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8 Shagawa Rd

Ely, MN 55731

3 bd 2 ba 1,768 sqft Built 1920 Lot 3,485 sqft single_family
Most recent sale
$120,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2024 Sold $143,000 RangeMLS
Apr 3, 2024 Listing removed NorthstarMLS
Nov 1, 2023 Listed $149,000 LakeSuperiorAreaRealtors
Nov 1, 2023 Listing removed LakeSuperiorAreaRealtors
Oct 28, 2023 Listing removed RangeMLS
Oct 28, 2023 Listed $149,000 RangeMLS
Oct 17, 2023 Price changed $149,000 NorthstarMLS
Sep 9, 2023 Price changed $152,000 NorthstarMLS
Aug 25, 2023 Price changed $155,900 NorthstarMLS
Aug 7, 2023 Price changed $158,900 LakeSuperiorAreaRealtors
Aug 6, 2023 Price changed $158,500 NorthstarMLS
Jul 12, 2023 Listed $159,500 NorthstarMLS
Dec 29, 2021 Sold $120,000 MLS #142402
Dec 17, 2021 Sold $120,000 MLS #6100157
Sep 25, 2021 Listed $139,000 MLS #142402
Mar 27, 2020 Sold $76,500 MLS #138863
Mar 19, 2020 Sold $76,500 MLS #6088191
Feb 10, 2020 Listed $72,000 MLS #5483800
Dec 8, 2018 Sold $48,000 MLS #6077815
Aug 14, 2018 Listed $54,900 MLS #6077815

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $106,085 $4,216 $110,301 $1,340
2025 $94,606 $3,923 $98,529 $1,234
2023 $83,200 $4,800 $88,000 $1,642
2022 $39,780 $2,640 $42,420 $594
2021 $35,400 $2,640 $38,040 $604
2020 $35,400 $2,640 $38,040 $1,194
2019 $55,200 $4,400 $59,600 $436
2018 $32,640 $2,640 $35,280 $414
2017 $31,680 $2,580 $34,260 $428
2016 $30,420 $2,580 $33,000 $374
2015 $30,400 $2,600 $33,000 $342
2014 $28,200 $2,600 $30,800 $353
2013 $28,200 $2,600 $30,800 $352
2012 $28,200 $2,600 $30,800 $375
2011 $28,800 $2,600 $31,400 $317
2010 $52,800 $4,300 $57,100 $336
2009 $54,000 $4,300 $58,300 $342
2008 $54,000 $4,300 $58,300 $409
2007 $50,200 $4,300 $54,500 $378

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,768 sqft
Lot size
3,485 sqft
ZIP code
55731
City
Ely
Street
Shagawa Rd
Coordinates
47.90481, -91.86833

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8 Shagawa Rd last sell?
8 Shagawa Rd most recently sold on Dec 29, 2021 for $120,000.
What is the current tax assessment for 8 Shagawa Rd?
The most recent total assessment for 8 Shagawa Rd (year 2026) is $110,301 with $1,340 in property tax.
How does 8 Shagawa Rd's assessment compare to its last sale price?
The current assessment is 8.1% below the last sale price of $120,000.
When was 8 Shagawa Rd built?
8 Shagawa Rd was built in 1920.
How does 8 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 8 Shagawa Rd?
8 Shagawa Rd is a 3 bed, 2 bath, 1,768 sqft, 3,485 sqft lot single_family.
Is 8 Shagawa Rd a flip candidate?
Yes — 8 Shagawa Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8 Shagawa Rd a tax-appeal candidate?
No — 8 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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