NOT LISTED FOR SALE

1024 S 3rd Ave E Ely, MN 55731

Estimated Value: $167,000 - $217,000

4 Beds
2 Baths
1,878 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $215,000 $114 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,188/month

26 Days on Market

Highlights

  • Recreation Room
  • Workshop
  • Living Room
  • Ranch Style House
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of November 2020

This home is located at 1024 S 3rd Ave E, Ely, MN 55731 since 17 September 2020 and is currently estimated at $194,777, approximately $103 per square foot. This property was built in 1957. 1024 S 3rd Ave E is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Last Listed By

Chad Davis

Canoe Capital Realty, LLC Listed on: 09/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1957

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 130

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Shingle

Interior Spaces

  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Utilities

  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 030-0015-00050, 00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Head south on Central Ave/HWY21 towards Babbitt. Turn Left on Beacon Hill Rd. Cont straight (house at end of Beacon Hill Rd) untill T in road which is S 3rd Ave E. Turn left first drive on the right.
  • L O1 Office Phone1 Number: 218-365-8689
  • List Price/ Sq Ft: 114.48
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1504
  • Below Grade Finished Sq Ft: 374
  • Garage Type: Attached
  • Heat: Boiler
  • MainFloorBath: Yes
  • Room 10: Rec Room
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1957
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1504
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Workshop
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1878
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 18 x 24

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-09-17
  • Estimated Lot Dimensions: 120 x 130
  • Estimated Number of Acres: 0.36
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0015-00050, 00060

Tax Info

  • Tax Amount: 1781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 16, 2020
Sold by
Lahti Geraldine K and Lahti Frank H
Bought by
Ricker Laurence H and Ricker Patricia C
Seller's Agent
Chad Davis
Canoe Capital Realty, LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$215,000
Sold Price
$215,000
Total Days on Market
26
Current Estimated Value
$194,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,223
Avg. Annual Appreciation
-2.51%
Original Mortgage
$139,750
Outstanding Balance
$126,606
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,285

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 3, 2020
Sold by
Adamic Gerald J
Bought by
Adamic Doris K and Lahti Geraldine K
Seller's Agent
Chad Davis
Canoe Capital Realty, LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,750
Outstanding Balance
$126,606
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,285

Purchase Details

Closed on
Nov 28, 2003
Sold by
Lahti Geraldine K and Lahti Frank H
Bought by
Lahti Geraldine K and Adamic Joel G

Range of Values:

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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
Ricker Laurence H $215,000 Northwest Title Company
Lahti Geraldine K -- --
Ricker Laurence Laurence $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricker Laurence H $139,750
Closed Ricker Laurence H $139,750
Closed Ricker Laurence Laurence $142,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $215,000 0.0% $114 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $215,000 -- $114 / 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
2023 $1,290 $123,200 $11,900 $111,300
2022 $2,640 $219,600 $11,300 $208,300
2021 $1,932 $138,000 $10,300 $127,700
2020 $1,682 $127,500 $10,300 $117,200
2019 $1,648 $127,500 $10,300 $117,200
2018 $1,566 $127,500 $10,300 $117,200
2017 $1,410 $122,200 $8,900 $113,300
2016 $1,528 $109,600 $8,100 $101,500
2015 $1,416 $87,300 $6,900 $80,400
2014 $1,416 $87,300 $6,900 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093130

APN: 030001500060