NOT LISTED FOR SALE

48 W Conan St Ely, MN 55731

Estimated Value: $92,000 - $192,000

3 Beds
1.5 Baths
1,176 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $135,000 $115 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $791/month

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Memorial High School Rated 9+
  • No HOA
  • Fenced Yard

About This Home

As of May 2024

Adorable bungalow located close to the town medical facilities and historic downtown. Rooms have been freshly painted and updated with new light fixtures throughout. New flooring in the kitchen and main floor laundry area and the kitchen cabinets have been updated with new paint and handles. A classic open foyer, original wood trim throughout most of the home, and original wood floors in the upstairs bedrooms make this a rare gem. Fully fenced in yard, deck area, and detached garage with additional off street parking round out this wonderful property.

Last Agent to Sell the Property

Misty Merhar

Z' Up North Realty Listed on: 03/07/2024

Last Buyer's Agent

Misty Merhar

Z' Up North Realty Listed on: 03/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Multi-Level Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Boiler Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0040-00160

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In town.
  • L O1 Office Phone1 Number: 218-827-2288
  • List Price/ Sq Ft: 114.8
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Foyer Entry, Main Floor Laundry
  • Amenities Exterior: Deck, Fenced Yard - Full
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1176
  • Garage Type: Detached
  • Heat: Boiler, Oil
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1924
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, 3/4 Upper
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1176
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Steel

Garage/Parking

  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 16 x 24

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: 2024-03-07
  • Estimated Lot Dimensions: 37 1/2 x 125
  • Estimated Number of Acres: 0.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0040-00160

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 31, 2024
Sold by
Mcdonald Tomi Kaye
Bought by
Arends Nic
Seller's Agent
Misty Merhar
Z' Up North Realty
Buyer's Agent
Misty Merhar
Z' Up North Realty
List Price
$169,000
Sold Price
$135,000
Premium/Discount to List
-$34,000
-20.12%
Views
82
Current Estimated Value
$140,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,819
Avg. Annual Appreciation
3.11%
Original Mortgage
$16,500
Outstanding Balance
$8,621
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$132,198

Purchase Details

Listed on
Jun 3, 2021
Closed on
Dec 28, 2021
Sold by
Roskamp Leah A and Roskamp Richard R
Bought by
Mcdonald Tomi Kaye
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Misty Merhar
Z' Up North Realty
List Price
$93,000
Sold Price
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$86,490
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2019
Closed on
Sep 10, 2019
Sold by
Prebor Valli P and Axxe Geraldine D
Bought by
Roskamp Leah A
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$89,000
Sold Price
$84,500
Premium/Discount to List
-$4,500
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$67,600
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 20, 2012
Closed on
Oct 2, 2012
Sold by
Graham John Thomas
Bought by
Prebor Valli P and Axxe Geraldine D
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Janet Erchul
Bear Island Land Co., Inc
List Price
$59,000
Sold Price
$54,500
Premium/Discount to List
-$4,500
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Nov 3, 2008
Sold by
Kovall Mathew Joseph and Kovall Muriel M
Bought by
Graham John Thomas

Purchase Details

Closed on
Apr 16, 1990
Sold by
Jokela Ronald R and Jokela Ramona Mae
Bought by
Kovall Joseph Mathew and Kovall Muriel M
Source: Public Records

Range of Values:

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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
Arends Nic $135,000 Northeast Title Company
Mcdonald Tomi Kaye $93,000 Northeast Title
Roskamp Leah A $84,500 Northeast Title Company
Prebor Valli P $54,500 Northeast Title Company
Graham John Thomas $53,151 Northeast Title Company
Kovall Joseph Mathew -- Ne Title Co Ely
Ohlhauser Craig Craig $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arends Nic $16,500
Open Arends Nic $123,000
Previous Owner Mcdonald Tomi Kaye $86,490
Previous Owner Roskamp Leah A $67,600
Closed Mcdonald Tomi Kaye $11,000
Closed Ohlhauser Craig Craig $81,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $135,000 -20.1% $115 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $169,000 +81.7% $144 / Sq Ft
01/03/2022 01/03/22 Sold $93,000 0.0% $79 / Sq Ft View Prior Sale
08/18/2021 08/18/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $93,000 +10.1% $79 / Sq Ft
09/10/2019 09/10/19 Sold $84,500 -5.1% $81 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $89,000 +63.3% $86 / Sq Ft
10/02/2012 10/02/12 Sold $54,500 -7.6% $46 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $59,000 -- $50 / 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 $534 $88,200 $6,500 $81,700
2022 $728 $82,700 $6,100 $76,600
2021 $1,368 $69,400 $5,600 $63,800
2020 $456 $62,100 $5,600 $56,500
2019 $464 $62,100 $5,600 $56,500
2018 $408 $61,200 $5,600 $55,600
2017 $424 $56,600 $5,600 $51,000
2016 $442 $54,700 $5,100 $49,600
2015 $415 $34,000 $3,400 $30,600
2014 $415 $34,000 $3,400 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112557

APN: 030004000160