$181,000
SOLD MAY 15, 2025

1004 E Madison St Ely, MN 55731

2 Beds
2 Baths
1,650 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Panoramic View
  • Vaulted Ceiling
  • Wood Flooring
  • Memorial High School Rated 9+
  • Traditional Architecture
  • Corner Lot

About This Home

As of May 2025

Discover the best of Ely living with this amazing property—your dream home is just a call away. This charming 2-bedroom, 2-bath home is perfect for first-time homebuyers, small families, and outdoor enthusiasts eager to enjoy the natural beauty of the area. Spacious Corner Lot: Enjoy the privacy and space of a large corner lot with a beautifully fenced-in yard. Detached 2-Car heated garage, perfect for those chilly winters, this garage offers convenience and comfort. New electrical panel, updated 3/4 bathroom on the main level, luxurious spa-like bathroom on the upper level with a jetted jacuzzi tub and shower, new laminate flooring, cozy wood details in the cove ceiling of the living room, log wall accents in one of the upper bedrooms, and vaulted ceilings in both bedrooms. You'll love the functional kitchen design with lots of counter space, 1/2 wall in the kitchen doubles as a breakfast or serving bar and all opens up to a spacious dining room. Double sliding front door brings in an abundance of natural light. Close proximity to Shagawa and Miners' Lake give you easy access to Trezona trails and many other hiking, biking, and snowmobile trails. Raised flower/garden beds for those with a green thumb in the private back yard. So much to appreciate, come see!

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 02/23/2025

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Elevated Lot
  • Corner Lot
  • Level Lot
  • Few Trees

Property Views

  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Frame Window
  • Mud Room
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0200-02480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Sheridan St to N 10th Ave E Left (north) to E madison St go right. Home is right on corner
  • L O1 Office Phone1 Number: 218-827-2288
  • Road Maintenance: Public
  • Property Sub-Type: SF/Attached
  • Tax Year: 2024
  • View Type:Pond View: Panoramic, City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Patio Door
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1050
  • Below Grade Finished Sq Ft: 600
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1900
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor, Full Upper
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Informal Dining Room
  • Extra Rooms: Mud Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Entry
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1650
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Concrete
  • Garage Features: Electrical Service, Heat
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24x24

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Light, High, Level
  • Parcel Number: 030-0200-02480

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2025
Closed on
May 15, 2025
Sold by
Fadum Yulea and Phillips Yulea
Bought by
Saxton Amy Waugh
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$185,000
Sold Price
$181,000
Premium/Discount to List
-$4,000
-2.16%
Views
85
Current Estimated Value
$182,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,968
Avg. Annual Appreciation
1.92%

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 17, 2019
Sold by
Hoecker James E
Bought by
Fadum Yulea
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$98,188
Interest Rate
3.87%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $181,000 Northeast Title
Warranty Deed $100,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,188 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $181,000 -2.2% $110 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/23/2025 02/23/25 For Sale $185,000 +85.0% $112 / Sq Ft
07/22/2019 07/22/19 Sold $100,000 0.0% $105 / Sq Ft View Prior Sale
06/04/2019 06/04/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $100,000 -- $105 / Sq Ft
Source: Lake Superior Area 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 $1,002 $120,100 $10,600 $109,500
2023 $1,002 $113,800 $10,200 $103,600
2022 $1,164 $106,000 $9,700 $96,300
2021 $1,190 $89,100 $8,800 $80,300
2020 $580 $79,900 $8,800 $71,100
2019 $540 $68,700 $8,800 $59,900
2018 $504 $67,700 $8,800 $58,900
2017 $520 $64,800 $7,800 $57,000
2016 $542 $62,400 $7,100 $55,300
2015 $1,272 $64,900 $7,900 $57,000
2014 $1,272 $64,900 $7,900 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117899

APN: 030020002480