NOT LISTED FOR SALE

1095 Fernberg Rd Ely, MN 55731

Estimated Value: $234,000 - $437,000

10 Acres
$31,452 Price per Acre
435,600 Sq Ft Lot

Last Sold September 19, 2012

Last sale price $50,000

Est. 504% increase in value since last sale

Current estimated payment $1,718/month

435 Days on Market

About This Lot

As of September 2012

10+/- acres of heavily wooded land located 8+/- miles east of Ely off the Fernberg Road. There is a driveway into a potential building site and power on the parcel. Nice mature tree cover of aspen, birch, maple, spruce, and balsam. Building sites are level with views into valleys on the property. Adjoins thousands of acres of Country and National Forest lands to the north. BWCAW is 1.5+/- miles to the north with all government land in between!

Last Agent to Sell the Property

Jeff Hway

Bear Island Land Co., Inc Listed on: 06/16/2011

Last Buyer's Agent

Jeff Hway

Bear Island Land Co., Inc Listed on: 06/16/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 540 x 804
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 28-6311-14912

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Assessments: Unknown
  • Parcel Number: 28-6311-14912
  • Range: 11W
  • Section: 14
  • Twp Number: 63N
  • Estimated Number of Acres: 10
  • Additional Information: Survey
  • Land Improvements: Paved, Unpaved, Private
  • Topography: Lowland, Rolling
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Electric
  • On Site Utilities: Electric, Telephone

Schools

  • School District: Ely #696

Lot Info

  • Lot/Land Description: Low Land, Tree Coverage - Medium
  • Estimated Lot Dimensions: 540 x 804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2011
Closed on
Sep 19, 2012
Sold by
Wetzel Blessings Llc
Bought by
Nickerson Newton C and Nickerson Mary A
Seller's Agent
Jeff Hway
Bear Island Land Co., Inc
Buyer's Agent
Jeff Hway
Bear Island Land Co., Inc
List Price
$69,000
Sold Price
$50,000
Premium/Discount to List
-$19,000
-27.54%
Current Estimated Value
$302,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,091
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
Sep 19, 2007
Sold by
Wetzel Thomas A and Wetzel Rebecca J
Bought by
Wetzel Blessings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nickerson Newton C $50,000 Northeast Title Company
Wetzel Blessings Llc -- Northeast Title Company
Wetzel Thomas A $60,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $50,000 -27.5% --
08/24/2012 08/24/12 Pending -- -- --
06/16/2011 06/16/11 For Sale $69,000 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $864 $203,000 $66,800 $136,200
2023 $830 $211,100 $66,800 $144,300
2022 $1,026 $165,200 $63,800 $101,400
2021 $1,000 $116,100 $51,900 $64,200
2020 $1,133 $111,100 $49,600 $61,500
2019 $1,140 $117,700 $55,600 $62,100
2018 $1,038 $117,700 $55,600 $62,100
2017 $1,026 $107,100 $46,100 $61,000
2016 $1,001 $108,000 $53,600 $54,400
2015 $886 $106,000 $54,400 $51,600
2014 $886 $0 $0 $0
2013 $533 $0 $0 $0
2012 $573 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Hway

    Bear Island Land Co., Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3570261

REALTOR® Association of Southern Minnesota

APN: 28-6311-14912

Minnesota Lake County Ely 55731

1095 Fernberg Rd, Ely, MN

This home is located at 1095 Fernberg Rd, Ely, MN 55731 since 16 June 2011 and is currently estimated at $314,515. 1095 Fernberg Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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