NOT LISTED FOR SALE

302 E Boundary St Ely, MN 55731

Estimated Value: $181,892 - $209,000

2 Beds
1.5 Baths
3,288 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $125,000 $38 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,259/month

111 Days on Market

Highlights

  • Panoramic View
  • 0.32 Acre Lot
  • Ranch Style House
  • Memorial High School Rated 9+
  • Deck
  • Bonus Room

About This Home

As of December 2022

Great opportunity to make this well kept building on a beautiful corner lot your new home. Ample square footage to work with to customize and renovate to your ideas and design. Updates include new propane furnace, paved parking area, electrical upgrade, some windows, new wood laminate flooring in what was an office. Double entry doors on 2 sides, one leading to a large covered deck. This property has many possibilities and is a good one for you to check out.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 07/08/2022

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1980

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Level Lot
  • Few Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Bonus Room
  • Panoramic Views

Bedrooms and Bathrooms

  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Doors with lever handles
  • Doors are 36 inches wide or more
  • Wheelchair Ramps

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0510-04822/00010/00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Town
  • L O1 Office Phone1 Number: 763-463-7500
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Ada Features: Doors 36”+, Door Lever Handles, Wheelchair Ramp, Grab Bars in Bathroom
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2040
  • Below Grade Finished Sq Ft: 1248
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Den/Office
  • Room 11: Kitchen
  • Room 12: Family Room
  • Bedroom 3: Other
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Family/Rec Room, Kitchen
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor, Full Main Floor
  • Extra Rooms: Foyer, Great Room, Bonus Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Foyer
  • Bathroom 2: Other
  • Main Residence Features:Family Room4: Great Room
  • Bedroom 5: Other
  • Stories: 1 Story
  • Room 6: Other
  • Room 7: Other
  • Room 8: Bathroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3288
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100x140
  • Estimated Number of Acres: 0.32
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Level
  • Parcel Number: 030-0510-04822/00010/00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Dec 20, 2022
Sold by
Praise Fellowship Of Association Of Free and Praise Fellowhip Of Ely
Bought by
Lovald Frederick G and Lovald Cindy R
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$195,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,723
Avg. Annual Appreciation
16.97%
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
Lovald Frederick G $125,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $125,000 0.0% $38 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $125,000 -- $38 / 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
2024 $2,806 $164,800 $11,600 $153,200
2023 $2,806 $128,300 $11,200 $117,100
2022 $175 $120,500 $10,600 $109,900
2021 $125 $101,300 $9,700 $91,600
2020 $105 $90,800 $9,700 $81,100
2019 $105 $90,800 $9,700 $81,100
2018 $140 $89,400 $9,700 $79,700
2017 $140 $109,700 $8,700 $101,000
2016 $140 $106,000 $7,900 $98,100
2015 $120 $0 $0 $0
2014 $120 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2022

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    51 in this area

    122 Total Sales

    Lori Schulze
    Section Image
  • Anna Yahnke

    Buyer's Agent in 2022

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    49 in this area

    183 Total Sales

    Anna Yahnke
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104155

APN: 030051004822

Minnesota St Louis County Ely 55731

302 E Boundary St, 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.

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.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes