NOT LISTED FOR SALE

244 W Sheridan St Ely, MN 55731

Estimated Value: $226,257

2 Beds
1 Bath
1,525 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $225,000 $148 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,573/month

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Traditional Architecture
  • 1 Car Detached Garage
  • Living Room

About This Home

As of April 2024

Charming Turnkey 2BR 1BA home on a generous corner lot. Many updates over the past recent years including: newer windows, hotwater propane boiler for both the heat and hotwater, mini split for both air conditioning and heat, lighting, interior and exterior paint. The bathroom features a tub with shower surround and bamboo flooring. The main floor is open with combined living room and dining room. The kitchen is bright and features an island w/ power, newer sink, faucet, countertop, bamboo flooring, and appliances. The cozy bedrooms are located upstairs on either side of the larger landing, the location of the mini split airconditioner. The exterior features a detached 1 stall garage with new door and opener, a generous back deck and large yard perfect for many months of outdoor entertaining. Newly shingled in 2022 and stained deck in 2023. Great location; walking distance to much of what the town has to offer. Includes all the charming furnishings. Currently used as AirBnB rental with historically excellent ratings.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 04/12/2024

Last Buyer's Agent

Connie Coughlin

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1938

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48 x 125
  • Property fronts a state road

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • Multi-Level Property
  • Entryway
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0260-00470

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Sheridan Street to Address; on the corner of Sheridan and W 2nd. See sign
  • InternetOptions: Cable, DSL, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 147.54
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 950
  • Below Grade Finished Sq Ft: 575
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Hot Water, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1938
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Entry
  • Room 8: Deck
  • Room 9: Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1525
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, State
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Parking Driveway: Street
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2024-04-13
  • Estimated Lot Dimensions: 48 x 125
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0260-00470

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 24, 2024
Sold by
Quintiliano Marcus and Burian-Quintiliano Michele
Bought by
Sheridan Inn Llc
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Connie Coughlin
Bear Island Realty LLC
List Price
$223,500
Sold Price
$225,000
Premium/Discount to List
$1,500
0.67%
Views
4
Current Estimated Value
$226,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,257
Avg. Annual Appreciation
1.38%

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 24, 2022
Sold by
Secret Sisters Ii Company
Bought by
Quintiliano Marcus David and Burian-Quintiliano Michele Carrie
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$194,000
Sold Price
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Secret Sisters Boutique Inc
Bought by
Lazy Dog Mercantile Inc and Secret Sisters Ii Company

Purchase Details

Closed on
Oct 21, 2004
Sold by
Chernak Paul and Chernak Dorothy
Bought by
Secret Sisters Consignment Shop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2003
Sold by
Lampi Ronald R and Lampi Ruth Marie
Bought by
Chernak Paul and Chernak Dorothy
Source: Public Records

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
Sheridan Inn Llc $225,000 --
Quintiliano Marcus David $194,000 Northeast Title
Lazy Dog Mercantile Inc $90,000 Northeast Title Company
Secret Sisters Consignment Shop Inc $92,000 Consolidated Title & Abstrac
Chernak Paul $62,500 Consolidated Hbg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Secret Sisters Consignment Shop Inc $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $225,000 +0.7% $148 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $223,500 +15.2% $147 / Sq Ft
10/25/2022 10/25/22 Sold $194,000 0.0% $127 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $194,000 -- $127 / 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
2023 $3,882 $143,400 $22,000 $121,400
2022 $3,546 $105,600 $18,300 $87,300
2021 $2,506 $89,500 $16,700 $72,800
2020 $2,314 $81,200 $16,700 $64,500
2019 $2,222 $81,200 $16,700 $64,500
2018 $2,160 $80,200 $16,700 $63,500
2017 $2,636 $77,500 $23,500 $54,000
2016 $2,846 $73,900 $21,400 $52,500
2015 $2,754 $77,800 $23,800 $54,000
2014 $2,754 $77,800 $23,800 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113108

APN: 030026000470