NOT LISTED FOR SALE

7 N Central Ave Ely, MN 55731

Estimated Value: $254,260

-- Bed
3 Baths
4,464 Sq Ft
$57/Sq Ft Est. Value

About This Home

This home is located at 7 N Central Ave, Ely, MN 55731 and is currently estimated at $254,260, approximately $56 per square foot. 7 N Central Ave is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Northern Investments Llc
Bought by
Project29 Llc
Current Estimated Value
$254,260

Purchase Details

Closed on
Nov 3, 2004
Sold by
Ruoho Bradley M and Ruoho Mistaya
Bought by
Northern 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
$225,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Ban Of Ely Llc
Bought by
Ruoho Bradley M and Ruoho Mistaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2001
Sold by
Pete James W and Pete Helen S
Bought by
Ban Of Ely Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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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.

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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
Project29 Llc $193,000 --
Northern Investments Llc -- Northeast Title Company
Ruoho Bradley M $160,000 Northeast Title Company
Ban Of Ely Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Investments Llc $225,000
Previous Owner Ruoho Bradley M $130,000
Previous Owner Ban Of Ely Llc $150,000
Source: Public Records

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 $5,274 $189,500 $47,800 $141,700
2023 $5,274 $187,900 $47,800 $140,100
2022 $4,354 $144,600 $40,900 $103,700
2021 $4,656 $144,600 $40,900 $103,700
2020 $4,332 $144,600 $40,900 $103,700
2019 $4,280 $144,600 $40,900 $103,700
2018 $4,280 $144,600 $40,900 $103,700
2017 $5,104 $145,000 $39,800 $105,200
2016 $6,958 $145,000 $39,800 $105,200
2014 $7,808 $205,200 $50,600 $154,600
Source: Public Records

Map

Minnesota St Louis County Ely 55731

7 N Central Ave, Ely, MN

Not Listed for Sale

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