NOT LISTED FOR SALE

534 E Boundary St Ely, MN 55731

Estimated Value: $166,000 - $197,000

3 Beds
1.5 Baths
1,344 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $159,000 $118 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,172/month

84 Days on Market

Highlights

  • City Lights View
  • Ranch Style House
  • No HOA
  • Recreation Room
  • Mud Room
  • Lower Floor Utility Room

About This Home

As of April 2022

Single owner home, spacious, with mid century charm throughout. The comfortable main level has 3 bedrooms, a full bath, kitchen and living room. The kitchen has solid wood cabinetry (painted) and a large pantry/broom closet. The mid century wall tile is in excellent shape. Or if you’re looking to update and entertain, there is room to open up and grow your concept of cooking and dining. Off the kitchen is a large 3 season enclosed patio 14’ x 20’ to enhance indoor/outdoor enjoyment and additional dining. The cork flooring in all bedrooms was innovative and before it’s time. Soft, warm, and quiet, these floors can be refinished and brought back to a newer state. The double pane windows provide generous natural lighting to each room. The full basement is divided into 2 very large rooms; a game room/bar and a utility, laundry, with storage that also includes a partial bathroom. This spectacular 50’s model home was the first built by Kovall Construction who constructed many homes on Boundary St. and throughout the neighborhood and town of Ely. Boundary St. was the actual boundary between Ely and Morse Township. This home sits on the Morse Township side, featuring larger lots than the Ely side. This is a great home, loved, and well cared for.

Last Listed By

Jerry Fink

Canoe Capital Realty, LLC Listed on: 10/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 145
  • Elevated Lot
  • Few Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Wood Frame Window
  • Window Screens
  • Mud Room
  • Entryway
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Washer
  • Utility Room
  • Center Hall
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0365-0000300, 00310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 534 East Boundary Street
  • InternetOptions: None
  • L O1 Office Phone1 Number: 218-365-8689
  • List Price/ Sq Ft: 118.3
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Garage Door Opener, Center Hall, Drywalls
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1344
  • Garage Type: Attached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Entry
  • TotalBedrooms: 3
  • Year Built: 1955
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1344
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Family/Rec, Mud Room, Utility Room, 3 Season Porch
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Rec Room
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1344
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Screenhouse
  • Road Frontage: City, Paved, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Screens, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Street
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 13 x 22

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: 2021-10-21
  • Estimated Lot Dimensions: 65 x 145
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Lot Description: Tree Coverage - Light, High
  • Parcel Number: 030-0365-0000300, 00310

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Elson Ryan A
Bought by
Rogers Samuel
Total Days on Market
84
Current Estimated Value
$185,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Outstanding Balance
$13,988
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$170,989

Purchase Details

Closed on
Jul 12, 2017
Sold by
Zgonc Louis A and Zgonc Joann R
Bought by
Zgonc Louis Anthony and Zgonc Joann Ruth

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Ely, MN

  • 317 E James St, Ely, MN 55731

    $159,900

    • 2 Beds
    • 1.5 Baths
    • 875 Sq Ft
    • 317 E James St
    • Ely, MN

    Quaint one level living on 3 city lots. Established yard fully fenced in with perennials and trees. Storage shed and one stall garage and off-street parking. You are welcomed into this home by a cozy covered front porch that leads into a spacious living room. Wood floors in the living room and bedrooms. Open kitchen to the dining room that leads to a full bathroom and bedroom. The basement offers

    Beth Ohlhauser Bear Island Realty LLC

    Section Image
  • 35 E White St, Ely, MN 55731

    $207,000

    • 4 Beds
    • 1.5 Baths
    • 2,116 Sq Ft
    • 35 E White St
    • Ely, MN

    This grand 4 bedroom 2 bathroom home has amazing character! From the moment you enter you're hit with the beautiful flowing hardwood floors, a spacious living room and a touch of class with French doors into the formal dining room. The kitchen space has been updated beautifully with lots of storage and plenty of counterspace. The bedrooms are good sized with the main floor having space for a

    Joseph Tome Grand Properties

    Section Image
  • 1020 E Camp St, Ely, MN 55731

    $139,500

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 1020 E Camp St
    • Ely, MN

    Traditional style 3-bedroom home in a convenient location. Beautiful hardwood floors in the living room, main floor laundry, loads of built-ins, and bright kitchen are all offered in this Ely home. Upper level features a full updated bathroom, a larger primary bedroom and 2 smaller bedrooms or office/nursery. Many quality updates including propane furnace, water heater, electric, and roof. 1-car

    Anna Yahnke Bear Island Realty LLC

    Section Image
  • 1004 E Madison St, Ely, MN 55731

    $185,000

    • 2 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 1004 E Madison St
    • Ely, MN

    Discover the best of Ely living with this amazing property—your dream home is just a call away. This charming 2-bedroom, 2-bath home is perfect for first-time homebuyers, small families, and outdoor enthusiasts eager to enjoy the natural beauty of the area. Spacious Corner Lot: Enjoy the privacy and space of a large corner lot with a beautifully fenced-in yard. Detached 2-Car heated garage,

    Andrea Zupancich Z' Up North Realty

    Section Image
  • 1229 E Sheridan St, Ely, MN 55731

    $199,000

    • 2 Beds
    • 1.5 Baths
    • 1,012 Sq Ft
    • 1229 E Sheridan St
    • Ely, MN

    The Blue Moose is an updated 2 Bedroom, 1 Bath home. Charming, well maintained, and located on Sheridan Street; Ely's main street. A Turnkey, licensed short term Airbnb rental, with growing and successful rental history. The home has generous front & back entries, wood accents, tin ceilings, laminate and wood flooring.New(er) items include: shingles on house and garage, painted garage, all

    Trish Bulinski Bear Island Realty LLC

    Section Image
  • 78 W Chandler St, Ely, MN 55731

    $199,000

    • 3 Beds
    • 1.5 Baths
    • 1,420 Sq Ft
    • 78 W Chandler St
    • Ely, MN

    A MUCH sought after ranch style home with a bonus walkout basement is situated in a quiet neighborhood and close to all Ely has to offer. This 3BR/2BA home sits on a large oversized double lot that has been recently landscaped including adding a retaining wall and leveling out the large lot to increase the outside space to be more user friendly. The original hardwood floors have been exposed and

    Misty Merhar Z' Up North Realty

    Section Image
  • 3579 Rogers Ave E, Ely, MN 55731

    $189,000

    • 4 Beds
    • 1 Bath
    • 2,338 Sq Ft
    • 3579 Rogers Ave E
    • Ely, MN

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich z' Up North Realty

    Section Image
  • 3579 Rodgers Ave, Ely, MN 55731

    $189,000

    • 4 Beds
    • 2 Baths
    • 2,338 Sq Ft
    • 3579 Rodgers Ave
    • Ely, MN

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich Z' Up North Realty

    Section Image

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
Rogers Samuel $175,000 Northeast Title
Zgonc Louis Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Samuel $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $159,000 0.0% $118 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $159,000 -- $118 / 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 $1,740 $152,500 $8,100 $144,400
2022 $1,966 $121,200 $7,700 $113,500
2021 $1,964 $101,600 $7,000 $94,600
2020 $1,784 $90,900 $7,000 $83,900
2019 $1,714 $90,900 $7,000 $83,900
2018 $1,556 $89,500 $7,000 $82,500
2017 $1,594 $81,300 $6,700 $74,600
2016 $1,640 $78,400 $6,100 $72,300
2015 $1,580 $81,400 $6,800 $74,600
2014 $1,580 $81,400 $6,800 $74,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100307

APN: 030036500310