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20186 Explorer Ct

Forest Lake, MN 55025

5 bd 4 ba 3,426 sqft Built 2003 Lot 14,999 sqft single_family
Most recent sale
$476,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2025 Sold $527,000 Public Record
Oct 24, 2025 Sold $527,000 NorthstarMLS
Jul 18, 2025 Listed $525,000 NorthstarMLS
Aug 31, 2022 Sold $476,000 MLS #6218304
Jul 18, 2022 Relisted $475,000 MLS #6218304
Jul 6, 2022 Listed $475,000 MLS #6218304
Nov 12, 2003 Sold $342,949 Public Record
Apr 3, 2003 Sold $69,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $436,100 $95,000 $531,100 $5,720
2024 $439,300 $79,000 $518,300 $5,212
2023 $392,900 $70,700 $463,600 $4,590
2022 $305,100 $54,300 $359,400 $4,494
2021 $293,400 $54,100 $347,500 $4,034
2020 $293,400 $54,100 $347,500 $4,212
2019 $297,700 $59,200 $356,900 $4,130
2018 $282,300 $59,000 $341,300 $3,674
2017 $260,400 $55,600 $316,000 $3,874
2016 $258,600 $50,600 $309,200 $3,602
2015 $245,000 $55,000 $300,000 $3,524
2014 $253,000 $55,000 $308,000 $3,318
2013 $226,400 $38,500 $264,900 $3,076
2012 $207,500 $35,900 $243,400 $3,286
2011 $228,000 $57,900 $285,900 $2,976
2010 $228,500 $77,200 $305,700 $2,940

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,426 sqft
Lot size
14,999 sqft
ZIP code
55025
City
Forest Lake
Street
Explorer Ct
Coordinates
45.24298, -93.00648

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,139
Gross rental yield
12.96%
Implied cap rate
8.42%
Trend-extrapolated value

Frequently asked questions

When did 20186 Explorer Ct last sell?
20186 Explorer Ct most recently sold on Aug 31, 2022 for $476,000.
What is the current tax assessment for 20186 Explorer Ct?
The most recent total assessment for 20186 Explorer Ct (year 2025) is $531,100 with $5,720 in property tax.
How does 20186 Explorer Ct's assessment compare to its last sale price?
The current assessment is 11.6% above the last sale price of $476,000.
When was 20186 Explorer Ct built?
20186 Explorer Ct was built in 2003.
How does 20186 Explorer Ct compare to others on Explorer Ct?
We track 4 other properties on Explorer Ct. Browse the list under "Other properties on Explorer Ct" to compare beds, baths, and sale history.
What are the property facts for 20186 Explorer Ct?
20186 Explorer Ct is a 5 bed, 4 bath, 3,426 sqft, 14,999 sqft lot single_family.
Is 20186 Explorer Ct a flip candidate?
No — 20186 Explorer Ct does not appear in our flips dataset.
Is 20186 Explorer Ct a tax-appeal candidate?
No — 20186 Explorer Ct 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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