NOT LISTED FOR SALE

548 E Chapman St Ely, MN 55731

Estimated Value: $160,000 - $326,000

2 Beds
2 Baths
1,050 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $251,000 $239 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,430/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Corner Lot
  • Memorial High School Rated 9+
  • 2 Fireplaces
  • 1-minute walk to Whiteside Park

About This Home

As of June 2022

Everything in this immaculate home has been updated inside and out with high quality finishes and is being offered completely furnished! The main level features a gourmet kitchen complete with stainless appliances, granite countertops and gas range. Large living area with natural woodwork, gorgeous gas fireplace and a ¾ bath. Upstairs you will find the master suite complete with it’s own fireplace, a second bedroom and a full bath complete with jetted tub. The 2nd floor balcony overlooks the fully landscaped corner lot with beautiful fruit trees and a white picket fence. Multiple porches and decks for enjoying the outdoors. Insulated one-stall garage and extra off-street parking. Ideal central location in Ely.

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 05/06/2022

Co-Listed By

Anna Yahnke

Bear Island Realty LLC

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Partially Fenced Property
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Fuel Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0370-02200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Ely, take Sheridan St to 6th Ave E, go south. Property is on the corner of 6th Ave E & Chapman St.
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Beamed Ceilings, Drywalls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Balcony, Fenced Yard - Partial, Patio, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1050
  • Garage Type: Detached
  • Heat: Boiler, Propane
  • Fireplaces: 2
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 9999
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • RoomLevel4: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor, Full Upper
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Porch
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1050
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Cement Board
  • Window Features:Insulated Windows: Double Glazed, Energy Windows

Garage/Parking

  • Parking Driveway: Off Street
  • 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: 50 X 125
  • Estimated Number of Acres: 0.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Medium
  • Parcel Number: 030-0370-02200

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 8, 2022
Sold by
Melcher Family Revocable Living Trust
Bought by
Katieb Ralph R and Mattern Samantha Marie
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$251,000
Sold Price
$251,000
Current Estimated Value
$237,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,910
Avg. Annual Appreciation
-1.59%

Purchase Details

Closed on
May 20, 2015
Sold by
Melcher Thomas J and Melcher Susan A
Bought by
The Melcher Family Revocable Living Trus

Purchase Details

Closed on
Sep 30, 2011
Sold by
Queen City Federal Savings Bank
Bought by
Melcher Thomas J and Melcher Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2009
Sold by
Mighell Thomas A and Mighell Patricia A
Bought by
Queen City Federal Savings Bank

Purchase Details

Closed on
Oct 14, 2003
Sold by
City Of Ely
Bought by
Mighell Thomas

Purchase Details

Closed on
Sep 29, 2002
Sold by
Mulroney Christine and Albin Lenich Trust
Bought by
City Of Ely
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
Katieb Ralph R $251,000 Northeast Title Company
The Melcher Family Revocable Living Trus -- Attorney
Melcher Thomas J $65,000 Northeast Title Company
Queen City Federal Savings Bank -- Arrowhd Abst
Mighell Thomas $19,500 --
City Of Ely -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melcher Thomas J $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $251,000 0.0% $239 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $251,000 -- $239 / 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 $2,252 $131,300 $9,400 $121,900
2023 $2,252 $124,400 $9,100 $115,300
2022 $1,422 $85,900 $8,700 $77,200
2021 $1,426 $72,200 $7,900 $64,300
2020 $1,294 $64,900 $7,900 $57,000
2019 $1,242 $64,900 $7,900 $57,000
2018 $1,128 $64,000 $7,900 $56,100
2017 $1,156 $58,100 $7,800 $50,300
2016 $1,186 $56,000 $7,100 $48,900
2015 $1,130 $58,400 $7,900 $50,500
2014 $1,137 $57,700 $7,900 $49,800
Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2022

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    168 Total Sales

    Kate Davies
    Section Image
  • Anna Yahnke

    Seller Co-Listing Agent in 2022

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    47 in this area

    177 Total Sales

    Anna Yahnke
    Section Image

  • J

    Buyer's Agent in 2022

    Jim Burke

    Keller Williams Classic Realty NW

    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102651

APN: 030037002200

Minnesota St Louis County Ely 55731

548 E Chapman St, Ely, MN

Not Listed for Sale

Detached

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