Historic, Finished Basement, Craftsman
1910 Ely Home from Town Mural, Four Levels, Original Details — $93,500
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | 1910 historic home, 4BR/3BA, 2646 sqft, named in town lore, preserved character details throughout |
| Condition | 25% | 6 | Major preliminary work done (roof, chimney, sewer, electric); interior restoration remains significant |
| Price / Sq Ft | 15% | 10 | Listing $35/sqft vs zip median $337/sqft — 90% below; thin 7-comp data but directional signal is extreme |
| Price vs. Market | 5% | 10 | $93,500 vs $282,417 zip median — 67% below; thin market, acreage-mixed comps may inflate median |
| Market Conditions | 5% | 8 | 92.3% sale-to-list, 46.2% price drops, 64-day median DOM — clear buyer's market signals |
This house is in the town mural. That alone tells you something about what it once was. The Crossman home, built in 1910, was known for its grand porches and a widow's walk, and it was prominent enough that Ely put it on public display. That history is still legible in the structure: hardwood floors, decorative millwork and hardware, cast iron radiators, original bath fixtures, and an arched doorway that has been encased but still exists behind the wall. The bones of a serious house are still here.
At 2,646 square feet across four levels, this is a big house for a small price. The main floor runs nine-foot ceilings. The second level is eight feet. The third drops to seven. Below all of that is a basement with staff quarters, lookout windows, and a below-grade entrance. Four bedrooms, each with walk-in closets. Three bathrooms. Natural light throughout, according to the listing, and the room proportions sound generous. You could house a large family here, or take your time restoring it floor by floor, living in it as you go.
The previous owner got partway through that work, and what they completed matters. The roof is done. The chimney is repaired. The sewer line has been scoped. The electrical service is updated. These are the invisible, expensive things that stop projects cold, and they are finished. What remains is interior restoration, which is significant but visible. You can see what you are getting into, room by room.
At $35 per square foot, in a zip code where the median runs around $337, this is priced like a project, because it is one. The porches have been removed, not yet replaced. The arched doorway is still encased. There is real work ahead. A buyer who wants a finished house should look elsewhere.
A buyer who wants a historically significant 1910 home in the heart of Ely, with the structural and mechanical groundwork already laid, at a price that leaves room to actually do the restoration right — this is where to look.
