NOT LISTED FOR SALE

2589 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $127,000 - $352,000

4 Beds
1 Bath
1,081 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $32,000 $30 Per Sq Ft

Est. 656% increase in value since last sale

Current estimated payment $1,463/month

196 Days on Market

Highlights

  • Traditional Architecture
  • Bathroom on Main Level
  • Space Heater
  • 2 Car Detached Garage

About This Home

As of March 2016

4 bedroom home on over 6.5 acres! This property features a detached garage 22x24, a 10x14 sauna, and a storage building 24x26. Plenty of room for almost any outdoor enjoyment!

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 09/04/2015

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

  • $225

Lot Details

  • 6.69 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,081 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Basement

  • Partial Basement
  • Stone Basement
  • Crawl Space

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04230

Home Details

Home Type

Single Family

Est. Annual Taxes

$225

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 2589 Grant McMahan Blvd in Ely
  • L O1 Office Phone1 Number: 218-740-3116
  • List Price/ Sq Ft: 29.6
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1081
  • Garage Type: Detached
  • Heat: Space/Wall Heater, Propane
  • TotalBedrooms: 4
  • Year Built: 1111
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block, Rock
  • Estimated Basement Sq Ft: 872
  • Basement Style: Crawl Space, Partial
  • Bathroom 1 Level: Main
  • Fireplace: No
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1081

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Fiber Board

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-03-30
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 6.69
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0040-04230

Tax Info

  • Tax Amount: 225.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Mar 25, 2016
Bought by
Bredesen Matt Matt
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$32,000
Sold Price
$32,000
Current Estimated Value
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,000
Avg. Annual Appreciation
22.09%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Onewest Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 29, 2014
Sold by
Mutka Laura
Bought by
Onewest Bank Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bredesen Matt Matt $32,000 --
Federal National Mortgage Association -- None Available
Onewest Bank Fsb $35,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $32,000 0.0% $30 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $32,000 -- $30 / 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 $1,654 $80,100 $35,800 $44,300
2022 $786 $71,400 $32,900 $38,500
2021 $812 $62,000 $28,500 $33,500
2020 $748 $60,100 $28,500 $31,600
2019 $690 $60,100 $28,500 $31,600
2018 $686 $57,300 $31,200 $26,100
2017 $650 $57,300 $31,200 $26,100
2016 $640 $53,600 $30,000 $23,600
2015 $225 $53,600 $30,000 $23,600
2014 $225 $32,200 $18,000 $14,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018317

APN: 465004004230