Google satellite image for 1351 Forsman Rd, Ely, MN 55731

OFF MARKET

$313,564

•

1 ba

•

754

sq ft

1351 Forsman Rd, Ely, MN 55731

About this home

1351 Forsman Rd is a 754 square foot house on a 6.05 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Ely data, we estimate the home's value is $313,564.

Single-familyProperty Type

1988Year Built

6.05 acresLot Size

$416Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$313,564

$17K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.6% lower than the average sale price ($445K) of 6 comparable homes.

SOLD JUN 30, 2026
$439,000
A
3 beds2 baths2,085 sq ft
1493 Inspiration Rd, Ely, MN 55731
SOLD JUL 31, 2026
$519,000
B
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD AUG 12, 2026
$780,000
C
3 beds2 baths1,916 sq ft
1675 Bradach Rd, Ely, MN 55731
SOLD JUL 29, 2026
$249,000
D
3 beds1.5 baths1,480 sq ft
1419 E Chapman St, Ely, MN 55731
SOLD JUL 27, 2026
$210,000
E
2 beds1 bath1,215 sq ft
13464 Chestnut Dr, Ely, MN 55731
SOLD AUG 28, 2026
$475,000
F
2 beds1 bath1,335 sq ft
632 Voyageur Rd, Ely, MN 55731

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Earn from this home

Rent

$1,766/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.2%

0.8% MoM

Median sale price

$275K

$6K MoM

Avg. days on market

62d

20 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 15 HRS AGO
$198,500
2 beds2 baths1,636 sq ft
218 N 1st Ave, Ely, MN 55731
NEW 17 HRS AGO
$159,000
2 beds1 bath1,222 sq ft
403 E Camp St, Ely, MN 55731
NEW 19 HRS AGO
$160,000
4 beds3 baths1,540 sq ft
731 E Camp St, Ely, MN 55731
$239,000
2 beds1 bath992 sq ft
408 S 7th Ave Ave E, Ely, MN 55731
See all

Provided by Redfin

Sale history for 1351 Forsman Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$2,974 (−0.7%)

$134,700 + $151,300

$286,000

2025

$2,994 (+6.5%)

$134,700 + $143,900

$278,600

2024

$2,810 (−8.5%)

$127,600 + $136,500

$264,100

2023

$3,070 (+8.6%)

$127,600 + $136,500

$264,100

2022

$2,826 (−6.4%)

$121,200 + $113,200

$234,400

2021

$3,020 (+28.8%)

$121,200 + $117,200

$238,400

2020

$2,344 (+5.9%)

$121,200 + $117,200

$238,400

2019

$2,214 (+0.8%)

$106,707 + $112,857

$219,564

2018

$2,196 (−1.0%)

$106,707 + $112,857

$219,564

2017

$2,218 (−8.8%)

$106,707 + $112,857

$219,564

2016

$2,432 (−0.4%)

$127,100 + $116,600

$243,700

2014

$2,442 (−13.1%)

$127,100 + $116,600

$243,700

2013

$2,810

$157,600 + $118,400

$276,000

Tax history for 1351 Forsman Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,974 (−0.7%)

$134,700 + $151,300

$286,000

2025

$2,994 (+6.5%)

$134,700 + $143,900

$278,600

2024

$2,810 (−8.5%)

$127,600 + $136,500

$264,100

2023

$3,070 (+8.6%)

$127,600 + $136,500

$264,100

2022

$2,826 (−6.4%)

$121,200 + $113,200

$234,400

2021

$3,020 (+28.8%)

$121,200 + $117,200

$238,400

2020

$2,344 (+5.9%)

$121,200 + $117,200

$238,400

2019

$2,214 (+0.8%)

$106,707 + $112,857

$219,564

2018

$2,196 (−1.0%)

$106,707 + $112,857

$219,564

2017

$2,218 (−8.8%)

$106,707 + $112,857

$219,564

2016

$2,432 (−0.4%)

$127,100 + $116,600

$243,700

2014

$2,442 (−13.1%)

$127,100 + $116,600

$243,700

2013

$2,810

$157,600 + $118,400

$276,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Basement
Building Style Type: Log
Building Construction Quality: Good
Building Type: Residential

Property Information
Subdivision Name: MORSE TOWN OF
Living Sq. Ft: 754
Building Sq. Ft: 754
# of Stories: 1
Legal Description: THAT PART OF GOVT LOT 7, DESCRIBED AS FOLLOWS: STARTING AT THE SOUTHEAST CORNER OF SAID SECTION 30 (AN IRON PIPE MARKED BY ONE ORIGINAL BEARING TREE AND TWO WITNESS IRON PIPES) AND ASSUMING THE LINE BETWEEN THE SAID SOUTHEAST CORNER OF SECTION 30 AND THE EAST QUARTER CORNER OF SAID SECTION 30 (AN IRON PIPE) AS DUE NORTH AND SOUTH; THENCE DUE NORTH ALONG THE SECTION LINE FOR A DISTANCE OF 1426.8 FEET TO THE POINT OF BEGINNING; THENCE WESTERLY AT RIGHT ANGLES TO THE SECTION LINE FOR A DISTANCE OF 855 FEET, MORE OR LESS, TO THE SHORE OF JOHNSON LAKE; THENCE NORTHERLY ALONG THE SHORE OF THE LAKE FOR A DISTANCE OF 240 FEET, MORE OR LESS; THENCE EASTERLY ON A LINE AT RIGHT ANGLES TO THE SECTION LINE FOR A DISTANCE OF 870 FEET TO THE SECTION LINE;

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 1,280
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 263,538
Legal Lot Number: 7
Municipality Name: MORSE TWP
Acres: 6.05
Zoning Code: RES
County Use Description: RESIDENTIAL NON-HOMESTEAD (SIN

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 754
Stories: 1.0
Lot Size: 6.05 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: St. Louis County
APN: 465-0010-04411

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 5.9mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 5.8mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 5.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Ely, MN • 55731

Average low and high temperatures (°F)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 55731

NEW 15 HRS AGO

$198,500

2 beds2 baths1,636 sq ft

218 N 1st Ave, Ely, MN 55731

NEW 17 HRS AGO

$159,000

2 beds1 bath1,222 sq ft

403 E Camp St, Ely, MN 55731

NEW 19 HRS AGO

$160,000

4 beds3 baths1,540 sq ft

731 E Camp St, Ely, MN 55731

$239,000

2 beds1 bath992 sq ft

408 S 7th Ave Ave E, Ely, MN 55731

Home values near 1351 Forsman Rd

Data from public records.

Address	Redfin Estimate
1405 Forsman Road, Ely, MN 1 Beds \| 2 Baths \| 1704 Sq. Ft.	$305,453
1354 Forsman Road, Ely, MN 3 Beds \| 2 Baths \| 992 Sq. Ft.	$428,105

Address	Redfin Estimate
1385 Forsman Road, Ely, MN 3 Beds \| 1 Baths \| 1428 Sq. Ft.	$248,143
1343 Forsman Road, Ely, MN 2 Beds \| 2 Baths \| 1008 Sq. Ft.	$561,898

Address	Redfin Estimate
1361 Forsman Road, Ely, MN 3 Beds \| 2 Baths \| 1080 Sq. Ft.	$347,258
1321 N Highway 21, Ely, MN 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$524,798

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