NOT LISTED FOR SALE

1407 N 21st Ave E Ely, MN 55731

Estimated Value: $277,000 - $491,000

4 Beds
2.5 Baths
3,154 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $360,000 $114 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,552/month

43 Days on Market

Highlights

  • Multiple Garages
  • Deck
  • Vaulted Ceiling
  • 1.46 Acre Lot
  • Recreation Room
  • Raised Ranch Architecture

About This Home

As of August 2023

Where to begin on this one... First of all, it's huge! Featuring a full basement with 9ft ceilings and at total square footage of over 3,000 sq/ft, this modular home is truly larger than it looks. Then there's the location. Tucked away just north of town & only one block from the Shagawa Lake boat launch, this quiet corner of Ely is perfect for those wanting a serene home-base for wilderness adventures. Inside, you'll find an open layout, spacious bedrooms, and plenty of room to go around. The living room adjoins the large back deck, keeping the wildlife always within view, while the full basement boasts an even larger rec room, a bedroom with an attached half bath, and two extra rooms that currently serve as a home office and storage. On the main level, the primary suite features a walk-in closet & full bath, complete with a double vanity and tub. With two detached tandem garages, you will have no trouble housing your vehicles as well as all the snowmobiles, ATV's, kayaks, motorcycles, and any other toys you could ever want - there's even parking space outside for a camper! One of the garages is heated. Once again, it's hard to describe all that this property has to offer. It's close enough to town to be convenient but secluded enough to keep things peaceful. Finally, you'll never be bored being right around the corner from Shagawa Lake, great fishing spots, & trails such as the famous Trezona trail, the Prospector ATV trails, snowmobile trails, and plenty of hiking trails. Come see it for yourself & start planning your next Ely adventure!

Last Agent to Sell the Property

Conner Linde

Real Estate Consultants Listed on: 05/25/2023

Last Buyer's Agent

Conner Linde

Real Estate Consultants Listed on: 05/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 2004

Lot Details

  • 1.46

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Concrete Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Vaulted Ceiling
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Lower Floor Utility Room
  • Laundry on main level
  • Storage Room
  • Utility Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 8 Car Detached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Drain
  • Tandem Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Additional Features

  • Deck
  • 1.46 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0063-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Google Maps brings you to the wrong place - The property is north of Ely, just west of 88 and north of Pioneer Rd N.
  • L O1 Office Phone1 Number: 218-724-9000
  • List Price/ Sq Ft: 114.14
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Kitchen Center Island, Vaulted Ceilings, Walk-In Closet, Main Floor Laundry
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1680
  • Below Grade Finished Sq Ft: 1474
  • Garage Type: Detached, Multiple, Tandem
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Room 10: Den/Office
  • Room 11: Utility Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Basement
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Finished, Bath, Bedrooms, Den/Office, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1680
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Master, Full Main Floor, Private Master, Separate Tub & Shower
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, Storage Room, Utility Room, Non-Conforming Bedroom, Entry, Bonus Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: Raised Ranch
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Bedroom
  • Room 9: Den/Office
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3154
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Features: Drains, Electrical Service, Heat, Insulation
  • Garage Capacity: 8

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-05-25
  • Estimated Lot Dimensions: IRREGULAR
  • Estimated Number of Acres: 1.46
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0063-00030

Tax Info

  • Tax Amount: 4365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 25, 2023
Sold by
Bach Curtis
Bought by
Ihnen Brent M
Seller's Agent
Conner Linde
Real Estate Consultants
Buyer's Agent
Conner Linde
Real Estate Consultants
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$384,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,654
Avg. Annual Appreciation
-2.57%
Original Mortgage
$288,000
Outstanding Balance
$283,098
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$59,109

Purchase Details

Listed on
Apr 16, 2021
Closed on
Apr 14, 2021
Sold by
Lindgren Mark E and Lindgren Connie M
Bought by
Bach Curtis
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$148,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2004
Sold by
City Of Ely
Bought by
Lindgren Mark E and Lindgren Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2003
Sold by
The City Of Ely
Bought by
Peacock Cameron
Source: Public Records

Range of Values:

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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
Ihnen Brent M $360,000 Northeast Title Company
Bach Curtis $279,000 Northeast Title Company
Lindgren Mark E $25,800 --
Peacock Cameron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ihnen Brent M $288,000
Previous Owner Korner Store 100 Llc $148,000
Previous Owner Bach Curtis $265,050
Previous Owner Lindgren Mark E $40,000
Previous Owner Lindgren Mark E $160,000
Previous Owner Lindgren Mark E $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $360,000 0.0% $114 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $360,000 +29.0% $114 / Sq Ft
12/07/2021 12/07/21 Sold $279,000 -- $83 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
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
2023 $5,128 $332,400 $37,300 $295,100
2022 $3,330 $275,900 $35,400 $240,500
2021 $3,294 $209,300 $32,200 $177,100
2020 $2,702 $188,900 $32,100 $156,800
2019 $2,586 $174,700 $17,900 $156,800
2018 $2,420 $172,300 $17,900 $154,400
2017 $2,588 $164,200 $16,800 $147,400
2016 $2,364 $164,200 $16,800 $147,400
2015 $2,245 $132,100 $14,400 $117,700
2014 $2,245 $132,100 $14,400 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108273

APN: 030006300030