NOT LISTED FOR SALE

135 N 5th Ave E Ely, MN 55731

4 Beds
4 Baths
2,400 Sq Ft
3,049 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $140,000 $58 Per Sq Ft

114 Days on Market

Highlights

  • City Lights View
  • Deck
  • Corner Lot
  • Memorial High School Rated 9+
  • Wood Flooring
  • 4-minute walk to Whiteside Park

About This Home

As of June 2016

Well maintained income property in excellent condition. The 1st floor has 2 BRs, 2 BAs & an open KI/DR/LR which has been beautifully updated with new KI cabinets & ceramic tile floors. The living/dining area features newer laminate flooring & tin ceilings. The master BA has whirlpool tub & shower. The 1/2 bath features ceramic flooring. Spacious master bedroom with a free-standing propane stove & walk-in closet. Main floor laundry. The 2nd floor units each have 1 bedroom, kitchen, living room & full bath. Free-standing propane stoves in the living rooms. All kitchen appliances are included in all three units. Corner lot with off street parking. New steps & covered entry to the second floor. Full basement, updated electric & plumbing throughout and maintenance-free vinyl siding. Central location to grocery stores, churches, library, park, post office & all amenities. Good rental history. This is a great investment property for owner occupancy on the first floor or rent all 3 apartments

Last Agent to Sell the Property

Janet Erchul

Ely Realty Listed on: 02/12/2016

Last Buyer's Agent

Janet Erchul

Ely Realty Listed on: 02/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,332

Year Built

  • Built in 1905

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Fireplace
  • City Lights Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank
  • Phone Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for fuel
  • Assessor Parcel Number 030-0370-00240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,332

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: In Ely, take Sheridan St to 5th Ave. Go North one block. Building will be on your left.
  • L O1 Office Phone1 Number: 218-365-2800
  • Tax Year: 2015
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Amenities3: Eat-In Kitchen, Hardwood Floors, Tiled Floors
  • Amenities Exterior: Deck
  • Appliances 1: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2400
  • F I R E P L A C E2: Yes
  • Upper Level Totals:Fireplace3: Yes
  • Garage Type: None
  • Heat: Forced Air, Space/Wall Heater, Propane, Electric
  • Laundry: Main Floor Laundry
  • Reso Roof: Rubber
  • TotalBedrooms: 4
  • MediaType: Other
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2400

Exterior Features

  • Road Frontage: City, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Eat-In Kitchen, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Association Fees Include:Amenities2: Eat-In Kitchen, Hardwood Floors
  • AmenitiesFireplace1: Yes

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 25x125
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped, Telephone, Level
  • Parcel Number: 030-0370-00240

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Fuel

Tax Info

  • Tax Amount: 2332
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $140,000 -12.4% $58 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $159,900 -- $67 / 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 $4,978 $240,400 $4,900 $235,500
2023 $4,978 $227,500 $4,800 $222,700
2022 $3,640 $186,600 $4,500 $182,100
2021 $3,596 $155,900 $4,100 $151,800
2020 $3,272 $138,500 $4,100 $134,400
2019 $3,156 $138,500 $4,100 $134,400
2018 $2,296 $136,500 $4,100 $132,400
2017 $2,362 $99,000 $4,100 $94,900
2016 $2,426 $95,800 $3,700 $92,100
2015 $2,332 $99,000 $4,100 $94,900
2014 $2,332 $99,000 $4,100 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020337