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Rural ResidenceResidential
$642,640$478 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $675,000 on Jan 5, 2023

5151 240TH ST N

FOREST LAKE, MN 55025
2
Beds
1.5
Baths
1,344 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
17.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$643K
$611K low$674K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$675,000 · Jan 5, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,528 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$522,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$250,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$271,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$519,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$522,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.9 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Foyer
CountyWASHINGTON
Lot (acres)The size of the land the home sits on, from county records.17.50
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Wyoming Elementary SchoolA-
Elementary · Grades KG–5 · 2.0 mi
H
Forest Lake Area High SchoolB
High · Grades 9–12 · 2.8 mi
M
Forest Lake Area Middle SchoolB-
Middle · Grades 6–8 · 2.8 mi

District: Forest Lake Public School District

Neighborhood · ZIP 55025These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.110
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.28,297
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.331 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$103,852
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$115,578
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5151 240th St N measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Forest Lake 55025
  • Costs more per square foot than 98% of homes in Washington County
  • Among the largest lots in Washington County

What homes are worth in Forest Lake 55025

Each bar is how many homes fall in that price range. The marker is this home.

This home
$225K$960K

This home is worth more than 89% of homes in Forest Lake 55025.

How it measures up in Forest Lake 55025

The dot is this home. The mark in the middle is the typical home in Forest Lake 55025.

Estimated value$642,640
CheaperTypical $403,720Pricier

Pricier than 89% of homes nearby

Price per ft²$478
CheaperTypical $273Pricier

Pricier than 97% of homes nearby

Living area1,344 ft²
SmallerTypical 1,448 ft²Bigger

Bigger than 41% of homes nearby

Lot size17.5 ac
SmallerTypical 0.45 acBigger

Bigger than 98% of homes nearby

Year built1986
OlderTypical 1990Newer

Newer than 44% of homes nearby

How 5151 240th St N ranks against every home in each area.
MeasureThis homeForest Lake 55025Washington County
Estimated valuepricier than$642,64089% of homes84% of homes
Price per ft²pricier than$47897% of homes98% of homes
Living areabigger than1,344 ft²41% of homes36% of homes
Lot sizebigger than17.5 ac98% of homesalmost all homes
Year builtnewer than198644% of homes36% of homes

About 5151 240th St N

How much is 5151 240th St N, Forest Lake, MN worth?

The TopHap Estimate for 5151 240th St N, Forest Lake, MN is $642,640 as of Sep 24, 2026. The likely range is $611,056 to $674,224. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5151 240th St N, Forest Lake, MN last sell?

5151 240th St N, Forest Lake, MN last sold on Jan 5, 2023 for $675,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 5151 240th St N, Forest Lake, MN?

5151 240th St N, Forest Lake, MN has 2 bedrooms, 1.5 bathrooms, 1,344 square feet of living space and a 17.50-acre lot.

When was 5151 240th St N, Forest Lake, MN built?

5151 240th St N, Forest Lake, MN was built in 1986, making it 40 years old. It is a split foyer home.

What schools serve 5151 240th St N, Forest Lake, MN?

5151 240th St N, Forest Lake, MN is assigned to Wyoming Elementary School (elementary), rated A-; Forest Lake Area High School (high), rated B; Forest Lake Area Middle School (middle), rated B-. All sit in Forest Lake Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5151 240th St N, Forest Lake, MN compare to other homes in Forest Lake 55025?

Among the 9,609 homes in Forest Lake 55025, it is worth more than 89% of them ($642,640 against a typical $403,720), its price per square foot is higher than 97% of them ($478 against a typical $273), it is bigger than 41% of them (1,344 ft² against a typical 1,448 ft²), its lot is bigger than 98% of them (17.5 ac against a typical 0.45 ac) and it is newer than 44% of them (1986 against a typical 1990). Measured against all of Washington County, it is worth more than 84% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5151 240th St N, Forest Lake, MN?

The 2026 property tax bill for 5151 240th St N, Forest Lake, MN was $4,528. The county assessed it at $522,500.

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