NOT LISTED FOR SALE

56 N Klondike Dr Ely, MN 55731

Estimated Value: $85,000 - $170,000

2 Beds
1 Bath
940 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $41,000 $44 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $723/month

12 Days on Market

Highlights

  • Panoramic View
  • 0.48 Acre Lot
  • 2 Car Detached Garage
  • Memorial High School Rated 9+
  • Ranch Style House
  • Living Room

About This Home

As of December 2015

Excellent potential for this solid 2 bedroom ranch. Located on a dead-end street with seasonal views of Shagawa Lake, this home is on a large, wooded lot with a 2 car garage. Parcel features a garden area, wood shed, and lots of yard space. Bring your personal touches to update this home into a comfortable property to enjoy for years to come.

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 11/12/2015

Last Buyer's Agent

Mark Larson

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Street terminates at a dead end
  • Irregular Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 940 Sq Ft Home
  • Living Room
  • Panoramic Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 030-0160-00090

Home Details

Home Type

Single Family

Est. Annual Taxes

$284

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From downtown Ely, take Pioneer Drive to Klondike, take a left Follow to property on the right.
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Main Floor Laundry
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 940
  • Garage Type: Detached
  • Heat: Hot Water, Oil
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 940
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Dead End/No Outlet
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.48
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot
  • Parcel Number: 030-0160-00090

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 28, 2015
Sold by
Marolt Robert M and Estate Of Laverne L Marolt
Bought by
Franks David W and Franks Arline
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Mark Larson
Wildwoods Land Company
List Price
$41,000
Sold Price
$41,000
Current Estimated Value
$136,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,886
Avg. Annual Appreciation
12.44%
Original Mortgage
$34,850
Outstanding Balance
$27,615
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$105,445
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
Franks David W $41,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks David W $34,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $41,000 0.0% $44 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $41,000 -- $44 / 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 $85 $106,600 $18,000 $88,600
2023 $85 $99,900 $17,400 $82,500
2022 $1,320 $81,500 $16,500 $65,000
2021 $1,350 $66,700 $15,000 $51,700
2020 $1,224 $61,200 $15,000 $46,200
2019 $1,178 $61,200 $15,000 $46,200
2018 $1,090 $60,500 $15,000 $45,500
2017 $1,122 $56,000 $15,000 $41,000
2016 $1,038 $54,300 $15,000 $39,300
2015 $344 $30,900 $9,000 $21,900
2014 $354 $30,900 $9,000 $21,900
Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2015

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    167 Total Sales

    Kate Davies
    Section Image

  • M

    Buyer's Agent in 2015

    Mark Larson

    Wildwoods Land Company

    4 in this area

    30 Total Sales

    Mark Larson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6019190

APN: 030016000090

Minnesota St Louis County Ely 55731

56 N Klondike Dr, Ely, MN

Not Listed for Sale

Detached

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