NOT LISTED FOR SALE

1249 E Madison St Ely, MN 55731

Estimated Value: $178,000 - $353,000

3 Beds
2.5 Baths
1,960 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $124,000 $63 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,192/month

203 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Eat-In Kitchen
  • Memorial High School Rated 9+
  • 2 Car Detached Garage
  • Woodwork

About This Home

As of April 2014

This immaculate 3-bedroom, 2-bath home was completely renovated and features new flooring, paint, doors, windows, trim, propane heating system, plumbing, updated electrical and high efficiency washer and dryer. There is a full basement with workshop, shower and plenty of storage room. The home sits on a large corner lot with large pines, apple trees, a cherry tree, established vegetable garden and brand new cedar fence. Large 2-stall detached garage. Beautifully updated and meticulously maintained, this home is move-in ready.

Last Agent to Sell the Property

Kate Davies

Bear Island Land Co., Inc Listed on: 08/23/2013

Co-Listed By

Bruce Chernak

Bear Island Land Co., Inc

Last Buyer's Agent

Kerry Davis

Canoe Capital Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $512

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • Fenced Yard
  • Landscaped
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Lean-To Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 030-0200-01655

Home Details

Home Type

Single Family

Est. Annual Taxes

$512

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full
  • Estimated Number of Acres: 0.18
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 030-0200-01655
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 12x17, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Kitchen, 12x12, On Level: Main
  • Room 4: Master Bedroom, 12x17, On Level: Upper
  • Room 5: Bedroom, 9x17, On Level: Upper
  • Room 6: Bedroom, 10x12, On Level: Main
  • Basement Features: Daylight/Lookout Windows, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1960
  • Below Grade Finished Sq Ft: 980
  • Total Fin Square Footage: 1960
  • Total Square Footage: 2940

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Lean-To
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Propane - Tank Owned
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 60 x 130
  • Lot/Land Description: Landscaped, Tree Coverage - Heavy

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2013
  • Tax Value: 512.5

MLS Schools

  • School District: Ely #696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
Mar 17, 2014
Sold by
National Residential Nominee Services In
Bought by
Schwartz James M and Schwartz Nancy K
Seller's Agent
Kate Davies
Bear Island Land Co., Inc
Buyer's Agent
Kerry Davis
Canoe Capital Realty, LLC
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Current Estimated Value
$206,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,552
Avg. Annual Appreciation
6.02%
Original Mortgage
$99,200
Outstanding Balance
$75,169
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$170,525

Purchase Details

Closed on
Apr 30, 2010
Sold by
Anderson Stephen J and Anderson Bonnie
Bought by
Jensen Heather J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Biebl Glenn A and Biebl Joann
Bought by
Anderson Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,700
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Schwartz James M $124,000 None Available
Jensen Heather J $130,000 Ne Ely
Anderson Stephen J $55,000 Cons T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz James M $99,200
Previous Owner Jensen Heather J $117,000
Previous Owner Anderson Stephen J $48,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $124,000 -11.4% $63 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $139,900 -- $71 / 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 $1,278 $135,500 $13,000 $122,500
2023 $1,278 $128,400 $12,600 $115,800
2022 $1,108 $117,000 $11,900 $105,100
2021 $1,046 $98,500 $10,800 $87,700
2020 $920 $88,400 $10,800 $77,600
2019 $862 $88,400 $10,800 $77,600
2018 $634 $87,200 $10,800 $76,400
2017 $652 $75,800 $9,700 $66,100
2016 $1,528 $73,000 $8,800 $64,200
2015 $512 $45,500 $5,900 $39,600
2014 $512 $38,900 $5,800 $33,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kate Davies

    Bear Island Land Co., Inc

  • B

    Seller Co-Listing Agent in 2014

    Bruce Chernak

    Bear Island Land Co., Inc

  • K

    Buyer's Agent in 2014

    Kerry Davis

    Canoe Capital Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4526318

REALTOR® Association of Southern Minnesota

APN: 030020001655

Minnesota St Louis County Ely 55731

1249 E Madison St, Ely, MN

Not Listed for Sale

Detached

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