Riley Lind
eXp Realty
(406) 412-4623
123 Total Sales
4 in Ely
$156K - $230K Price Range
4
Beds
2
Baths
4,164
Sq Ft
1910
Built
About This Home
As of January 2025"Coolest Small Towns" and a gateway to the BWCA (Boundary Waters Canoe Area) you have an incredible investment opportunity! Perfect for short-term or long-term rentals the existing duplex with updated units is already generating steady income. Each unit has 2 BR/1BA and offers beautifully updated interiors, an attached garage, and laundry facilities. The roof was installed in 2019. Each unit is 748 sq. ft. Duplex also has been insulated and new LP smart siding.
Last Agent to Sell the Property
z' Up North Realty License #40149923 Listed on: 11/18/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,538
Year Built
- Built in 1910
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 4,164 Sq Ft Home
- Basement Fills Entire Space Under The House
Lot Details
- Lot Dimensions are 75 x 50
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $2,500
- Utility Expense $983
- Gross Income $18,000
- Net Operating Income $13,452
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Jan 30, 2025
Sold by
Bought by
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Delaney Maki
Thrive Realty LLC
List Price
$280,000
Sold Price
$278,000
Premium/Discount to List
-$2,000
-0.71%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Outstanding Balance
$219,096
Interest Rate
6.91%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 18, 2024
Closed on
Dec 21, 2024
Sold by
Bought by
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Delaney Maki
Thrive Realty LLC
List Price
$280,000
Sold Price
$278,000
Premium/Discount to List
-$2,000
-0.71%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Outstanding Balance
$219,096
Interest Rate
6.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2009
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ely, MN
-
Riley Lind
-
Greg Hoffman
Greg Hoffman
Edina Realty, Inc.
(218) 748-1151
152 Total Sales
4 in Ely
$27K - $120K Price Range
-
Jerry Fink
Jerry Fink
Canoe Capital Realty, LLC
(218) 626-6559
43 Total Sales
16 in Ely
$26K - $275K Price Range
-
Brina Guyer
Brina Guyer
MN DIRECT PROPERTIES
(218) 245-4331
139 Total Sales
1 in Ely
$100,000 Price
-
Andrea Zupancich
Andrea Zupancich
Z'Up North Realty, Inc.
(218) 748-1345
407 Total Sales
116 in Ely
$18K - $675K Price Range
-
Julian Rasmusson
Julian Rasmusson
z' Up North Realty
(218) 413-2913
99 Total Sales
55 in Ely
$55K - $649K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $55,000 | Northeast Title | ||
| $500 | None Listed On Document | ||
| $115,000 | Northwest Title | ||
| $197,000 | Ne Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $222,400 | ||
| Closed | $44,000 | ||
| Previous Owner | $92,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $278,000 | -0.7% | $67 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | For Sale | $280,000 | -- | $67 / Sq Ft |
Source: Range Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,546 | $67,100 | $6,500 | $60,600 |
| 2023 | $1,492 | $227,300 | $9,100 | $218,200 |
| 2022 | $4,778 | $215,600 | $8,700 | $206,900 |
| 2021 | $4,394 | $180,100 | $7,900 | $172,200 |
| 2020 | $3,974 | $160,500 | $7,900 | $152,600 |
| 2019 | $3,840 | $160,500 | $7,900 | $152,600 |
| 2018 | $3,952 | $157,900 | $7,900 | $150,000 |
| 2017 | $14,730 | $162,800 | $8,400 | $154,400 |
| 2016 | $5,764 | $157,700 | $7,800 | $149,900 |
| 2014 | $4,184 | $163,000 | $8,600 | $154,400 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Zupancich
Seller's Agent in 2025
Andrea Zupancich
z' Up North Realty
(218) 749-0159
407 Total Sales
-
Delaney Maki
Buyer's Agent in 2025
Delaney Maki
Thrive Realty LLC
(218) 295-2866
163 Total Sales
Map
Source: Range Association of REALTORS®
MLS Number: 147736
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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