NOT LISTED FOR SALE

43 W Shagawa Rd Ely, MN 55731

Estimated Value: $76,000 - $153,000

2 Beds
0.5 Bath
820 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $35,000 $43 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $727/month

21 Days on Market

Highlights

  • 0.31 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Valley View
  • Den
  • Bungalow

About This Home

As of June 2020

Older home located at the very end of West Shagawa Rd. in the Ely city limits. Handyman special home is in need of remodeling, but has been lived in until just recently. Main floor consists of a large kitchen, 2 bedrooms (one large and one smaller one), living room, and a small bathroom. The basement level is a walkout basement that is unfinished, except for a nice office room that has been used as a photography studio room. Home is heated with a forced air/fuel oil furnace and is presently heated and operational. Detached 26 x 22 one stall garage with a wood burning stove for heat. The location is quite nice with access from West Shagawa Rd. on the front side and a driveway to the back of the house and garage from another street. .Property has a private feeling-- being at the end of the road and also adjoins county and city property to the west where there is an older bridge over a small creek and a nearby trail that is used by snowmobilers/skiiers in the winter, and hikers/runners in the summer.

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 02/03/2020

Last Buyer's Agent

Jerry Fink

Canoe Capital Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $236

Year Built

  • Built in 1896

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 130 x 106

Home Design

  • Bungalow
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Valley Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 0.5 Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 030-0330-00640 and 030-0500-00342

Home Details

Home Type

Single Family

Est. Annual Taxes

$236

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Ely - in the city limits
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 42.68
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Valley
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 728
  • Below Grade Finished Sq Ft: 92
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1896
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 820
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Asphalt

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26 x 22

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-02-03
  • Estimated Lot Dimensions: 130 x 106
  • Estimated Number of Acres: 0.31
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0330-00640 and 030-0500-00342

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jun 25, 2020
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$123,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,656
Avg. Annual Appreciation
25.44%
Interest Rate
3.13%
Source: Public Records

Range of Values:

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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
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed -- --
Previous Owner Passananti Bernard F $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $35,000 0.0% $43 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $35,000 -- $43 / 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
2023 $600 $29,900 $14,400 $15,500
2022 $468 $24,000 $13,600 $10,400
2021 $494 $20,700 $12,400 $8,300
2020 $152 $19,800 $12,400 $7,400
2019 $144 $19,800 $12,400 $7,400
2018 $114 $19,700 $12,400 $7,300
2017 $160 $15,100 $9,800 $5,300
2016 $152 $14,900 $9,800 $5,100
2015 $152 $14,500 $9,800 $4,700
2014 $152 $14,500 $9,800 $4,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    40 in this area

    171 Total Sales

    Section Image
  • Jerry Fink

    Buyer's Agent in 2020

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    24 in this area

    57 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6088162

APN: 030050000342

Minnesota St Louis County Ely 55731

43 W Shagawa Rd, Ely, MN

This home is located at 43 W Shagawa Rd, Ely, MN 55731 since 03 February 2020 and is currently estimated at $111,974, approximately $136 per square foot. This property was built in 1896. 43 W Shagawa Rd 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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