Seller's Agent in 2026
Lori Schulze
Keller Williams Classic Realty NW - Ely
(218) 343-1787
121 Total Sales
3
Beds
3
Baths
3,048
Sq Ft
60,113
Sq Ft Lot
Highlights
- Fireplace
- Memorial High School Rated 9+
- 1-Story Property
About This Home
As of February 2026Ely, MN – Romberg Acres Opportunity! Bring your vision and tools to this spacious 3+ bedroom, 3 bathroom ranch-style home in the highly sought-after Romberg Acres neighborhood of Ely. Built in 1994, this property offers over 3,000 sq ft of finished living space on a beautiful 1.38-acre lot with towering white pines. Though in need of updating and repairs, the home provides a fantastic layout and lots of space. Enter through the attached garage into the lower level, where you’ll find a large family room with fireplace and a generous wet bar, bonus rooms, and a full bathroom. Upstairs, the main floor features an open floor plan with a vaulted-ceiling living room and propane fireplace, a primary suite with attached bath, another full bath, additional bedrooms, and main floor laundry for convenience. The elevated setting on a wooded hill provides a sense of privacy while keeping you close to town conveniences. With its desirable location, generous square footage, and attractive lot, this property represents a rare chance to build equity and create your dream home. Priced significantly below the tax-assessed value—don’t miss out on this investment opportunity in Ely’s Romberg Acres!
Last Agent to Sell the Property
Keller Williams Classic Realty NW - Ely Brokerage Phone: Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,835
Year Built
- Built in 1994
Lot Details
- 1.38 Acre Lot
- Lot Dimensions are 200 x 300
Parking
- 2
Interior Spaces
- 1-Story Property
- Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 465-0235-00250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2025
Closed on
Feb 20, 2026
Sold by
Pastika Claire J
Bought by
Gibbons Kyle and Gibbons Kristin J
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Joseph Tome
Grand Properties
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Views
192
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.19%
Original Mortgage
$194,750
Outstanding Balance
$194,750
Interest Rate
6.16%
Mortgage Type
Construction
Estimated Equity
$16,917
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | Northeast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $194,750 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | Sold | $205,000 | +14.5% | $67 / Sq Ft |
| 01/17/2026 01/17/26 | Pending | -- | -- | -- |
| 10/10/2025 10/10/25 | Price Changed | $179,000 | -10.1% | $59 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $199,000 | -- | $65 / Sq Ft |
Source: Lake Superior Area REALTORS®
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 | $1,920 | $268,500 | $32,600 | $235,900 |
| 2023 | $1,920 | $282,600 | $30,300 | $252,300 |
| 2022 | $2,338 | $250,900 | $29,300 | $221,600 |
| 2021 | $2,170 | $229,200 | $27,300 | $201,900 |
| 2020 | $1,990 | $211,500 | $27,300 | $184,200 |
| 2019 | $1,762 | $211,500 | $27,300 | $184,200 |
| 2018 | $1,746 | $197,400 | $26,800 | $170,600 |
| 2017 | $1,560 | $197,400 | $26,800 | $170,600 |
| 2016 | $1,528 | $180,200 | $25,900 | $154,300 |
| 2015 | $1,502 | $170,400 | $32,400 | $138,000 |
| 2014 | $1,502 | $156,300 | $19,600 | $136,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Schulze
-
Heather Franciskovich
H
Seller Co-Listing Agent in 2026
Heather Franciskovich
Keller Williams Classic Realty NW - Ely
(218) 235-3895
13 Total Sales
-
Joseph Tome
Buyer's Agent in 2026
Joseph Tome
Grand Properties
(218) 228-3064
142 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6121885
APN: 465023500250
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