1229 E Sheridan St, Ely, MN, 55731

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1229 E Sheridan St, Ely$199,000

Buyer Closing Credits

$2,363^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

Year Built1935

HeatingForced Air, Oil

CoolingDuctless, Ceiling Fan(s)

MLS #6113923

Lot Size0.13 Acres

StatusActive
(ACTIVE)

About 1229 E Sheridan St

The Blue Moose is an updated 2 Bedroom, 1 Bath home. Charming, well maintained, and located on Sheridan Street; Ely's main street. A Turnkey, licensed short term Airbnb rental, with growing and successful rental history. The home has generous front & back entries, wood accents, tin ceilings, laminate and wood flooring.New(er) items include: shingles on house and garage, painted garage, all appliances, furnishings, egress window on upper level, and mini split air conditioner. Outside features a 2 stall detached garage and picnic area with privacy panels. Furnishings and appliances included with sale. Rental history available. Compliant sewer. This is an excellent location to all of Ely's offerings. Blue Moose Ely, Minnesota will access the current website.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1935
• Stories: 2
• Living Area: 1,012 SqFt

Listing Office:

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

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Range, Refrigerator, Washer
• Interior: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Drywalls, Dryer Hook-Ups, Washer Hook-Ups

Bedroom and Bathroom Information:

• Total Bedroom Count: 2

Exterior Features

Parking Information:

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

Virtual/3D Tour

• 3D Tour: 1229 E Sheridan St

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Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.13 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Oil
• Cooling: Ductless, Ceiling Fan(s)

Other

Directions Information:

• Directions: Follow Sheridan to Address, there is no sign.

Price Information

Listing Price Info

Price Summary:

• List Price: $199,000
• Price Per SqFt: $197/SqFt

Tax Information:

• Annual Amount: $1,720
• Tax Year: 2020

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Housing Market Comparison

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

Ely, MN

City

Med. Sold Price

$199K

Med. Price/SqFt

$145

Avg. Days On Market

68

# of Sold Homes

8

1229 E Sheridan St vs Ely

206 DAYS ON ROCKET

+138 Days

$199,000

-$0 Less

$197/SqFt

+$52 More

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $52/SqFt more than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #6113923

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: 12/22/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,720	$54,400
2019	$1,584	$54,400
2017	$1,536	$54,000

History based on county public records data.

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**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›1229 E Sheridan St

This home is located at 1229 E Sheridan St in Ely, MN and zip code 55731. This 1,012 square foot home, which was built in 1935, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $199,000.

Ely, MN housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Ely, MN real estate market has seen decrease in the number of listings by 16.7%. In November 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $199,000.

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