Estimated Value: $76,000 - $156,000
4
Beds
1
Bath
1,716
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating System
- Walk-In Pantry
- Entrance Foyer
About This Home
As of October 2023Looking for a Challenge and an Opportunity? Here's your chance. 4-bedroom home with loads of potential, on a HUGE 1/3-acre corner lot in ELY! Flip it, rent it, live in it, your choice. 1344 sq ft of space inside with a main floor bedroom, large living room, spacious front entry, main floor laundry hookups and eat in kitchen. Upstairs you have 3 more large bedrooms with large deep closets and a full bath. Original hardwood floors, tongue and groove knotty pine in the front and back entry's and all on 5 Ely city lots! The sewer line is compliant, dry basement, good bones, and ready for you to let your imagination to run wild!
Home Details
Home Type
- Single Family
Year Built
- Built in 1938
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 125 x 125
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Living Room
- Basement Fills Entire Space Under The House
- Walk-In Pantry
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
Community Details
- No Home Owners Association
- Whites 2Nd Add To Ely Subdivision
Listing and Financial Details
- Assessor Parcel Number 030035200700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2023
Closed on
Oct 12, 2023
Sold by
Loe Michael T
Bought by
Ripp Kenneth and Ripp Carolyn
Seller's Agent
Andrea Zupancich
Z'Up North Realty, Inc.
Buyer's Agent
Andrea Zupancich
Z'Up North Realty, Inc.
List Price
$85,000
Sold Price
$52,000
Premium/Discount to List
-$33,000
-38.82%
Total Days on Market
35
Views
142
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
$65,896
Avg. Annual Appreciation
69.00%
Purchase Details
Closed on
Oct 19, 2016
Sold by
Loe Michael T
Bought by
North Janna Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Jun 2, 2016
Sold by
Jandrey Mark George and Ferderber Rose
Bought by
Loe Michael T
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
Similar Homes in Ely, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ripp Kenneth | $52,000 | Northeast Title Company | |
| North Janna Marie | $55,000 | None Available | |
| Loe Michael T | $33,500 | Northeast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | North Janna Marie | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $52,000 | -20.0% | $30 / Sq Ft |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | Price Changed | $65,000 | -13.3% | $38 / Sq Ft |
| 09/05/2023 09/05/23 | Price Changed | $75,000 | -11.8% | $44 / Sq Ft |
| 08/28/2023 08/28/23 | For Sale | $85,000 | -- | $50 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $1,570 | $85,300 | $18,300 | $67,000 |
| 2022 | $1,426 | $93,600 | $17,300 | $76,300 |
| 2021 | $1,574 | $79,400 | $15,800 | $63,600 |
| 2020 | $1,430 | $72,100 | $15,800 | $56,300 |
| 2019 | $1,378 | $72,100 | $15,800 | $56,300 |
| 2018 | $1,352 | $71,300 | $15,800 | $55,500 |
| 2017 | $578 | $70,200 | $17,100 | $53,100 |
| 2016 | $602 | $67,000 | $15,500 | $51,500 |
| 2015 | $577 | $42,200 | $10,400 | $31,800 |
| 2014 | $577 | $42,200 | $10,400 | $31,800 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Zupancich
Seller's Agent in 2023
Andrea Zupancich
Z'Up North Realty, Inc.
(218) 749-0159
466 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6425000
APN: 030035200700
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