NOT LISTED FOR SALE

1011 E Madison St Ely, MN 55731

Estimated Value: $242,000 - $281,933

3 Beds
1 Bath
1,040 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $248,500 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,798/month

72 Days on Market

Highlights

  • Spa
  • Heated Floors
  • Vaulted Ceiling
  • Sauna
  • Deck
  • Ranch Style House

About This Home

As of April 2023

Fabulous Ely home with one level living. This 3 bedroom, 1 bath home has an open lay out with a convenient flow between rooms. There is a warm, comforting feeling that is enhanced by the gas fireplace and the in-floor heat throughout the home. Natural wood work, tile/wood floors and air conditioning are other interior features. The patio door leads you outside to a covered deck and fully fenced in yard for summer entertainment. The large 2 car garage is insulated and includes a wood fired sauna. This home currently has a short term rental license from the city of Ely and the MN department of health.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 01/18/2023

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company Listed on: 01/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1999

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Vinyl Siding
  • Composition Shingle

Interior Spaces

  • 1,040 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Utility Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck

Additional Features

  • Wheelchair Access
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0200-02190

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Madison street in Ely.
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 238.94
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Sauna, Tiled Floors, Vaulted Ceilings, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Fenced Yard - Full
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1040
  • Garage Type: Detached
  • Heat: Fireplace, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1999
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Spa/Sauna
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Utility Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1040
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl, Composition
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Features: Electrical Service, Insulation
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 28 x 32

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-01-18
  • Estimated Lot Dimensions: 50 x 140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 030-0200-02190

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 28, 2023
Sold by
Atwood Deborah J
Bought by
Seliskar Mary K
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$248,500
Sold Price
$248,500
Current Estimated Value
$264,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,733
Avg. Annual Appreciation
2.72%

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 22, 2017
Sold by
Pajari Michael W and Karen L Pajari Revocable Trust
Bought by
Atwood Deborah J
Seller's Agent
Jerry Fink
Canoe Capital Realty LLC
Buyer's Agent
Renee Capra
Non-Member Comps only
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Niskala Gary and Niskala Doreen
Bought by
Pajari Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Niskala Russell R
Bought by
Niskala Gary and Niskala Gerald

Purchase Details

Closed on
Apr 17, 2001
Sold by
Myers Paul M and Myers Diane M
Bought by
Niskala Russell R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Seliskar Mary K $248,500 Northeast Title Company
Atwood Deborah J $110,000 None Available
Pajari Karen L $139,000 Canoe Country
Niskala Gary -- --
Niskala Russell R $72,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pajari Karen L $78,000
Previous Owner Pajari Karen L $113,000
Previous Owner Pajari Karen L $111,200
Previous Owner Niskala Russell R $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $248,500 0.0% $239 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $248,500 +125.9% $239 / Sq Ft
08/29/2017 08/29/17 Sold $110,000 -- $106 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
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
2023 $4,310 $196,400 $9,700 $186,700
2022 $2,726 $138,100 $9,200 $128,900
2021 $2,224 $115,800 $8,400 $107,400
2020 $1,228 $103,500 $8,400 $95,100
2019 $1,160 $103,500 $8,400 $95,100
2018 $896 $102,100 $8,400 $93,700
2017 $906 $89,100 $7,400 $81,700
2016 $1,008 $86,300 $6,800 $79,500
2015 $911 $60,000 $5,000 $55,000
2014 $911 $60,000 $5,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106697

APN: 030020002190