NOT LISTED FOR SALE

1351 Highway 120 Ely, MN 55731

Estimated Value: $359,000 - $511,000

4 Beds
3 Baths
3,296 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2021

Last sale price $270,000 $82 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,661 / mo

Highlights

  • Deck
  • Forced Air Heating System
  • Ceiling Fan
  • Memorial High School Rated 9+

About This Home

As of May 2021

Beautiful 4 Bedroom Country Home on 5 Acres - This lovely, updated 4 level home provides spacious living in a wooded setting a short distance from Ely. The main floorfeatures a spacious kitchen with quality wood cabinets, dining area, living room and half bath. The upper level has 4 beautifully updated bedrooms and a full bath. Thelower level has a family room, sauna, full bath, laundry room and office. Detached garage. Drilled well and septic system. Deck with a hot tub.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 02/08/2021

Co-Listed By

Julian Rasmusson

z' Up North Realty License #40637100

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Irregular Lot
  • Property is zoned RR

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,296 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Block Basement Construction

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0047-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,732

Year Built

Built in 1978

Lot Details

5 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Oil, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lvt Date: 05/10/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 465-0047-00020
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 2732.00
  • Style: Multi-Level
  • Type: Residential
  • Upper Level Bedrooms: 4
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 3296
  • Bedroom 1: Size: 11 X 18, On Level: Upper
  • Total Bathrooms: 3
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Block
  • Bedroom 2: Size: 11 X 11.5, On Level: Upper
  • Bedroom 3: Size: 11.5 X 13, On Level: Upper
  • Dining Room: Size: 9 X 12, On Level: Main
  • Kitchen: Size: 12.5 X 20, On Level: Main
  • Living Room: Size: 11 X 21, On Level: Main
  • Other Room 2: Bedroom, Size: 11 X 11.5, On Level: Upper
  • Other Room 3: Family Roo, Size: 18 X 20, On Level: Lower
  • Rec Room: Size: 18 X 20, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 28 X 30

Utilities

  • Cooling: Ceiling Fan
  • Utilities: Septic, Well
  • Water Heater: Elec. Off Peak

Lot Info

  • Lot Size: Dimensions: 750x600
  • Number Of Acres: 5
  • Zoning: RR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 10, 2021
Sold by
Bought by
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$270,000
Current Estimated Value
$447,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,742
Avg. Annual Appreciation
10.47%
Original Mortgage
$216,000
Outstanding Balance
$193,900
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$253,842

Purchase Details

Closed on
Jan 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.23%
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Northwest Title
$133,000 Ati Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $216,000
Previous Owner $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $270,000 -- $82 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,940 $365,100 $56,700 $308,400
2023 $2,906 $352,400 $51,800 $300,600
2022 $2,690 $308,600 $47,200 $261,400
2021 $2,732 $267,700 $40,400 $227,300
2020 $2,512 $254,600 $40,400 $214,200
2019 $2,014 $254,600 $40,400 $214,200
2018 $1,998 $218,700 $43,700 $175,000
2017 $1,800 $218,800 $43,800 $175,000
2016 $1,762 $200,400 $42,200 $158,200
2015 $1,771 $181,200 $38,200 $143,000
2014 $1,771 $181,200 $38,200 $143,000
Source: Public Records

Agents Affiliated with this Home

  • Jan Erchul

    Seller's Agent in 2021

    Jan Erchul

    Ely Realty

    (218) 349-0515

    48 Total Sales

    Jan Erchul
    Section Image
  • Julian Rasmusson

    Seller Co-Listing Agent in 2021

    Julian Rasmusson

    z' Up North Realty

    (651) 270-8911

    99 Total Sales

    Julian Rasmusson
    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2021

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    424 Total Sales

    Andrea Zupancich
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 141310

Range Association of REALTORS®

APN: 465004700020

Minnesota St Louis County Ely 55731

1351 Highway 120, Ely, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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