NOT LISTED FOR SALE

924 E Sheridan St Ely, MN 55731

Estimated Value: $76,000 - $198,000

2 Beds
1.5 Baths
1,921 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $32,500 $17 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $1,129/month

8 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Forced Air Heating System
  • Memorial High School Rated 9+
  • Bathroom on Main Level
  • 3-minute walk to Whiteside Park

About This Home

As of September 2019

Ambitious Hardworker with a vision, this one is for you! This is a two bedroom home with a bath upstairs and a 1/4 bath on the main level. Separate dining room, large living room and main floor laundry. Some sweat equity will get you somewhere with this one! Great potential for someone that's not afraid of some work.

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 08/14/2019

Last Buyer's Agent

Don Stocks

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 18x34

Parking

  • No Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 030-0380-00320

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: in town
  • L O1 Office Phone1 Number: 218-827-2288
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1241
  • Below Grade Finished Sq Ft: 680
  • Garage Type: None
  • Heat: Forced Air, Oil
  • Bedroom 3: Family Room
  • TotalBedrooms: 2
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1921
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 18x34
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 030-0380-00320

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 1034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Peterson Joni Marie and Peterson Steven D
Bought by
Peterson Joni M and Peterson Steven D
Current Estimated Value
$188,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$20,004
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$125,885

Purchase Details

Closed on
Apr 29, 2021
Sold by
Hilligoss Partnership
Bought by
Lien Joni M

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 27, 2019
Sold by
Hilligoss Partnership
Bought by
Lien Joni M
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$32,500
Sold Price
$32,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.11%
Original Mortgage
$17,500
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Jul 25, 2014
Closed on
Jul 22, 2014
Sold by
Boundary Waters Bank
Bought by
Hilligoss Partnership
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$31,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Williamson Kathryn I and Williamson Stephen
Bought by
Boundary Waters Bank

Purchase Details

Closed on
Dec 10, 2002
Sold by
Mayerle William F and Mayerle Bonnie I
Bought by
Williamson Stephen and Williamson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.23%
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
Peterson Joni M $500 Northeast Title Company
Lien Joni M $32,500 Northeast Title Company
Lien Joni M $32,500 None Available
Hilligoss Partnership $30,000 None Available
Boundary Waters Bank $55,333 None Available
Williamson Stephen $31,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Joni M $25,000
Previous Owner Lien Joni M $17,500
Previous Owner Williamson Stephen $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $32,500 0.0% $17 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $32,500 +4.8% $17 / Sq Ft
07/28/2014 07/28/14 Sold $31,000 0.0% $25 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Sold $31,000 -51.6% $25 / Sq Ft View Prior Sale
07/25/2014 07/25/14 Pending -- -- --
07/25/2014 07/25/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $64,000 -- $52 / 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 $1,714 $159,900 $28,500 $131,400
2023 $1,714 $83,200 $27,500 $55,700
2022 $642 $47,300 $26,100 $21,200
2021 $900 $41,400 $23,700 $17,700
2020 $1,136 $39,400 $23,700 $15,700
2019 $1,094 $56,500 $23,700 $32,800
2018 $1,292 $55,900 $23,700 $32,200
2017 $1,302 $67,000 $27,000 $40,000
2016 $1,334 $63,500 $24,500 $39,000
2015 -- $78,300 $27,200 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085669

APN: 030038000320