12 days on rocket

Sale Pending

244 W Sheridan St, Ely, MN, 55731

$223,500

Home List Price

$2,654*

Closing Credit

2 Bedrooms
1 Full Bath
1,525 SqFt
$147/SqFt
House
Schools Nearby

Location

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244 W Sheridan St, Ely$223,500

Buyer Closing Credits

$2,654*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage1 space
Year Built1938
HeatingBaseboard, Steam, Hot Water, Propane
MLS #6113108
Lot Size0.14 Acres
StatusSale Pending
(PENDING)

About 244 W Sheridan St

Charming Turnkey 2BR 1BA home on a generous corner lot. Many updates over the past recent years including: newer windows, hotwater propane boiler for both the heat and hotwater, mini split for both air conditioning and heat, lighting, interior and exterior paint. The bathroom features a tub with shower surround and bamboo flooring. The main floor is open with combined living room and dining room. The kitchen is bright and features an island w/ power, newer sink, faucet, countertop, bamboo flooring, and appliances. The cozy bedrooms are located upstairs on either side of the larger landing, the location of the mini split airconditioner. The exterior features a detached 1 stall garage with new door and opener, a generous back deck and large yard perfect for many months of outdoor entertaining. Newly shingled in 2022 and stained deck in 2023. Great location; walking distance to much of what the town has to offer. Includes all the charming furnishings. Currently used as AirBnB rental with historically excellent ratings.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Stories: 1
  • Living Area: 1,525 SqFt

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Microwave, Range, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Hot Water, Propane

School Info

Assigned Schools Information:

  • Memorial High School, Public District Grades 7-12
  • Memorial Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Follow Sheridan Street to Address; on the corner of Sheridan and W 2nd. See sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $223,500
  • Price Per SqFt: $147/SqFt

Tax Information:

  • Annual Amount: $2,506
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ely, MN.

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Ely, MN

City

Med. Sold Price

$236K

Med. Price/SqFt

$173

Avg. Days On Market

293

# of Sold Homes

2

244 W Sheridan St vs Ely

12 DAYS ON ROCKET

-281 Days

$223,500

-$12.5K Less

$147/SqFt

-$27 Less

KEY TAKEAWAY

This property is $12.5K less than the Median Sold Price and $27/SqFt less than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6113108

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2014Home Sold
$90,000
Nov 05, 2004Home Sold
$92,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,506$81,200
2019$2,314$81,200
2017$2,160$77,500

History based on county public records data.

Payment Calculator

$1,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$737

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-84077
5
/10

  • Washington Elementary School

  • 600 E Harvey St

  • 0.60 miles

  • Public District Grades PK-5

Middle School

school-card-donut-84078
7
/10

  • Memorial Middle School

  • 600 E Harvey St

  • 0.60 miles

  • Public District Grades 6-8

High School

school-card-donut-84079
8
/10

  • Memorial High School

  • 600 E Harvey St

  • 0.60 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,867. The most common annual income of people living in Ely, MN is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 244 W Sheridan St

What is the listing price of this property?

The listing price of 244 W Sheridan St property is $223,500.

What type of property is this?

The property 244 W Sheridan St is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Sale Pending: 244 W Sheridan St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 244 W Sheridan St are:
Washington Elementary School: GreatSchools Rating 5/10
Memorial Middle School: GreatSchools Rating 7/10
Memorial High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,506 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 31, 2014 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 244 W Sheridan St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 244 W Sheridan St is 1,525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 244 W Sheridan St is 1938.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›244 W Sheridan St

This home is located at 244 W Sheridan St in Ely, MN and zip code 55731. This 1,525 square foot home, which was built in 1938, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $223,500.

In March 2024 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In March 2024 in Ely, MN there were 4.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 293 days, the median list price was $236,000.

From Rocket Homes Real Estate and based on county public records data.

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