NOT LISTED FOR SALE

154 Mine Rd Ely, MN 55731

Estimated Value: $274,000 - $375,000

1 Bed
1 Bath
792 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $135,000 $170 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,756/month

91 Days on Market

Highlights

  • Multiple Garages
  • Ranch Style House
  • Mud Room
  • Deck
  • Main Floor Primary Bedroom
  • 6 Car Detached Garage

About This Home

As of August 2018

If you are looking for a one bedroom, completely updated getaway in the Ely area, your search is over! A nice ranch rambler, beautifully updated on a 2.54 acre lot. Updates include nice knotty pine accent walls, complete new mudroom, bath and kitchen flooring. New carpet in the living room. A new 8 x 18 deck was completed last fall. This home is move in ready! Bring your toys, the two garages both are insulated and heated. One garage measures 24 x 30 with a 12 x 16 cold storage building, The newer garage is a 32 x 40 with a workshop, infloor heat and more than enough room to store a variety of your toys! Enjoy our Ely area with an affordable weekend getaway a short drive to everything our area has to offer. A beautiful staging area for all your Ely Area recreational opportunities!

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 03/20/2018

Last Buyer's Agent

Andrea Zupancich

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1940

Lot Details

  • 2.54 Acre Lot
  • Lot Dimensions are 310 x 700

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 792 Sq Ft Home
  • Mud Room
  • Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • 6 Car Detached Garage
  • Multiple Garages

Outdoor Features

  • Deck

Utilities

  • Space Heater
  • Radiant Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6311-30555

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, East on Minnesota 169 to right Kawishiwi Trail, 1 mile to 154 Mine Road on right.
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Twp Number: 63
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 792
  • Garage Type: Detached, Multiple
  • Heat: Radiant, Space/Wall Heater, Propane
  • Bedroom 3: Bathroom
  • TotalBedrooms: 1
  • Year Built: 1940
  • Level 1 Bedroom: Second Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space, Posts
  • Bathroom 1 Level: Main
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Deck
  • Stories: 1 Story
  • Room 6: Laundry Room
  • Room 7: Mud Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 792
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 6

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private, Drain Field
  • Water: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 310 x 700
  • Estimated Number of Acres: 2.54
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 28-6311-30555

Tax Info

  • Tax Amount: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Aug 31, 2018
Sold by
Binion Kimberly A and Lee-Binion David
Bought by
Horvat Edward and Horvat Annette
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$317,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,812
Avg. Annual Appreciation
12.70%
Original Mortgage
$139,455
Outstanding Balance
$121,624
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$196,188

Purchase Details

Closed on
Dec 15, 2017
Sold by
Brooks Kimberly Ann and Binion David Lee
Bought by
Binion Kimberly Ann and Binion David Lee
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
Horvat Edward $135,000 --
Binion Kimberly Ann -- None Available
Binion Kimberly Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horvat Edward $139,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $135,000 0.0% $170 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $135,000 -- $170 / 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
2025 $1,004 $253,400 $55,600 $197,800
2024 $826 $252,900 $54,300 $198,600
2023 $620 $265,400 $54,300 $211,100
2022 $795 $202,100 $55,600 $146,500
2021 $767 $146,900 $49,100 $97,800
2020 $898 $141,700 $47,800 $93,900
2019 $895 $147,064 $51,064 $96,000
2018 $926 $147,100 $51,100 $96,000
2017 $1,242 $188,500 $95,400 $93,100
2016 $1,340 $191,700 $108,400 $83,300
2015 $1,366 $205,100 $109,700 $95,400
2014 $1,366 $0 $0 $0
2013 $1,125 $0 $0 $0
2012 $1,168 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2018

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    52 Total Sales

    Jerry Fink
    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2018

    Andrea Zupancich

    Z' Up North Realty

    (218) 749-0159

    446 Total Sales

    Andrea Zupancich
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6073580

APN: 28-6311-30555

Minnesota Lake County Ely 55731

154 Mine Rd, Ely, MN

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