NOT LISTED FOR SALE

1554 Rapids Rd Ely, MN 55731

Estimated Value: $157,000 - $384,000

2 Beds
2 Baths
1,848 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $103,500 $56 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,562/month

Highlights

  • 2 Car Detached Garage
  • Screened Patio
  • Forced Air Heating System
  • Memorial High School Rated 9+
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of January 2017

Own your own quiet piece in the woods and enjoy the wildlife right out your window! This well built 1980's river front home with 3 bedrooms and 2 baths. It is just 6 miles and 10 minutes from Ely. Home has a newer metal roof hardwood floors and a great view of the Bear Island River.

Last Agent to Sell the Property

Mark Larson

Wildwoods Land Company License #40037736 Listed on: 12/20/2016

Last Buyer's Agent

Mark Larson

Wildwoods Land Company License #40037736 Listed on: 12/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1977

Lot Details

  • 4.6 Acre Lot
  • Irregular Lot
  • Property is zoned SMU-7

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Screened Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0047-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Wood, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 01/10/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 465-0047-00060
  • Patioporch: Screened
  • Percent Of Bsmnt Finished: 75
  • Real Estate Tax: 1132
  • Style: One Story
  • Type: Residential
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1848
  • Bedroom 1: Size: 9 x 14, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Washer, Elec. Dryer
  • Basement: Full, Walkout
  • Bedroom 2: Size: 11 x 15, On Level: Lower
  • Bedroom 3: Storage Rm, Size: 11 x 12, On Level: Lower
  • Dining Room: Size: 12.5 x 11, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 11 x 13, On Level: Main
  • Living Room: Size: 16 x 24, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Laundry Rm, Size: 11 x 15, On Level: Lower
  • Other Room 3: Sauna, Size: 6 x 7, On Level: Lower
  • Rec Room: Size: 11 x 28, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24 x 24

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well, Telephone
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 466x400
  • Number Of Acres: 4.6
  • Zoning: SMU-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Willis Kathleen M
Bought by
Willis Kathleen M and Willis Tyler John
Current Estimated Value
$278,918

Purchase Details

Listed on
Dec 20, 2016
Closed on
Jan 6, 2017
Sold by
Adams Bonnie
Bought by
Willis John Niles and Willis Kathleen M
Seller's Agent
Mark Larson
Wildwoods Land Company
Buyer's Agent
Mark Larson
Wildwoods Land Company
Sold Price
$103,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Logan Judith A
Bought by
Schreffler Jolene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Willis Kathleen M -- None Listed On Document
Willis Tyler John -- None Available
Willis John Niles $103,500 None Available
Schreffler Jolene $9,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $103,500 -- $56 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
Source: Range Association of 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 $1,202 $198,100 $52,700 $145,400
2023 $1,202 $193,500 $48,200 $145,300
2022 $1,226 $170,300 $44,000 $126,300
2021 $1,256 $147,600 $37,700 $109,900
2020 $1,138 $141,200 $37,700 $103,500
2019 $1,116 $141,200 $37,700 $103,500
2018 $1,104 $146,200 $55,400 $90,800
2017 $1,220 $146,100 $55,300 $90,800
2016 $1,192 $150,800 $68,600 $82,200
2015 -- $139,200 $68,200 $71,000
2014 -- $139,200 $68,200 $71,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Larson

    Wildwoods Land Company

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Map

Source: Range Association of REALTORS®

MLS Number: 128433

Range Association of REALTORS®

APN: 465004700060

Minnesota St Louis County Ely 55731

1554 Rapids Rd, Ely, MN

Not Listed for Sale

Detached

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