NOT LISTED FOR SALE

1001 E Sheridan St Ely, MN 55731

Estimated Value: $163,000 - $189,000

3 Beds
2 Baths
1,008 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $74,900 $74 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,029/month

69 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Partially Fenced Property
  • Memorial High School Rated 9+
  • Central Air
  • 4-minute walk to Whiteside Park

About This Home

As of November 2019

NEW TO THE MARKET~ this property is truly unique!!! So many options, and AFFORDABLE!!! Listed at below tax value~ don't let this one slip away. Formerly used as an outfitting business and home for the owners. This corner double lot includes a very well built 3 bedroom, 1.5 bath home with lots of storage and dry basement!!! The home needs some updating, but is solid, and exterior has insulated steel siding and metal soffit and fascia. The 2 stall garage was used as part of the outfitting business. It is very clean, includes an attached kitchen and office AND BASEMENT with half bath!!! Also on the property is a well built metal Morton storage building with lots of built in shelving and covered overhang. Concrete patio between home, garage, and storage building. SO MANY OPPORTUNITIES!!!

Last Agent to Sell the Property

Misty Merhar

z' Up North Realty License #40585279 Listed on: 07/05/2019

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company License #40199284

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Property is zoned C-1

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030-0380-01210

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Oil
  • Lower Level Bathrooms: .5
  • Lvt Date: 07/05/2019
  • Main Level Bathrooms: .5
  • Number Of Bedrooms: 3
  • Parcel Code Number: 030-0380-01210
  • Patioporch: Patio
  • Real Estate Tax: 1944
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1008
  • Bedroom 1: Size: 12'6x9'9, On Level: Upper
  • Total Bathrooms: 2
  • Appliances: Electric Range, Refrigerator
  • Basement: Block, Full, Partial
  • Bedroom 2: Size: 10'x9'6, On Level: Upper
  • Bedroom 3: Size: 14'2x6'5, On Level: Upper
  • Dining Room: Size: 13'2x11'10, On Level: Main
  • Kitchen: Size: 10'10x11'7, On Level: Main
  • Living Room: Size: 13'10x13'2, On Level: Main
  • Other Room 2: Office/Kit, Size: 17 x 23, On Level: Main
  • Other Room 3: Grge Bsmnt, Size: 17 x 23, On Level: Lower

Exterior Features

  • Exterior: Steel, Stucco
  • Roof: Asphalt, Metal

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 2 Stall +

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Fencing: Chain Link, Partial
  • Lot Size: Dimensions: 127x60
  • Number Of Acres: 0.08
  • Zoning: C-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Nov 27, 2019
Sold by
Johnson Douglas A
Bought by
Elmquist James B and Elmquist Jennifer L
Seller's Agent
Misty Merhar
z' Up North Realty
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$99,000
Sold Price
$74,900
Premium/Discount to List
-$24,100
-24.34%
Current Estimated Value
$176,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,730
Avg. Annual Appreciation
15.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elmquist James B $74,900 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $74,900 -6.3% $74 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $79,900 -19.3% $79 / Sq Ft
07/05/2019 07/05/19 For Sale $99,000 -- $98 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,362 $140,200 $37,700 $102,500
2023 $1,362 $133,300 $36,500 $96,800
2022 $1,386 $131,800 $34,600 $97,200
2021 $1,376 $112,300 $31,400 $80,900
2020 $2,016 $103,200 $31,400 $71,800
2019 $1,944 $103,200 $31,400 $71,800
2018 $1,936 $101,900 $31,400 $70,500
2017 $1,960 $102,000 $30,700 $71,300
2016 $2,008 $97,100 $27,900 $69,200
2015 $1,930 $102,200 $30,900 $71,300
2014 $1,968 $102,200 $30,900 $71,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Misty Merhar

    z' Up North Realty

    (218) 349-3745

    25 in this area

    38 Total Sales

    Misty Merhar
    Section Image

  • C

    Buyer's Agent in 2019

    Chris Eilrich

    Wildwoods Land Company

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 137661

Range Association of REALTORS®

APN: 030038001210

Minnesota St Louis County Ely 55731

1001 E Sheridan St, Ely, MN

Not Listed for Sale

Detached

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