NOT LISTED FOR SALE

247 N 5th Ave E Ely, MN 55731

Estimated Value: $178,000 - $193,087

3 Beds
2 Baths
2,378 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $174,500 $73 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,072/month

25 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 2 Fireplaces
  • Memorial High School Rated 9+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2024

Nice, well cared for 3 bedroom, 2 bath older home with 1,600 sq. ft. of living space. Updates include new knotty pine paneling, hardwood bamboo flooring, new carpeting, field stone gas fireplace, and main floor laundry. Main floor has large kitchen/dining area, 3⁄4 bathroom, living room, master bedroom, laundry area and 4 season porch with wood burning stove. Upper level has 2 bedrooms, office and full bath. Large basement with workshop and storage. 2 car detached garage with lean-to for extra storage. Home has vinyl siding and metal roof. Sewer is compliant. Move in condition and walking distance to shops.

Last Agent to Sell the Property

Don Stocks

Wildwoods Land Company Listed on: 06/10/2024

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 147 x 40

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0285-00320

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,919

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In town - sign at property
  • L O1 Office Phone1 Number: 218-365-3665
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1578
  • Below Grade Finished Sq Ft: 800
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • Fireplaces: 2
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Bathroom
  • Room 11: Workshop
  • Room 12: Deck
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1890
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Basement
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Upper
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Entry
  • Fireplace: Yes
  • Den Fireplace Type: Multiple - See Remarks
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Master Bedroom
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: 4 Season Porch
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2378
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26 x 22

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 147 x 40
  • Estimated Number of Acres: 0.12
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0285-00320

Tax Info

  • Tax Amount: 1919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 31, 2024
Sold by
Meyer Brittany R and Reddington Noah
Bought by
Floyd Donna
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$175,000
Sold Price
$174,500
Premium/Discount to List
-$500
-0.29%
Views
15
Current Estimated Value
$185,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,022
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Oct 17, 2020
Closed on
Dec 4, 2020
Sold by
Stage Elise and Stage Taner
Bought by
Reddington Noah and Meyer Brittany R
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$114,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 8, 2017
Sold by
Baber Carla J and Palmer Gerald
Bought by
Stage Elise
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Jim Burke
Keller Williams Classic Realty Northwest
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.31%
Original Mortgage
$47,212
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2007
Sold by
Baber Carla J
Bought by
Palmer Gerald and Baber Carla J
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
Floyd Donna $174,551 Northeast Title
Reddington Noah $120,000 Northeast Title Company
Stage Elise $58,000 None Available
Palmer Gerald -- None Available
Reddington Noah Noah $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddington Noah $114,000
Previous Owner Stage Elise $47,212
Closed Reddington Noah Noah $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $174,500 -0.3% $73 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $175,000 +45.8% $74 / Sq Ft
12/04/2020 12/04/20 Sold $120,000 0.0% $39 / Sq Ft View Prior Sale
10/19/2020 10/19/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $120,000 +106.9% $39 / Sq Ft
04/28/2017 04/28/17 Sold $58,000 -- $38 / Sq Ft View Prior Sale
04/04/2017 04/04/17 Pending -- -- --
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 $1,162 $129,000 $8,300 $120,700
2023 $1,162 $122,100 $8,000 $114,100
2022 $2,004 $116,900 $7,600 $109,300
2021 $1,896 $97,900 $6,900 $91,000
2020 $1,722 $87,600 $6,900 $80,700
2019 $1,652 $87,600 $6,900 $80,700
2018 $782 $86,100 $6,900 $79,200
2017 $828 $85,400 $5,900 $79,500
2016 $928 $82,500 $5,300 $77,200
2015 $834 $55,800 $3,900 $51,900
2014 $834 $55,800 $3,900 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114167

APN: 030028500320