NOT LISTED FOR SALE

538 E Washington St Ely, MN 55731

Estimated Value: $98,000 - $157,000

3 Beds
1 Bath
1,332 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 09, 2013

Last sale price $43,400 $33 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $713/month

108 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Memorial High School Rated 9+
  • Woodwork
  • Forced Air Heating System

About This Home

As of October 2013

This 3-bedroom home on quiet Washington Street features hardwood flooring, fresh paint, new carpeting, a 3-season front porch, and one of the most beautiful back yards in Ely! The large partially fenced yard has gorgeous tree cover, a storage shed and provides privacy for this lovely home. Located very close to the Trezona Trail a great year-round recreational opportunity. Move-in ready and priced to sell!

Last Agent to Sell the Property

Kate Davies

Bear Island Land Co., Inc Listed on: 06/07/2013

Last Buyer's Agent

Kate Davies

Bear Island Land Co., Inc Listed on: 06/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Many Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Fuel Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 030-0285-00500

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

1890

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Eat-In Kitchen, Hardwood Floors, Natural Woodwork
  • Estimated Number of Acres: 0.1
  • Assessment Balance: 58
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Rented
  • Parcel Number: 030-0285-00500
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x18, On Level: Main
  • Room 2: Kitchen, 10x18, On Level: Main
  • Room 3: On Level: Main
  • Room 4: Master Bedroom, 10x20, On Level: Main
  • Room 5: Bedroom, 9x12, On Level: Upper
  • Room 6: Bedroom, 9x15, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1332
  • Total Square Footage: 1332

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles, Metal

Utilities

  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50 x 125
  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 9, 2013
Sold by
Johnson Kirk E and Graves Kathleen J
Bought by
Lepisto Paul W and Lepisto Neil I
Seller's Agent
Kate Davies
Bear Island Land Co., Inc
Buyer's Agent
Kate Davies
Bear Island Land Co., Inc
List Price
$52,500
Sold Price
$43,400
Premium/Discount to List
-$9,100
-17.33%
Current Estimated Value
$130,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,907
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Sep 28, 2010
Sold by
American Bank Of The North
Bought by
Johnson Kirk E and Graves Kathleen J

Purchase Details

Closed on
Jul 26, 2010
Sold by
Risen Investments Llc
Bought by
American Bank Of The North

Purchase Details

Closed on
May 30, 2007
Sold by
Brown Sara M and 214 S W 2Nd Street Land Trust
Bought by
Risen Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2006
Sold by
Hud
Bought by
Resurrection Investments

Purchase Details

Closed on
Jan 27, 2005
Sold by
Washington Mutual Bank Fa
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lepisto Paul W $43,400 Northeast Title Company
Johnson Kirk E $25,500 None Available
American Bank Of The North -- All American Title Co Inc
American Bank Of The North -- Rels
Risen Investments Llc -- All American Title Co Inc
Resurrection Investments -- Consolidated Title & Abstrac
Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Risen Investments Llc $229,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2013 10/09/13 Sold $43,400 -17.3% $33 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $52,500 -- $39 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $344 $73,600 $12,100 $61,500
2023 $344 $69,900 $11,700 $58,200
2022 $444 $68,400 $11,100 $57,300
2021 $1,168 $57,800 $10,100 $47,700
2020 $1,058 $52,400 $10,100 $42,300
2019 $1,016 $52,400 $10,100 $42,300
2018 $1,028 $51,700 $10,100 $41,600
2017 $1,048 $52,600 $8,500 $44,100
2016 $1,076 $50,500 $7,700 $42,800
2015 $1,024 $52,700 $8,600 $44,100
2014 $368 $31,600 $5,200 $26,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kate Davies

    Bear Island Land Co., Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4492195

REALTOR® Association of Southern Minnesota

APN: 030028500500

Minnesota St Louis County Ely 55731

538 E Washington St, Ely, MN

This home is located at 538 E Washington St, Ely, MN 55731 since 07 June 2013 and is currently estimated at $130,307, approximately $97 per square foot. This property was built in 1890. 538 E Washington St is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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