For SaleRisky Deal62 days on market
310 Fern St APT 6
310 Fern St APT 6, Big Lake, MN 55309, Big Lake, MN 55309
$189,900
Estimate®:$189,900
Listing Price
310 Fern St APT 6, Big Lake, MN 55309
Loc: Big Lake, MN
Days Listed
62
Tax Assessed
$204k
Estimate®
$190k
Market Rate
Lot Size
1,307 sqft
Rent Estimate
$1,536/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Independence Elementary School
3-5
0.4 mi away
5
Big Lake Middle School
6-8
0.3 mi away
9
Big Lake Senior High School
9-12
0.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
(CC) Condominium2001Forced AirCentral Air1 Garage space$295 monthly62 Days$154
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.64%
Total ROI
81.5%
Cash Flow
$-93/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-93/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • Strong rental demand in Big Lake
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $189,900 | $154 |
| 2026-08-27 | Price change | $199,900 | $163 |
| 2026-08-07 | Price change | $209,900 | $171 |
| 2026-07-24 | Listed for sale | $219,900 | $179 |
| 2024-01-05 | Sold | $205,000 | $167 |
| 2023-12-22 | Pending sale | $214,500 | $174 |
| 2023-11-20 | Price change | $214,500 | $174 |
| 2023-10-30 | Price change | $214,900 | $175 |
| 2023-09-29 | Price change | $219,900 | $179 |
| 2023-09-11 | Price change | $224,900 | $183 |
| 2023-08-23 | Price change | $227,500 | $185 |
| 2023-07-17 | Listed for sale | $229,900 | $187 |
| 2020-07-27 | Sold | $164,500 | $134 |
| 2020-07-01 | Listed for sale | $170,000 | $138 |
| 2020-07-01 | Pending sale | $170,000 | $138 |
| 2020-06-13 | Listed for sale | $170,000 | $138 |
| 2019-09-04 | Listing removed | $1,199 | $1 |
| 2019-08-16 | Listed for rent | $1,199 | $1 |
| 2018-10-02 | Listing removed | $1,199 | $1 |
| 2018-09-17 | Listed for rent | $1,199 | $1 |
| 2017-09-29 | Sold | $130,000 | $106 |
| 2017-09-13 | Listed for sale | $129,000 | $105 |
| 2017-08-29 | Pending sale | $129,000 | $105 |
| 2017-07-19 | Listed for sale | $129,000 | $105 |
| 2006-07-27 | Sold | $142,500 | $116 |
| 2003-05-02 | Sold | $129,900 | $106 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,244 | $175,374 |
| 2024 | $2,432 | $175,265 |
| 2023 | $2,460 | $199,600 |
| 2022 | $2,356 | $194,200 |
| 2021 | $2,216 | $145,000 |
| 2020 | $2,070 | $130,500 |
| 2019 | $2,216 | $130,500 |
| 2018 | $2,070 | $118,400 |
| 2017 | $1,530 | $102,900 |
| 2016 | $1,736 | $96,100 |
| 2015 | $1,436 | $82,400 |
| 2014 | $1,436 | $74,200 |
| 2013 | $776 | $42,700 |
| 2012 | $779 | $42,700 |
| 2011 | $1,311 | $77,200 |
| 2010 | $1,296 | $108,200 |
| 2009 | $1,310 | $110,500 |
| 2008 | $95.97 | $125,600 |
| 2007 | $95.17 | $125,600 |
| 2006 | $103.27 | $121,900 |
| 2005 | $108.3 | $129,900 |
| 2004 | $104.7 | $103,300 |
| 2003 | $237.06 | $92,200 |
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