NOT LISTED FOR SALE

277 N 5th Ave E Ely, MN 55731

Ely Area

Estimated Value: $143,000 - $147,685

2 Beds
1 Bath
1,008 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2021

Last sale price $112,000 $111 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $830 / mo

17 Days on Market

Highlights

  • 0.3 Acre Lot
  • Traditional Architecture
  • Bathroom on Main Level
  • Memorial High School Rated 9+
  • Living Room
  • Utility Room

About This Home

As of December 2021

Newly remodeled home since purchase in 2017. Move in ready. Great starter home and location. New propane boiler in 2018. Large lot which would give a new owner opportunity to build a garage. Plenty of off street parking.

Last Agent to Sell the Property

Chad Davis

Canoe Capital Realty, LLC License #MN 40516597 Listed on: 10/06/2021

Last Buyer's Agent

Janet Erchul

Ely Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1890

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 54x181

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 030-0285-00350

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1890

Lot Details

0.3 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Sheridan St. head north on 5th Avenue to house number (277).
  • L O1 Office Phone1 Number: 218-365-8689
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1008
  • Garage Type: None
  • Heat: Boiler, Radiant, Propane
  • MainFloorBath: Yes
  • Bedroom 3: Utility Room
  • TotalBedrooms: 2
  • Year Built: 1890
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Crawl Space, Partial, Posts
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1008
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 54x181
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0285-00350

Tax Info

  • Tax Amount: 699

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
Oct 6, 2021
Closed on
Dec 3, 2021
Sold by
Bought by
Seller's Agent
Chad Davis
Canoe Capital Realty, LLC
Buyer's Agent
Janet Erchul
Ely Realty
List Price
$112,000
Sold Price
$112,000
Current Estimated Value
$145,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,171
Avg. Annual Appreciation
5.74%
Original Mortgage
$89,600
Outstanding Balance
$80,906
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$64,265

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 6, 2017
Sold by
Bought by
Seller's Agent
Karen Zupancich
Edina Realty, Inc.
Buyer's Agent
Karen Zupancich
Edina Realty, Inc.
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.90%

Purchase Details

Closed on
Sep 23, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ely, MN

  • Jerry Fink Real Estate Agent - Canoe Capital Realty, LLC

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 626-6559

    43 Total Sales

    16 in Ely

    $26K - $275K Price Range

    Jerry Fink
     Section Image
  • Brina Guyer Real Estate Agent - MN DIRECT PROPERTIES

    Brina Guyer

    MN DIRECT PROPERTIES

    (218) 245-4331

    139 Total Sales

    1 in Ely

    $100,000 Price

    Brina Guyer
     Section Image
  • Riley Lind Real Estate Agent - eXp Realty

    Riley Lind

    eXp Realty

    (406) 412-4623

    123 Total Sales

    4 in Ely

    $156K - $230K Price Range

    Riley Lind
     Section Image
  • Greg Hoffman Real Estate Agent - Edina Realty, Inc.

    Greg Hoffman

    Edina Realty, Inc.

    (218) 748-1151

    152 Total Sales

    4 in Ely

    $27K - $120K Price Range

    Greg Hoffman
     Section Image
  • Andrea Zupancich Real Estate Agent - Z'Up North Realty, Inc.

    Andrea Zupancich

    Z'Up North Realty, Inc.

    (218) 748-1345

    407 Total Sales

    116 in Ely

    $18K - $675K Price Range

    Andrea Zupancich
     Section Image
  • Julian Rasmusson Real Estate Agent - z' Up North Realty

    Julian Rasmusson

    z' Up North Realty

    (218) 413-2913

    99 Total Sales

    55 in Ely

    $55K - $649K Price Range

    Julian Rasmusson
     Section Image
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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
$112,000 Northeast Title
$10,000 Northeast Title Company
$50,000 Northeast Title Company
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 $89,600
Previous Owner $75,000
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 Prior Sale
12/07/2021 12/07/21 Sold $112,000 0.0% $111 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $112,000 +1020.0% $111 / Sq Ft
02/09/2017 02/09/17 Sold $10,000 -- $8 / Sq Ft View Prior Sale
01/20/2017 01/20/17 Pending -- -- --
Source: Lake Superior Area 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 $386 $77,500 $13,800 $63,700
2023 $372 $73,600 $13,300 $60,300
2022 $240 $45,600 $12,600 $33,000
2021 $784 $39,000 $11,500 $27,500
2020 $710 $35,900 $11,500 $24,400
2019 $684 $35,900 $11,500 $24,400
2018 $704 $35,500 $11,500 $24,000
2017 $1,128 $36,700 $9,400 $27,300
2016 $696 $35,000 $8,500 $26,500
2015 $682 $36,800 $9,500 $27,300
2014 $682 $36,800 $9,500 $27,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chad Davis

    Canoe Capital Realty, LLC

    (218) 235-3962

    23 Total Sales

    Chad Davis
    Section Image
  • Janet Erchul Real Estate Agent - Ely Realty

    Buyer's Agent in 2021

    Janet Erchul

    Ely Realty

    (218) 365-2100

    63 Total Sales

    Janet Erchul
    Section Image

  • K

    Seller's Agent in 2017

    Karen Zupancich

    Edina Realty, Inc.

    (218) 349-2565

    12 Total Sales

    Karen Zupancich
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100054

APN: 030028500350

Minnesota St Louis County Ely 55731

277 N 5th Ave E, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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