NOT LISTED FOR SALE

601 E Chapman St Ely, MN 55731

Estimated Value: $118,682 - $153,000

2 Beds
2 Baths
752 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $38,000 $51 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $765/month

48 Days on Market

Highlights

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

About This Home

As of June 2019

Motivated seller- MAKE AN OFFER!!! Great starter home or rental income property on a CORNER DOUBLE LOT!!! Conveniently located near schools, downtown, park, etc. Would be a great opportunity for use as a weekend getaway cabin with plenty of storage in the 2 stall garage for boats, ATVs, camping and hunting gear. Original hardwood floors throughout most of the home. Oversized lot has heirloom raspberry bushes, firepit, and raised garden bed!!! PRICED TO SELL~ don't let this one slip away!!!

Last Agent to Sell the Property

Misty Merhar

Z' Up North Realty Listed on: 04/10/2019

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $218

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50' x 125'
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 752 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 030-0370-01380

Home Details

Home Type

Single Family

Est. Annual Taxes

$218

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Heading East on E Sheridan St, turn Right onto N 6th Ave E. Turn Left on E Chapman St. House will be on your left.
  • L O1 Office Phone1 Number: 218-827-2288
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Walk-In Closet, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Half Bathrooms: 1
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 752
  • Garage Type: Detached
  • Heat: Boiler, Oil
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bathroom
  • TotalBedrooms: 2
  • Year Built: 1900
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Crawl Space, Partial
  • Bathroom 1 Level: 1/2 bath
  • Level 2 Three Quarter Bathrooms: 1/4 bath
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: 3 Season Porch
  • Bedroom 5: Porch
  • Stories: 2 Story
  • Room 6: Master Bedroom
  • Room 7: Bedroom
  • Room 8: Other
  • Total Bathrooms: 1
  • Total Fin Square Footage: 752
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Asphalt

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 20' x 24'

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50' x 125'
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 030-0370-01380

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 17, 2019
Sold by
Nettifee Patricia
Bought by
Perlich Karl
Seller's Agent
Misty Merhar
Z' Up North Realty
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$38,000
Sold Price
$38,000
Current Estimated Value
$137,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,921
Avg. Annual Appreciation
21.82%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Povhe James John and Povhe Elizabeth
Bought by
Nettifee Patricia

Purchase Details

Closed on
Mar 30, 2012
Sold by
Povhe Fred Matthew and Povhe James John
Bought by
Nettifee Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
3.95%
Mortgage Type
Seller Take Back
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
Perlich Karl $38,000 Northeast Title Company
Nettifee Patricia $38,800 None Available
Nettifee Patricia $38,800 Ne Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nettifee Patricia $28,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $38,000 0.0% $51 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $38,000 -- $51 / 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 $520 $91,800 $9,400 $82,400
2023 $520 $71,700 $9,100 $62,600
2022 $330 $62,600 $8,700 $53,900
2021 $340 $48,000 $7,900 $40,100
2020 $308 $43,400 $7,900 $35,500
2019 $278 $46,000 $7,900 $38,100
2018 $282 $45,400 $7,900 $37,500
2017 $292 $45,800 $7,800 $38,000
2016 $308 $44,000 $7,100 $36,900
2015 $287 $27,500 $4,700 $22,800
2014 $287 $27,500 $4,700 $22,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Misty Merhar

    Z' Up North Realty

    (218) 349-3745

    25 in this area

    38 Total Sales

    Misty Merhar
    Section Image
  • Lori Schulze

    Buyer's Agent in 2019

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    50 in this area

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081851

APN: 030037001380

Minnesota St Louis County Ely 55731

601 E Chapman St, Ely, MN

Not Listed for Sale

Detached

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