Sold for $220,000

$220,000

1249 E Madison St, Ely, MN 55731

3beds

2baths

2,940sqft

SingleFamily

Built in 1920

7,840 Square Feet Lot

$221,100 Zestimate^®

$75/sqft

$1,793 Estimated rent

Home value

$221,100

$210,000 - $232,000

$1,793/mo

Zestimate^® history

Owner options

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$1,793/mo

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$1,793/mo

Rent Zestimate^®

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$1,126/mo

Est. payment

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$1,126/mo

Est. payment

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What's special

This immaculate 3-bedroom, 2-bath home was completely renovated and features new flooring, paint, doors, windows, trim, propane heating system, plumbing, updated electrical and high efficiency washer and dryer. There is a full basement with workshop, shower and plenty of storage room. The home sits on a large corner lot with large pines, apple trees, a cherry tree, established vegetable garden and brand new cedar fence. Large 2-stall detached garage. Beautifully updated and meticulously maintained, this home is move-in ready. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Kate Davies

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2.5

Heating

Radiant

Cooling

Central

Features

Flooring: Hardwood
Basement: Unfinished

Interior area

Total interior livable area: 2,940 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached

Features

Exterior features: Wood
Has view: Yes
View description: City

Lot

Size: 7,840 sqft

Details

Parcel number: 030020001655

Construction

Type & style

Home type: SingleFamily

Materials

Wood
Roof: Asphalt

Condition

Year built: 1920

Community & neighborhood

Location

Region: Ely

Price history

Date	Event	Price
6/2/2026	Sold	$220,000+77.4%$75/sqft
Source: Public Record Report a problem
4/21/2014	Sold	$124,000-6.7%$42/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #2087727 Report a problem
12/12/2013	Listing removed	$132,900$45/sqft
Source: Bear Island Land Co., Inc #6001521 Report a problem
11/24/2013	Price change	$132,900-5%$45/sqft
Source: Bear Island Land Co., Inc #6001521 Report a problem
8/25/2013	Listed for sale	$139,900+3.7%$48/sqft
Source: Bear Island Land Co., Inc #6001521 Report a problem
10/17/2012	Listing removed	$134,900$46/sqft
Source: Bear Island Land Co., Inc #27083 Report a problem
10/11/2012	Listed for sale	$134,900+3.8%$46/sqft
Source: Bear Island Land Co., Inc #27083 Report a problem
4/30/2010	Sold	$130,000+136.4%$44/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1158649 Report a problem
9/25/2003	Sold	$55,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,412 +0.7%	$135,500 +5.5%
2023	$1,402 +26.5%	$128,400 +9.7%
2022	$1,108 +20.4%	$117,000 +18.8%
2021	$920	$98,500 +11.4%
2020	$920	$88,400
2019	$920 +45.1%	$88,400 +16.6%
2018	$634 -26.5%	$75,800
2017	$862 +36%	$75,800 +3.8%
2016	$634 -2.8%	$73,000 +60.4%
2015	$652 -57.3%	$45,500 +17%
2014	$1,528 +198.1%	$38,900
2013	$513 +3.4%	$38,900 +4%
2012	$496 +12.1%	$37,400 -41.3%
2011	$442 -57.6%	$63,700 -6.9%
2010	$1,043	$68,400
2009	$1,043 -7.9%	$68,400 -1.9%
2008	$1,133 -1.5%	$69,700
2007	$1,150 +23.6%	$69,700 +11.7%
2006	$931 +9.7%	$62,400 +32.2%
2004	$848 +158%	$47,200 +12.1%
2003	$329 +16.7%	$42,100 +9.9%
2002	$282 -10.9%	$38,300 +8.5%
2001	$316 +45.6%	$35,300 +9.6%
2000	$217	$32,200