NOT LISTED FOR SALE

2234 2234 Balsam Ln Ely, MN 55731

Estimated Value: $315,000 - $484,000

2 Beds
1 Bath
576 Sq Ft
$699/Sq Ft Est. Value

About This Home

This home is located at 2234 2234 Balsam Ln, Ely, MN 55731 and is currently estimated at $402,565, approximately $698 per square foot. 2234 2234 Balsam Ln 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
Nov 8, 2023
Sold by
Lema Anthony R and Lema Christine C
Bought by
Christine C Lema Trust and Lema
Current Estimated Value
$402,565

Purchase Details

Closed on
May 3, 2023
Sold by
Burger Philip Vincent and Burger Angela Jeanne
Bought by
Lema Anthony R and Lema Christine C

Purchase Details

Closed on
Feb 5, 2021
Sold by
Kearney Dennis R and Okan Randy A
Bought by
Burger Philip Vincent and Burger Angela Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,230
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
State Of Minnesota
Bought by
Okan Randy A and Kearney Dennis R
Source: Public Records

Range of Values:

Collateral Analytics

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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
Christine C Lema Trust $500 None Listed On Document
Lema Anthony R $320,000 None Listed On Document
Burger Philip Vincent $280,075 None Available
Okan Randy A $73,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burger Philip Vincent $224,230
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
2024 $2,646 $279,100 $192,900 $86,200
2023 $2,646 $255,400 $178,800 $76,600
2022 $1,978 $255,400 $178,800 $76,600
2021 $2,026 $170,600 $132,800 $37,800
2020 $1,904 $169,100 $131,300 $37,800
2019 $1,844 $169,100 $131,300 $37,800
2018 $1,734 $165,500 $131,300 $34,200
2017 $1,746 $156,400 $124,400 $32,000
2016 -- $156,400 $124,400 $32,000
Source: Public Records

Map

Minnesota St Louis County Ely 55731

2234 2234 Balsam Ln, Ely, MN

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