NOT LISTED FOR SALE

703 E Sheridan St Ely, MN 55731

Estimated Value: $148,237 - $211,000

3 Beds
1 Bath
1,232 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 15, 2012

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

Est. 175% increase in value since last sale

Current estimated payment $1,031/month

Highlights

  • 0.3 Acre Lot
  • Enclosed Patio or Porch
  • 3-minute walk to Whiteside Park
  • Memorial High School Rated 9+

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 Agent to Sell the Property

Don Stocks

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

Last Buyer's Agent

Don Stocks

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1960

Lot Details

  • 0.3

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Heating System Uses Oil
  • Gas Available
  • Electric Water Heater
  • Phone Available

Additional Features

  • Enclosed Patio or Porch
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 030-0372-00220

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 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
  • 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
  • Other Room 2: Back Porch, Size: 7 x 16, On Level: Main

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

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
Current Estimated Value
$167,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,809
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Sep 11, 2003
Sold by
Musich Edward
Bought by
Stocks Donald W and Stocks Connie A

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
Source: Public Records

Range of Values:

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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
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2024 $1,814 $104,800 $25,500 $79,300
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

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Map

Source: Range Association of REALTORS®

MLS Number: 116538

Range Association of REALTORS®

APN: 030037200220