Sold for $227,000

$227,000

3470 Hwy 7, Forbes, MN 55738

3beds

2,376sqft

Single Family Residence

Built in 1940

7 Acres Lot

$227,800 Zestimate^®

$96/sqft

$2,166 Estimated rent

Home value

$227,800

$216,000 - $239,000

$2,166/mo

Zestimate^® history

Owner options

List your home for rent

$2,166/mo

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$2,166/mo

Rent Zestimate^®

Refinance and save

$1,521/mo

Est. payment

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$1,521/mo

Est. payment

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What's special

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Workshop, 3 Season Porch

Bedroom

Level: Main
Area: 136.5 Square Feet
Dimensions: 13 x 10.5

Bedroom

Level: Main
Area: 108 Square Feet
Dimensions: 10.8 x 10

Bedroom

Level: Second
Area: 190 Square Feet
Dimensions: 19 x 10

Bathroom

Level: Lower
Area: 110.5 Square Feet
Dimensions: 13 x 8.5

Family room

Level: Lower
Area: 416 Square Feet
Dimensions: 26 x 16

Kitchen

Level: Main
Area: 198 Square Feet
Dimensions: 16.5 x 12

Living room

Level: Main
Area: 247 Square Feet
Dimensions: 13 x 19

Storage

Level: Lower
Area: 143 Square Feet
Dimensions: 11 x 13

Other

Description: Hot Tub space with full screened porch
Level: Main

Heating

Forced Air, Oil

Cooling

Window Unit(s)

Appliances

Laundry: Dryer Hook-Ups, Washer Hookup

Features

Ceiling Fan(s), Eat In Kitchen
Flooring: Hardwood Floors
Windows: Vinyl Windows, Wood Frames
Basement: Full,Drainage System,Bath,Washer Hook-Ups,Dryer Hook-Ups
Has fireplace: No

Interior area

Total interior livable area: 2,376 sqft
Finished area above ground: 1,423
Finished area below ground: 953

Property

Parking

Total spaces: 3
Parking features: Off Street, RV Parking, Gravel, Detached, Electrical Service, Insulation, Slab
Garage spaces: 3
Has uncovered spaces: Yes

Features

Patio & porch: Deck, Patio, Porch

Lot

Size: 7 Acres
Dimensions: 1320 x 550
Features: Corner Lot, Tillable, Tree Coverage - Medium, Level

Details

Parcel number: 435001000385
Other equipment: Fuel Tank-Owned

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Vinyl, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1940

Utilities & green energy

Electric: Minnesota Power
Sewer: Private Sewer
Water: Drilled

Community & HOA

HOA

Has HOA: No

Location

Region: Forbes

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $211,800
Annual tax amount: $1,711
Date on market: 6/17/2026
Cumulative days on market: 63 days
Listing terms: Cash,Conventional,FHA,USDA Loan,MHFA/WHEDA,VA Loan

Price history

Date	Event	Price
9/21/2026	Sold	$227,000-3.4%$96/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126123 Report a problem
8/23/2026	Contingent	$234,900$99/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126123 Report a problem
8/10/2026	Price change	$234,900-4.1%$99/sqft
Source: Range AOR #150153 Report a problem
7/16/2026	Price change	$244,900-2%$103/sqft
Source: Range AOR #150153 Report a problem
6/17/2026	Listed for sale	$249,900+29.8%$105/sqft
Source: Range AOR #150153 Report a problem
12/20/2021	Sold	$192,500+122.5%$81/sqft
Source: Public Record Report a problem
1/30/2002	Sold	$86,500$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$1,026 +16.3%	$211,800 +6.1%
2025	$882 -13.2%	$199,700 +5.7%
2024	$1,016 -4.2%	$188,900 +13.7%
2023	$1,060 +31.2%	$166,200 +2%
2022	$808 +39.3%	$163,000 +30.4%
2021	$580	$125,000 +20.1%
2020	$580	$104,100
2019	$580 +3.2%	$104,100 -0.1%
2018	$562 +2.2%	$104,200
2017	$550 -2.1%	$104,200 +7%
2016	$562 +14.2%	$97,400 +41.4%
2015	$492 -0.8%	$68,900 +0.7%
2014	$496 +8.7%	$68,400 -0.1%
2013	$456 +3.4%	$68,500
2012	$441 +29.7%	$68,500 -29.4%
2011	$340 -54.5%	$97,000 -30.6%
2010	$747	$139,700
2009	$747 +106.8%	$139,700 +24.8%
2008	$361 +25.1%	$111,900 +15%
2007	$289 +39.2%	$97,300 +15%
2006	$207 +16%	$84,600 +47.1%
2004	$179 -2.3%	$57,500 +7.5%
2003	$183 +5.2%	$53,500 +10.1%
2002	$174 -12.6%	$48,600 +8.5%
2001	$199 +2.1%	$44,800 +8.5%
2000	$195	$41,300