NOT LISTED FOR SALE

250 E Madison Ave Ely, NV 89301

Estimated Value: $439,093 - $497,000

3 Beds
2 Baths
1,672 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2025

Last sale price $450,000 $269 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,745 / mo

About This Home

Welcome to your dream retreat! Nestled on 5.68 acres of scenic beauty, this stunning home offers breathtaking mountain views in every direction & an abundance of natural light through large, thoughtfully placed windows. Main home is a 2 bed 1 bath w/ vaulted ceilings & cozy fireplace in the spacious living area. Kitchen includes a walk-in pantry, perfect for all your storage needs. Primary bedroom is a true sanctuary, featuring a private balcony to soak in the sunrise & sunset views. This property is loaded with extras, including a 1 bed 1 bath casita ideal for guests, a massive 3,266 sq. ft. barn/shop complete w/ an extra room that can be used however you choose. The fully fenced garden area, corrals, & RV parking offer endless opportunities to enjoy country living. With a durable metal roof, plenty of room to roam, and a setting that’s both peaceful & inspiring, this property blends comfort, functionality, & natural beauty. Come experience the lifestyle you’ve been waiting for!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
Jul 11, 2025
Sold by
Mcnutt Shauna and Mcnutt Jason
Bought by
Leisey Jason A
Seller's Agent
Shannan Cessford
Desert Mountain Realty, Inc
Buyer's Agent
Shannan Cessford
Desert Mountain Realty, Inc
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Views
36
Current Estimated Value
$465,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,773
Avg. Annual Appreciation
4.90%
Original Mortgage
$349,600
Outstanding Balance
$347,184
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$118,589
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Leisey Jason A $450,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisey Jason A $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2025 07/29/25 Sold $450,000 -8.0% $269 / Sq Ft View Prior Sale
06/01/2025 06/01/25 For Sale $489,000 +227.1% $292 / Sq Ft
08/09/2016 08/09/16 Sold $149,500 0.0% $113 / Sq Ft View Prior Sale
07/10/2016 07/10/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $149,500 -- $113 / Sq Ft

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
2025 $3,108 $86,131 $19,252 $66,879
2024 $3,108 $90,854 $19,252 $71,602
2023 $3,108 $77,717 $14,409 $63,308
2022 $2,498 $67,259 $14,409 $52,850
2021 $2,414 $64,971 $14,409 $50,562
2020 $2,257 $61,921 $14,409 $47,512
2019 $2,192 $60,420 $14,409 $46,011
2018 $1,472 $41,443 $14,409 $27,034
2017 $1,430 $41,849 $14,409 $27,440
2016 $1,341 $34,854 $11,522 $23,332
2015 $1,204 $34,971 $11,522 $23,449
2014 $1,204 $34,854 $11,522 $23,332
Source: Public Records

Agents Affiliated with this Home

  • Shannan Cessford

    Seller's Agent in 2025

    Shannan Cessford

    Desert Mountain Realty, Inc

    (775) 289-9800

    144 in this area

    203 Total Sales

    Shannan Cessford
    Section Image

  • V

    Seller's Agent in 2016

    Vivian Almberg

    Desert Mountain Realty, Inc

    (775) 289-3038

    103 in this area

    144 Total Sales

    Vivian Almberg
    Section Image

  • S

    Buyer's Agent in 2016

    Sonja Almberg

    Desert Mountain Realty, Inc

    (775) 296-1111

    152 in this area

    217 Total Sales

    Sonja Almberg
    Section Image
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Map

Nevada White Pine County Ely 89301

250 E Madison Ave, Ely, NV

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.

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