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1886 Shagawa Rd

Ely, MN 55731

3 bd 2 ba 2,640 sqft Built 1963 Lot 17,424 sqft single_family
Most recent sale
$259,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $259,000 MLS #6104230
Jul 14, 2022 Listed $249,000 MLS #6104230

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,938 $33,984 $215,922 $3,162
2023 $141,353 $17,934 $159,287 $1,452
2022 $118,900 $15,535 $134,435 $1,346
2021 $110,411 $15,304 $125,715 $1,362
2020 $110,411 $15,304 $125,715 $1,238
2019 $110,411 $15,304 $125,715 $1,162
2018 $106,693 $15,970 $122,663 $1,150
2017 $106,693 $15,970 $122,663 $1,028
2016 $94,128 $16,218 $110,346 $1,004
2015 $94,100 $16,200 $110,300 $1,020
2014 $94,100 $16,200 $110,300 $1,025
2013 $94,500 $17,300 $111,800 $1,032
2012 $94,500 $17,300 $111,800 $943
2011 $86,300 $23,000 $109,300 $734
2010 $117,900 $28,300 $146,200 $844
2009 $117,900 $28,300 $146,200 $927
2008 $117,900 $28,300 $146,200 $965
2007 $117,900 $25,500 $143,400 $1,049

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,640 sqft
Lot size
17,424 sqft
ZIP code
55731
City
Ely
Street
Shagawa Rd
Coordinates
47.90384, -91.88115

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,554
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1886 Shagawa Rd last sell?
1886 Shagawa Rd most recently sold on Sep 27, 2022 for $259,000.
What is the current tax assessment for 1886 Shagawa Rd?
The most recent total assessment for 1886 Shagawa Rd (year 2025) is $215,922 with $3,162 in property tax.
How does 1886 Shagawa Rd's assessment compare to its last sale price?
The current assessment is 16.6% below the last sale price of $259,000.
When was 1886 Shagawa Rd built?
1886 Shagawa Rd was built in 1963.
How does 1886 Shagawa Rd compare to others on Shagawa Rd?
We track 8 other properties on Shagawa Rd. Browse the list under "Other properties on Shagawa Rd" to compare beds, baths, and sale history.
What are the property facts for 1886 Shagawa Rd?
1886 Shagawa Rd is a 3 bed, 2 bath, 2,640 sqft, 17,424 sqft lot single_family.
Is 1886 Shagawa Rd a flip candidate?
No — 1886 Shagawa Rd does not appear in our flips dataset.
Is 1886 Shagawa Rd a tax-appeal candidate?
No — 1886 Shagawa Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$281.9K
2026 Q4
$278.4K
ZIP 55731 — Median Price History + Forecast

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