NOT LISTED FOR SALE

2899 Rainbow Island Dr Ely, MN 55731

Estimated Value: $502,000 - $691,000

3 Beds
1 Bath
1,170 Sq Ft
$506/Sq Ft Est. Value

About This Home

This home is located at 2899 Rainbow Island Dr, Ely, MN 55731 and is currently estimated at $592,554, approximately $506 per square foot. 2899 Rainbow Island Dr is a home with nearby schools including Washington Elementary School and Memorial High School.

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

Closed on
Oct 4, 2013
Sold by
Bought by
Current Estimated Value
$592,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$51,433
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$541,121
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
$286,933 Ne Title
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 $200,000
Source: Public Records

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 $5,064 $457,400 $314,400 $143,000
2023 $4,408 $443,200 $296,700 $146,500
2022 $4,226 $374,400 $252,500 $121,900
2021 $3,974 $321,100 $214,900 $106,200
2020 $3,688 $321,100 $214,900 $106,200
2019 $3,968 $321,100 $214,900 $106,200
2018 $3,936 $354,900 $289,200 $65,700
2017 $3,970 $354,900 $289,200 $65,700
2016 $4,066 $354,900 $289,200 $65,700
2015 $3,727 $369,800 $304,100 $65,700
2014 $3,727 $363,300 $300,600 $62,700
Source: Public Records

Map

Minnesota St Louis County Ely 55731

2899 Rainbow Island Dr, Ely, MN

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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