NOT LISTED FOR SALE

40 E Allaire St Ely, MN 55731

Estimated Value: $197,000 - $355,003

0.97 Acre
$273,197 Price per Acre
42,253 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $18,000

Est. 1,372% increase in value since last sale

Current estimated payment $1,436/month

21 Days on Market

Highlights

  • Panoramic View
  • 0.97 Acre Lot
  • Landscaped with Trees
  • Memorial High School Rated 9+
  • No HOA
  • Elevated Lot

About This Lot

As of December 2023

Nearly an acre of wooded land in the City of Ely, near the golf course. Parcel has very nice tree cover, rolling hills, and a gorgeous view into the valley below! There is a hill in the middle of the parcel with the highest point closer to Allaire St and then running downhill to the west. The building site will be created by excavating the top of the hill closest to Allaire and making a level site with possibly a walkout basement going out to the west into the valley. Great location! Great place to build a new home with privacy in Ely!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 10/24/2023

Co-Listed By

Zachary Hway

Bear Island Realty LLC

Last Buyer's Agent

Beth Ohlhauser

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $328

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 129 x 330
  • Elevated Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Parking

  • Off-Street Parking

Additional Features

  • Panoramic Views
  • No Utilities

Community Details

  • No Home Owners Association
  • Property is near a ravine

Property Details

Property Type

Land

Est. Annual Taxes

$328

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: In Ely, Take Central Avenue south to Allaire St. Turn right and follow to property on the left.
  • L O1 Office Phone1 Number: 218-365-2800
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 18556.7
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2023
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, City

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Available Utilities: City Sewer, City Water, Electric
  • On Site Utilities: None
  • Power Company: City Of Ely

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-10-25
  • Estimated Lot Dimensions: 129 x 330
  • Estimated Number of Acres: 0.97
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Low Land, Ravine, Tree Coverage - Medium, High, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2015
Sold by
Kerntz Kathleen A
Bought by
Harding Anthony D and Harding Shannan M
Current Estimated Value
$265,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,673
Outstanding Balance
$143,777
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$78,521

Purchase Details

Closed on
Aug 9, 2004
Sold by
Kerntz Kathleen A
Bought by
Kerntz Kathleen A and Kathleen A Kerntz Revocable Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harding Anthony D $180,000 Northeast Title Company
Kerntz Kathleen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harding Anthony D $183,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $18,000 0.0% --
11/14/2023 11/14/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $18,000 -- --
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
2023 $40 $2,400 $2,400 $0
2022 $38 $2,300 $2,300 $0
2021 $44 $2,100 $2,100 $0
2020 $40 $2,100 $2,100 $0
2019 $38 $2,100 $2,100 $0
2018 $34 $2,100 $2,100 $0
2017 $34 $1,900 $1,900 $0
2016 $34 $1,700 $1,700 $0
2015 $34 $1,900 $1,900 $0
2014 $35 $1,900 $1,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2023

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    40 in this area

    173 Total Sales

    Jeff Hway
    Section Image

  • Z

    Seller Co-Listing Agent in 2023

    Zachary Hway

    Bear Island Realty LLC

    (651) 341-0383

    11 in this area

    66 Total Sales

    Zachary Hway
    Section Image

  • B

    Buyer's Agent in 2023

    Beth Ohlhauser

    Bear Island Realty LLC

    (218) 235-1676

    6 in this area

    15 Total Sales

    Beth Ohlhauser
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111218

APN: 030007200565

Minnesota St Louis County Ely 55731

40 E Allaire St, Ely, MN

This home is located at 40 E Allaire St, Ely, MN 55731 since 24 October 2023 and is currently estimated at $265,001. 40 E Allaire St is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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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