7,494 sqft lot single_family.
Is 510 Broadway Ave a flip candidate?
No — 510 Broadway Ave does not appear in our flips dataset.
Is 510 Broadway Ave a tax-appeal candidate?
No — 510 Broadway 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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