Google satellite image for 1355 Forsman Rd, Ely, MN 55731

Off Market Feb 2000 for $20K

—

Est. refi paymentEst. refi $135/mo

•

— ba

•

330

sq ft

1355 Forsman Rd, Ely, MN 55731

About this home

1355 Forsman Rd is a 330 square foot property on a 3.64 acre lot with 1 bedroom. - it last sold on February 03, 2000 for $20,000.

3.64 acresLot Size

$61Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

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 1355 Forsman Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,188 (+0.6%)

$187,000 + $44,000

$231,000

2025

$2,176 (+12.2%)

$187,000 + $41,900

$228,900

2024

$1,940 (−4.2%)

$169,300 + $34,900

$204,200

2023

$2,026 (+8.1%)

$169,300 + $25,800

$195,100

2022

$1,874 (−3.1%)

$140,100 + $21,400

$161,500

2021

$1,934 (+6.4%)

$140,100 + $21,400

$161,500

2020

$1,818 (+9.1%)

$140,100 + $21,400

$161,500

2019

$1,666 (+0.2%)

$138,400 + $11,500

$149,900

2018

$1,662 (−0.6%)

$138,400 + $11,500

$149,900

2017

$1,672 (−13.5%)

$138,400 + $11,500

$149,900

2016

$1,934 (−1.4%)

$163,400 + $13,500

$176,900

2014

$1,962 (−10.3%)

$163,400 + $13,500

$176,900

2013

$2,186

$181,300 + $13,500

$194,800

Tax history for 1355 Forsman Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,188 (+0.6%)

$187,000 + $44,000

$231,000

2025

$2,176 (+12.2%)

$187,000 + $41,900

$228,900

2024

$1,940 (−4.2%)

$169,300 + $34,900

$204,200

2023

$2,026 (+8.1%)

$169,300 + $25,800

$195,100

2022

$1,874 (−3.1%)

$140,100 + $21,400

$161,500

2021

$1,934 (+6.4%)

$140,100 + $21,400

$161,500

2020

$1,818 (+9.1%)

$140,100 + $21,400

$161,500

2019

$1,666 (+0.2%)

$138,400 + $11,500

$149,900

2018

$1,662 (−0.6%)

$138,400 + $11,500

$149,900

2017

$1,672 (−13.5%)

$138,400 + $11,500

$149,900

2016

$1,934 (−1.4%)

$163,400 + $13,500

$176,900

2014

$1,962 (−10.3%)

$163,400 + $13,500

$176,900

2013

$2,186

$181,300 + $13,500

$194,800

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

Property details

Interior

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Cabin
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Property Information
Subdivision Name: MORSE TOWN OF
Living Sq. Ft: 330
Building Sq. Ft: 330
# of Stories: 1.2
Legal Description: PART OF LOT 7 BEG 1666.80 FT N OF SE COR OF SEC 30 THENCE WLY 870 FT TO SHORE OF JOHNSON LAKE THENCE NELY ALONG LAKE SHORE 350 FT THENCE S81DEG36'00"E 706.40 FT TO SEC LINE THENCE S 200 FT TO PT OF BEG EX COMM AT SE COR OF SEC 30 THENCE N ALONG SEC LINE 1666.80 FT TO PT OF BEG THENCE WLY AT RT ANGLES TO SEC LINE 870 FT TO SHORE OF JOHNSON LAKE THENCE NELY ALONG SHORE OF LAKE 67 FT THENCE ELY PARALLEL WITH AND 66.60 FT FROM S LINE 865 FT TO SEC LINE THENCE S ALONG SEC LINE 66.60 FT TO PT OF BEG

Lot Information
# of Buildings: 1
Land Sq. Ft: 158,558
Legal Lot Number: 7
Municipality Name: MORSE TWP
Acres: 3.64
Zoning Code: RES
County Use Description: NON-COMM SEASONAL RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: —
Sq. Ft.: 330
Stories: 1.2
Lot Size: 3.64 acres
Style: Other
Year Built: —
Year Renovated: —
County: St. Louis County
APN: 465-0010-04410

Home facts updated by county records on Jun 15, 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

3/10 Fire Factor

0.31% 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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

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 1355 Forsman Rd

Data from public records.

Address	Redfin Estimate
1405 Forsman Rd, Ely, MN 1 Beds \| 2 Baths \| 1704 Sq. Ft.	$305,453
1351 Forsman Rd, Ely, MN 3 Beds \| 1 Baths \| 754 Sq. Ft.	$313,564

Address	Redfin Estimate
1385 Forsman Rd, Ely, MN 3 Beds \| 1 Baths \| 1428 Sq. Ft.	$248,143
1354 Forsman Rd, Ely, MN 3 Beds \| 2 Baths \| 992 Sq. Ft.	$428,105

Address	Redfin Estimate
1361 Forsman Rd, Ely, MN 3 Beds \| 2 Baths \| 1080 Sq. Ft.	$347,258
1343 Forsman Rd, Ely, MN 2 Beds \| 2 Baths \| 1008 Sq. Ft.	$561,898

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