NOT LISTED FOR SALE

1405 Forsman Rd Ely, MN 55731

Estimated Value: $97,000 - $310,000

3 Beds
2 Baths
1,704 Sq Ft
$122/Sq Ft Est. Value

About This Home

This home is located at 1405 Forsman Rd, Ely, MN 55731 and is currently estimated at $208,468, approximately $122 per square foot. 1405 Forsman Rd is a home with nearby schools including Washington Elementary School and Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
Forsman Albert
Bought by
Forsman Albert and Forsman Bonnie
Current Estimated Value
$208,468

Purchase Details

Closed on
Dec 2, 2015
Sold by
Not Provided
Bought by
Not Provided Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Forsman Albert -- None Available
Not Provided Jacob $23,300 Northeast Title Company
Forsman Jacob $46,600 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forsman Jacob $55,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $848 $177,200 $100,400 $76,800
2023 $848 $157,700 $91,000 $66,700
2022 $470 $153,100 $82,400 $70,700
2021 $348 $94,400 $69,400 $25,000
2020 $314 $71,800 $69,400 $2,400
2019 $314 $71,800 $69,400 $2,400
2018 $310 $73,800 $70,100 $3,700
2017 $272 $73,800 $70,100 $3,700
2016 $684 $69,900 $69,000 $900
2015 $824 $83,000 $82,100 $900
2014 $818 $83,000 $82,100 $900
Source: Public Records

Map

Minnesota St Louis County Ely 55731

1405 Forsman Rd, Ely, MN

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