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1234 Island Dr

Forest Lake, MN 55025

3 bd 2 ba 1,639 sqft Built 1998 Lot 1,699 sqft townhomes
Most recent sale
$239,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $239,000 MLS #6127090
Nov 18, 2021 Relisted $238,900 MLS #6127090
Nov 15, 2021 Listing removed $238,900 NorthstarMLS
Oct 4, 2021 Sold $251,945 Public Record
Jun 9, 2018 Sold $179,900 MLS #4940939
Apr 26, 2018 Listed $179,900 MLS #4940939
Jun 11, 2014 Sold $133,500 Public Record
May 9, 2014 Sold $129,900 MLS #4446005
Mar 14, 2014 Price changed $129,900 MLS #4446005
Feb 7, 2014 Listed $144,900 MLS #4446005
Apr 27, 2001 Sold $145,000 Public Record
Aug 20, 1998 Sold $126,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,900 $68,800 $246,700 $2,652
2024 $170,700 $61,000 $231,700 $2,332
2023 $180,200 $55,900 $236,100 $2,340
2022 $129,800 $40,200 $170,000 $1,970
2021 $122,800 $39,900 $162,700 $1,922
2020 $122,800 $39,900 $162,700 $1,902
2019 $122,900 $35,300 $158,200 $1,852
2018 $113,000 $36,700 $149,700 $1,594
2017 $105,100 $29,900 $135,000 $1,630
2016 $102,500 $25,300 $127,800 $1,596
2015 $104,600 $25,400 $130,000 $1,350
2014 $98,400 $16,500 $114,900 $1,666
2013 $81,900 $15,900 $97,800 $1,268
2012 $68,300 $12,700 $81,000 $1,172
2011 $87,200 $16,000 $103,200 $1,096
2010 $105,500 $29,000 $134,500 $1,216

Property facts

Year built
1998
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,639 sqft
Lot size
1,699 sqft
ZIP code
55025
City
Forest Lake
Street
Island Dr
Coordinates
45.26733, -92.99952

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
$2,459
Gross rental yield
12.35%
Implied cap rate
8.03%
Trend-extrapolated value

Frequently asked questions

When did 1234 Island Dr last sell?
1234 Island Dr most recently sold on Jan 28, 2022 for $239,000.
What is the current tax assessment for 1234 Island Dr?
The most recent total assessment for 1234 Island Dr (year 2025) is $246,700 with $2,652 in property tax.
How does 1234 Island Dr's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $239,000.
When was 1234 Island Dr built?
1234 Island Dr was built in 1998.
How does 1234 Island Dr compare to others on Island Dr?
We track 8 other properties on Island Dr. Browse the list under "Other properties on Island Dr" to compare beds, baths, and sale history.
What are the property facts for 1234 Island Dr?
1234 Island Dr is a 3 bed, 2 bath, 1,639 sqft, 1,699 sqft lot townhomes.
Is 1234 Island Dr a flip candidate?
No — 1234 Island Dr does not appear in our flips dataset.
Is 1234 Island Dr a tax-appeal candidate?
No — 1234 Island 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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