Estimated Value: $215,000 - $238,000
2
Beds
1.5
Baths
1,687
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Traditional Architecture
- Mud Room
- Lake View
- Main Floor Primary Bedroom
- No HOA
About This Home
As of May 2024Location, location, location! This lovely 2 plus, 2 bath house is located in a quiet neighborhood off the beaten path and yet still close to all of the great attractions of Ely. This charming home offers views of, and easy access to beautiful Shagawa Lake just 250 feet down the street! Whether to be enjoyed as a year-round home or a vacation home, here is the perfect opportunity to enjoy quick access to the lake with a place to swim and launch a boat! Enjoy the lake without paying lakeshore taxes! The main level has great natural light with lake views, a large eat-in kitchen, the comfortable living room with propane fireplace, a main floor bedroom, a 3/4 bathroom with tub, a gorgeous 3 season front porch with lake views, and an enclosed back porch. The upper level has a large bedroom that has been used as 2 bedrooms over the years as at the top of the stairs you can go left or right into 2 spaces separated by a partial wall. It could be made into 2 completely private bedrooms if desired. The lower level has a family room area, a large laundry room with a shower in it, the second bathroom, and an office that could be a bedroom with the addition of an egress window. The large yard is fully fenced and has a row of gorgeous mature red pines trees up front. Keep in mind that the home offers two plus bedrooms, and with minor changes could be made to have four! Newer kitchen appliances as well as washer and dryer. Plenty of room for toys and storage in three outbuildings, including a heated and insulated garage served by a paved driveway! This is a nice home with the added benefit of Shagawa Lake being so close!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,160
Lot Details
- 10,454 Sq Ft Lot
- Fenced Yard
- Level Lot
- Landscaped with Trees
Home Design
- Traditional Architecture
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Steel Siding
Interior Spaces
- Multi-Level Property
- Gas Fireplace
- Wood Frame Window
- Mud Room
- Entryway
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Den
- Lower Floor Utility Room
- Lake Views
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
Parking
- 2 Car Detached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Driveway
Outdoor Features
- Enclosed patio or porch
- Storage Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Oil
- Radiant Heating System
- Heating System Uses Propane
- Electric Water Heater
- Fuel Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 030-0290-00900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
May 17, 2024
Sold by
Perttula Roxanne and Perttula Ronald
Bought by
Wilkinson Julia
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Riley Lind
eXp Realty, LLC- MN
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,031
Avg. Annual Appreciation
-0.85%
Original Mortgage
$195,500
Outstanding Balance
$193,621
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$34,165
Purchase Details
Closed on
May 23, 2017
Sold by
Ahlstrand Earl F and Ahlstrand Georgia Ann
Bought by
Perttula Roxannie Alida
Similar Homes in Ely, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilkinson Julia | $230,000 | -- | |
| Perttula Roxannie Alida | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilkinson Julia | $195,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $230,000 | +5.0% | $136 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | Price Changed | $219,000 | -8.8% | $130 / Sq Ft |
| 04/08/2024 04/08/24 | For Sale | $240,000 | -- | $142 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $1,066 | $117,100 | $14,300 | $102,800 |
| 2022 | $844 | $101,200 | $13,500 | $87,700 |
| 2021 | $734 | $85,400 | $12,300 | $73,100 |
| 2020 | $644 | $77,100 | $12,300 | $64,800 |
| 2019 | $598 | $77,100 | $12,300 | $64,800 |
| 2018 | $556 | $76,000 | $12,300 | $63,700 |
| 2017 | $648 | $72,700 | $10,500 | $62,200 |
| 2016 | $576 | $72,700 | $10,500 | $62,200 |
| 2015 | $554 | $41,000 | $6,300 | $34,700 |
| 2014 | $554 | $41,000 | $6,300 | $34,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hway
Seller's Agent in 2024
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
39 in this area
167 Total Sales
-
Zachary Hway
Z
Seller Co-Listing Agent in 2024
Zachary Hway
Bear Island Realty LLC
(651) 341-0383
9 in this area
53 Total Sales
-
Riley Lind
Buyer's Agent in 2024
Riley Lind
eXp Realty, LLC- MN
(218) 535-5325
3 in this area
83 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6112998
APN: 030029000900
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