NOT LISTED FOR SALE

2643 Highway 25 Forbes, MN 55738

Estimated Value: $194,000 - $278,049

3 Beds
2 Baths
1,516 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $185,000 $122 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,483/month

Highlights

  • Heated Floors
  • 3 Car Detached Garage
  • 1-Story Property
  • Enclosed Patio or Porch

About This Home

As of December 2020

Beautiful one level home built in 2001, nicely situated on 10 acres of land! 3 bedrooms / 2 bathrooms / 3 stall garage / Open concept / Slab on grade / In-floor heat / New propane boiler 2020 / Maintenance free vinyl siding / Covered screen porch / Nice yard pond / Compliant septic! Great location - only 13 miles from the Hibbing Airport. This excellent home can be yours!

Last Agent to Sell the Property

Matt Rengstorf

Perrella & Associates License #40752619 Listed on: 10/07/2020

Last Buyer's Agent

Delaney Maki

My Place Realty Inc License #4064745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $870

Year Built

  • Built in 2001

Lot Details

  • 10

Parking

  • 3 Car Detached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Enclosed Patio or Porch
  • 10 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 420-0024-03850

Home Details

Home Type

Single Family

Est. Annual Taxes

$870

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, In-Floor, Hot Water
  • Lvt Date: 10/07/2020
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 3
  • Parcel Code Number: 420-0024-03850
  • Patioporch: Porch, Covered, Enclosed, Screened
  • Real Estate Tax: 870
  • Style: One Story
  • Total Above Grade Sq Ft: 1516
  • Type: Residential
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1516
  • Bedroom 1: Size: 15x12, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 12x11, On Level: Main
  • Bedroom 3: Size: 11x11, On Level: Main
  • Dining Room: Size: 12.5x10.5, On Level: Main
  • Kitchen: Size: 12.5x10.5, On Level: Main
  • Living Room: Size: 18x15, On Level: Main
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1516
  • Other Room 2: Entry/Mud, Size: 11.5x9, On Level: Main
  • Other Room 3: Utility, Size: 11.5x8.5, On Level: Main

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 36x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Hibbing

Lot Info

  • Lot Size: Dimensions: 1328x328
  • Number Of Acres: 10
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 16, 2020
Sold by
Eastman Bradley J and Eastman Allyson J
Bought by
Vespa Joseph David
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Delaney Maki
My Place Realty Inc
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$253,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,262
Avg. Annual Appreciation
6.76%
Original Mortgage
$175,500
Outstanding Balance
$156,275
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$96,987
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vespa Joseph David $185,000 All American Title
Vespa Joseph Joseph $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vespa Joseph David $175,500
Closed Vespa Joseph Joseph $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $185,000 -7.5% $122 / Sq Ft
10/07/2020 10/07/20 For Sale $199,900 -- $132 / Sq Ft
Source: Range Association of REALTORS®

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
2023 $1,674 $218,300 $43,600 $174,700
2022 $1,462 $203,000 $41,100 $161,900
2021 $1,474 $169,300 $29,600 $139,700
2020 $870 $169,300 $29,600 $139,700
2019 $836 $119,000 $28,500 $90,500
2018 $844 $119,000 $28,500 $90,500
2017 $856 $119,000 $28,500 $90,500
2016 $850 $119,000 $28,500 $90,500
2015 $846 $91,600 $20,700 $70,900
2014 $846 $91,600 $20,700 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Matt Rengstorf

    Seller's Agent in 2020

    Matt Rengstorf

    Perrella & Associates

    (218) 295-2240

    442 Total Sales

    Matt Rengstorf
    Section Image
  • Delaney Maki

    Buyer's Agent in 2020

    Delaney Maki

    My Place Realty Inc

    (218) 295-2866

    191 Total Sales

    Delaney Maki
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 140403

Range Association of REALTORS®

APN: 420002403850

Minnesota St Louis County Forbes 55738

2643 Highway 25, Forbes, MN

This home is located at 2643 Highway 25, Forbes, MN 55738 since 07 October 2020 and is currently estimated at $253,262, approximately $167 per square foot. This property was built in 2001. 2643 Highway 25 is a home located in St. Louis County with nearby schools including Cherry Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes