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1056 Shore Dr

Forest Lake, MN 55025

3 bd 1 ba 1,179 sqft Built 1980 Lot 7,536 sqft single_family
Most recent sale
$266,500
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 15, 2025 Listing removed $1,888 NorthstarMLS
Oct 3, 2025 Price changed for rent $1,888 NorthstarMLS
Sep 26, 2025 Listed for rent $1,949 NorthstarMLS
Jul 20, 2022 Sold $266,500 MLS #6213240
Jul 13, 2022 Relisted $250,000 MLS #6213240
Jun 3, 2022 Listed $250,000 MLS #6213240
Jan 1, 2015 Sold $128,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,700 $85,000 $281,700 $3,088
2024 $179,800 $110,000 $289,800 $2,986
2023 $170,800 $77,900 $248,700 $2,562
2022 $127,300 $58,100 $185,400 $2,222
2021 $107,300 $70,300 $177,600 $2,160
2020 $107,300 $70,300 $177,600 $2,046
2019 $104,500 $60,500 $165,000 $1,818
2018 $90,600 $51,800 $142,400 $1,650
2017 $86,600 $48,700 $135,300 $1,618
2016 $82,000 $41,900 $123,900 $1,444
2015 $78,200 $37,100 $115,300 $1,376
2014 $78,100 $37,000 $115,100 $1,544
2013 $82,500 $40,300 $122,800 $1,500
2012 $79,800 $38,000 $117,800 $1,564
2011 $85,300 $55,000 $140,300 $1,200
2010 $83,300 $57,900 $141,200 $1,250

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,179 sqft
Lot size
7,536 sqft
ZIP code
55025
City
Forest Lake
Street
Shore Dr
Coordinates
45.26889, -92.97358

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
$1,769
Gross rental yield
7.97%
Implied cap rate
5.18%
Trend-extrapolated value

Frequently asked questions

When did 1056 Shore Dr last sell?
1056 Shore Dr most recently sold on Jul 20, 2022 for $266,500.
What is the current tax assessment for 1056 Shore Dr?
The most recent total assessment for 1056 Shore Dr (year 2025) is $281,700 with $3,088 in property tax.
How does 1056 Shore Dr's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $266,500.
When was 1056 Shore Dr built?
1056 Shore Dr was built in 1980.
How does 1056 Shore Dr compare to others on Shore Dr?
We track 8 other properties on Shore Dr. Browse the list under "Other properties on Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 1056 Shore Dr?
1056 Shore Dr is a 3 bed, 1 bath, 1,179 sqft, 7,536 sqft lot single_family.
Is 1056 Shore Dr a flip candidate?
No — 1056 Shore Dr does not appear in our flips dataset.
Is 1056 Shore Dr a tax-appeal candidate?
No — 1056 Shore 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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