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21223 Floral Bay Dr

Forest Lake, MN 55025

3 bd 3 ba 4,050 sqft Built 1989 Lot 26,572 sqft single_family
Most recent sale
$825,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $825,000 MLS #6133181
Dec 10, 2021 Listed $850,000 MLS #6133181
Dec 7, 1998 Sold $330,000 Public Record
Nov 20, 1997 Sold $330,000 Public Record
Mar 1, 1992 Sold $318,000 Public Record
Sep 1, 1988 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $411,900 $395,800 $807,700 $9,306
2024 $416,200 $371,800 $788,000 $8,490
2023 $356,300 $282,400 $638,700 $6,622
2022 $286,600 $227,200 $513,800 $5,888
2021 $279,700 $237,200 $516,900 $6,608
2020 $279,700 $237,200 $516,900 $6,598
2019 $281,000 $240,000 $521,000 $6,612
2018 $265,000 $275,000 $540,000 $5,746
2017 $262,800 $233,000 $495,800 $5,958
2016 $264,100 $213,000 $477,100 $6,184
2015 $256,600 $255,800 $512,400 $5,564
2014 $261,600 $225,000 $486,600 $5,914
2013 $252,000 $226,700 $478,700 $6,202
2012 $250,100 $247,000 $497,100 $7,344
2011 $254,600 $386,600 $641,200 $7,004
2010 $248,500 $416,700 $665,200 $7,068

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
4,050 sqft
Lot size
26,572 sqft
ZIP code
55025
City
Forest Lake
Street
Floral Bay Dr
Coordinates
45.25704, -92.99511

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,075
Gross rental yield
8.84%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 21223 Floral Bay Dr last sell?
21223 Floral Bay Dr most recently sold on Jan 28, 2022 for $825,000.
What is the current tax assessment for 21223 Floral Bay Dr?
The most recent total assessment for 21223 Floral Bay Dr (year 2025) is $807,700 with $9,306 in property tax.
How does 21223 Floral Bay Dr's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $825,000.
When was 21223 Floral Bay Dr built?
21223 Floral Bay Dr was built in 1989.
How does 21223 Floral Bay Dr compare to others on Floral Bay Dr?
We track 8 other properties on Floral Bay Dr. Browse the list under "Other properties on Floral Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 21223 Floral Bay Dr?
21223 Floral Bay Dr is a 3 bed, 3 bath, 4,050 sqft, 26,572 sqft lot single_family.
Is 21223 Floral Bay Dr a flip candidate?
No — 21223 Floral Bay Dr does not appear in our flips dataset.
Is 21223 Floral Bay Dr a tax-appeal candidate?
No — 21223 Floral Bay Dr 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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