NOT LISTED FOR SALE

1220 E Madison St Ely, MN 55731

Estimated Value: $103,000 - $177,000

2 Beds
2 Baths
1,166 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2019

Last sale price $40,000 $34 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $769 / mo

110 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Memorial High School Rated 9+

About This Home

As of October 2019

REDUCED! Great East Ely Location! 2+ Bedroom, 1 1/4 Bath with main floor master bedroom, bath and laundry area. Generous sized kitchen featuring wood cabinets and spacious dining room; both with wood laminate flooring. Newer windows and furnace. Large yard includes a fully enclosed area with privacy fence and gate. Two stall detached garage with 8 x 22' addition for extra storage.

Last Agent to Sell the Property

Kim Borgeson

z' Up North Realty License #20553713 Listed on: 06/05/2019

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $444

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Detached Garage

Home Design

  • 1,166 Sq Ft Home
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030-0200-03070

Home Details

Home Type

Single Family

Est. Annual Taxes

$444

Year Built

Built in 1925

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes, Partial
  • Heat: Oil, Forced Air
  • Lvt Date: 06/05/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 030-0200-03070
  • Real Estate Tax: 444.
  • Style: 1 1/4 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1166
  • Bedroom 1: Size: 12 x 13.5, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Block, Full, Poured
  • Bedroom 2: Size: 11.5 x 11, On Level: Upper
  • Dining Room: Size: 13 x 9, On Level: Main
  • Kitchen: Size: 11 x 9, On Level: Main
  • Living Room: Size: 11 x 17, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: BR Tandem, Size: 10 x 12, On Level: Upper

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 22 x 24

Utilities

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

Lot Info

  • Fencing: Partial, Privacy
  • Lot Size: Dimensions: 140x50
  • Number Of Acres: 0.16
  • Zoning: R

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

Closed on
Dec 22, 2021
Sold by
Bought by
Current Estimated Value
$132,981

Purchase Details

Listed on
Jun 5, 2019
Closed on
Oct 28, 2019
Sold by
Bought by
Seller's Agent
Kim Borgeson
z' Up North Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$32,000
Interest Rate
3.7%

Purchase Details

Listed on
Jun 30, 2012
Closed on
Jul 20, 2012
Sold by
Bought by
Seller's Agent
Gary Erchul
Bear Island Land Co., Inc
Buyer's Agent
Jeff Hway
Bear Island Land Co., Inc
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$500 Northeast Title
$40,000 Northeast Title Company
$650,000 Ne Ely
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 Borrower Loan Amount
Previous Owner $32,000
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
10/29/2019 10/29/19 Sold $40,000 -20.0% $34 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $50,000 -23.1% $43 / Sq Ft
06/05/2019 06/05/19 For Sale $65,000 0.0% $56 / Sq Ft
07/13/2012 07/13/12 Sold $65,000 -13.3% $64 / Sq Ft View Prior Sale
06/30/2012 06/30/12 For Sale $75,000 -- $73 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
Source: Range Association of 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 $598 $93,300 $10,100 $83,200
2023 $536 $88,400 $9,700 $78,700
2022 $508 $79,600 $9,200 $70,400
2021 $564 $67,100 $8,400 $58,700
2020 $480 $60,400 $8,400 $52,000
2019 $435 $60,400 $8,400 $52,000
2018 $420 $59,500 $8,400 $51,100
2017 $436 $57,600 $7,400 $50,200
2016 $454 $55,600 $6,800 $48,800
2015 $427 $34,600 $4,500 $30,100
2014 $427 $34,600 $4,500 $30,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kim Borgeson

    z' Up North Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Member Non

    NON-MEMBER

  • G

    Seller's Agent in 2012

    Gary Erchul

    Bear Island Land Co., Inc

  • J

    Buyer's Agent in 2012

    Jeff Hway

    Bear Island Land Co., Inc

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 137377

Range Association of REALTORS®

APN: 030020003070

Minnesota St Louis County Ely 55731

1220 E Madison St, Ely, MN

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