NOT LISTED FOR SALE

12983 E Ridge Rd Ely, MN 55731

Estimated Value: $181,875 - $342,000

2 Beds
1 Bath
728 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $104,900 $144 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,556/month

About This Home

As of July 2016

Be sure to check out this charming cabin in the woods! Beautifully built cabin is located very close to Ely, White Iron Lake, the BWCA and all that the Ely area has to offer. Featuring two bedrooms, one bath and a cozy fireplace, this cabin is ready for your enjoyment now. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This ongoing initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary or secondary residence.

Last Agent to Sell the Property

Ryan Belt

Iron Country Realty License #40277624 Listed on: 05/25/2016

Last Buyer's Agent

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505

Keller Williams Classic Realty Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 14, 2016
Bought by
Earle Ken Ken
Seller's Agent
Ryan Belt
Iron Country Realty
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$104,900
Total Days on Market
0
Current Estimated Value
$265,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,819
Avg. Annual Appreciation
10.91%
Source: Public Records

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Range of Values:

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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
Earle Ken Ken $104,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Frederick $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $104,900 -- $144 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
Source: Range Association of 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 $830 $208,300 $60,600 $147,700
2023 $924 $202,800 $60,600 $142,200
2022 $1,135 $204,300 $60,600 $143,700
2021 $1,116 $127,600 $55,300 $72,300
2020 $1,238 $123,100 $53,700 $69,400
2019 $125 $128,000 $64,000 $64,000
2018 $1,266 $128,000 $57,800 $70,200
2017 $1,234 $128,700 $57,800 $70,900
2016 $1,235 $128,000 $64,000 $64,000
2015 $1,204 $128,600 $64,600 $64,000
2014 $1,204 $0 $0 $0
2013 $1,130 $0 $0 $0
2012 $1,139 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 129448

Range Association of REALTORS®

APN: 28-6226-01020