NOT LISTED FOR SALE

257 N 5th Ave E Ely, MN 55731

Estimated Value: $163,000 - $218,000

2 Beds
2 Baths
1,498 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $32,000 $21 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $1,065/month

52 Days on Market

About This Home

As of July 2019

Charming 2 bedroom home in the heart of Ely. Large open kitchen and living area make a great space for entertaining. The large two stall garage and storage shed will give you plenty of storage for all your toys. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274

Last Agent to Sell the Property

Anita Raushel

Iron Country Realty License #40196962 Listed on: 05/10/2019

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,498 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 030-0285-00330

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Lvt Date: 05/10/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 030-0285-00330
  • Real Estate Tax: 448
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1498
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1890
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1498
  • Bedroom 1: Size: 12x14
  • Total Bathrooms: 2
  • Bedroom 2: Size: 10x12
  • Kitchen: Size: 10x8
  • Living Room: Size: 20x10
  • Lower Level Sq Ft: 1052
  • Main Level Sq Ft: 1052
  • Upper Level Sq Ft: 446

Exterior Features

  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Size: 22x32

Utilities

  • Utilities: City Water, City Sewer

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 155x45
  • Number Of Acres: 0.16
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Larson Todd
Bought by
Gheen Jerod M and Gheen Katherine L
Current Estimated Value
$182,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$97,270
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$85,096

Purchase Details

Closed on
Feb 4, 2020
Sold by
Lafave Leanne Kaye
Bought by
Larson Todd

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 19, 2019
Sold by
Larson Kaitlyn Rose
Bought by
Lafave Leanne Kaye
Seller's Agent
Anita Raushel
Iron Country Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$49,900
Sold Price
$32,000
Premium/Discount to List
-$17,900
-35.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.17%

Purchase Details

Listed on
May 10, 2019
Closed on
Jul 18, 2019
Sold by
Wells Fargo Bank Na
Bought by
Larson Kaitlyn Rose
Seller's Agent
Anita Raushel
Iron Country Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$49,900
Sold Price
$32,000
Premium/Discount to List
-$17,900
-35.87%

Purchase Details

Closed on
Sep 12, 2018
Sold by
Kisch Gary H and Kisch Tammy L
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

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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
Gheen Jerod M $135,000 Northeast Title Company
Larson Todd -- None Available
Lafave Leanne Kaye -- None Available
Larson Kaitlyn Rose $32,000 None Available
Wells Fargo Bank N A $45,217 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gheen Jerod M $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $32,000 +7.0% $21 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $29,900 -40.1% $20 / Sq Ft
05/10/2019 05/10/19 For Sale $49,900 -- $33 / Sq Ft
Source: Range Association of 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 $1,296 $136,600 $10,000 $126,600
2023 $1,296 $129,200 $9,600 $119,600
2022 $1,152 $120,100 $9,200 $110,900
2021 $1,088 $100,700 $8,300 $92,400
2020 $958 $90,200 $8,300 $81,900
2019 $896 $90,200 $8,300 $81,900
2018 $766 $88,800 $8,300 $80,500
2017 $720 $82,600 $7,400 $75,200
2016 $776 $79,800 $6,700 $73,100
2015 $575 $45,400 $4,500 $40,900
2014 $575 $42,100 $4,400 $37,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Anita Raushel

    Iron Country Realty

    (218) 254-7101

    1 in this area

    76 Total Sales

    Anita Raushel
    Section Image

  • M

    Buyer's Agent in 2019

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 137035

Range Association of REALTORS®

APN: 030028500330

Minnesota St Louis County Ely 55731

257 N 5th Ave E, Ely, MN

This home is located at 257 N 5th Ave E, Ely, MN 55731 since 10 May 2019 and is currently estimated at $182,366, approximately $121 per square foot. This property was built in 1890. 257 N 5th Ave E is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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.

Range Association of REALTORS® 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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