NOT LISTED FOR SALE

1159 E Madison St Ely, MN 55731

Estimated Value: $222,000 - $257,802

4 Beds
2 Baths
1,682 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $222,000 $132 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,427/month

2 Days on Market

Highlights

  • 0.32 Acre Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Memorial High School Rated 9+
  • 6 Car Detached Garage

About This Home

As of July 2023

This beautiful 4+ bedroom/2 Bath home nestled in a peaceful neighborhood in Ely, MN offers plenty of amenities to make you feel right at home. This traditional-styled property features the classic Ely Porch, just insert a porch swing and quite neighborhood sounds & views. On top of that, this house is being offered for the first time, having been lovingly well card for over the years. The main floor includes a 14x11 kitchen, semi-formal dining room, and bath with a large walk-in shower and laundry hookups. Plus, one bedroom. Upstairs are 3 bedrooms plus an in-tandem bedroom making it a total of four. The full bath here boasts a claw foot tub in excellent condition. Newer windows, roof with architectural shingles, and siding are additional features that make this house a real gem. Outside the home, you'll find even more! With 4 city lots and a large 30x36 and 20x24 garage, both with full electric and cement slabs, there's plenty of outdoor space to enjoy - or use for whatever purpose yo

Last Agent to Sell the Property

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 05/24/2023

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1900

Lot Details

  • 0.32

Parking

  • 6 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Additional Features

  • Covered Patio or Porch
  • 0.32 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 030020001970

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Forced Air, Gas - Propane
  • Lvt Date: 05/24/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 030020001970
  • Patioporch: Porch, Covered
  • Real Estate Tax: 1999.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1682
  • Bedroom 1: Size: 11 x 11, On Level: Main
  • Total Bathrooms: 2
  • Basement: Poured, Rock
  • Bedroom 2: Size: 11 x 14, On Level: Upper
  • Bedroom 3: Size: 16x14.1, On Level: Upper
  • Dining Room: Size: 12.7x11.3, On Level: Main
  • Kitchen: Size: 15 x 11, On Level: Main
  • Living Room: Size: 11.7X15.6, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Laundry, Size: 7.10x7.5, On Level: Main
  • Other Room 3: Storage, Size: 21x11, On Level: Lower

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 6
  • Garage Size: 20x24

Utilities

  • Cooling: Central
  • Utilities: City Water, City Sewer

Lot Info

  • Lot Size: Dimensions: 100x140
  • Number Of Acres: 0.32
  • Zoning: Resid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 5, 2023
Sold by
Tekavec John Robert and Tekavec Teresa Jo
Bought by
Ostlund Alyssa and May Paige
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$223,000
Sold Price
$222,000
Premium/Discount to List
-$1,000
-0.45%
Views
16
Current Estimated Value
$242,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,228
Avg. Annual Appreciation
4.22%
Original Mortgage
$215,340
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2023
Sold by
Jordan Clarence and Jordan Julie Charlene
Bought by
Jordan Denise Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ostlund Alyssa $244,000 Northeast Title Company
Jordan Denise Marie $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ostlund Alyssa $215,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $222,000 -0.4% $132 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $223,000 -- $133 / Sq Ft
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 $1,846 $167,200 $17,700 $149,500
2023 $1,846 $158,500 $17,100 $141,400
2022 $1,710 $152,600 $16,200 $136,400
2021 $1,658 $128,500 $14,800 $113,700
2020 $1,478 $115,700 $14,800 $100,900
2019 $1,396 $115,700 $14,800 $100,900
2018 $1,078 $113,900 $14,800 $99,100
2017 $1,082 $98,200 $15,200 $83,000
2016 $1,188 $94,500 $13,800 $80,700
2015 $1,097 $70,000 $11,000 $59,000
2014 $1,097 $70,000 $11,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145055

Range Association of REALTORS®

APN: 030020001970