NOT LISTED FOR SALE

1244 E Madison St Ely, MN 55731

Estimated Value: $95,000 - $124,000

1 Bed
1 Bath
976 Sq Ft
$108/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $80,000 $82 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $592/month

2 Days on Market

Highlights

  • 1-Story Property
  • Memorial High School Rated 9+
  • Central Air

About This Home

As of March 2023

Updated 1 bedroom, 1 bathroom home in Ely. This little house has had some really nice updates over the last few years. Roof, windows, central air to name a few. It has a great back yard that is fully fenced in, and also has mature fruit trees. Off the back has great potential for a mudroom or a nice little sitting porch. The bedroom features a 4x7 walk in closet. There is a room in the basement that is finished that with an egress window could be a second bedroom. This home also features a one stall 14x22 garage.

Last Agent to Sell the Property

Jodi Nyman

z' Up North Realty License #40764018 Listed on: 02/15/2023

Last Buyer's Agent

Paige Chadwick

My Place Realty Inc License #40757048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1934

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Block Basement Construction
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030-0200-03010

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas - Propane
  • Lvt Date: 02/15/2023
  • Number Of Bedrooms: 1
  • Parcel Code Number: 030-0200-03010
  • Percent Of Bsmnt Finished: 15
  • Real Estate Tax: 552.00
  • Style: One Story
  • Type: Residential
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 976
  • Bedroom 1: Size: 11.5x9.9, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block
  • Dining Room: Size: 5.5x11.5, On Level: Main
  • Kitchen: Size: 11.11x9.6, On Level: Main
  • Living Room: Size: 10.5x19, On Level: Main

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 1 Stall
  • Garage Capacity: 1
  • Garage Size: 14x22

Utilities

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

Lot Info

  • Fencing: Wood Privacy
  • Lot Size: Dimensions: 140x62
  • Number Of Acres: 0.2
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 23, 2023
Sold by
Jandrey Cheryl A
Bought by
Nelson Kristian and Schneider Kayla
Seller's Agent
Jodi Nyman
z' Up North Realty
Buyer's Agent
Paige Chadwick
My Place Realty Inc
List Price
$80,000
Sold Price
$80,000
Views
19
Current Estimated Value
$105,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,695
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Christian Thomas and Dunleavy Lisa A
Bought by
Jandrey Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2015
Closed on
May 7, 2015
Sold by
Anderson Kevin Kevin
Bought by
Christian Thomas Thomas
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Don Stocks
Wildwoods Land Company
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Household Industrial Finance Co
Bought by
Anderson Kevin C

Purchase Details

Closed on
Apr 12, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Household Industrial Finance Co
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

Date Buyer Sale Price Title Company
Nelson Kristian $80,000 Northeast Title Company
Jandrey Cheryl A $48,500 Northeast Title Company
Christian Thomas Thomas $45,000 --
Anderson Kevin C $49,000 Title Recording
Household Industrial Finance Co -- Title Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jandrey Cheryl A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2023 03/23/23 Sold $80,000 0.0% $82 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $80,000 +77.8% $82 / Sq Ft
05/07/2015 05/07/15 Sold $45,000 -- $65 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
Source: Range Association of 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 $438 $83,800 $12,700 $71,100
2023 $438 $79,600 $12,300 $67,300
2022 $466 $70,400 $11,600 $58,800
2021 $482 $59,600 $10,600 $49,000
2020 $406 $54,100 $10,600 $43,500
2019 $372 $54,100 $10,600 $43,500
2018 $326 $53,300 $10,600 $42,700
2017 $338 $49,600 $9,400 $40,200
2016 $354 $47,600 $8,500 $39,100
2015 $333 $29,800 $5,700 $24,100
2014 $333 $29,800 $5,700 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 144661

Range Association of REALTORS®

APN: 030020003010