NOT LISTED FOR SALE

404 W Shagawa Rd Ely, MN 55731

Estimated Value: $76,000 - $119,000

3 Beds
1.5 Baths
1,076 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $71,500 $66 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $592/month

5 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathroom on Main Level
  • Memorial High School Rated 9+
  • Living Room
  • Under Construction

About This Home

As of August 2024

Farmhouse style home on a generous lot. This 3 bedroom home is currently a gutted shell ready for your restoration and design. It has been brought down to the studs in order to gain access for new plumbing, electric, and insulation. As part of the seller disclosures a separate document is available detailing all the work that has been performed to get it to it's current state. The upstairs is the location of the bedrooms and a bath. The main level includes a large back entry room, kitchen, living room, and bath. Full basement. Great location in Ely and direct access to both the Trezona and the Mesabi bike trails. Realize your dream and bring this home to completion with all your creative ideas.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 07/16/2024

Last Buyer's Agent

Janet Erchul

Ely Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1910 | Under Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 163

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0030-03640

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1910 | Under Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From downtown Ely, North on Central Ave to W Shagawa Rd, take a left to property
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1076
  • Garage Type: None
  • Heat: None
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1910
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor, Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1076
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Under Construction
  • Exterior: Wood

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: 50 x 163
  • Estimated Number of Acres: 0.19
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0030-03640

Tax Info

  • Tax Amount: 895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Aug 8, 2024
Sold by
Ridge Jon and Mikolai Judith
Bought by
Coursolle Todd and Coursolle Stephanie
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Janet Erchul
Ely Realty
List Price
$79,000
Sold Price
$71,500
Premium/Discount to List
-$7,500
-9.49%
Views
5
Current Estimated Value
$96,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,652
Avg. Annual Appreciation
23.38%

Purchase Details

Closed on
Jun 16, 2023
Sold by
Ridge Jon William and Ridge Judith Ann
Bought by
Ridge Isaak Mikolai and Wightman Virginia Ella

Purchase Details

Closed on
Jun 1, 2023
Sold by
Ridge Jon and Mikolai Judith
Bought by
Ridge Isaak and Wightman Virginia

Purchase Details

Closed on
Aug 6, 2022
Sold by
Kristianson Bryant N
Bought by
Ridge Jon William and Mikolal Judith Ann

Purchase Details

Closed on
Oct 2, 2003
Sold by
Kristianson Janet L and Kristianson Janet
Bought by
Kristianson Bryant N
Source: Public Records

Range of Values:

--
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.

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
Coursolle Todd $71,500 --
Ridge Isaak Mikolai -- --
Ridge Isaak $60,000 --
Ridge Jon William $62,000 Northeast Title Company
Kristianson Bryant N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $71,500 -9.5% $66 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $79,000 +27.4% $73 / Sq Ft
12/30/2022 12/30/22 Sold $62,000 0.0% $58 / Sq Ft View Prior Sale
07/03/2022 07/03/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $62,000 -- $58 / 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 $1,070 $59,700 $12,200 $47,500
2023 $1,070 $57,000 $11,800 $45,200
2022 $980 $22,700 $11,200 $11,500
2021 $462 $19,300 $10,100 $9,200
2020 $414 $18,200 $10,100 $8,100
2019 $396 $18,200 $10,100 $8,100
2018 $396 $18,200 $10,100 $8,100
2017 $408 $18,300 $7,700 $10,600
2016 $380 $17,800 $7,700 $10,100
2015 $381 $17,200 $7,700 $9,500
2014 $381 $17,200 $7,700 $9,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    46 in this area

    135 Total Sales

    Trish Bulinski
    Section Image
  • Janet Erchul

    Buyer's Agent in 2024

    Janet Erchul

    Ely Realty

    (218) 365-2100

    30 in this area

    65 Total Sales

    Janet Erchul
    Section Image
  • Anna Yahnke

    Seller's Agent in 2022

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    48 in this area

    177 Total Sales

    Anna Yahnke
    Section Image
  • Kate Davies

    Seller Co-Listing Agent in 2022

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    167 Total Sales

    Kate Davies
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114962

APN: 030003003640

Minnesota St Louis County Ely 55731

404 W Shagawa Rd, Ely, MN

Not Listed for Sale

Detached

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