NOT LISTED FOR SALE

1111 N Highway 21 Ely, MN 55731

Estimated Value: $330,333 - $380,000

3 Beds
2 Baths
1,862 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 1111 N Highway 21, Ely, MN 55731 and is currently estimated at $352,083, approximately $189 per square foot. 1111 N Highway 21 is a home located in Lake County with nearby schools including Washington Elementary School and Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Brant Circle Real Estate Inc
Bought by
Smith Dennis and Smith Karen
Current Estimated Value
$352,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,857
Outstanding Balance
$336,358
Interest Rate
6.46%
Mortgage Type
VA
Estimated Equity
$15,725

Purchase Details

Closed on
Apr 13, 2023
Sold by
Shere Eric and Shere Crystal
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 9, 2019
Sold by
Mcentyre Laura and Mcentyre Edward
Bought by
Shere Eric and Shere Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,638
Interest Rate
4.12%
Mortgage Type
FHA
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Smith Dennis $330,030 Northeast Title
Us Bank National Association $126,000 --
Shere Eric $166,658 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dennis $339,857
Previous Owner Shere Eric $163,638
Source: Public Records

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 $2,372 $242,000 $60,600 $181,400
2023 $2,372 $226,800 $55,200 $171,600
2022 $2,204 $199,500 $50,300 $149,200
2021 $2,126 $172,800 $42,900 $129,900
2020 $1,932 $165,300 $42,900 $122,400
2019 $1,224 $165,300 $42,900 $122,400
2018 $1,252 $155,400 $46,600 $108,800
2017 $1,122 $155,400 $46,600 $108,800
2016 $1,096 $143,200 $44,800 $98,400
2015 $1,101 $118,800 $37,200 $81,600
2014 $1,101 $118,800 $37,200 $81,600
Source: Public Records

Map

Minnesota Lake County Ely 55731

1111 N Highway 21, Ely, MN

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