NOT LISTED FOR SALE

1220 E Main St Ely, MN 55731

Estimated Value: $129,000 - $143,000

2 Beds
1 Bath
980 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $75,000 $77 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $777/month

71 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Fenced Yard
  • Memorial High School Rated 9+
  • Den
  • Wood Frame Window

About This Home

As of October 2016

This nicely updated 2+ bedroom home has kept the flavor of the era it was built in. The main floor features a well-designed kitchen with a center island, wood cabinets and tile floor. Spacious living-dining area with refinished wood floors, open stairway to the upstairs bedroom. Full bath. There are two bedrooms and a large open area that can be office space, sewing area, or extra closet space. Enclosed, spacious back porch. Full basement. The fenced yard has mature trees, raised bed gardens, perennial flower beds and lawn. Detached one car garage. The location is superb with Pillow Rock and beautiful woods across the street. Quiet neighborhood. Perfect first home or your home away from home.

Last Agent to Sell the Property

Janet Erchul

Ely Realty Listed on: 06/10/2016

Last Buyer's Agent

Don Stocks

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 980 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Fireplace
  • Wood Frame Window
  • Combination Dining and Living Room
  • Den
  • City Lights Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 030-0200-01210

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Ely, take Sheridan Street to 12th Ave. E. Follow to Main Street. Turn right and the property is the 2nd house from the corner.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: See Remarks
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Tiled Floors, Drywalls
  • Amenities Exterior: Fenced Yard - Full, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 980
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1890
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Enclosed Porch
  • Fireplace: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Den/Office
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 980
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Slate
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 1

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 75 x 125
  • Estimated Number of Acres: 0.21
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Light, Level
  • Parcel Number: 030-0200-01210

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Oct 5, 2016
Sold by
Koivisto Ryan Ryan
Bought by
Stocks Jordyn Jordyn
Seller's Agent
Janet Erchul
Ely Realty
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$136,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,470
Avg. Annual Appreciation
6.82%
Original Mortgage
$75,000
Outstanding Balance
$59,888
Interest Rate
3.42%
Estimated Equity
$76,582
Source: Public Records

Range of Values:

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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
Stocks Jordyn Jordyn $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stocks Jordyn Jordyn $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2016 10/05/16 Sold $75,000 0.0% $77 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $75,000 -- $77 / Sq Ft
Source: Lake Superior Area 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 $734 $104,800 $10,100 $94,700
2023 $734 $99,200 $9,700 $89,500
2022 $722 $93,900 $9,200 $84,700
2021 $674 $79,000 $8,400 $70,600
2020 $580 $70,900 $8,400 $62,500
2019 $542 $70,900 $8,400 $62,500
2018 $412 $70,000 $8,400 $61,600
2017 $430 $59,200 $7,400 $51,800
2016 $448 $57,100 $6,800 $50,300
2015 $422 $34,100 $4,300 $29,800
2014 $422 $34,100 $4,300 $29,800
Source: Public Records

Agents Affiliated with this Home

  • Janet Erchul

    Seller's Agent in 2016

    Janet Erchul

    Ely Realty

    (218) 365-2100

    29 in this area

    65 Total Sales

    Janet Erchul
    Section Image
  • Don Stocks

    Buyer's Agent in 2016

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    24 in this area

    107 Total Sales

    Don Stocks
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6023152

APN: 030020001210

Minnesota St Louis County Ely 55731

1220 E Main St, Ely, MN

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