Unique property with much potential. Former corner store with attached 3 bedroom living quarters. Remodel the store area into a large living-rec room. Include into the space a master bedroom. Convert the store area into a art studio, antique shop, etc. Or turn it into a short-term rental apartment. In the living quarters there is a sauna, large walk-in closet. On the property there is huge 50x36 pole barn with a full slab. Great for a mechanical shop or storage rental. Private fenced in back yard. The septic is compliant with the county. New furnace! Gas tanks have been removed. This property is ready for a new owner!
Sold for $115,000
$115,000
8702 Town Line Rd, Forbes, MN 55738
3beds
6,000sqft
Single Family Residence
Built in 1930
0.94 Acres Lot
$116,700 Zestimate®
$19/sqft
$1,283 Estimated rent
Home value
$116,700
$102,000 - $134,000
$1,283/mo
Zestimate® history
Owner options
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$589/mo
Est. payment
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Est. payment
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List your homeWhat's special
Master bedroomLarge living-rec roomLarge walk-in closet
Zillow last checked:
Listing updated:
Listed by:
Paula Mackey 218-780-2778,
Laurentian Realty
Bought with:
Paula Mackey, MN 40092509
Laurentian Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6121897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Spa/Sauna
Bedroom
- Area: 138 Square Feet
- Dimensions: 10 x 13.8
Bedroom
- Area: 138 Square Feet
- Dimensions: 10 x 13.8
Bedroom
- Area: 182 Square Feet
- Dimensions: 14 x 13
Kitchen
- Area: 155 Square Feet
- Dimensions: 10 x 15.5
Living room
- Area: 182 Square Feet
- Dimensions: 14 x 13
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator
Features
- Windows: Vinyl Windows, Wood Frames
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 6,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 3,000
Property
Parking
- Total spaces: 5
- Parking features: Detached, Multiple, Electrical Service, Slab
- Garage spaces: 5
Lot
- Size: 0.94 Acres
- Dimensions: 307 x 75, 100 x 156
- Features: Irregular Lot
Details
- Additional structures: Pole Building
- Foundation area: 3000
- Parcel number: 435001000380,00370
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl, Frame/Wood
- Foundation: Concrete Perimeter
Condition
- Previously Owned
- Year built: 1930
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Private Sewer, Drain Field, Mound Septic
- Water: Drilled
Community & HOA
HOA
- Has HOA: No
Location
- Region: Forbes
Financial & listing details
- Price per square foot: $19/sqft
- Tax assessed value: $8,900
- Annual tax amount: $1,432
- Date on market: 9/12/2025
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $115,000-10.9%$19/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6121897 Report a problem | ||
| 11/14/2025 | Pending sale | $129,000$22/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121897 Report a problem | ||
| 10/6/2025 | Price change | $129,000-11%$22/sqft |
Source: Range AOR #149011 Report a problem | ||
| 9/12/2025 | Listed for sale | $145,000$24/sqft |
Source: Range AOR #149011 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $166 -2.4% | $8,900 +14.1% |
| 2023 | $170 -6.6% | $7,800 +1.3% |
| 2022 | $182 +21.3% | $7,700 |
| 2021 | $150 | $7,700 +24.2% |
| 2020 | $150 | $6,200 |
| 2019 | $150 +8.7% | $6,200 |
| 2018 | $138 | $6,200 |
| 2017 | $138 | $6,200 +1450% |
| 2016 | $138 +6800% | $400 |
| 2015 | $2 | $400 |
| 2014 | $2 -38.3% | $400 -83.3% |
| 2008 | $3 -12.4% | $2,400 |
| 2007 | $4 -3.6% | $2,400 |
| 2006 | $4 -83.6% | $2,400 +4.3% |
| 2004 | $23 -6.3% | $2,300 |
| 2003 | $25 -5.4% | $2,300 -4.2% |
| 2002 | $26 -18.5% | $2,400 +9.1% |
| 2001 | $32 +388.6% | $2,200 +10% |
| 2000 | $7 | $2,000 |
Find assessor info on the county website
Neighborhood: 55738
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Nearby schools
GreatSchools rating
- 6/10Cherry Elementary SchoolGrades: PK-6Distance: 5.5 mi
- 5/10Cherry SecondaryGrades: 7-12Distance: 5.5 mi
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- Minnesota
- Saint Louis County
- Forbes
- 55738
- 8702 Town Line Rd
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