NOT LISTED FOR SALE

4 E Boundary St Ely, MN 55731

Estimated Value: $199,000 - $265,000

2 Beds
1.5 Baths
1,514 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $279,000 $184 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,388/month

93 Days on Market

Highlights

  • Spa
  • Sauna
  • Deck
  • Memorial High School Rated 9+
  • Panoramic View
  • Vaulted Ceiling

About This Home

As of October 2024

All of Ely's Charm wrapped up in this 2 bedroom 2 bath dovetail tamarack 1800's log cabin with meticulous updates and care. This property boosts of the Northwoods with towering pine and a corner lot located within walking distance to the shops, coffee, art and more. Minutes from all recreational activities that you can enjoy including the Ely Golf Course directly across the road. The home has been restored and renovated for modern comforts but generates its rustic charm. Sauna for rest and relaxation. Patio to sit back and take in the your surroundings. Detached garage with paved driveway. This property has a fantastic VRBO rental history and has been accommodating guests for the past 4 years.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 06/23/2024

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Julian Rasmusson

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1935

Lot Details

  • 10,019 Sq Ft Lot
  • Elevated Lot
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Storage Room
  • Sauna
  • Center Hall
  • Wood Flooring
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Finished Basement Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0072-00010/030-0510-04834

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,661

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Home is located on the corner of Central Ave and Boundary St.
  • L O1 Office Phone1 Number: 763-463-7500
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Vaulted Ceilings, Center Hall, Foyer Entry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1190
  • Below Grade Finished Sq Ft: 324
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1935
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Partially Finished, Walkout, Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete, Stone
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Spa/Sauna, Foyer
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Foyer
  • Room 7: Storage Room
  • Room 8: Spa/Sauna
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1514
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Brick, Stone, Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street, Street
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 18x24

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: 50x199/
  • Estimated Number of Acres: 0.23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped, Tree Coverage - Medium, High
  • Parcel Number: 030-0072-00010/030-0510-04834

Tax Info

  • Tax Amount: 3661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2024
Closed on
Oct 21, 2024
Sold by
Kloehn Colleen A and Rahn-Kloehn Cynthia
Bought by
Lemmon Lindsay L
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Julian Rasmusson
Z' Up North Realty
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%
Views
36
Current Estimated Value
$227,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,786
Avg. Annual Appreciation
-16.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Lemmon Lindsay L $279,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $279,000 -3.5% $184 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $289,000 -- $191 / 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 $2,362 $195,800 $10,400 $185,400
2023 $2,362 $185,400 $10,100 $175,300
2022 $3,416 $177,700 $9,600 $168,100
2021 $2,668 $148,700 $8,700 $140,000
2020 $2,574 $132,800 $8,700 $124,100
2019 $2,476 $132,800 $8,700 $124,100
2018 $1,142 $130,700 $8,700 $122,000
2017 $1,158 $101,500 $7,800 $93,700
2016 $1,270 $98,100 $7,100 $91,000
2015 $1,162 $73,500 $5,700 $67,800
2014 $1,162 $73,500 $5,700 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2024

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    50 in this area

    125 Total Sales

    Lori Schulze
    Section Image
  • Julian Rasmusson

    Buyer's Agent in 2024

    Julian Rasmusson

    Z' Up North Realty

    (651) 270-8911

    35 in this area

    99 Total Sales

    Julian Rasmusson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114498

APN: 030007200010

Minnesota St Louis County Ely 55731

4 E Boundary St, Ely, MN

Not Listed for Sale

Detached

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