NOT LISTED FOR SALE

703 E Sheridan St Ely, MN 55731

Estimated Value: $147,034 - $156,000

3 Beds
1 Bath
1,232 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $61,000 $50 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $992/month

About This Home

As of November 2012

This 3 bedroom, 1 bath home, is located on a corner lot and is commercially zoned. The main floor features living room, dining room and kitchen with a breakfast counter. The second floor has 3 bedrooms and full bathroom. Hardwood floors throughout the house.Two car detached garage. This property can be used as a place of business, a home or both. Great location, across from the park and close to the schools. Owner/Agent

Last Listed By

Don Stocks

Wildwoods Land Company License #20556658 Listed on: 10/23/2012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Hot Water
  • Number Of Bedrooms: 3
  • Parcel Code Number: 030-0372-00220
  • Patioporch: Porch, Enclosed
  • Real Estate Tax: 628.42
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1232
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1232
  • Bedroom 1: Size: 10 x 15, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Basement: Full, Poured
  • Bedroom 2: Size: 8.5 x 14, On Level: Main
  • Bedroom 3: Bedroom, Size: 8 x 10, On Level: Upper
  • Dining Room: Size: 10 x 12, On Level: Main
  • Kitchen: Size: 10 x14, On Level: Main
  • Living Room: Size: 12 x18, On Level: Main
  • Lower Level Sq Ft: 616
  • Main Level Sq Ft: 616
  • Other Room 2: Back Porch, Size: 7 x 16, On Level: Main
  • Upper Level Sq Ft: 616

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24 x 26

Utilities

  • Utilities: City Water, City Sewer, Gas, Telephone
  • Water Heater: Electric

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 125x50
  • Number Of Acres: 0.3
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 13, 2012
Sold by
Stocks Don and Stocks Connie
Bought by
Herrick John
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Don Stocks
Wildwoods Land Company
Sold Price
$61,000
Total Days on Market
0
Current Estimated Value
$151,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,759
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Sep 11, 2003
Sold by
Musich Anna and Musich Edward
Bought by
Musich Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Musich Ronald S and Musich Larry
Bought by
Musich Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Musich Edward
Bought by
Musich Ronald S and Musich Larry

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Ely, MN

  • 539 E Chapman St, Ely, MN 55731

    $129,000

    • 3 Beds
    • 1.5 Baths
    • 1,152 Sq Ft
    • 539 E Chapman St
    • Ely, MN

    Conveniently located smack dab in the middle of everything Ely has to offer! This 3 bedroom 2 bath home is bright and airy with good sized bedrooms, a fenced in yard, 2 stall garage with an extra parking spot outside, a nice back deck, and big kitchen space. No need to drive to the bait shop or to get gas, just walk across the alley and you'll be ready to hit the water in minutes! The newer

    Joseph Tome Grand Properties

    Section Image
  • 1020 E Camp St, Ely, MN 55731

    $139,500

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 1020 E Camp St
    • Ely, MN

    Traditional style 3-bedroom home in a convenient location. Beautiful hardwood floors in the living room, main floor laundry, loads of built-ins, and bright kitchen are all offered in this Ely home. Upper level features a full updated bathroom, a larger primary bedroom and 2 smaller bedrooms or office/nursery. Many quality updates including propane furnace, water heater, electric, and roof. 1-car

    Anna Yahnke Bear Island Realty LLC

    Section Image
  • 1004 E Madison St, Ely, MN 55731

    $185,000

    • 2 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 1004 E Madison St
    • Ely, MN

    Discover the best of Ely living with this amazing property—your dream home is just a call away. This charming 2-bedroom, 2-bath home is perfect for first-time homebuyers, small families, and outdoor enthusiasts eager to enjoy the natural beauty of the area. Spacious Corner Lot: Enjoy the privacy and space of a large corner lot with a beautifully fenced-in yard. Detached 2-Car heated garage,

    Andrea Zupancich Z' Up North Realty

    Section Image
  • 317 E James St, Ely, MN 55731

    $159,900

    • 2 Beds
    • 1.5 Baths
    • 875 Sq Ft
    • 317 E James St
    • Ely, MN

    Quaint one level living on 3 city lots. Established yard fully fenced in with perennials and trees. Storage shed and one stall garage and off-street parking. You are welcomed into this home by a cozy covered front porch that leads into a spacious living room. Wood floors in the living room and bedrooms. Open kitchen to the dining room that leads to a full bathroom and bedroom. The basement offers

    Beth Ohlhauser Bear Island Realty LLC

    Section Image
  • 13872 Outback Rd, Ely, MN 55731

    $165,000

    • 1 Bed
    • 486 Sq Ft
    • 13872 Outback Rd
    • Ely, MN

    Country cabin on 5.9 acres just 5 miles east of Ely. The cabin is partially finished on the inside and is currently used as a seasonal cabin. There is power, propane heat, loft and a drilled well. The front of the cabin features a small porch and other outside features are a 10 x 24 garage with loft, tool shed and driveway that leads to another potential building site. Great starter cabin to use

    Chris Eilrich Wildwoods Land Company

    Section Image
  • 3579 Rogers Ave E, Ely, MN 55731

    $179,000

    • 4 Beds
    • 1 Bath
    • 2,338 Sq Ft
    • 3579 Rogers Ave E
    • Ely, MN

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich z' Up North Realty

    Section Image
  • 3579 Rodgers Ave, Ely, MN 55731

    $179,000

    • 4 Beds
    • 2 Baths
    • 2,338 Sq Ft
    • 3579 Rodgers Ave
    • Ely, MN

    Charming 4-Bedroom 2 acre country retreat with endless potential Just 10 miles outside Ely and perfectly nestled between Tower, Lake Vermilion, and Eagles Nest Lakes, this 4-bedroom home on 2 picturesque acres is a DIY renovator’s dream. Surrounded by woodland beauty and mature pines, this diamond-in-the-rough blends peaceful nature with spacious living. This property is awaiting your personal

    Andrea Zupancich Z' Up North Realty

    Section Image

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
Herrick John $61,000 Canoe Country Title
Stocks Donald W $77,500 Northeast Title Company
Musich Edward -- Northeast Title Company
Musich Ronald S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stocks Donald W $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $61,000 0.0% $50 / Sq Ft
11/15/2012 11/15/12 Sold $61,000 -28.2% $45 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/23/2012 10/23/12 Pending -- -- --
04/11/2011 04/11/11 For Sale $84,900 -- $63 / Sq Ft
Source: Range Association of 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
2023 $1,814 $99,800 $24,700 $75,100
2022 $1,608 $96,700 $23,400 $73,300
2021 $1,642 $82,300 $21,300 $61,000
2020 $1,492 $75,400 $21,300 $54,100
2019 $1,436 $75,400 $21,300 $54,100
2018 $1,416 $74,400 $21,300 $53,100
2017 $1,436 $73,700 $21,000 $52,700
2016 $1,470 $70,300 $19,100 $51,200
2015 $1,440 $73,900 $21,200 $52,700
2014 $1,440 $73,900 $21,200 $52,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 116538

Range Association of REALTORS®

APN: 030037200220