NOT LISTED FOR SALE

2012 Sotlich Rd Ely, MN 55731

Estimated Value: $365,000 - $442,000

3 Beds
2 Baths
2,336 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $325,000 $139 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,329/month

4 Days on Market

Highlights

  • 3 Car Detached Garage
  • Memorial High School Rated 9+
  • Baseboard Heating

About This Home

As of August 2021

Beautifully renovated home on 10 acres in a very private location. This 3 bedroom, two bath, multi-level home has over 2000 finished square feet of living area and another 1500 ready to complete in the lower level. Newer wiring and plumbing. The heating system is plumbed for 3 more zones. The spacious kitchen features a new refrigerator and dishwasher, custom wood cabinets, and an open dining area with picture windows. The 31 X 15 living room has a wall of windows overlooking the backyard to enjoy the frequent wildlife visitors. The second level is just 3 steps up to an open area to reach the 3 bedrooms and a full bath. Hardwood floors and large closets. The lower level has a new 3/4 bath, sitting area, spacious laundry room and a 31 X 17 family room ready to complete to your liking. 1 car attached garage. 3car detached garage with new insulated doors. New roof on the home in 2020. Asphalt driveway. Well maintained & in excellent condition.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 07/13/2021

Co-Listed By

Julian Rasmusson

z' Up North Realty License #40637100

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1955

Lot Details

  • 10 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,336 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Oil, Baseboard, Hot Water
  • Lower Level Bathrooms: 3/4
  • Lvt Date: 07/13/2021
  • Main Level Bathrooms: Ful
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0010-01150
  • Percent Of Bsmnt Finished: 10
  • Real Estate Tax: 1504.00
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 2336
  • Bedroom 1: Size: 16 x 14, On Level: Upper
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 16 x 12, On Level: Upper
  • Bedroom 3: Size: 14 x 10, On Level: Upper
  • Dining Room: Size: 11 x 12, On Level: Main
  • Kitchen: Size: 14 x 12, On Level: Main
  • Living Room: Size: 15 x 31, On Level: Main

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 24 x 40

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 660x660
  • Number Of Acres: 10
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Floberg John W and Floberg Martha M
Bought by
Floberg Cabin Trust and Floberg
Current Estimated Value
$393,862

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 24, 2021
Sold by
Srock Wade L and Srock Kari A
Bought by
Floberg John W and Hickner Martha M
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$295,000
Sold Price
$325,000
Premium/Discount to List
$30,000
10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$211,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Walker Mark H J and Walker Jodi
Bought by
Srock Wade L and Srock Kari A

Purchase Details

Closed on
Dec 23, 2003
Sold by
Walker Mark H J and Walker Jodi
Bought by
Walker Mark H J and Walker Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Walker Donald E V and Walker Sandra M
Bought by
Walker Mark H J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2001
Sold by
Walker Donald E V and Walker Sandra Mae
Bought by
Walker Michal R R
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
Floberg Cabin Trust $500 None Listed On Document
Floberg John W $325,000 Northeast Title Company
Srock Wade L $194,000 Ne Ely
Walker Mark H J -- Ne Title
Walker Mark H J $150,000 Ne Title
Walker Michal R R -- --
Floberg John John $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Floberg John W $211,250
Previous Owner Walker Mark H J $104,000
Previous Owner Walker Mark H J $81,200
Closed Floberg John John $211,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $325,000 +10.2% $139 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $295,000 -- $126 / Sq Ft
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 $3,174 $391,400 $68,000 $323,400
2023 $3,174 $362,700 $61,900 $300,800
2022 $1,628 $317,700 $56,300 $261,400
2021 $1,648 $210,300 $47,900 $162,400
2020 $1,504 $200,900 $47,900 $153,000
2019 $1,232 $200,900 $47,900 $153,000
2018 $1,728 $152,700 $46,600 $106,100
2017 $1,612 $152,800 $46,700 $106,100
2016 $1,586 $140,900 $45,000 $95,900
2015 $1,606 $140,900 $45,000 $95,900
2014 $1,592 $140,900 $45,000 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Jan Erchul

    Seller's Agent in 2021

    Jan Erchul

    Ely Realty

    (218) 349-0515

    53 Total Sales

    Jan Erchul
    Section Image
  • Julian Rasmusson

    Seller Co-Listing Agent in 2021

    Julian Rasmusson

    z' Up North Realty

    (651) 270-8911

    99 Total Sales

    Julian Rasmusson
    Section Image

  • M

    Buyer's Agent in 2021

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 141876

Range Association of REALTORS®

APN: 465001001150

Minnesota St Louis County Ely 55731

2012 Sotlich Rd, Ely, MN

Not Listed for Sale

Detached

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