539 E Chapman St, Ely, MN, 55731

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

539 E Chapman St, Ely$169,000

Buyer Closing Credits

$2,007^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

HeatingForced Air, Propane

CoolingWindow Unit(s)

ViewCity Lights

MLS #6116524

Lot Size0.11 Acres

StatusActive
(ACTIVE)

About 539 E Chapman St

Location, Location, Location...close to Ely Schools, the park, ball fields, library, downtown shops and restaurants. The main level consists of a kitchen, living room, bathroom and laundry area. The upstairs has 3 bedrooms and ¼ bath. Hardwood floors throughout the house. New propane furnace fall of 2023. Fenced back yard with patio area and large deck. Large 2 stall detached garage with work bench. Compliant sewer.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Stories: 2
• Living Area: 1,152 SqFt

Listing Office:

• Office Name: Wildwoods Land Company
• Listing Agent: Don Stocks

Interior Features

Interior Information:

• Appliances: Dryer, Range, Refrigerator, Washer

Bedroom and Bathroom Information:

• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: City Lights
• Exterior: Deck, Fenced Yard - Full, Patio

Parking Information:

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

Lot Features

Lot Information:

• Lot Size: 0.11 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Propane
• Cooling: Window Unit(s)

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: in town - sign in yard

Price Information

Listing Price Info

Price Summary:

• List Price: $169,000
• Price Per SqFt: $147/SqFt

Tax Information:

• Annual Amount: $734
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Ely, MN

City

Med. Sold Price

$266K

Med. Price/SqFt

$222

Avg. Days On Market

93

# of Sold Homes

22

539 E Chapman St vs Ely

25 DAYS ON ROCKET

-68 Days

$169,000

-$97K Less

$147/SqFt

-$75 Less

KEY TAKEAWAY

This property is $97K less than the Median Sold Price and $75/SqFt less than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #6116524

Listing Office:

• Office Name: Wildwoods Land Company
• Listing Agent: Don Stocks

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: 11/5/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 12, 2011	Sep 12, 2011Home Sold	$65,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$734	$73,300
2019	$636	$43,980
2017	$404	$33,780

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$911

Per Month

Principal & Interest

$844

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$573

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›539 E Chapman St

This home is located at 539 E Chapman St in Ely, MN and zip code 55731. This 1,152 square foot home sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $169,000.

In October 2024 more than 3 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 16 were sold below. The number of listings in Ely, MN decreased by 4% between September 2024 and October 2024. In October 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $266,000.

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