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$285,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,028 Sq. Ft.
  • 2 Car Garage
  • Updated 6 days ago
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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.

Full Property Details for 507 2nd Ave SW

General

  • Price: $285,000
  • Taxes: $3,492 (2025)
  • Status: Contingent
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6820374
  • Updated: 1/10/2026
  • Added to Site: 57 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Living/Dining Room
  • Formal Dining Room: Living/Dining Room
  • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup, In Basement, Electric Dryer Hookup, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Paneled Doors, Porch, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Enclosed, Front Porch, Patio

Parking

  • Garage: Yes
  • Garage Description: 30 x 24
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete, Electric, Garage Door Opener, Heated Garage

Location

  • County: Washington
  • Township: Forest Lake
  • Driving 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

School Information

  • School District: 2288 - Forest Lake
  • High School District: Forest Lake

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Full, Unfinished
  • Foundation Size: 848
  • Roof: Age Over 8 Years, Pitched
  • Disability Access: None
  • Square Feet: 1,028
  • Above Ground: 1,186 Sq. Ft.
  • Below Ground: 656 Sq. Ft.
  • Year Built: 1915

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 75 x 150
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Corner Lot, Medium Tree Coverage

Financial Considerations

  • Tax Amount: $3,492
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • 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
  • Property ID: 803221240073

Listed by LaBelle Real Estate Group Inc

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Listing agents

— 507 2nd Ave SW —

  • LaBelle Real Estate Group Inc

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 507 2nd Ave SW

School District:Forest Lake Public School District
NameGradesDistance
Forest View Elementary School
620 Southwest 4th Avenue, Forest Lake, MN 55025
K-30.2 mi
Forest Lake Area Middle School
21395 Goodview Avenue North, Forest Lake, MN 55025
7-91.5 mi
Forest Lake Senior High School
6101 Scandia Trail North, Forest Lake, MN 55025
10-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 2nd Ave SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Listed
$285,000
54.05%
MLS
5/13/2020
Sold
$185,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 2nd Ave SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,492
—
$254,300
9%
2025
$3,492
46%
$234,300
1%
2023
$2,384
—
$233,000
28%
2023
$2,384
25%
$181,400
16%
2021
$1,910
-24%
$156,500
6%
2020
$2,506
18%
$147,800
16%
2019
$2,120
24%
$127,000
4%
2018
$1,712
16%
$122,000
8%
2017
$1,480
17%
$113,100
13%
2016
$1,264
7%
$100,300
2%
2015
$1,178
9%
$97,900
18%
2014
$1,084
—
$82,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LaBelle Real Estate Group Inc

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507 2nd Avenue SW, Forest Lake, MN 55025 (MLS# 6820374) is a Single Family property with 3 bedrooms and 1 full bathroom. 507 2nd Avenue SW is currently listed for $285,000 and was received on November 21, 2025. Want to learn more about 507 2nd Avenue SW? Do you have questions about finding other Single Family real estate for sale in Forest Lake? You can browse all Forest Lake real estate or contact a Coldwell Banker agent to request more information.

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