NOT LISTED FOR SALE

48 E James St Ely, MN 55731

Estimated Value: $77,000 - $209,574

2 Beds
2 Baths
1,044 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $205,000 $196 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $943/month

11 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Corner Lot
  • Recreation Room
  • Wood Flooring
  • No HOA

About This Home

As of August 2023

Updated 2-bedroom home in Ely where old world charm harmoniously blends with modern style and functionality. Every detail has been carefully enhanced with fine finishings while preserving the essence of its era. Beautiful open kitchen boasts solid counters, tile backsplash and charming breakfast nook. The living room features a freestanding gas stove. Enjoy the tranquility of the open covered front porch. Upstairs features an updated bathroom, ample storage, and space-saving farm-style doors that add character. Beautiful hardwoods and new lighting with ceiling fans throughout. The lower level is partially finished with a ½ bath, family room and open laundry. Captivating curb appeal with professional landscaping, green stone patio and walkways, and gardens all on a corner lot. 1-car garage with additional lean-to and storage shed providing ample space for your vehicles and storage needs. One of the standout features of this home is the twenty solar panels which help cover your monthly utilities. The home also boasts a Tesla car charger! New roof and freshly painted all you need to do is move into this property that combines historic charm with modern functionality. Furnishings negotiable.

Last Agent to Sell the Property

Anna Yahnke

Bear Island Realty LLC Listed on: 07/06/2023

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1938

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Landscaped
  • Corner Lot

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lean-To Shed
  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Electric Water Heater
  • Fuel Tank
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0070-00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,381

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Ely, take Central Avenue south to James Street. Turn left and follow to property address on the right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 196.36
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 780
  • Below Grade Finished Sq Ft: 264
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, Hot Water, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1938
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • RoomLevel7: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Partially Finished, Bath, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Upper
  • Formal Dining: Breakfast Nook
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Rec Room
  • Room 7: Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1044
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Lean-To
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Composition
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street
  • Garage Features: Electrical Service
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-07-06
  • Estimated Lot Dimensions: 25 x 125
  • Estimated Number of Acres: 0.07
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped
  • Parcel Number: 030-0070-00070

Rental Info

  • Lease Terms: Cash, Conventional, USDA, VA DVA

Tax Info

  • Tax Amount: 1381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 17, 2023
Sold by
Konrath Luke Barnum and Konrath Andrea Dawn
Bought by
Tschida Emily M and Tschida Michael D
Seller's Agent
Anna Yahnke
Bear Island Realty LLC
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$159,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,433
Avg. Annual Appreciation
-13.96%
Original Mortgage
$184,500
Outstanding Balance
$181,147
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$28,012

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 7, 2017
Sold by
Burley Janette A
Bought by
Konrath Luke Barnum and Konrath Andrea Dawn
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
Sold Price
$71,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Original Mortgage
$64,350
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jan 30, 2014
Sold by
Meyer Nadine G H and Brzezinski James O
Bought by
Burley Janette A
Seller's Agent
Lori Schulze
Wildwoods Land Company
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$72,500
Sold Price
$67,500
Premium/Discount to List
-$5,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$54,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2012
Closed on
Jun 27, 2012
Sold by
Klegstad Daniel L
Bought by
Meyer Nadine G H and Brzezinski James O
Seller's Agent
PAT RHEIN
z' Up North Realty
Buyer's Agent
Renee Capra
Range Associaiton of REALTORS
Sold Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$53,550
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Devine Megan T and Devine James J
Bought by
Klegstad Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,476
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2002
Sold by
Mueller Greg and Mueller Meg
Bought by
Kaiser Megan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.41%

Purchase Details

Closed on
Aug 15, 2001
Sold by
West Elizabeth A and Sherman Mark
Bought by
Mueller Greg and Mueller Meg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,350
Interest Rate
7.03%
Source: Public Records

Range of Values:

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Average Value
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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
Tschida Emily M $205,000 Northeast Title Company
Konrath Luke Barnum $71,500 Northeast Title Company
Burley Janette A $67,500 Northeast Title Company
Meyer Nadine G H $59,500 Title Recording Svcs Inc
Klegstad Daniel L $70,051 Ne Title
Kaiser Megan T $58,500 Consolidated Title
Mueller Greg $53,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tschida Emily M $184,500
Previous Owner Konrath Luke Barnum $64,350
Previous Owner Burley Janette A $54,000
Previous Owner Meyer Nadine G H $53,550
Previous Owner Klegstad Daniel L $69,476
Previous Owner Kaiser Megan T $59,000
Previous Owner Mueller Greg $40,350
Closed Mueller Greg $10,000
Closed Kaiser Megan T $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $205,000 0.0% $196 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $205,000 +186.7% $196 / Sq Ft
02/07/2017 02/07/17 Sold $71,500 +5.9% $77 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/30/2014 01/30/14 Sold $67,500 -6.9% $72 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
12/17/2013 12/17/13 For Sale $72,500 +21.8% $78 / Sq Ft
06/29/2012 06/29/12 Sold $59,500 0.0% $64 / Sq Ft
06/29/2012 06/29/12 Sold $59,500 -17.4% $64 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/20/2012 05/20/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $72,000 -- $77 / 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 $828 $85,000 $4,800 $80,200
2022 $1,294 $78,000 $4,500 $73,500
2021 $1,292 $65,300 $4,100 $61,200
2020 $1,170 $58,400 $4,100 $54,300
2019 $1,096 $58,400 $4,100 $54,300
2018 $1,024 $57,500 $4,100 $53,400
2017 $1,050 $52,400 $4,100 $48,300
2016 $1,076 $50,600 $3,700 $46,900
2015 $1,038 $52,400 $4,100 $48,300
2014 $1,038 $52,400 $4,100 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109177

APN: 030007000070