NOT LISTED FOR SALE

3470 Highway 7 Forbes, MN 55738

Estimated Value: $172,000 - $264,000

3 Beds
1.5 Baths
2,376 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $192,500 $81 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,272/month

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • Ceiling Fan
  • Patio

About This Home

As of October 2021

County living with 7 acres of great land!! Beautiful new landscaping, new: windows, roof, and so many other updates, all you have to do is unpack! Perfect location, close to all the Quad Cities has to offer. 3+ detached garage for all your toys, and some acres for the hunting enthusiast. Your "Up North" home is waiting for new owners to start making memories. Don't miss this one!

Last Agent to Sell the Property

Samantha Koivunen

Dane Arthur Real Estate Agency License #40444533 Listed on: 07/17/2021

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals License #40284359

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1940

Lot Details

  • 7

Parking

  • 3 Car Detached Garage

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,376 Sq Ft Home
  • Ceiling Fan
  • Block Basement Construction

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Patio
  • 7 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 435-0010-00385

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Post And Beam, Wood Frame
  • Guttering: Yes
  • Heat: Oil, Forced Air
  • Lower Level Bathrooms: .5
  • Lvt Date: 07/17/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 435-0010-00385
  • Patioporch: Patio
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 634
  • Style: 1 1/4 Story
  • Total Above Grade Sq Ft: 1423
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 2376
  • Bedroom 1: Size: 10'6 X 13, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Hood, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Block
  • Bedroom 2: Size: 10 X 10'8, On Level: Main
  • Bedroom 3: Size: 10 X 19, On Level: Upper
  • Kitchen: Size: 12 X 16'6, On Level: Main
  • Living Room: Size: 19 X 13, On Level: Main
  • Lower Level Sq Ft: 953
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 953
  • Other Room 2: Storage, Size: 13 X 11, On Level: Lower
  • Other Room 3: Bath, Size: 8'6 X 13, On Level: Lower
  • Rec Room: Size: 16 X 26, On Level: Lower
  • Upper Level Sq Ft: 470

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 37 X 50

Utilities

  • Cooling: Ceiling Fan
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Eveleth/Gilbert

Lot Info

  • Lot Size: Dimensions: 1320x550
  • Number Of Acres: 7
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 19, 2021
Sold by
Ellis Daniel B
Bought by
Hashey Rebecca J and Hashey Adam R
Seller's Agent
Samantha Koivunen
Dane Arthur Real Estate Agency
Buyer's Agent
Amy Spampinato
RE/MAX Professionals
List Price
$169,900
Sold Price
$192,500
Premium/Discount to List
$22,600
13.3%
Current Estimated Value
$225,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,484
Avg. Annual Appreciation
2.67%
Original Mortgage
$194,444
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2002
Sold by
Hawkins Rhonda Rose and Hawkins Dennis J
Bought by
Ellis Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,175
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
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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
Hashey Rebecca J $192,500 First American Title
Ellis Daniel B $86,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hashey Rebecca J $194,444
Previous Owner Ellis Daniel B $82,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $192,500 +13.3% $81 / Sq Ft
09/29/2021 09/29/21 For Sale $169,900 0.0% $72 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $169,900 -2.9% $72 / Sq Ft
07/17/2021 07/17/21 For Sale $174,900 -- $74 / 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 $882 $166,200 $43,800 $122,400
2022 $808 $163,000 $40,600 $122,400
2021 $634 $125,000 $25,600 $99,400
2020 $580 $108,100 $25,600 $82,500
2019 $550 $104,100 $25,600 $78,500
2018 $562 $104,100 $25,600 $78,500
2017 $492 $104,200 $25,700 $78,500
2016 $496 $97,400 $23,200 $74,200
2015 $471 $68,900 $16,400 $52,500
2014 $471 $68,400 $16,400 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Samantha Koivunen

    Seller's Agent in 2021

    Samantha Koivunen

    Dane Arthur Real Estate Agency

    (218) 780-8849

    64 Total Sales

    Samantha Koivunen
    Section Image
  • Amy Spampinato

    Buyer's Agent in 2021

    Amy Spampinato

    RE/MAX

    (218) 348-7027

    162 Total Sales

    Amy Spampinato
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 141918

Range Association of REALTORS®

APN: 435001000385

Minnesota St Louis County Forbes 55738

3470 Highway 7, Forbes, MN

This home is located at 3470 Highway 7, Forbes, MN 55738 since 17 July 2021 and is currently estimated at $225,984, approximately $95 per square foot. This property was built in 1940. 3470 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.

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.

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