NOT LISTED FOR SALE

8559 Zim Rd Forbes, MN 55738

Estimated Value: $222,000 - $329,000

3 Beds
1 Bath
1,232 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $214,000 $174 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,489/month

Highlights

  • Ranch Style House
  • Living Room
  • Bathroom on Main Level
  • 2 Car Attached Garage
  • Laundry Room
  • Forced Air Heating System

About This Home

As of June 2021

This home is located at 8559 Zim Rd, Forbes, MN 55738 since 06 July 2021 and is currently estimated at $264,787, approximately $214 per square foot. This property was built in 2006. 8559 Zim Rd is a home located in St. Louis County with nearby schools including Cherry Secondary School.

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 07/06/2021

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty Listed on: 07/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 2006

Lot Details

  • 9.7 Acre Lot
  • Lot Dimensions are 300.00 x 1380.00

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 435001004534

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 7 to Zim Road. East on Zim Road to Fire Number.
  • L O1 Office Phone1 Number: 218-827-2288
  • List Price/ Sq Ft: 173.7
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 56
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1232
  • Garage Type: Attached
  • Heat: Forced Air, Hot Water, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2006
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Room 8: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1232
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 25 x 26

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Drilled

Schools

  • School District: Eveleth-Gilbert #2154
  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Geo Update Timestamp: 2021-07-06
  • Estimated Lot Dimensions: 300.00 x 1380.00
  • Estimated Number of Acres: 9.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 435001004534

Tax Info

  • Tax Amount: 751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jun 24, 2021
Sold by
Bong Tessa M and Wright Tessa M
Bought by
Storlie Lyle C and Olson Shaina R
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$214,000
Sold Price
$214,000
Current Estimated Value
$264,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,787
Avg. Annual Appreciation
5.10%
Original Mortgage
$166,400
Outstanding Balance
$150,654
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$114,133

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 30, 2019
Sold by
Aultman Pennelope L
Bought by
Wright Tessa M
Seller's Agent
Erik SUNDQUIST
Northland Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$185,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Evans David F and Evans Gail
Bought by
Aultman Marvin J and Aultman Pennelope L

Purchase Details

Closed on
Mar 17, 2005
Sold by
Evans David F and Evans Gail
Bought by
Aultman Marvin J

Purchase Details

Closed on
Mar 4, 2005
Sold by
Zganjar Janet L and Zganjar Joseph
Bought by
Evans David F and Evans Gail
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
Storlie Lyle C $214,000 Sellman Title Company Llc
Wright Tessa M $190,721 Northeast Title Company
Aultman Marvin J $11,250 Cons Hibbing
Aultman Marvin J $11,250 Excel
Evans David F $12,500 Title Exchange Llc
Zaganjar Joseph -- Excel
Storlie Lyle Lyle $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storlie Lyle C $166,400
Previous Owner Wright Tessa M $185,000
Closed Aultman Marvin J $0
Closed Storlie Lyle Lyle $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 For Sale $214,000 0.0% $174 / Sq Ft
06/24/2021 06/24/21 Sold $214,000 +13.2% $174 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
08/30/2019 08/30/19 Sold $189,000 -5.5% $153 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $199,900 -- $162 / Sq Ft
Source: Lake Superior Area 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 $1,014 $179,100 $39,800 $139,300
2022 $1,062 $176,200 $36,900 $139,300
2021 $836 $147,900 $22,800 $125,100
2020 $776 $126,300 $22,800 $103,500
2019 $740 $121,400 $22,800 $98,600
2018 $756 $121,400 $22,800 $98,600
2017 $594 $121,500 $22,900 $98,600
2016 $600 $112,000 $19,800 $92,200
2015 $582 $84,800 $15,000 $69,800
2014 $582 $84,800 $15,000 $69,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098162

APN: 435001004534