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7719 Ely Lake Drive

7719 Ely Lake Drive, Eveleth, MN 55734
Property in Fayal
Sold Aug 24, 2016
$178,700
$160,830 by Cu Mortgage Services Inc
Mortgage Due Aug 01, 2046
Sold Jul 08, 2011
$159,900
7719 Ely Lake Drive in Eveleth, MN was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 3 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7719 Ely Lake Drive has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 972 sqft and has been categorized as a full basement. In total, the area measurement of the land is 44,637 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 1,528 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7719 Ely Lake Drive was last sold in Jul 28, 2016 for $178,700. According to our calculations, that's $165.46 per sqft. Prior to that sales transaction, the property was sold for $159,900 in Jun 30, 2011. Current property owners are expected to pay $2,464 in taxes per year. The property on 7719 Ely Lake Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $234,700. To break that down further, the land itself was valued at $49,800. While improvements to the property were assessed at a total of $184,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 2
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 972
  • Garage Type: Garage
  • Garage Square Area: 1,528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,637
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADDITION TO ELY LAKE GARDENS
  • Land Acres: 1.024
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST 1/2 SERIAL #

Ownership

  • Current Owner : POLACEC JAMES T
  • Previous Owner : NELSON ALLEN W
  • Previous Owner 2: NELSON BARBARA
  • Owner Before Previous Owner: WAINIO JAMES D
  • Owner Before Previous Owner 2: WAINIO PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eveleth-Gilbert School District
  • School Tax School District: 2909
  • Census Tract: 013400

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: MB 85
  • Account Number: 1015041
  • District: 340
  • Parcel: 340-0085-00025
  • Lot: 2
  • Municipality: TOWN OF FAYAL
  • Latitude: 47.4375
  • Longitude: -92.4971

    Address

  • Full Address: 7719 Ely Lake Dr
  • Address - House Number: 7719
  • Address - Street Name: Ely Lake
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Eveleth
  • Carrier Code: C004
  • 4-Digit Zip Code: 4028
  • Zip Code: 55734

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,464
  • Tax Rate Code Area: TOWN OF FA

    Appraisal Valuation

  • Standard Deviation: 0.2776
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 60
  • Final Value: 293,510
  • High Value: 375,009
  • Low Value: 212,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,830
  • First Open Lien Mortgage Lender: CU MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Aug 24, 2016
  • First Open Lien Mortgage Loan Amount: $160,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2046

    Market Valuation

  • Market Total Value: $234,700
  • Market Land Value: $49,800
  • Market Improvement Value: $184,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,700
  • Assessed Land Value: $49,800
  • Assessed Improvements Value: $184,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Aug 24, 2016
  • Current Sale Transaction ID: 1754618776
  • Current Sale Price: $178,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1291741
  • Previous Sale Recording Date: Jul 08, 2011
  • Previous Sale Contract Date: Jun 30, 2011
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CU MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Aug 24, 2016
  • First Mortgage Loan Amount: $160,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

About St. Louis



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Frequently Asked Questions

What neighborhood is 7719 Ely Lake Drive located in?
The 7719 Ely Lake Drive is a located in the neighborhood of Fayal in St. Louis, Eveleth.
What is the average sales price for listings in 7719 Ely Lake Drive?
The average sales price for units in 7719 Ely Lake Drive is $0 currently.

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