21132 Mustang Ln
Forest Lake, MN 55025
3 bd 3 ba 2,085 sqft Built 2004 Lot 1,350 sqft townhomes
Most recent sale
$205,000
Aug 4, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 22, 2022 | Sold | $237,000 | NorthstarMLS |
| Sep 21, 2022 | Listed | $239,750 | MLS #6263261 |
| Aug 26, 2022 | Listed | $238,000 | MLS #6253809 |
| Aug 4, 2021 | Sold | $205,000 | Public Record |
| Jun 29, 2021 | Sold | $205,000 | MLS #5762294 |
| May 21, 2021 | Listed | $193,900 | MLS #5762294 |
| Jun 13, 2011 | Listing removed | $149,900 | NorthstarMLS |
| May 11, 2010 | Sold | $105,000 | Public Record |
| Dec 23, 2009 | Sold | $105,000 | MLS #3852849 |
| Nov 2, 2009 | Listed | $103,900 | MLS #3852849 |
| Jul 25, 2009 | Listed | $149,900 | MLS #3816194 |
| Mar 31, 2004 | Sold | $24,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $194,500 | $40,900 | $235,400 | $2,534 |
| 2024 | $201,600 | $39,700 | $241,300 | $2,428 |
| 2023 | $183,600 | $27,600 | $211,200 | $2,114 |
| 2022 | $143,400 | $21,300 | $164,700 | $1,910 |
| 2021 | $137,100 | $21,200 | $158,300 | $1,870 |
| 2020 | $137,100 | $21,200 | $158,300 | $1,914 |
| 2019 | $137,900 | $21,200 | $159,100 | $1,750 |
| 2018 | $123,900 | $17,200 | $141,100 | $1,568 |
| 2017 | $117,900 | $14,900 | $132,800 | $1,526 |
| 2016 | $109,100 | $10,400 | $119,500 | $1,526 |
| 2015 | $111,400 | $12,600 | $124,000 | $1,150 |
| 2014 | $85,500 | $11,800 | $97,300 | $1,136 |
| 2013 | $76,900 | $11,600 | $88,500 | $834 |
| 2012 | $54,900 | $7,700 | $62,600 | $1,084 |
| 2011 | $84,200 | $11,000 | $95,200 | $988 |
| 2010 | $105,200 | $19,300 | $124,500 | $1,372 |
Property facts
Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,085 sqft
Lot size
1,350 sqft
ZIP code
55025
City
Forest Lake
Street
Mustang Ln
Coordinates
45.25554, -92.97548
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
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 21132 Mustang Ln last sell?
21132 Mustang Ln most recently sold on Aug 4, 2021 for $205,000.
What is the current tax assessment for 21132 Mustang Ln?
The most recent total assessment for 21132 Mustang Ln (year 2025) is $235,400 with $2,534 in property tax.
How does 21132 Mustang Ln's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $205,000.
When was 21132 Mustang Ln built?
21132 Mustang Ln was built in 2004.
How does 21132 Mustang Ln compare to others on Mustang Ln?
We track 5 other properties on Mustang Ln. Browse the list under "Other properties on Mustang Ln" to compare beds, baths, and sale history.
What are the property facts for 21132 Mustang Ln?
21132 Mustang Ln is a 3 bed, 3 bath, 2,085 sqft, 1,350 sqft lot townhomes.
Is 21132 Mustang Ln a flip candidate?
No — 21132 Mustang Ln does not appear in our flips dataset.
Is 21132 Mustang Ln a tax-appeal candidate?
No — 21132 Mustang Ln 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 Mustang Ln