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Single Family ResidenceResidential
$149,702$103 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

2040 HIGHWAY 7

FORBES, MN 55738
3
Beds
1.8
Baths
1,456 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
5.83 ac
Lot SizeThe size of the land the home sits on, from county records.
1
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$150K
$128K low$172K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,346 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$251,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$37,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$213,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$223,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$251,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.53 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyST. LOUIS
Lot (acres)The size of the land the home sits on, from county records.5.83
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.Spa/Hot Tub (Only)
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.SaunaDeck · 96 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
South Ridge Secondary SchoolC-
Middle · Grades 7–12 · 20.9 mi
E
South Ridge Elementary SchoolB-
Elementary · Grades PK–6 · 20.9 mi

District: St. Louis County School District

Neighborhood · ZIP 55738These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.8

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.2%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.489
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,289
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,663
Average tempThe average temperature here across a full year.38°F
Annual precipHow much rain and melted snow falls here in a typical year.28 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2040 Highway 7 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 74% of homes in St. Louis County
  • Costs less per square foot than 86% of homes in St. Louis County
  • Bigger than 80% of homes in Forbes 55738
  • Has a bigger lot than 83% of homes in St. Louis County

What homes are worth in Forbes 55738

Each bar is how many homes fall in that price range. The marker is this home.

This home
$67K$362K

This home is worth more than 49% of homes in Forbes 55738.

How it measures up in Forbes 55738

The dot is this home. The mark in the middle is the typical home in Forbes 55738.

Estimated value$149,702
CheaperTypical $156,353Pricier

Pricier than 49% of homes nearby

Price per ft²$103
CheaperTypical $122Pricier

Pricier than 26% of homes nearby

Living area1,456 ft²
SmallerTypical 1,056 ft²Bigger

Bigger than 80% of homes nearby

Lot size5.83 ac
SmallerTypical 20 acBigger

Bigger than 26% of homes nearby

How 2040 Highway 7 ranks against every home in each area.
MeasureThis homeForbes 55738St. Louis County
Estimated valuepricier than$149,70249% of homes26% of homes
Price per ft²pricier than$10326% of homes14% of homes
Living areabigger than1,456 ft²80% of homes71% of homes
Lot sizebigger than5.83 ac26% of homes83% of homes

About 2040 Highway 7

How much is 2040 Highway 7, Forbes, MN worth?

The TopHap Estimate for 2040 Highway 7, Forbes, MN is $149,702 as of Aug 30, 2026. The likely range is $127,763 to $171,641. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2040 Highway 7, Forbes, MN last sell?

2040 Highway 7, Forbes, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 2040 Highway 7, Forbes, MN?

2040 Highway 7, Forbes, MN has 3 bedrooms, 1.8 bathrooms, 1,456 square feet of living space and a 5.83-acre lot.

What schools serve 2040 Highway 7, Forbes, MN?

2040 Highway 7, Forbes, MN is assigned to South Ridge Secondary School (middle), rated C-; South Ridge Elementary School (elementary), rated B-. All sit in St. Louis County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2040 Highway 7, Forbes, MN compare to other homes in Forbes 55738?

Among the 357 homes in Forbes 55738, it is worth more than 49% of them ($149,702 against a typical $156,353), its price per square foot is higher than 26% of them ($103 against a typical $122), it is bigger than 80% of them (1,456 ft² against a typical 1,056 ft²) and its lot is bigger than 26% of them (5.83 ac against a typical 20 ac). Measured against all of St. Louis County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2040 Highway 7, Forbes, MN?

The 2026 property tax bill for 2040 Highway 7, Forbes, MN was $1,346. The county assessed it at $251,000.

More homes on Highway 7

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More homes in Forbes 55738

Assigned schools

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