$105,000
SOLD JAN 12, 2015

2175 Highway 1 Ely, MN 55731

3 Beds
1 Bath
1,144 Sq Ft
2.85 Acres

Recently Sold

$92 Per Sq Ft

4% Below List Price

45 Days on Market

Highlights

  • Sauna
  • Deck
  • Woodwork
  • Open Floorplan
  • 2 Car Detached Garage
  • Bathroom on Main Level

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 Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 09/22/2014

Last Buyer's Agent

Don Stocks

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,172

Year Built

  • 1977

Lot Details

  • 2.85 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Dining Room
  • Sauna

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Gas Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0010-00232

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,172

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Sauna, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Sauna
  • Estimated Number of Acres: 2.85
  • Assessment Balance: 60
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Owned, Water Heater-Gas, Sump Pump
  • Parcel Number: 465-0010-00232
  • Projected Closed Date: 01/16/2015
  • Stories: 1 Story
  • Taxes With Assessments: 1565.06
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Kitchen, 14x10, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 3: Living Room, 18x12, On Level: Main
  • Room 4: Master Bedroom, 13x10, On Level: Main
  • Room 5: Bedroom, 13x9, On Level: Main
  • Room 6: Bedroom, 9x8.5, On Level: Main
  • Room 7: 10x5, On Level: Main
  • Room 8: Family Room, 13x10, On Level: Basement
  • Room 9: Spa/Sauna, 10x7, On Level: Basement
  • Basement Features: Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1144
  • Below Grade Finished Sq Ft: 1144
  • Total Square Footage: 2288

Exterior Features

  • Frontage Road: Highway
  • Construction Type: Frame/Wood
  • Exterior: Vinyl, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil, Wood
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

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
Current Estimated Value
$281,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,398
Avg. Annual Appreciation
9.62%
Original Mortgage
$5,000
Interest Rate
3.94%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 New Conventional
Closed $36,000 Credit Line Revolving
Closed $5,000 Unknown
Closed $84,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $105,000 0.0% $71 / 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: REALTOR® Association of Southern Minnesota

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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4677530

REALTOR® Association of Southern Minnesota

APN: 465001000232