NOT LISTED FOR SALE

1262 Hematite Blvd Ely, MN 55731

Estimated Value: $219,000 - $335,000

2 Beds
2 Baths
1,992 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $171,000 $86 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,622/month

8 Days on Market

Highlights

  • Panoramic View
  • Recreation Room
  • Mud Room
  • Memorial High School Rated 9+
  • Raised Ranch Architecture
  • Den

About This Home

As of August 2019

Two of the best large White Pine lots close to Ely. Just about one mile east of Ely just off Highway 169, this cedar sided elevated ranch rambler offers a park like setting with The End of the Road atmosphere. The two lots are both covered with stately White Pine trees with the home quietly nestled within the confines of a mature forest. This 2 bedroom ranch rambler could be updated to a 3 bedroom with the addition of an egress window for the lower level. The roof was redone a few years ago, along with a newer septic system and one of the best drilled, cased, deep wells in Romberg Acres. This was the second home to be built in the Romberg Acres developement just east of Ely. Close to everything Ely has to offer yet a two minute ride back home gets you back to your very own private parklike setting.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 07/11/2019

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1971

Lot Details

  • 1.83 Acre Lot
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Many Trees

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Paneling
  • Beamed Ceilings
  • Vinyl Clad Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Washer
  • Storage Room
  • Utility Room
  • Center Hall
  • Panoramic Views

Kitchen

  • Cooktop
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Storage Shed
  • Rain Gutters

Farming

  • Machine Shed

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Underground Utilities
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 465-0235-00200, 220

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,144

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East of Ely on Minnesota State Highway 169, one mile to left on Hematite Blvd, follow straight to last home on right and Canoe Capital sign.
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-365-8689
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Garage Door Opener, Natural Woodwork, Cable TV, Beamed Ceilings, Center Hall, Panelled Walls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 996
  • Below Grade Finished Sq Ft: 996
  • Garage Type: Attached
  • Heat: Hot Water, Oil
  • Reso Roof: Asphalt Shingles
  • Room 10: Rec Room
  • Room 11: Family Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1971
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Bath, Den/Office, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Lower
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, Mud Room, Storage Room, Utility Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Foyer
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Den/Office
  • Stories: Raised Ranch
  • Room 6: Bathroom
  • Room 7: Master Bedroom
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1992
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Machine Shed, Storage Shed
  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 26

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Drain Field
  • Water: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200 x 300, 200 x 100
  • Estimated Number of Acres: 1.83
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Tree Coverage - Medium, Underground Utilities, High, Level
  • Parcel Number: 465-0235-00200, 220

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 30, 2019
Sold by
Chmielewski Myrene J
Bought by
Edberg Jessica M and Popesh Jody L
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$171,000
Sold Price
$171,000
Current Estimated Value
$289,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,101
Avg. Annual Appreciation
8.88%
Original Mortgage
$162,450
Outstanding Balance
$142,276
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$146,825
Source: Public Records

Range of Values:

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Average Value
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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
Edberg Jessica M $171,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edberg Jessica M $162,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $171,000 0.0% $86 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $171,000 -- $86 / Sq Ft
Source: Lake Superior Area 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 $1,304 $206,300 $42,500 $163,800
2023 $1,304 $195,500 $39,300 $156,200
2022 $1,394 $175,100 $37,800 $137,300
2021 $1,374 $160,000 $35,100 $124,900
2020 $1,248 $149,100 $35,100 $114,000
2019 $1,052 $149,100 $35,100 $114,000
2018 $1,042 $136,300 $33,900 $102,400
2017 $924 $136,300 $33,900 $102,400
2016 $900 $125,300 $32,700 $92,600
2015 $905 $100,800 $26,300 $74,500
2014 $905 $100,800 $26,300 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084620

APN: 465023500200