NOT LISTED FOR SALE

2175 Highway 1 Ely, MN 55731

Estimated Value: $266,000 - $285,000

3 Beds
1 Bath
1,144 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $105,000 $92 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,635/month

About This Home

As of January 2015

Comfortable ranch rambler with 3 bedrooms, with open kitchen, dining and living area on a spacious 2.85 acre lot. Newer vinyl siding and roof on the home. Detached 2 car garage and wood shed. Updated septic system and dug well. There is a family room in the basement along with a nice old fashioned cedar sauna with electric sauna stove and shower. A newer furnace was installed a few years ago and there is also a Jensen Wood Stove to supplement the oil costs during the cold winter months. Close to Ely and priced below market assessed value, this property is ready for new owners.

Last Listed By

Jerry Fink

Canoe Capital Realty LLC License #20587769 Listed on: 10/31/2014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,172

Year Built

1977

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Oil, Forced Air
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: 3
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0010-00232
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 30
  • Real Estate Tax: 1505.06
  • Style: One Story
  • Total Above Grade Sq Ft: 1144
  • Type: Residential
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1487
  • Bedroom 1: Size: 10 X 13, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Garage Opener, Refrigerator, Washer, Elec. Dryer
  • Basement: Full
  • Bedroom 2: Size: 9 X `13, On Level: Main
  • Bedroom 3: Bedroom, Size: 8.5 x 9, On Level: Main
  • Dining Room: Size: 8 X 10, On Level: Main
  • Kitchen: Size: 10 X 14, On Level: Main
  • Living Room: Size: 12 X 18, On Level: Main
  • Lower Level Sq Ft: 1144
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1144
  • Other Room 2: Bath, Size: 5 x 7, On Level: Main
  • Rec Room: Size: 12 X 14, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24 x 28

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 1000x200
  • Number Of Acres: 2.85
  • Zoning: res 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 10, 2014
Sold by
Dargontina Judith Mae and Dargontina Judith May
Bought by
Macht Adam A
Seller's Agent
Jerry Fink
Canoe Capital Realty LLC
Buyer's Agent
Don Stocks
Wildwoods Land Company
Sold Price
$105,000
Total Days on Market
0
Current Estimated Value
$277,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,289
Avg. Annual Appreciation
10.65%
Original Mortgage
$5,000
Interest Rate
3.94%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Macht Adam A $105,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macht Adam A $76,000
Closed Macht Adam A $36,000
Closed Macht Adam A $5,000
Closed Macht Adam A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $105,000 0.0% $92 / Sq Ft
01/12/2015 01/12/15 Sold $105,000 -3.7% $92 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/31/2014 10/31/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $109,000 -- $95 / 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
2023 $1,172 $192,200 $48,800 $143,400
2022 $1,216 $169,100 $44,500 $124,600
2021 $1,244 $146,700 $38,200 $108,500
2020 $1,128 $140,400 $38,200 $102,200
2019 $1,130 $140,400 $38,200 $102,200
2018 $1,120 $144,100 $41,300 $102,800
2017 $1,000 $144,100 $41,300 $102,800
2016 $976 $132,900 $39,900 $93,000
2014 $1,505 $132,900 $39,900 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2015

    Jerry Fink

    Canoe Capital Realty LLC

    (218) 343-1318

    63 Total Sales

    Section Image
  • Don Stocks

    Buyer's Agent in 2015

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    105 Total Sales

    Don Stocks
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 125449

Range Association of REALTORS®

APN: 465001000232

Minnesota St Louis County Ely 55731

2175 Highway 1, Ely, MN

Homes for Sale in Ely, MN

This home is located at 2175 Highway 1, Ely, MN 55731 since 31 October 2014 and is currently estimated at $277,289, approximately $242 per square foot. This property was built in 1977. 2175 Highway 1 is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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