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112 S 16th Ave, Ely, MN, 55731

$205,000

Home List Price

$2,434*

Closing Credit

3 Bedrooms
2 Baths
1,040 SqFt
$197/SqFt
House

Location

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112 S 16th Ave, Ely$205,000

Buyer Closing Credits

$2,434*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage2 spaces
Year Built1956
HeatingForced Air
FireplaceGas
MLS #6117385
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 112 S 16th Ave

Charming 3-bedroom home on quiet street. Dine-in Kitchen with breakfast bar, large windows throughout, and a beautiful and unique gas fireplace in livingroom. Large basement with lots of bonus space and additional bathroom and the 2-stall detached garage includes a large attached 3-season porch off the back! This home is just waiting on your decorative touch.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: Canoe Capital Realty, LLC
  • Listing Agent: Chad Davis

Interior Features

Interior Information:

  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Sheridan St to HWY 1 head south. Turn right on Harvey St then left on 16th. Second house on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $205,000
  • Price Per SqFt: $197/SqFt
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Housing Market Comparison

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

Med. Sold Price

$84K

Med. Price/SqFt

$66

Avg. Days On Market

62

# of Sold Homes

2

112 S 16th Ave vs Ely

3 DAYS ON ROCKET

-59 Days

$205,000

+$121K More

$197/SqFt

+$130 More

KEY TAKEAWAY

This property is $121K more than the Median Sold Price and $130/SqFt more than other homes in Ely, MN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #6117385

Listing Office:

  • Office Name: Canoe Capital Realty, LLC
  • Listing Agent: Chad Davis

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. ©2025 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: 1/6/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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NMLS#3030

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.

Nearby Schools

school-card-donut-747503
7
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-747504
4
/10
  • Babbit Elementary School

  • 30 South Dr

  • 14.24 miles

  • Public District Grades PK-6

school-card-donut-747505
2
/10
  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 21.02 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,634. Most Ely, MN residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 112 S 16th Ave

What is the listing price of this property?

The listing price of 112 S 16th Ave property is $205,000.

What type of property is this?

The property 112 S 16th Ave is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 112 S 16th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 112 S 16th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 112 S 16th Ave is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 112 S 16th Ave is 1956.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›112 S 16th Ave

This home is located at 112 S 16th Ave in Ely, MN and zip code 55731. This 1,040 square foot home, which was built in 1956, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $205,000.

In December 2024 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Ely, MN between November 2024 and December 2024 decreased by 1.9%. The median list price of listings available in December 2024 was $84,000, while the average time on the real estate market was 62 days.

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

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