Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $6,615 (2025).

What school district is this property in?

This property is in the 831 - Forest Lake school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 3 days.

Sold / Closed

$400,000

Sold price · Closed Nov 21, 2025

$362/sqft

Forest Grove Heights

21463 Iverson Avenue, Forest Lake, MN, 55025

3 Bedrooms2 Bathrooms1,106 Square Feet0.221 Acres

Days on market3

Year built1935

Garage spaces2

TypeResidential

Est. $9,000buyer credit when you buy with SODL

About this home

Welcome to Lake Living! Here’s your chance to own 69' of shoreline on beautiful Forest Lake—one of the metro area’s most desirable recreational lakes. The home features newer siding, a newer garage door and opener, new drain tile and pump station in the basement, plus a recently installed furnace and water heater. While the property needs significant updating and renovation, it presents an incredible opportunity for investors, builders, or handy buyers to unlock its full potential. The solid mechanical updates and premium lakeshore setting provide a strong foundation for your vision—whether that’s a remodel, addition, or complete rebuild. Enjoy boating, fishing, and paddleboarding right from your backyard, or walk to nearby restaurants, shops, and events in downtown Forest Lake. Convenient access to I-35 makes commuting to the Twin Cities a breeze. Rarely do lakeside properties with this much upside potential hit the market—don’t miss your chance to create lasting value on Forest Lake!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1935

LevelsOne

Living area1,106 sqft

Above-grade finished1,106 sqft

Below-grade finished0 sqft

Lot size0.221 acres (75x132x69x139)

Days on market3

ListedOct 9, 2025

MLS #NST6800191

CountyWashington

SubdivisionForest Grove Heights

Parcel #1403221310044

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Forced Air
Cooling: None
Basement: Crawl Space · 0 sqft finished

Property

Levels / stories: One
Garage: 2 spaces · 400 sqft
Parking features: Detached Garage
Exterior features: Vinyl
Lot size: 0.221 acres
Lot dimensions: 75x132x69x139

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 1,106 sqft
Year built: 1935

Utilities

Water: City Water - In Street, Well
Sewer: City Sewer - In Street
Fuel: Natural Gas

Community & HOA

Subdivision: Forest Grove Heights
HOA: No HOA
School district: 831 - Forest Lake
High school district: Forest Lake

Financial & listing details

Annual tax: $6,615 (2025)
Tax with assessments: 6618
Listed: Oct 9, 2025
Days on market: 3
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementCrawl Space

HeatingForced Air

CoolingNone

Fireplaces1

AccessibilityNone

Exterior & lot

ExteriorVinyl

FoundationBlock

Foundation area1,106 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street, Well

SewerCity Sewer - In Street

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces2

Garage size400 sqft

Financial details

Annual taxes$6,615

Tax year2025

Taxes w/ assessments6618

Assessment pendingUnknown

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District831 - Forest Lake

District number831

District phone6519828103

High schoolForest Lake

SODL flat fee brokerage

$9,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $9,000

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,787/mo

Principal & interest$2,102

Property taxes$551

Home insurance (est.)$133

Down payment

$80,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.