NOT LISTED FOR SALE

125 S Central Ave Ely, MN 55731

Ely Area
2 Beds
2 Baths
1,040 Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: July 19, 2024

Last sale price $95,000 $91 Per Sq Ft

13 Days on Market

Highlights

  • 0.7 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Memorial High School Rated 9+
  • Wood Flooring
  • Mud Room

About This Home

As of July 2024

Ely home which you can either continue use as a 2 unit rental or convert into a single family home. Currently each level is a 1 bedroom, 1 bath, kitchen and living room. An internal stairway allows for easy conversion from a rental to a home. Beautifully maintained original maple flooring, custom built-ins, walk-in closets, and back porch. Outside you will find a 1 stall garage, covered front porch, and sunny back deck. Within easy walking distance of downtown.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 05/13/2024

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company Listed on: 05/13/2024

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1900

Lot Details

  • 30,492 Sq Ft Lot
  • Lot Dimensions are 32 x 100

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0010-03460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,311

Year Built

Built in 1900

Lot Details

0.7 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Central Ave. in Ely
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1040
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1900
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, 3/4 Upper
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Mud Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Kitchen
  • Stories: 2 Story
  • Room 6: Living Room
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1040
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 16 x 24

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 32 x 100
  • Estimated Number of Acres: 0.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0010-03460

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1311

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 17, 2024
Sold by
Bought by
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$104,500
Sold Price
$95,000
Premium/Discount to List
-$9,500
-9.09%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Outstanding Balance
$88,390
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jul 20, 2018
Sold by
Bought by
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
List Price
$46,900
Sold Price
$40,000
Premium/Discount to List
-$6,900
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ely, MN

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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
$95,000 Northeast Title
$40,000 Northeast Title Company
-- None Available
-- None Available
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 $90,250
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $95,000 -9.1% $91 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $104,500 +161.3% $100 / Sq Ft
07/30/2018 07/30/18 Sold $40,000 -14.7% $30 / Sq Ft View Prior Sale
06/27/2018 06/27/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $46,900 0.0% $35 / Sq Ft
02/01/2018 02/01/18 For Sale $46,900 -- $35 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
Source: Lake Superior Area REALTORS®

Tax 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.

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 $504 $71,500 $4,500 $67,000
2023 $336 $67,700 $4,300 $63,400
2022 $1,396 $59,000 $4,100 $54,900
2021 $998 $49,400 $3,700 $45,700
2020 $904 $44,200 $3,700 $40,500
2019 $864 $44,200 $3,700 $40,500
2018 $670 $43,500 $3,700 $39,800
2017 $196 $33,200 $4,600 $28,600
2016 $198 $32,000 $4,200 $27,800
2015 $194 $20,000 $2,800 $17,200
2014 $194 $20,000 $2,800 $17,200
Source: Public Records

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113629

APN: 030-0010-03460

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