Seller's Agent in 2025
Lori Schulze
Keller Williams Classic Realty NW - Ely
(218) 343-1787
50 in this area
125 Total Sales
4
Beds
2.5
Baths
2,367
Sq Ft
0.94
Acres
Highlights
- 0.94 Acre Lot
- Contemporary Architecture
- Main Floor Primary Bedroom
- Memorial High School Rated 9+
- Vaulted Ceiling
- Bonus Room
About This Home
As of July 2025Welcome to this 4-bedroom, 3-bathroom home nestled on an oversized wooded lot (just under an acre) in the scenic town of Ely, MN. Built in 1993, this spacious 2,367 sq ft home offers a comfortable and functional layout ideal for families, or anyone seeking mostly one-level in-town living in a private setting. The main floor features a bright and sunny kitchen, living room with vaulted ceiling and a cozy wood-burning fireplace, a primary bedroom, a second bedroom, a 3/4 bathroom, a convenient half bath, a laundry room, and a large flex room just off the garage—perfect for a home office, workout area, or playroom/craft room. Upstairs, you’ll find two additional bedrooms and a full bathroom, offering great separation of space for guests or family. Additional highlights include central air conditioning, city water and sewer, and an attached 2-car garage with a heated workshop—ideal for hobbies or storage. While the home has been well cared for, it does need some plumbing and drywall repairs, offering a great opportunity for buyers looking to customize or invest in a home with solid potential. This property provides privacy while still being close to downtown Ely, schools, and outdoor recreation. Don’t miss your chance to make this versatile and inviting home your own.
Last Agent to Sell the Property
Keller Williams Classic Realty NW - Ely Listed on: 05/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,741
Year Built
- Built in 1993
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 328 x 125
Home Design
- Contemporary Architecture
- Concrete Foundation
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 2,367 Sq Ft Home
- Multi-Level Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Wood Frame Window
- Living Room
- Combination Kitchen and Dining Room
- Den
- Bonus Room
- Crawl Space
- Eat-In Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Laundry on main level
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 030-0065-00340, 00350, 00360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Jul 25, 2025
Sold by
Crockett Anna Fave
Bought by
Martin-Rahier Michael James
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Joseph Tome
Grand Properties
List Price
$280,000
Sold Price
$272,000
Premium/Discount to List
-$8,000
-2.86%
Views
35
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
$62
Avg. Annual Appreciation
0.06%
Original Mortgage
$258,400
Outstanding Balance
$257,956
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$14,106
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $272,000 | Northeast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $272,000 | -2.9% | $115 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $280,000 | -- | $118 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $4,656 | $323,500 | $28,900 | $294,600 |
| 2023 | $4,656 | $309,700 | $28,100 | $281,600 |
| 2022 | $1,956 | $283,400 | $26,900 | $256,500 |
| 2021 | $4,014 | $237,700 | $24,400 | $213,300 |
| 2020 | $3,628 | $220,500 | $24,400 | $196,100 |
| 2019 | $3,542 | $220,500 | $24,400 | $196,100 |
| 2018 | $3,490 | $220,500 | $24,400 | $196,100 |
| 2017 | $3,250 | $218,800 | $23,500 | $195,300 |
| 2016 | $3,416 | $196,400 | $21,300 | $175,100 |
| 2015 | $3,238 | $185,600 | $21,600 | $164,000 |
| 2014 | $3,238 | $185,600 | $21,600 | $164,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Schulze
-
Heather Franciskovich
H
Seller Co-Listing Agent in 2025
Heather Franciskovich
Keller Williams Classic Realty NW - Ely
(218) 235-3895
3 in this area
11 Total Sales
-
Joseph Tome
Buyer's Agent in 2025
Joseph Tome
Grand Properties
(218) 228-3064
7 in this area
137 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6119601
APN: 030006500360
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