NOT LISTED FOR SALE

1230 E Madison St Ely, MN 55731

Estimated Value: $182,000 - $246,000

4 Beds
1.5 Baths
1,283 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2013

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

Est. 91% increase in value since last sale

Current estimated payment $1,239 / mo

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

6,098 Sq Ft Lot

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
$205,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,789
Avg. Annual Appreciation
5.08%
Original Mortgage
$106,043
Outstanding Balance
$74,101
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$131,688

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

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
Kainz Jonathan S $108,000 Ne Ely
Erdman Lowell B $82,500 Ati 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 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

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 $1,676 $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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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