NOT LISTED FOR SALE

1505 E Harvey St Ely, MN 55731

Estimated Value: $207,000 - $265,449

3 Beds
2 Baths
2,128 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $250,000 $117 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,437/month

6 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Den
  • Memorial High School Rated 9+
  • No HOA
  • Lower Floor Utility Room

About This Home

As of May 2024

Welcome to this lovely, renovated, Ely home – here you will find tasteful and meticulous updates throughout. Sought after one level living featuring a bright and sunny living room, clean and spacious kitchen/dining open to the cozy sunroom off the back. Primary bedroom with private bath is ideally situated on one side of the home and the other two bedrooms and second full bath are on the other side of the home. Dry basement with a great big rec room, an office/flex room, laundry room and workshop/storage space. Oversized insulated and heated garage with plenty of additional shop space. Some of the extensive updates include fully upgraded electric and rewiring, new light fixtures, fresh new paint throughout, new flooring, new countertops, new appliances, a fully fenced back yard, new garage doors and openers, and both bathrooms are brand new! Top it off with central A/C and a compliant sewer line – truly the perfect place to call home!

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62.5 x 125

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Insulated Garage

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0408-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,041

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 1505 E Harvey St. in town of Ely, MN.
  • L O1 Office Phone1 Number: 763-463-7500
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1528
  • Below Grade Finished Sq Ft: 600
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Forced Air, Propane
  • MainFloorBath: Yes
  • Room 10: Workshop
  • Bedroom 3: 4 Season Porch
  • TotalBedrooms: 3
  • Year Built: 1957
  • Level 1 Bedroom: Main
  • RoomLevel10: 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

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Partially Finished, Den/Office, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Laundry Room
  • Room 9: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2128
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Features: Electrical Service, Heat, Insulation, Slab
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 62.5 x 125
  • Estimated Number of Acres: 0.18
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0408-00010

Tax Info

  • Tax Amount: 3041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 26, 2024
Sold by
Padilla Julie
Bought by
Jones Carissa
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$237,500
Sold Price
$250,000
Premium/Discount to List
$12,500
5.26%
Views
1
Current Estimated Value
$234,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,888
Avg. Annual Appreciation
-3.95%
Original Mortgage
$242,500
Outstanding Balance
$238,835
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$4,723

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 29, 2021
Sold by
Elfvin Robert R and Elfvin Karon J
Bought by
Padilla Jullie
Seller's Agent
Misty Merhar
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
List Price
$169,000
Sold Price
$180,000
Premium/Discount to List
$11,000
6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$153,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2020
Sold by
Maki William D and Maki Jodi
Bought by
Elfvin Robert R and Elfvin Karon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Carissa $250,000 Northeast Title Company
Padilla Jullie $180,000 Northeast Title Company
Elfvin Robert R $150,000 Northeast Title Company
Elfvin Robert Robert $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Carissa $242,500
Previous Owner Padilla Jullie $153,000
Previous Owner Elfvin Robert R $120,000
Closed Elfvin Robert Robert $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $250,000 +5.3% $117 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $237,500 +31.9% $112 / Sq Ft
04/30/2021 04/30/21 Sold $180,000 +6.5% $80 / Sq Ft View Prior Sale
03/28/2021 03/28/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $169,000 -- $75 / 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 $2,514 $204,600 $11,800 $192,800
2023 $2,514 $193,600 $11,400 $182,200
2022 $3,126 $170,100 $10,800 $159,300
2021 $1,818 $137,400 $9,800 $127,600
2020 $1,624 $122,900 $9,800 $113,100
2019 $1,540 $122,900 $9,800 $113,100
2018 $1,458 $121,000 $9,800 $111,200
2017 $1,484 $117,400 $9,700 $107,700
2016 $1,598 $113,500 $8,800 $104,700
2015 $1,480 $90,700 $7,500 $83,200
2014 $1,480 $90,700 $7,500 $83,200
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Buyer's Agent in 2024

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    37 in this area

    162 Total Sales

    Jeff Hway
    Section Image

  • M

    Seller's Agent in 2021

    Misty Merhar

    z' Up North Realty

    (218) 349-3745

    25 in this area

    38 Total Sales

    Misty Merhar
    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2021

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    68 in this area

    445 Total Sales

    Andrea Zupancich
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112996

APN: 030040800010

Minnesota St Louis County Ely 55731

1505 E Harvey St, Ely, MN

Not Listed for Sale

Detached

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