NOT LISTED FOR SALE

503 E Chapman St Ely, MN 55731

Estimated Value: $172,977 - $206,000

3 Beds
2 Baths
2,912 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $129,000 $44 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,205/month

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Wood Frame Window
  • Memorial High School Rated 9+
  • Den
  • 3-minute walk to Whiteside Park

About This Home

As of May 2021

Nice updated 3 bedroom, 2 bath home on a corner lot just minutes from all city amenities! This spacious home features an updated kitchen w/pantry and newer laminate flooring, dining room, living room, full bath and laundry on the first floor. The second floor has 3 B.R.s, a bath and small office area. Many updates throughout this lovely home with newly painted walls, some wainscoting, new flooring/carpeting and a spacious back entry. The full basement has new steps. There is a new furnace and new duct work. 200 amp circuit breaker wiring. Vinyl siding and newer windows. 48 X 38 garage/shop, with peaked roof and newer overhead door. Within the garage/shop there is a beauty salon area with a basement underneath which lends itself to other uses. This property has many exceptional features. Located within a block to the Ely Public Schools and two blocks to the City of Ely's Whiteside Park and downtown area.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 03/22/2021

Last Buyer's Agent

Jerry Fink

Canoe Capital Realty, LLC Listed on: 03/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Parking

  • 4 Car Detached Garage
  • Insulated Garage
  • Bathroom In Garage
  • Garage Drain

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 030-0370-01460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 503 East Chapman Street
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2184
  • Below Grade Finished Sq Ft: 728
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Deck
  • Bedroom 3: Pantry
  • TotalBedrooms: 3
  • Year Built: 1910
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Main
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Drainage System
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, 3/4 Upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2912
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Garage Features: Bathroom, Drains, Electrical Service, Insulation, Plumbing
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 38 x 47

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50 x 125
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0370-01460

Tax Info

  • Tax Amount: 1366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 30, 2021
Sold by
Moravitz Richard and Moravitz Diana
Bought by
Johnson Wade F and Johnson Marlene R
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$187,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,744
Avg. Annual Appreciation
8.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Wade F $129,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $129,000 0.0% $44 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $129,000 -- $44 / 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 $2,620 $153,600 $9,400 $144,200
2023 $2,620 $145,500 $9,100 $136,400
2022 $1,436 $137,200 $8,700 $128,500
2021 $1,366 $114,900 $7,900 $107,000
2020 $1,212 $102,700 $7,900 $94,800
2019 $1,142 $102,700 $7,900 $94,800
2018 $1,060 $101,100 $7,900 $93,200
2017 $1,074 $97,400 $7,800 $89,600
2016 $1,180 $94,200 $7,100 $87,100
2015 $1,078 $69,000 $5,600 $63,400
2014 $1,078 $69,000 $5,600 $63,400
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2021

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    20 in this area

    52 Total Sales

    Jerry Fink
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6095465

APN: 030037001460

Minnesota St Louis County Ely 55731

503 E Chapman St, Ely, MN

Not Listed for Sale

Detached

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