NOT LISTED FOR SALE

434 S 5th Ave E Ely, MN 55731

Estimated Value: $198,000 - $352,000

4 Beds
2 Baths
3,136 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $100,000 $32 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,360/month

223 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Mud Room
  • Memorial High School Rated 9+
  • Corner Lot
  • Lower Floor Utility Room

About This Home

As of November 2016

Fresh paint throughout and a lower price make this solid full brick home with a newer roof an excellent opportunity. One level living in a great neighborhood. This home features 4 bedrooms and two baths, 2 fireplaces, rec room with plenty of storage. Open kitchen and dining area with custom Gruba cabinets. Plenty of natural light; nicely landscaped. Updated electrical. This home is priced below the market value. Outside features a screen porch/storage area for your garden tools. There is a nice spot for a garage. Easy to show. If you've seen the house before, you need to see it again.

Last Agent to Sell the Property

Doug Furnstahl

Bear Island Land Co., Inc Listed on: 04/07/2016

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 63 x 125
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 030-0060-00920

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Ely, take Sheridan Street to 4th Avenue. Turn south and follow to James Street. Turn east and follow to 5th Avenue. Property is on the north corner.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: None
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Foyer Entry, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1568
  • Below Grade Finished Sq Ft: 1568
  • Garage Type: None
  • Heat: Fireplace, Forced Air, Oil
  • Reso Roof: Asphalt Shingles
  • Room 10: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1949
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Bath, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Enclosed Porch, Family/Rec, Mud Room
  • Fireplace: Yes
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Rec Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3136
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Brick
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Street

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 63 x 125
  • Estimated Number of Acres: 0.18
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped, Tree Coverage - Light
  • Parcel Number: 030-0060-00920

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Packila Seija Marie and Schlump Dominic John
Bought by
Packila Seija Marie and Seija Marie Packila Trust
Current Estimated Value
$224,388

Purchase Details

Listed on
Apr 7, 2016
Closed on
Nov 28, 2016
Sold by
Zupancich Patricia J and Lassi Renee A
Bought by
Wavrin Seija M Packila
Seller's Agent
Doug Furnstahl
Bear Island Land Co., Inc
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
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
Packila Seija Marie -- None Available
Wavrin Seija M Packila $100,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $100,000 0.0% $32 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $100,000 -- $32 / 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 $2,164 $185,000 $11,800 $173,200
2023 $2,164 $175,100 $11,400 $163,700
2022 $1,816 $159,500 $10,800 $148,700
2021 $1,746 $133,800 $9,800 $124,000
2020 $1,558 $119,700 $9,800 $109,900
2019 $1,478 $119,700 $9,800 $109,900
2018 $1,622 $117,900 $9,800 $108,100
2017 $1,652 $125,600 $9,700 $115,900
2016 $2,500 $121,500 $8,800 $112,700
2015 $1,647 $125,600 $9,700 $115,900
2014 $1,647 $99,700 $7,700 $92,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Doug Furnstahl

    Bear Island Land Co., Inc

  • Kate Davies

    Buyer's Agent in 2016

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    168 Total Sales

    Kate Davies
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021412

APN: 030006000920

Minnesota St Louis County Ely 55731

434 S 5th Ave E, 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