Estimated Value: $212,000 - $245,000
4
Beds
1.5
Baths
1,876
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- Guest House
- Deck
- Finished Attic
- City Lights View
- Wood Flooring
- Corner Lot
About This Home
As of October 2021Very spacious 4-bedroom home PLUS office or rental centrally located in the City of Ely within walking distance to the schools and stores. Excellent opportunity if you are looking to work from home or produce some rental income! The main home features generous room sizes, high ceilings, natural woodwork and many updates. The office / rental has been completely remodeled from the ground up and features one bedroom, living room, kitchen / dining and a 3/4 bath. Nice large yard with established garden beds and beautiful trees. All decks & stairs have been freshly refinished and painted. 2-car off street parking.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $947
Year Built
- Built in 1912
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 125
- Landscaped
- Corner Lot
- Level Lot
Home Design
- Poured Concrete
- Plaster Walls
- Wood Frame Construction
- Asphalt Shingled Roof
- Stucco Exterior
Interior Spaces
- 1,876 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Wood Burning Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Formal Dining Room
- Den
- Wood Flooring
- City Lights Views
- Unfinished Basement
- Partial Basement
- Finished Attic
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer Hookup
Parking
- No Garage
- Driveway
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Boiler Heating System
- Heating System Uses Oil
- Heating System Uses Wood
- Electric Water Heater
- Fuel Tank
Additional Features
- Deck
- Guest House
Listing and Financial Details
- Assessor Parcel Number 030-0370-03720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2021
Closed on
Sep 29, 2021
Sold by
Bennett Larry A and Bennett Susan M
Bought by
Cantwell James
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$173,400
Sold Price
$173,400
Total Days on Market
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,126
Avg. Annual Appreciation
11.51%
Original Mortgage
$164,730
Outstanding Balance
$153,894
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$100,827
Purchase Details
Closed on
Apr 30, 2002
Sold by
Rupe Brian P and Rupe Lynn A
Bought by
Bennett Larry A and Bennett Susan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
7.07%
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
Similar Homes in Ely, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cantwell James | $173,400 | Northeast Title Company | |
| Bennett Larry A | $79,500 | Consolidated Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cantwell James | $164,730 | |
| Previous Owner | Bennett Larry A | $59,000 | |
| Previous Owner | Bennett Larry A | $63,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $173,400 | 0.0% | $92 / Sq Ft |
| 08/26/2021 08/26/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $173,400 | -- | $92 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $85 | $176,500 | $9,100 | $167,400 |
| 2022 | $1,102 | $168,900 | $8,700 | $160,200 |
| 2021 | $1,032 | $98,200 | $7,900 | $90,300 |
| 2020 | $906 | $87,700 | $7,900 | $79,800 |
| 2019 | $848 | $87,700 | $7,900 | $79,800 |
| 2018 | $748 | $86,500 | $7,900 | $78,600 |
| 2017 | $754 | $81,700 | $7,800 | $73,900 |
| 2016 | $852 | $79,000 | $7,100 | $71,900 |
| 2015 | $761 | $51,900 | $5,000 | $46,900 |
| 2014 | $761 | $51,900 | $5,000 | $46,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Davies
Seller's Agent in 2021
Kate Davies
Bear Island Realty LLC
(218) 343-9173
178 Total Sales
-
Lori Schulze
Buyer's Agent in 2021
Lori Schulze
Keller Williams Classic Realty NW - Ely
(218) 343-1787
133 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6096194
APN: 030037003720
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