NOT LISTED FOR SALE

513 E Boundary St Ely, MN 55731

Estimated Value: $69,000 - $78,000

2 Beds
1 Bath
658 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $62,000 $94 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $488/month

12 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Bathroom on Main Level
  • Memorial High School Rated 9+
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2024

Charming rambler being sold as-is.

Last Agent to Sell the Property

Rachel Wiitanen

Canoe Capital Realty, LLC Listed on: 08/23/2024

Co-Listed By

Chad Davis

Canoe Capital Realty, LLC

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 50 x 114

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 658 Sq Ft Home
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0420-00390

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,059

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take Hwy 169 to Sheridan, turn right on Central Ave, turn left on East Boundary Street, continue 5 blocks, house is on left
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-365-8689
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 658
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • TotalBedrooms: 2
  • Year Built: 1942
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 658

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Stucco

Garage/Parking

  • Garage Features: Slab
  • 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

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50 x 114
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0420-00390

Tax Info

  • Tax Amount: 1059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 1, 2024
Sold by
Estate Of Joshua J Orcutt
Bought by
Faltesek Evan
Seller's Agent
Rachel Wiitanen
Canoe Capital Realty, LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$54,000
Sold Price
$62,000
Premium/Discount to List
$8,000
14.81%
Views
12
Current Estimated Value
$73,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,151
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Lewis Donald Wayne and Lewis Marcia S
Bought by
Orcutt Joshua J and Orcutt Elizabeth

Purchase Details

Closed on
May 31, 2011
Sold by
Lewis Donald Wayne
Bought by
Lewis Donald Wayne and Lewis Marcia S

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lewis Linda A and Holzman Linda A
Bought by
Lewis Donald Wayne
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
Faltesek Evan $62,000 --
Orcutt Joshua J $55,000 Canoe Country Title
Lewis Donald Wayne -- None Available
Lewis Donald Wayne -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $62,000 +14.8% $94 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $54,000 -- $82 / 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 $1,258 $71,100 $8,200 $62,900
2023 $1,258 $67,400 $7,900 $59,500
2022 $1,144 $66,200 $7,500 $58,700
2021 $370 $55,700 $6,800 $48,900
2020 $312 $50,100 $6,800 $43,300
2019 $286 $50,100 $6,800 $43,300
2018 $248 $49,300 $6,800 $42,500
2017 $300 $46,300 $7,400 $38,900
2016 $314 $44,600 $6,800 $37,800
2015 $293 $27,800 $4,500 $23,300
2014 $293 $27,800 $4,500 $23,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rachel Wiitanen

    Canoe Capital Realty, LLC

    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Chad Davis

    Canoe Capital Realty, LLC

    (218) 235-3962

    13 in this area

    25 Total Sales

    Chad Davis
    Section Image
  • Jeff Hway

    Buyer's Agent in 2024

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    38 in this area

    168 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115740

APN: 030042000390

Minnesota St Louis County Ely 55731

513 E Boundary St, Ely, MN

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