NOT LISTED FOR SALE

1024 S 3rd Ave E Ely, MN 55731

Estimated Value: $197,000 - $261,000

4 Beds
2 Baths
1,878 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 16, 2020

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

Est. 1% increase in value since last sale

Current estimated payment $1,242/month

26 Days on Market

Highlights

  • 0.36 Acre Lot
  • Recreation Room
  • Workshop
  • Memorial High School Rated 9+
  • Ranch Style House
  • 2 Car Attached Garage

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 $216,698, approximately $115 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 Agent to Sell the Property

Chad Davis

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

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

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
  • 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
  • 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

  • Junior High Dist: Ely #696

Lot Info

  • 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
Current Estimated Value
$216,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,698
Avg. Annual Appreciation
0.16%
Original Mortgage
$139,750
Outstanding Balance
$124,074
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$92,624

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
Source: Public Records

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 Laurence $142,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2024 $1,290 $128,700 $12,200 $116,500
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

  • C

    Seller's Agent in 2020

    Chad Davis

    Canoe Capital Realty, LLC

    (218) 235-3962

    13 in this area

    25 Total Sales

    Chad Davis
    Section Image
  • Jeff Hway

    Buyer's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    38 in this area

    168 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093130

APN: 030001500060

Minnesota St Louis County Ely 55731

1024 S 3rd Ave E, Ely, MN

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