NOT LISTED FOR SALE

2245 Reed Rd Ely, MN 55731

Estimated Value: $2,424,000 - $3,333,548

1 Bed
1 Bath
5,016 Sq Ft
$574/Sq Ft Est. Value

About This Home

This home is located at 2245 Reed Rd, Ely, MN 55731 and is currently estimated at $2,878,774, approximately $573 per square foot. 2245 Reed Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
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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

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 $24,538 $2,221,900 $1,008,100 $1,213,800
2023 $24,538 $2,022,100 $951,000 $1,071,100
2022 $19,426 $1,699,200 $808,100 $891,100
2021 $19,562 $1,463,800 $686,700 $777,100
2020 $16,272 $1,427,000 $686,700 $740,300
2019 $10,310 $1,266,200 $686,700 $579,500
2018 $8,888 $847,000 $684,000 $163,000
2017 $8,948 $747,900 $684,100 $63,800
2016 $9,388 $747,900 $684,100 $63,800
2015 $9,972 $783,500 $719,700 $63,800
2014 $9,972 $830,500 $767,900 $62,600
Source: Public Records

Map

Minnesota St Louis County Ely 55731

2245 Reed Rd, Ely, MN

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