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315 Shagawa Rd

Ely, MN 55731

1 bd 1 ba 592 sqft Built 1925 Lot 3,049 sqft single_family
Most recent sale
$83,500
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $83,500 MLS #6103229
May 26, 2016 Sold $42,000 Public Record
Dec 4, 2014 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,000 $2,880 $32,880 $278
2023 $21,300 $2,520 $23,820 $234
2022 $28,200 $3,800 $32,000 $678
2021 $25,200 $3,800 $29,000 $684
2020 $25,200 $3,800 $29,000 $616
2019 $25,200 $3,800 $29,000 $588
2018 $24,800 $3,800 $28,600 $578
2017 $22,200 $6,000 $28,200 $594
2016 $21,300 $6,000 $27,300 $552
2015 $21,300 $6,000 $27,300 $532
2014 $19,800 $6,000 $25,800 $542
2013 $19,800 $6,000 $25,800 $542
2012 $19,800 $6,000 $25,800 $557
2011 $20,100 $6,000 $26,100 $449
2010 $22,100 $6,000 $28,100 $463
2009 $22,600 $6,000 $28,600 $466
2008 $22,600 $6,000 $28,600 $468
2007 $17,000 $6,100 $23,100 $419

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
592 sqft
Lot size
3,049 sqft
ZIP code
55731
City
Ely
Street
Shagawa Rd
Coordinates
47.90575, -91.87145

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$888
Gross rental yield
12.76%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 315 Shagawa Rd last sell?
315 Shagawa Rd most recently sold on Apr 15, 2022 for $83,500.
What is the current tax assessment for 315 Shagawa Rd?
The most recent total assessment for 315 Shagawa Rd (year 2025) is $32,880 with $278 in property tax.
How does 315 Shagawa Rd's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $83,500.
When was 315 Shagawa Rd built?
315 Shagawa Rd was built in 1925.
How does 315 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 315 Shagawa Rd?
315 Shagawa Rd is a 1 bed, 1 bath, 592 sqft, 3,049 sqft lot single_family.
Is 315 Shagawa Rd a flip candidate?
No — 315 Shagawa Rd does not appear in our flips dataset.
Is 315 Shagawa Rd a tax-appeal candidate?
No — 315 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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