507 2nd Ave SW

Forest Lake, MN 55025

$285,000
Price
3
Beds
1,028 Sq. Ft.
$277 / Sq. Ft.
1,028
Sq. Ft.
$277
per Sq. Ft.
Active Under Contract
Active Under Contract

Description

Welcome Home! This 1-1/2 story Craftsman home is simply waiting for the Buyer who is wanting to embellish the character of a classic, early 1900's home. The home boasts a spacious, living/dining room, a main level bedroom or office, a full bath, a bright, sun-drenched, enclosed and heated/cooled front porch, as well as original hardwood floors and woodwork. Also included is a large 2 car garage, a concrete drive with plenty of parking space, a private patio, a handy shed, a "fun" Campfire Circle,...Welcome Home! This 1-1/2 story Craftsman home is simply waiting for the Buyer who is wanting to embellish the character of a classic, early 1900's home. The home boasts a spacious, living/dining room, a main level bedroom or office, a full bath, a bright, sun-drenched, enclosed and heated/cooled front porch, as well as original hardwood floors and woodwork. Also included is a large 2 car garage, a concrete drive with plenty of parking space, a private patio, a handy shed, a "fun" Campfire Circle, and it all sits on a nice, corner lot, within walking distance of shopping, restaurants, hiking/biking/snowmobiling trails, and the beach! The 2nd level features two bedrooms and accessible storage space. The front bedroom has an attractive, wood planked, barrel ceiling. The full basement is unfinished, and offers additional, useable space for the new Owner to be creative, and to enjoy.
  1. Listed by LaBelle Real Estate Group Inc
  2. Listed by LaBelle Real Estate Group Inc

Property Details for 507 2nd Avenue Southwest

Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 01/10/2026 10:52 AM

Property Details for 507 2nd Avenue Southwest

StatusActive Under Contract
MLS #6820374
Days on Compass1
Taxes$3,492 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1915
Lot Size0.25 AC / 10,890 SF
CountyWashington County

Location

Listing Courtesy of LaBelle Real Estate Group Inc
Add your commute

Building Information for 507 2nd Avenue Southwest

Stories-Year Built1915Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$1,680 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,389

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 2nd Avenue Southwest

Summary
Location and General Information
  • City Name: Forest Lake
  • County Or Parish: Washington
  • County: Washington-MN
  • Directions: 35 North to Forest Lake exit 131 right on Broadway turn right onto 5th Street SW, right onto 2nd Avenue home on the corner
  • Latitude: 45.2771996282
  • Longitude: -92.9904625449
  • Map Coordinate: 39-B3
  • City and Location: Forest Lake
  • City and Location Text: Forest Lake(MN)
  • Postal Code: 55025
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 0803221240073
  • Tax Annual Amount: $3,492.00
  • Tax Legal Description: SUBDIVISIONNAME HOULE'S SECOND ADD TO FOREST LAKE LOT 11 BLOCK 7 SUBDIVISIONCD 32721 E1/2 OF LOT 11 007 ALL OF LOT 12 BLK 7 HOULES 2ND ADD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3492
School Information
  • High School District: 2288 - Forest Lake
  • School District Number: 2288
  • School District Phone: 6519828103
Property
Lot Information
  • Above Grade Fin SQFT: 1028.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1028.0
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 75x150
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 848
  • Above Grade SqFt Total: 1186
  • Below Grade SqFt Total: 656
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: None
  • Foundation Area: 848.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Age Over 8 Years, Pitched
  • Patio Porch Type: Enclosed,Front Porch,Patio
Interior Features
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
  • Basement Type: Block, Daylight/Lookout Windows, Full, Unfinished
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Porch,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
  • Bath Desc: Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air
  • Dining Room Description: Living/Dining Room
  • DP Resource: Yes
  • Garage Dimensions: 30x24
  • Garage Door Height: 7
  • Garage Door Width: 16
  • Garage Square Feet: 720
  • Heating: Forced Air
  • Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
  • Levels: One and One Half
  • Room List: Den, Dining Room, Bedroom, Kitchen, Living Room, Porch, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 11x10
  • Room Level: Main
  • Room Type: Den
Room 2
  • Room Dimensions: 10x9
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 10x8
  • Room Level: Main
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 13x10
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 10x13
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 24x7
  • Room Level: Main
  • Room Type: Porch
Room 7
  • Room Dimensions: 13x11
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 8
  • Room Dimensions: 15x9
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 507 2nd Avenue Southwest

DateEvent & SourcePriceAppreciation
Jan 10, 2026

In Contract

NorthStar #6820374

$285,000—
Nov 21, 2025

Price Change

NorthStar #6820374

$285,000—
Nov 21, 2025

Listed (Active)

NorthStar #6820374

—
May 13, 2020

Sold (Public Record)

Public Record #668362592

$185,000

+8.0% / yr

Oct 16, 2015

Sold (Public Record)

Public Record #559679394

$129,900—
Oct 16, 2015

Sold

NorthStar #4636952

$129,900—
Oct 3, 2015

Pending

NorthStar #4636952

—
Aug 18, 2015

Listed (Active)

NorthStar #4636952

$129,900—
DateEvent & SourcePrice
01/10/2026

In Contract

NorthStar #6820374

$285,000
11/21/2025

Price Change

NorthStar #6820374

$285,000
11/21/2025

Listed (Active)

NorthStar #6820374

—
05/13/2020

Sold (Public Record)

Public Record #668362592

$185,000

+8.0% / yr

10/16/2015

Sold (Public Record)

Public Record #559679394

$129,900
10/16/2015

Sold

NorthStar #4636952

$129,900
10/03/2015

Pending

NorthStar #4636952

—
08/18/2015

Listed (Active)

NorthStar #4636952

$129,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 2nd Avenue Southwest

Taxable ValueLand$80,000Additions$174,300Total$254,300
Tax Record2025$3,492 ($291 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,028 SqFtAbove Grade Finished SqFt1,028 SqFtStories1Lot Size11,243 SqFtStyleSingle Family ResidenceYear Built1915CountyWASHINGTONAPN08-032-21-24-0073

Schools near 507 2nd Avenue Southwest

This home is within Forest Lake Public School District.
Rating
School
Type
Grades
Distance
Forest View Elementary School
Public - PK to 3
Forest Lake Area Middle School
Public - 7 to 8
Forest Lake Senior High School
Public - 9 to 12
Central Montessori Elementary School
Public - PK to 6
Rating
School
Distance
Forest View Elementary School
PublicPK to 3

Forest Lake Area Middle School
Public7 to 8

Forest Lake Senior High School
Public9 to 12

Central Montessori Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of LaBelle Real Estate Group Inc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 07:45 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.