NOT LISTED FOR SALE

1561 Rapids Rd Ely, MN 55731

Estimated Value: $217,000 - $375,000

3 Beds
1 Bath
1,442 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 1561 Rapids Rd, Ely, MN 55731 and is currently estimated at $316,952, approximately $219 per square foot. 1561 Rapids Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2015
Sold by
National Residential Nominee Services In
Bought by
Wessels Arthur G and Wessels Joanne
Current Estimated Value
$316,952

Purchase Details

Closed on
Jun 16, 2014
Sold by
Catton Susan C and Catton Timothy J
Bought by
National Residential Nominee Services In

Purchase Details

Closed on
Jul 1, 2005
Sold by
Badillo Frank M
Bought by
Catton Timothy J and Catton Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 2005
Sold by
Badillo Frank M and Badillo Charlotte A
Bought by
Badillo Frank M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Wessels Arthur G $219,000 Premier Abstract & Title
National Residential Nominee Services In $233,500 Pioneer Abstract
Catton Timothy J $260,000 Northeast Title Company
Badillo Frank M -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weasels Arthur C $352,500
Closed Wessels Arthur G $352,500
Previous Owner Catton Timothy J $15,000
Previous Owner Catton Timothy J $220,000
Previous Owner Catton Timothy J $50,000
Previous Owner Catton Timothy J $39,000
Previous Owner Catton Timothy J $208,000
Source: Public Records

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
2023 $2,112 $248,200 $61,000 $187,200
2022 $1,732 $218,200 $55,500 $162,700
2021 $1,774 $188,700 $47,200 $141,500
2020 $1,620 $180,700 $47,200 $133,500
2019 $2,018 $180,700 $47,200 $133,500
2018 $2,000 $177,800 $61,100 $116,700
2017 $1,870 $177,700 $61,000 $116,700
2016 $1,838 $164,200 $58,700 $105,500
2015 $1,374 $144,600 $51,700 $92,900
2014 $1,374 $144,600 $51,700 $92,900
Source: Public Records

Map

Minnesota St Louis County Ely 55731

1561 Rapids Rd, Ely, MN

Homes for Sale in Ely, MN

This home is located at 1561 Rapids Rd, Ely, MN 55731 and is currently estimated at $316,952, approximately $219 per square foot. 1561 Rapids Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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