NOT LISTED FOR SALE

512 E Washington St Ely, MN 55731

Estimated Value: $136,000 - $168,078

2 Beds
1 Bath
1,110 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $163,000 $147 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $955/month

54 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Memorial High School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of August 2023

Beautifully updated home in a great location just steps away from the Trezona trail. This 2+ bedroom home features original hardwood floors, new appliances, and the best front porch in town! Brand new roof, New doors and windows throughout, updated heating system, & many plumbing and electrical updates. The spacious private backyard offers a new deck, privacy fence, and a 1-car garage. Furnishings negotiable.

Last Agent to Sell the Property

Anna Yahnke

Bear Island Realty LLC Listed on: 05/26/2023

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Julian Rasmusson

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 54 x 100
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0288-00470

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,489

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Town
  • InternetOptions: Cable
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Main Floor Laundry
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1110
  • Garage Type: Detached
  • Heat: Fireplace, Space/Wall Heater, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1890
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Den/Office
  • Stories: 2 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1110
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 54 X 100
  • Estimated Number of Acres: 0.12
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 030-0288-00470

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1489

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 31, 2023
Sold by
Spiess Morris K and Spiess Rebecca L
Bought by
Benham Cherie L and Benham Marty J
Seller's Agent
Anna Yahnke
Bear Island Realty LLC
Buyer's Agent
Julian Rasmusson
Z' Up North Realty
List Price
$163,000
Sold Price
$163,000
Current Estimated Value
$149,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,480
Avg. Annual Appreciation
-3.65%
Original Mortgage
$154,850
Outstanding Balance
$151,322
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$1,802

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 6, 2020
Sold by
Johnson Kirk E and Graves Kathy
Bought by
Spiess Morris K and Spiess Rebecca L
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$62,000
Sold Price
$62,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.42%

Purchase Details

Closed on
May 20, 2005
Sold by
Sherfield John and Wolfe Sarah
Bought by
Johnson Kirk E and Graves Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 2005
Sold by
Sherfield John and Wolfe Sarah
Bought by
Sherfield John and Wolfe Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac
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
Benham Cherie L $163,000 Northeast Title Company
Spiess Morris K $64,500 Northeast Title Company
Johnson Kirk E $51,000 Northeast Title Company
Sherfield John -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benham Cherie L $154,850
Previous Owner Sherfield John $44,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $163,000 0.0% $147 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $163,000 +162.9% $147 / Sq Ft
01/10/2020 01/10/20 Sold $62,000 0.0% $59 / Sq Ft View Prior Sale
12/09/2019 12/09/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $62,000 -- $59 / 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 $2,068 $120,100 $7,800 $112,300
2023 $2,068 $104,000 $7,500 $96,500
2022 $1,720 $84,100 $7,100 $77,000
2021 $1,392 $70,600 $6,500 $64,100
2020 $1,264 $63,300 $6,500 $56,800
2019 $1,212 $63,300 $6,500 $56,800
2018 $1,076 $62,300 $6,500 $55,800
2017 $1,098 $55,200 $8,100 $47,100
2016 $1,128 $53,100 $7,400 $45,700
2015 $1,092 $55,300 $8,200 $47,100
2014 $1,092 $55,300 $8,200 $47,100
Source: Public Records

Agents Affiliated with this Home

  • Anna Yahnke

    Seller's Agent in 2023

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    47 in this area

    177 Total Sales

    Anna Yahnke
    Section Image
  • Kate Davies

    Seller Co-Listing Agent in 2023

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    168 Total Sales

    Kate Davies
    Section Image
  • Julian Rasmusson

    Buyer's Agent in 2023

    Julian Rasmusson

    Z' Up North Realty

    (651) 270-8911

    35 in this area

    99 Total Sales

    Julian Rasmusson
    Section Image
  • Lori Schulze

    Seller's Agent in 2020

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    50 in this area

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108290

APN: 030028500470

Minnesota St Louis County Ely 55731

512 E Washington St, Ely, MN

Not Listed for Sale

Detached

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