$275,000
SOLD AUG 3, 2026

118 E James St Ely, MN 55731

Ely Area
3 Beds
1 Bath
1,882 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: August 3, 2026

$146 Per Sq Ft

8% Below List Price

63 Days on Market

Highlights

  • Public Water Access
  • Sun or Florida Room
  • Attached Garage
  • Loft
  • Den
  • Living Room

About This Home

As of August 2026

This charming Colonial/Tudor home is now on the market, ready for its next owner. It offers 3 bedrooms, 1 bath, beautiful hardwood floors, and a pine-paneled den with built-in cabinets, all set on a 75 x 125-foot lot. The large, window-filled living area is accented by a vintage brick, wood-burning fireplace, while the formal dining room, easily reached from the kitchen, is perfect for family dinners or holiday gatherings. The kitchen opens into a 9 x 6 sunroom overlooking a landscaped backyard with private southern exposure. Upstairs, oversized bedrooms and a full bath highlight the home’s classic 1930s design. There’s also a spacious 12 x 29 area with a 6 x 12 wing, an attic area that could be finished for extra space. The yard features a rock retaining wall, a wishing well with a water feature, and an outdoor rock fireplace, with stones collected from across the country. A Finnish type of dry sauna offers a great place to relax from a busy day! A deep, single-stall attached garage and extended driveway, offers a great off-street parking, and newly fenced yard add privacy and leisure, complemented by perennials, lilacs, and hostas. Located in a quiet Ely neighborhood, this home is full of original character and close to all Ely has to offer!

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Brokerage Phone: License #MN 20587769 Listed on: 04/19/2026

Last Buyer's Agent

Heather Franciskovich

Keller Williams Classic Realty NW - Ely

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1939

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Parking

  • Attached Garage

Home Design

  • Poured Concrete

Interior Spaces

  • 1,882 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Public Water Access

Listing and Financial Details

  • Assessor Parcel Number 030-0070-00120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,826

Year Built

Built in 1939

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Directions: 118 East James Street Ely, Mn 55731
  • Tax Year: 2026
  • Year Built: 1939
  • Property Sub Type: Single Family Attached
  • Property Type: Residential
  • LotSizeAcres: 0.2
  • Lot Size: 75 x 125
  • Co List Office Mls Id: LSA30218
  • Above Grade Finished Sq Ft: 1882
  • Living Area: 1882
  • RoomType: Living Room
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • RoomType: Dining Room
  • RoomType: Kitchen
  • RoomType: Sun Room
  • RoomType: Den/Office
  • RoomType: Primary Bedroom
  • RoomType: Bedroom
  • RoomType: Bedroom
  • RoomType: Bathroom
  • RoomType: Loft
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LSA_MainFloorBedroom: 0

Exterior Features

  • Disclosures: Disc./Condition Report, LBP Disclosure
  • Construction Type: Composition
  • Foundation Details: Poured Concrete

Garage/Parking

  • LSA_GarageType: Attached

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 030-0070-00120
  • Land Lease Expiration Date: 2026-10-18

Tax Info

  • Tax Annual Amount: 2826

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
May 3, 2022
Closed on
Jun 17, 2022
Sold by
Bought by
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$229,500
Sold Price
$229,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$218,025
Outstanding Balance
$204,700
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$88,402
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ely, MN

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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 Type Sale Price Title Company
Warranty Deed $229,500 Northeast Title Company
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 Loan Amount Loan Type
Open $218,025 New Conventional
Previous Owner $180,000 Reverse Mortgage Home Equity Conversion Mortgage
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
08/03/2026 08/03/26 Sold $275,000 -8.0% $146 / Sq Ft
06/21/2026 06/21/26 Pending -- -- --
05/21/2026 05/21/26 For Sale $299,000 0.0% $159 / Sq Ft
05/12/2026 05/12/26 Pending -- -- --
04/19/2026 04/19/26 For Sale $299,000 +30.3% $159 / Sq Ft
06/21/2022 06/21/22 Sold $229,500 0.0% $122 / Sq Ft View Prior Sale
05/05/2022 05/05/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $229,500 -- $122 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,826 $213,500 $13,500 $200,000
2023 $2,674 $202,000 $13,000 $189,000
2022 $1,666 $150,400 $12,400 $138,000
2021 $1,604 $126,300 $11,300 $115,000
2020 $1,428 $113,300 $11,300 $102,000
2019 $1,350 $113,300 $11,300 $102,000
2018 $1,172 $111,600 $11,300 $100,300
2017 $1,182 $103,000 $11,100 $91,900
2016 $1,296 $99,300 $10,100 $89,200
2015 $1,193 $75,200 $8,200 $67,000
2014 $1,193 $75,200 $8,200 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6124606

APN: 030007000120

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