NOT LISTED FOR SALE

1322 N 18th Ave E Ely, MN 55731

Estimated Value: $45,349 - $80,000

0.43 Acre
$127,528 Price per Acre
18,731 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $41,500 $53 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $325/month

5 Days on Market

Highlights

  • 0.43 Acre Lot
  • No HOA
  • Landscaped with Trees
  • Memorial High School Rated 9+
  • Views
  • Level Lot

About This Lot

As of April 2024

Located in the Spaulding neighborhood on the north side of Ely is this level parcel that is .43 of an acre and is within 225 feet from a walk down public access to Shagawa Lake. Shagawa is a large lake just north of Ely that is very scenic and offers great fishing. There are also nearby public accesses to launch a boat. There is a bit of a view of the lake from the parcel! The parcel is 150 ft. x 140 ft., and ready to go for your new home! There used to be a home and garage on the parcel, but it was removed a few years ago and is now ready for your new construction. City water, sewer. and electricity are all available!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 03/14/2024

Co-Listed By

Zachary Hway

Bear Island Realty LLC

Last Buyer's Agent

Misty Merhar

Z' Up North Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $418

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 150 x 140
  • Level Lot
  • Landscaped with Trees

Parking

  • Off-Street Parking

Utilities

  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Property Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$418

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: From Ely, take Central Avenue to Camp Street. Cross Camp Street and continue to follow (road turns to Pioneer Drive) past the Grand Ely lodge to 18th Avenue. Turn left and follow to the property.
  • InternetOptions: Cable, Fiber Optic
  • L O1 Office Phone1 Number: 218-365-2800
  • Renewal Options: Sell Entirely
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2024
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Paved, City

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Available Utilities: City Water, City Sewer
  • Power Company: City Of Ely

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 150 x 140
  • Estimated Number of Acres: 0.43
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Medium, Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 16, 2024
Sold by
Slanika Mary M
Bought by
Kling Peter and Anderson-Kling Bridget
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Misty Merhar
Z' Up North Realty
List Price
$41,500
Sold Price
$41,500
Views
2
Current Estimated Value
$54,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,337
Avg. Annual Appreciation
17.93%

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 10, 2021
Sold by
Hill Andrew J and Hill Paula J
Bought by
Slanika Mary M
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$33,000
Sold Price
$33,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$23,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Bought by
Hill Andrew Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.06%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Kemp Carrie Kay
Bought by
Truster Federal Credit Union

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.06%

Purchase Details

Closed on
May 18, 2016
Sold by
Noland Rosalie Frances
Bought by
Kemp Carrie Kay

Purchase Details

Closed on
Jul 12, 1994
Sold by
Rognerud Lawrence R and Rognerud Nancy J
Bought by
Noland Rosalie F and Arnold Rosalie F

Purchase Details

Closed on
Jun 10, 1994
Sold by
Noland Leon L and Noland Karen
Bought by
Noland Rosalie F and Arnold Rosalie F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kling Peter $41,500 Northeast Title Company
Slanika Mary M $33,000 Northeast Title Company
Hill Andrew Andrew $20,000 --
Truster Federal Credit Union -- None Available
Kemp Carrie Kay -- None Available
Noland Rosalie F $500 --
Noland Rosalie F $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slanika Mary M $23,000
Previous Owner Hill Andrew Andrew --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $41,500 0.0% $53 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $41,500 +25.8% $53 / Sq Ft
03/10/2021 03/10/21 Sold $33,000 0.0% $42 / Sq Ft View Prior Sale
01/10/2021 01/10/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $33,000 -- $42 / 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 $454 $22,300 $22,300 $0
2023 $454 $21,600 $21,600 $0
2022 $424 $20,500 $20,500 $0
2021 $384 $18,600 $18,600 $0
2020 $350 $18,600 $18,600 $0
2019 $344 $18,600 $18,600 $0
2018 $7,860 $18,600 $18,600 $0
2017 $264 $20,000 $17,500 $2,500
2016 $224 $41,900 $17,500 $24,400
2015 $222 $24,100 $10,500 $13,600
2014 $222 $24,100 $10,500 $13,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2024

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    37 in this area

    162 Total Sales

    Jeff Hway
    Section Image

  • Z

    Seller Co-Listing Agent in 2024

    Zachary Hway

    Bear Island Realty LLC

    (651) 341-0383

    11 in this area

    68 Total Sales

    Zachary Hway
    Section Image

  • M

    Buyer's Agent in 2024

    Misty Merhar

    Z' Up North Realty

    (218) 349-3745

    25 in this area

    38 Total Sales

    Misty Merhar
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112658

APN: 030029001720

Minnesota St Louis County Ely 55731

1322 N 18th Ave E, Ely, MN

Not Listed for Sale

Lots

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