NOT LISTED FOR SALE

1533 E Sheridan St Ely, MN 55731

Estimated Value: $115,000 - $170,000

3 Beds
1 Bath
1,040 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $77,250 $74 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $808/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Woodwork
  • Memorial High School Rated 9+
  • Eat-In Kitchen
  • Living Room

About This Home

As of September 2020

Very nice 3 bedroom, 1 bath home on the east side of Ely. Great starter home OR buy it for your student to live in while attending Vermilion Community College and rent the other two rooms! Hardwood floors throughout, new windows and a new backsplash in the eat-in kitchen only 2 blocks from the college. Spacious lot with an storage building.

Last Agent to Sell the Property

Jim Burke

Keller Williams Classic Realty NW Listed on: 07/10/2020

Keller Williams Classic Realty NW

Last Buyer's Agent

Gil Knight

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $324

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 110 x 75
  • Property fronts a highway
  • Level Lot

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 030-0402-00190

Home Details

Home Type

Single Family

Est. Annual Taxes

$324

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East side of Ely on Sheridan Street.
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1040
  • Garage Type: None
  • Heat: Boiler, Radiant, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1040
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Highway, Paved, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street, Street, Driveway - Gravel

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 110 x 75
  • Estimated Number of Acres: 0.19
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 030-0402-00190

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 22, 2020
Sold by
Gansch Kari K and Gansch Michael
Bought by
Hallman Anna Nicole
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Gil Knight
Wildwoods Land Company
List Price
$77,250
Sold Price
$77,250
Current Estimated Value
$133,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,888
Avg. Annual Appreciation
10.92%
Original Mortgage
$74,932
Outstanding Balance
$66,497
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$66,641

Purchase Details

Closed on
Feb 10, 2017
Sold by
Usa Homoownership Foundation Inc
Bought by
Gansch Kari K

Purchase Details

Closed on
Oct 10, 2014

Purchase Details

Closed on
Dec 5, 2013
Sold by
Klun Kerry L
Bought by
The Bank Of New York Mellon
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
Hallman Anna Nicole $77,251 Northeast Title Company
Gansch Kari K $23,000 None Available
-- $26,100 --
Usa Homeownership Foundation Inc -- Land Title Inc
Bank Of America Na $26,136 Land Title Inc
The Bank Of New York Mellon $84,312 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallman Anna Nicole $74,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2020 09/24/20 Sold $77,250 0.0% $74 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $77,250 +235.9% $74 / Sq Ft
06/02/2017 06/02/17 Sold $23,000 -- $27 / Sq Ft View Prior Sale
05/02/2017 05/02/17 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
2024 $1,314 $74,400 $21,400 $53,000
2023 $1,314 $70,700 $20,700 $50,000
2022 $1,156 $67,600 $19,600 $48,000
2021 $1,184 $57,800 $17,800 $40,000
2020 $394 $53,200 $17,800 $35,400
2019 $364 $53,200 $17,800 $35,400
2018 $364 $52,700 $17,800 $34,900
2017 $1,040 $52,800 $20,000 $32,800
2016 $1,068 $50,100 $18,200 $31,900
2015 $1,032 $53,100 $20,300 $32,800
2014 $1,051 $53,100 $20,300 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091610

APN: 030040200190