NOT LISTED FOR SALE

203 Cedar Ln Ely, MN 55731

Estimated Value: $236,000 - $655,000

2 Beds
1.5 Baths
1,343 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $59,900 $45 Per Sq Ft

Est. 603% increase in value since last sale

Current estimated payment $2,345/month

171 Days on Market

About This Home

As of June 2023

Dome home located in a quiet location. First Look Period Applies, only owner occupant offers will be considered the first 20 days. Investor offers after 12-11-22

Last Agent to Sell the Property

Ryan Belt

Iron Country Realty License #40277624 Listed on: 11/21/2022

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty Northwest License #40669422

Keller Williams Classic Realty Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1981

Lot Details

  • 1.79 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • 1,343 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 28-6370-07030

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Lvt Date: 11/21/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 28-6370-07030
  • Real Estate Tax: 736
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1981
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1343
  • Bedroom 1: Size: 20x12, On Level: Main
  • Total Bathrooms: 1.5
  • Bedroom 2: Size: 13x15, On Level: Main
  • Kitchen: Size: 14x14, On Level: Main
  • Living Room: Size: 14x28, On Level: Main
  • Main Level Bedrooms: 1

Garage/Parking

  • Garage Capacity: 2
  • Garage Size: 24x36

Lot Info

  • Lot Size: Dimensions: 390x390
  • Number Of Acres: 1.79
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
May 26, 2023
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bollis Christopher and Bollis Rachel
Seller's Agent
Ryan Belt
Iron Country Realty
Buyer's Agent
Jim Burke
Keller Williams Classic Realty Northwest
List Price
$158,900
Sold Price
$59,900
Premium/Discount to List
-$99,000
-62.3%
Views
5207
Current Estimated Value
$421,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,358
Avg. Annual Appreciation
116.85%
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
Bollis Christopher $59,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $59,900 0.0% $45 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $59,900 -26.9% $45 / Sq Ft
03/22/2023 03/22/23 Price Changed $81,900 -19.6% $61 / Sq Ft
03/01/2023 03/01/23 Price Changed $101,900 -2.9% $76 / Sq Ft
02/15/2023 02/15/23 Price Changed $104,900 -4.5% $78 / Sq Ft
02/03/2023 02/03/23 Price Changed $109,900 -12.0% $82 / Sq Ft
01/17/2023 01/17/23 Price Changed $124,900 -21.4% $93 / Sq Ft
11/21/2022 11/21/22 For Sale $158,900 -- $118 / 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
2025 $1,586 $185,600 $50,000 $135,600
2024 $942 $188,700 $46,900 $141,800
2023 $1,039 $183,900 $46,900 $137,000
2022 $736 $183,900 $46,900 $137,000
2021 $711 $140,600 $49,300 $91,300
2020 $787 $102,500 $48,000 $54,500
2019 $79 $102,400 $47,900 $54,500
2018 $807 $136,600 $47,900 $88,700
2017 $730 $137,600 $47,900 $89,700
2016 $719 $132,600 $52,300 $80,300
2015 $987 $134,200 $52,800 $81,400
2014 $987 $0 $0 $0
2013 $753 $0 $0 $0
2012 $765 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ryan Belt

    Iron Country Realty

    (218) 410-9009

    45 Total Sales

    Ryan Belt
    Section Image

  • J

    Buyer's Agent in 2023

    Jim Burke

    Keller Williams Classic Realty Northwest

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 144500

Range Association of REALTORS®

APN: 28-6370-07030

Minnesota Lake County Ely 55731

203 Cedar Ln, Ely, MN

Not Listed for Sale

Detached

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