NOT LISTED FOR SALE

1120 E Main St Ely, MN 55731

Estimated Value: $86,000 - $127,000

1 Bed
1 Bath
440 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $37,000 $84 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $576/month

Highlights

  • 2 Car Detached Garage
  • Memorial High School Rated 9+
  • 1-Story Property

About This Home

As of November 2016

Cozy bungalow nestled in a quiet neighborhood in Ely. Walking distance to the new Ely Rec Center & Outdoor ice rink. Deep lot with a nice deck and a massive maple tree (perfect for making your own maple syrup). 1 BR home features a walk out basement. Finish that off to your own likings! Large full bathroom, efficient kitchen. Nice low price makes it affordable to own your piece of Ely.

Last Agent to Sell the Property

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 08/25/2016

Last Buyer's Agent

Mark Larson

Wildwoods Land Company License #40037736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $477

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030-0200-00890

Home Details

Home Type

Single Family

Est. Annual Taxes

$477

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 1
  • Parcel Code Number: 030-0200-00890
  • Real Estate Tax: 477.23
  • Style: One Story
  • Type: Residential
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 440
  • Bedroom 1: Size: 9.3x8.3, On Level: Main
  • Total Bathrooms: 1
  • Basement: Full, Walkout
  • Kitchen: Size: 10.3x9.2, On Level: Main
  • Living Room: Size: 11.8x10.4, On Level: Main
  • Main Level Bedrooms: 1

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 22x28

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 200x50
  • Number Of Acres: 0.23
  • Zoning: r

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 7, 2016
Sold by
Griffith Heather and Griffith Mark
Bought by
Franks Dale M
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Mark Larson
Wildwoods Land Company
Sold Price
$37,000
Current Estimated Value
$102,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,596
Avg. Annual Appreciation
12.03%
Original Mortgage
$37,000
Outstanding Balance
$29,625
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$72,971

Purchase Details

Closed on
Feb 18, 2004
Sold by
Derr Geneva G and Derr Geneva Gordon
Bought by
Flikke Heather Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Derr Geneva Gordon
Bought by
Flikke Heather Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Franks Dale M $37,000 Northeast Title Company
Flikke Heather Ann $35,000 Ne Title
Flikke Heather Ann $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Dale M $37,000
Previous Owner Flikke Heather Ann $34,000
Previous Owner Flikke Heather Ann $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $37,000 -- $84 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
Source: Range Association of 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 $462 $86,200 $23,600 $62,600
2023 $462 $74,000 $22,000 $52,000
2022 $834 $47,700 $9,200 $38,500
2021 $846 $40,400 $8,400 $32,000
2020 $764 $36,800 $8,400 $28,400
2019 $730 $36,800 $8,400 $28,400
2018 $718 $36,300 $8,400 $27,900
2017 $206 $35,800 $7,400 $28,400
2016 $638 $34,300 $6,800 $27,500
2015 $204 $21,500 $4,500 $17,000
2014 $204 $21,500 $4,500 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Andrea Zupancich

    Seller's Agent in 2016

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    69 in this area

    447 Total Sales

    Andrea Zupancich
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Larson

    Wildwoods Land Company

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 122714

Range Association of REALTORS®

APN: 030020000890

Minnesota St Louis County Ely 55731

1120 E Main St, Ely, MN

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