1121 Madison St
Ely, MN 55731
5 bd 3 ba 2,414 sqft Built 1900 Lot 6,098 sqft single_family
Most recent sale
$299,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $299,000 | MLS #6102373 |
| Apr 25, 2022 | Listed | $299,900 | MLS #6102373 |
| Apr 17, 2020 | Sold | $175,000 | MLS #6088706 |
| Nov 18, 2005 | Sold | $88,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $245,932 | $9,775 | $255,707 | $3,628 |
| 2025 | $223,967 | $9,177 | $233,144 | $3,444 |
| 2023 | $172,769 | $8,318 | $181,087 | $3,000 |
| 2022 | $159,300 | $8,400 | $167,700 | $3,848 |
| 2021 | $116,930 | $7,041 | $123,971 | $2,318 |
| 2020 | $116,930 | $7,041 | $123,971 | $1,190 |
| 2019 | $67,427 | $6,077 | $73,504 | $1,124 |
| 2018 | $65,944 | $6,034 | $71,978 | $680 |
| 2017 | $43,560 | $4,547 | $48,107 | $686 |
| 2016 | $41,340 | $4,080 | $45,420 | $780 |
| 2015 | $49,900 | $4,900 | $54,800 | $676 |
| 2014 | $43,600 | $4,600 | $48,200 | $693 |
| 2013 | $43,600 | $4,600 | $48,200 | $693 |
| 2012 | $43,600 | $4,600 | $48,200 | $1,614 |
| 2011 | $73,800 | $7,500 | $81,300 | $1,302 |
| 2010 | $82,600 | $7,200 | $89,800 | $1,351 |
| 2009 | $84,500 | $7,200 | $91,700 | $1,367 |
| 2008 | $84,500 | $7,200 | $91,700 | $1,472 |
| 2007 | $78,700 | $6,700 | $85,400 | $1,395 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,414 sqft
Lot size
6,098 sqft
ZIP code
55731
City
Ely
Street
Madison St
Coordinates
47.90538, -91.84916
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,794
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1121 Madison St last sell?
1121 Madison St most recently sold on Aug 3, 2022 for $299,000.
What is the current tax assessment for 1121 Madison St?
The most recent total assessment for 1121 Madison St (year 2026) is $255,707 with $3,628 in property tax.
How does 1121 Madison St's assessment compare to its last sale price?
The current assessment is 14.5% below the last sale price of $299,000.
When was 1121 Madison St built?
1121 Madison St was built in 1900.
How does 1121 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1121 Madison St?
1121 Madison St is a 5 bed, 3 bath, 2,414 sqft, 6,098 sqft lot single_family.
Is 1121 Madison St a flip candidate?
No — 1121 Madison St does not appear in our flips dataset.
Is 1121 Madison St a tax-appeal candidate?
No — 1121 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$266.6K
2026 Q4
$269.6K
ZIP 55731 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St