NOT LISTED FOR SALE

240 E Boundary St Ely, MN 55731

Estimated Value: $223,000 - $261,000

3 Beds
2 Baths
1,518 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $179,000 $118 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,431/month

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Fireplaces
  • Living Room
  • Memorial High School Rated 9+
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of January 2022

Well planned 1950's 3 bedroom home with Cedar Siding and front Brick accent wall. Excellent location in a quiet neighborhood. Close to the Ely Public Schools. This home has updated vinyl clad windows, roof and a newer 24 x 28 garage which was added in 2003. The fenced in yard abuts the City of Ely property giving you privacy and extra room to enjoy nature. This 3 bedroom home comes with a extra large mudroom and utility room just off the kitchen/dining area. The kitchen is off the sunny south side of the home with a 12 x 12 deck offering a nice spot to relax. The kitchen including vintage Geneva kitchen cabinets and dining area flow together offering a nice area for family dinners and gatherings. The large master bedroom has nice built ins and a large electric fireplace for the ambiance and warmth on those wintery months. The large living area has a nice built wall along with a propane fireplace as the central focal point. Two other bedrooms with hardwood flooring and spacious closets throughout. The Full 9 x 5 main floor bath is centrally located. Updates include a newer vinyl clad windows, electrical entrance, roof and painted cedar siding. An 8 x 10 extra storage shed along with the 24 x 28 two plus metal sided car garage offers ample storage. Ready for a new growing family in a great quiet neighborhood.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 11/24/2021

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x 113

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,518 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 030-0072-00215

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,926

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 240 East Boundary Street
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1518
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Hot Water, Oil
  • Fireplaces: 2
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Bedroom 3: Utility Room
  • TotalBedrooms: 3
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Room 9: Other
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1518
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick, Wood
  • Window Features:Insulated Windows: Energy Windows, Vinyl Frame

Garage/Parking

  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 28

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 75 x 113
  • Estimated Number of Acres: 0.19
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0072-00215

Tax Info

  • Tax Amount: 1926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 21, 2022
Sold by
Dale Whiting
Bought by
Mickelson Brett Robert and Mickelson Deborah Jean
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$179,000
Sold Price
$179,000
Current Estimated Value
$235,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,373
Avg. Annual Appreciation
7.21%
Original Mortgage
$170,525
Outstanding Balance
$157,539
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$77,834

Purchase Details

Closed on
Oct 15, 2003
Sold by
Filson Bruce F and Filson Joan A
Bought by
Bailey Leslie J and Bailey Andrea R

Purchase Details

Closed on
Apr 17, 2003
Sold by
Filson Ann L and Filson Bruce F
Bought by
Filson Bruce F and Roberts Olivia A

Purchase Details

Closed on
Aug 29, 2002
Sold by
Filson Bruce and Filson Joan
Bought by
Burntside Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mickelson Brett Robert $179,500 Northeast Title
Bailey Leslie J $120,000 Northeast Title Co
Bailey Leslie J -- Northeast Title Co
Filson Bruce F $17,000 --
Burntside Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mickelson Brett Robert $170,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $179,000 0.0% $118 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $179,000 -- $118 / Sq Ft
Source: Lake Superior Area 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
2024 $2,376 $196,900 $12,500 $184,400
2023 $2,376 $186,600 $12,100 $174,500
2022 $1,994 $170,100 $11,500 $158,600
2021 $1,926 $142,700 $10,500 $132,200
2020 $1,722 $127,700 $10,500 $117,200
2019 $1,634 $127,700 $10,500 $117,200
2018 $1,538 $125,800 $10,500 $115,300
2017 $1,564 $121,400 $11,500 $109,900
2016 $1,684 $117,300 $10,500 $106,800
2015 $1,564 $95,200 $9,100 $86,100
2014 $1,564 $95,200 $9,100 $86,100
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2022

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    20 in this area

    52 Total Sales

    Jerry Fink
    Section Image
  • Jeff Hway

    Buyer's Agent in 2022

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    37 in this area

    162 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100710

APN: 030007200215

Minnesota St Louis County Ely 55731

240 E Boundary St, Ely, MN

Not Listed for Sale

Detached

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