NOT LISTED FOR SALE

2823 Highway 7 Forbes, MN 55738

Estimated Value: $212,000 - $294,000

3 Beds
2 Baths
1,992 Sq Ft
$127/Sq Ft Est. Value

About This Home

This home is located at 2823 Highway 7, Forbes, MN 55738 and is currently estimated at $253,398, approximately $127 per square foot. 2823 Highway 7 is a home located in St. Louis County with nearby schools including Cherry Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Ojala Bret E and Ojala Lori J
Bought by
Ojala Bret E and Ojala Samantha
Current Estimated Value
$253,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Outstanding Balance
$14,102
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,296
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
Ojala Bret E $199,000 Northeast Title Company
Ojala Bret Bret $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojala Bret E $159,200
Closed Ojala Bret Bret $159,200
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
2023 $1,002 $178,100 $50,500 $127,600
2022 $1,226 $174,000 $46,400 $127,600
2021 $986 $159,200 $29,500 $129,700
2020 $924 $136,600 $29,500 $107,100
2019 $882 $131,400 $29,500 $101,900
2018 $900 $131,400 $29,500 $101,900
2017 $792 $131,400 $29,500 $101,900
2016 $798 $121,000 $25,300 $95,700
2015 $782 $98,400 $20,600 $77,800
2014 $782 $98,400 $20,600 $77,800
Source: Public Records

Map

Minnesota St Louis County Forbes 55738

2823 Highway 7, Forbes, MN

This home is located at 2823 Highway 7, Forbes, MN 55738 and is currently estimated at $253,398, approximately $127 per square foot. 2823 Highway 7 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.

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