$61,000
SOLD NOV 15, 2012

703 E Sheridan St Ely, MN 55731

3 Beds
1 Bath
1,344 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

28% Below List Price

561 Days on Market

Highlights

  • Corner Lot
  • Porch
  • 3-minute walk to Whiteside Park
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room

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 Listed on: 04/11/2011

Last Buyer's Agent

Don Stocks

Wildwoods Land Company Listed on: 04/11/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Year Built

  • 1940

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Oil
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 030037200220

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.14
  • Assessment Balance: 58
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 030037200220
  • Stories: 2 Story
  • Taxes With Assessments: 628.42
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x18, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 3: Kitchen, 10x14, On Level: Main
  • Room 5: Master Bedroom, 10x15, On Level: Second Floor
  • Room 6: Bedroom, 8.5x14, On Level: Second Floor
  • Room 7: 8x10, On Level: Second Floor
  • Room 8: Porch, 7x16, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1344
  • Below Grade Finished Sq Ft: 616
  • Total Fin Square Footage: 1344
  • Total Square Footage: 1344

Exterior Features

  • Frontage Road: Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil, Propane - Tank Owned
  • Sewer: City
  • Water: City

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50 x 125
  • Lot/Land Description: Corner Lot, Paved Streets

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
$168,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,544
Avg. Annual Appreciation
7.42%

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:

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $61,000 Canoe Country Title
Warranty Deed $77,500 Northeast Title Company
Interfamily Deed Transfer -- Northeast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $69,600 Purchase Money Mortgage
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: REALTOR® Association of Southern Minnesota

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

  • Don Stocks

    Seller's Agent in 2012

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    22 in this area

    106 Total Sales

    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4245365

REALTOR® Association of Southern Minnesota

APN: 030037200220

Minnesota St Louis County Ely 55731

703 E Sheridan St, Ely, MN

This home is located at 703 E Sheridan St, Ely, MN 55731 and is currently priced at $61,000, approximately $45 per square foot. This property was built in 1940. 703 E Sheridan St is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes