NOT LISTED FOR SALE

1230 E Madison St Ely, MN 55731

Estimated Value: $178,000 - $195,000

4 Beds
1.5 Baths
1,283 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $108,000 $84 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,110/month

241 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Memorial High School Rated 9+
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2013

This lovely 4 bedroom, 2 bath home is more spacious than it looks from the outside! The eat-in kitchen has custom wood cabinets with large pantry storage and large windows overlooking the side yard and bird feeders. Spacious living room, full bath, and 4 bedrooms all on the main floor. Front and back enclosed porches. The basement features a laundry area, shower and stool, storage room, cold storage room, and open area for your sewing or recreation area. Oversized lot, great yard with perennial flowers. 2 car detached garage. Great neighborhood!

Last Agent to Sell the Property

Janet Erchul

Bear Island Land Co., Inc Listed on: 07/15/2012

Last Buyer's Agent

Doug Furnstahl

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 75 x 125

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 030-0200-03040

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.14
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 030-0200-03040
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 4
  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x15, On Level: Main
  • Room 2: Dining Room, 9x7, On Level: Main
  • Room 3: Kitchen, 9x8.5, On Level: Main
  • Room 5: Master Bedroom, 14x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 10x14, On Level: Main
  • Room 8: Bedroom, 16.5x9, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1283
  • Below Grade Finished Sq Ft: 891
  • Total Fin Square Footage: 1283
  • Total Square Footage: 1283

Exterior Features

  • Frontage Road: Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75 x 125
  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2012
Closed on
May 3, 2013
Sold by
Erdman Lowell B and Erdman Caroll G
Bought by
Kainz Jonathan S and Kainz Jessica L
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Doug Furnstahl
Bear Island Land Co., Inc
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%
Current Estimated Value
$186,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,986
Avg. Annual Appreciation
4.44%
Original Mortgage
$106,043
Outstanding Balance
$74,101
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$112,885

Purchase Details

Closed on
Jun 15, 2001
Sold by
Passi Dennis R and Passi Elaine H
Bought by
Erdman Lowell B and Erdman Caroll G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,975
Interest Rate
7.27%
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
Kainz Jonathan S $108,000 Ne Ely
Erdman Lowell B $82,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kainz Jonathan S $106,043
Previous Owner Erdman Lowell B $84,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2013 05/07/13 Sold $108,000 -9.9% $84 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
07/15/2012 07/15/12 For Sale $119,900 -- $93 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,566 $151,600 $14,800 $136,800
2023 $1,566 $143,700 $14,300 $129,400
2022 $1,280 $127,300 $13,500 $113,800
2021 $1,224 $107,100 $12,300 $94,800
2020 $1,080 $96,300 $12,300 $84,000
2019 $1,018 $96,300 $12,300 $84,000
2018 $782 $95,000 $12,300 $82,700
2017 $778 $83,300 $11,100 $72,200
2016 $878 $80,200 $10,100 $70,100
2015 $796 $53,800 $7,300 $46,500
2014 $796 $53,800 $7,300 $46,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Janet Erchul

    Bear Island Land Co., Inc

  • D

    Buyer's Agent in 2013

    Doug Furnstahl

    Bear Island Land Co., Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4243365

REALTOR® Association of Southern Minnesota

APN: 030020003040

Minnesota St Louis County Ely 55731

1230 E Madison St, Ely, MN

Not Listed for Sale

Detached

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