Riley Lind
eXp Realty
(406) 412-4623
123 Total Sales
4 in Ely
$156K - $230K Price Range
Estimated Value: $184,000 - $203,000
4
Beds
2
Baths
1,496
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- 18,731 Sq Ft lot
- No HOA
- Dining Room
- Corner Lot
- Living Room
- Baseboard Heating
About This Home
As of October 2025Spacious 4-Bed, 2-Bath Family Home in Ely, MN – With Income Potential! Welcome to this versatile home located on the east end of Ely—perfect for growing families or those looking to offset their mortgage with rental income. This property offers two fully functional living spaces, with a kitchen and living room on both floors. Ideal for multi-generational living, a mother-in-law suite, or a long-term or short-term rental. Restored maple flooring adds warmth and charm throughout, newer tip-out windows bring in natural light and are easy to clean. Sitting on five city lots, there's ample space for kids to play, gardening, or building a future garage or workshop. Located in a residential area close to schools, parks, and downtown Ely. Live comfortably on the main floor and rent out the upper level for extra income. Great opportunity to own a home with built-in rental flexibility Could also serve as a seasonal cabin or vacation rental (VRBO, Airbnb). A great opportunity!
Last Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,983
Year Built
- Built in 1915
Lot Details
- 18,731 Sq Ft Lot
- Lot Dimensions are 125x150
- Corner Lot
Parking
- Open Parking
Home Design
- Vinyl Siding
Interior Spaces
- 1,496 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- No Cooling
- Vented Exhaust Fan
- Baseboard Heating
- Hot Water Heating System
Community Details
- No Home Owners Association
- Whiteside Park Add To Ely Subdivision
Listing and Financial Details
- Assessor Parcel Number 030038001670
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2025
Closed on
Aug 19, 2025
Sold by
Bought by
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$179,000
Sold Price
$180,500
Premium/Discount to List
$1,500
0.84%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,641
Avg. Annual Appreciation
8.83%
Original Mortgage
$135,375
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2018
Closed on
Jul 16, 2018
Sold by
Bought by
Seller's Agent
Phil Hyde
Bear Island Land Co., Inc
Buyer's Agent
Phil Hyde
Bear Island Land Co., Inc
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$107,600
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 1, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.34%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ely, MN
-
Riley Lind
-
Greg Hoffman
Greg Hoffman
Edina Realty, Inc.
(218) 748-1151
152 Total Sales
4 in Ely
$27K - $120K Price Range
-
Jerry Fink
Jerry Fink
Canoe Capital Realty, LLC
(218) 626-6559
43 Total Sales
16 in Ely
$26K - $275K Price Range
-
Brina Guyer
Brina Guyer
MN DIRECT PROPERTIES
(218) 245-4331
140 Total Sales
1 in Ely
$100,000 Price
-
Andrea Zupancich
Andrea Zupancich
Z'Up North Realty, Inc.
(218) 748-1345
409 Total Sales
119 in Ely
$18K - $675K Price Range
-
Julian Rasmusson
Julian Rasmusson
z' Up North Realty
(218) 413-2913
97 Total Sales
55 in Ely
$55K - $649K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $180,500 | Northeast Title | ||
| $134,500 | Northeast Title Company | ||
| $65,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $135,375 | ||
| Closed | $107,600 | ||
| Previous Owner | $52,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $180,500 | +0.8% | $121 / Sq Ft | |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- | |
| 07/15/2025 07/15/25 | For Sale | $179,000 | +33.6% | $120 / Sq Ft | |
| 07/16/2018 07/16/18 | Sold | $134,000 | -4.2% | $89 / Sq Ft | View Prior Sale |
| 06/20/2018 06/20/18 | Pending | -- | -- | -- | |
| 03/05/2018 03/05/18 | For Sale | $139,900 | -- | $93 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,166 | $180,700 | $21,100 | $159,600 |
| 2023 | $3,068 | $171,400 | $20,500 | $150,900 |
| 2022 | $2,630 | $163,300 | $19,400 | $143,900 |
| 2021 | $2,646 | $137,500 | $17,600 | $119,900 |
| 2020 | $2,406 | $123,900 | $17,600 | $106,300 |
| 2019 | $2,298 | $123,900 | $17,600 | $106,300 |
| 2018 | $1,772 | $121,100 | $17,600 | $103,500 |
| 2017 | $1,804 | $93,100 | $18,900 | $74,200 |
| 2016 | $1,856 | $89,200 | $17,200 | $72,000 |
| 2015 | $1,804 | $93,400 | $19,200 | $74,200 |
| 2014 | $1,804 | $93,400 | $19,200 | $74,200 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
Seller's Agent in 2025
Barbara Hegg
Vermilion Land Office, Inc.
(218) 742-2369
181 Total Sales
-
N
Buyer's Agent in 2025
NON-RMLS NON-RMLS
Non-MLS
-
P
Seller's Agent in 2018
Phil Hyde
Bear Island Land Co., Inc
Map
Source: NorthstarMLS
MLS Number: 6755734
APN: 030038001670
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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