NOT LISTED FOR SALE

730 E Madison St Ely, MN 55731

Estimated Value: $26,201 - $52,000

0.35 Acre
$124,000 Price per Acre
15,246 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $22,500 $15 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $258/month

140 Days on Market

Highlights

  • 0.35 Acre Lot
  • High Speed Internet
  • Level Lot
  • Memorial High School Rated 9+
  • Satellite Dish
  • 5-minute walk to Whiteside Park

About This Lot

As of May 2021

Great central location on quiet extra large 100' x 153' lot. Over 25 truck loads of fill was recently brought in to level off the lot for you to build your dream home. City water, City sewer and electric are available. Walking distance to the Trezona Hiking Trail, Whiteside Park and Ely Schools.

Last Agent to Sell the Property

Jim Burke

Keller Williams Classic Realty NW Listed on: 11/23/2020

Keller Williams Classic Realty NW

Last Buyer's Agent

Don Stocks

Wildwoods Land Company

Property Details

Property Type

  • Land

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 153
  • Level Lot

Utilities

  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: In the Town of Ely.
  • InternetOptions: Cable, DSL, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, City

Utilities

  • Available Utilities: City Water, City Sewer, Electric
  • Power Company: City Of Ely

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100 x 153
  • Estimated Number of Acres: 0.35
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Level

Rental Info

  • Lease Terms: Assumption, Cash, Conventional, VA/DVA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jun 4, 2021
Sold by
State Of Minnesota
Bought by
Nyquist Roger J and Nyquist Deborah N
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$22,500
Sold Price
$22,500
Current Estimated Value
$43,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,900
Avg. Annual Appreciation
15.28%
Original Mortgage
$18,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 14, 2021
Sold by
Nyquist Roger J and Nyquist Deborah N
Bought by
Marsolek Edward C
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$22,500
Sold Price
$22,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nyquist Roger J $11,400 None Available
Marsolek Edward C $22,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsolek Edward C $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $22,500 0.0% $15 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $22,500 -- $15 / 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 $372 $18,200 $18,200 $0
2023 $372 $17,600 $17,600 $0
2022 $346 $16,700 $16,700 $0
2021 $386 $15,200 $15,200 $0
2020 $346 $15,200 $15,200 $0
2017 $416 $56,600 $16,300 $40,300
2016 $434 $54,000 $14,900 $39,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Burke

    Keller Williams Classic Realty NW

    Section Image
  • Don Stocks

    Buyer's Agent in 2021

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    23 in this area

    106 Total Sales

    Don Stocks
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094213

APN: 030028500580

Minnesota St Louis County Ely 55731

730 E Madison St, Ely, MN

Not Listed for Sale

Lots

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