NOT LISTED FOR SALE

127 E Sheridan St Ely, MN 55731

Estimated Value: $151,000 - $192,328

-- Bed
-- Bath
2,096 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $105,000 $50 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,082/month

7 Days on Market

About This Home

As of December 2020

Want the most exposure for your business you could get in Ely ? HERE IT IS! Retail or office space on the main level, and 2 BR apartment (owner's living quarters or rental income) on the upper level. Hardwood floors, amazing tin ceilings, nice high ceiling and space for your own retail or office needs! Back Break room / work area, front retail space with large display window, and separate office. Upstairs 2 BR apartment features more hardwood floors, large master bedroom, and kitchen done in Cherry cabinets and views of Shagawa lake. Upper and main floor decks and lots of room out back for parking and a garage if you'd like! Updates include newer furnace, metal roof, windows, kitchen cabinets, and so much more! Don't let it slip by you!

Last Listed By

Andrea Zupancich

Z'Up North Realty, Inc. Listed on: 12/02/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1910

Lot Details

  • 3,136 Sq Ft Lot
  • Lot Dimensions are 150.00 x 50.00

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 030001000750

Community Details

Overview

  • 2 Units
  • Ely Subdivision

Amenities

  • Business Center

Property Details

Property Type

Other

Est. Annual Taxes

$1,379

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Commercial
  • Cooling System: None
  • Outside Features: Stucco
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Propane
  • Current Use: Retail
  • Year Built: 1910
  • Fractional Ownership Y N: No
  • Assessment Pending Y N: Yes
  • Total Search Sq Ft: 2096.00
  • Building Finished Area: 2096.00
  • Building Finished Area Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Inclusions Type: Building
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 11353
  • Listing Organization: Iowa
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 030001000750
  • Property Sub Type Additional: Apartments and Retail
  • Rental License: No
  • Stories Type: Two
  • Tax Assessment Balance: 107.00
  • Special Features: None
  • Property Sub Type: None
  • Stories: 2

Interior Features

  • Basement: Full, Unfinished
  • Flooring: Wood
  • Fireplace: No
  • Stories: 2

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking Features: None
  • Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Utilities: Heating Separate

Schools

  • School District: 696 - Ely
  • School District Phone: 218-365-6166

Lot Info

  • Zoning: Business/Commercial
  • Construction: Previously Owned
  • Waterfront YN: No
  • Assessment Pending: Yes
  • Lot Size: 150.00 x 50.00
  • Homestead: Yes
  • Lot Size Acres: 0.0720
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Frame
  • Units Total: 2.00

Tax Info

  • TaxLegalDescription: LOT: 0007 BLOCK:007
  • Tax Amount: 1379.00
  • Tax Year: 2020
  • Tax With Assessments: 1486.00
  • Assessor Parcel Number: 030001000750

MLS Schools

  • School District Name: 696 - Ely

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2006
Sold by
Skraba Roger J
Bought by
Jankovec John and Jankovec Joyce
Total Days on Market
7
Current Estimated Value
$177,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Jankovec John $123,000 Northeast Title Company
Miles Curt Curt $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jankovec John $12,500
Closed Jankovec John $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $105,000 -18.6% $50 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $129,000 -- $62 / Sq Ft
Source: NorthstarMLS

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
2023 $1,654 $116,400 $17,000 $99,400
2022 $1,254 $74,200 $15,400 $58,800
2021 $1,642 $74,200 $15,400 $58,800
2020 $1,484 $74,300 $15,400 $58,900
2019 $1,452 $74,300 $15,400 $58,900
2018 $1,454 $74,300 $15,400 $58,900
2017 $1,884 $74,500 $14,900 $59,600
2016 $2,174 $74,500 $14,900 $59,600
2015 $2,433 $84,400 $16,100 $68,300
2014 $2,433 $84,400 $16,100 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5689996

NorthstarMLS

APN: 030001000750