NOT LISTED FOR SALE

1128 Fernberg Rd Ely, MN 55731

Estimated Value: $130,000 - $327,000

10 Acres
$18,536 Price per Acre
435,600 Sq Ft Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $63,000

Est. 194% increase in value since last sale

Current estimated payment $1,009 / mo

726 Days on Market

Highlights

  • Views
  • Many Trees
  • Level Lot
  • Elevated Lot

About This Lot

As of June 2021

Excellent hunting and recreational property on the edge of the BWCA Wilderness. This property is only 8 miles from Ely, but centrally located to the major entry points and good fishing lakes. These entry points and lakes include the Farm/Garden/White Iron Chain, Fall Lake, Tofte Lake, Lake One, Snowbank, Moose Lake chain and into Basswood Lake. This property adjoins several thousand acres of the Superior National Forest, and in addition to hunting has excellent wildlife watching possibilities It's just one mile to the BWCAW. Acreage is level and has a nice tree cover of aspen, birch, balsam,and jackpine. Partial driveway is in...power available.

Last Agent to Sell the Property

Don Stocks

Wildwoods Land Company Listed on: 04/19/2019

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $343

Lot Details

  • 10 Acre Lot
  • Elevated Lot
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Utilities

  • Phone Available

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$343

Lot Details

10 Acres

Listing Details

  • Class: LOT/LAND
  • Directions: Head east on Sheridan Street (Hwy 169) towards Winton. Vere to right at Winton and continue on highway. Highway 169 turns into County Hwy 18 (Fernberg Road).... go about 4 miles past the Garden Lake Bridge.....property will be on your right.......sign at property.
  • L O1 Office Phone1 Number: 218-365-3665
  • Renewal Options: Sell Entirely
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Recreational
  • Tax Year: 2021
  • Twp Number: 63N
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Electric, Telephone

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 400 x 1,200
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Low Land, Tree Coverage - Heavy, Tree Coverage - Medium, High, Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 342.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 15, 2021
Sold by
Dammann Gregory S and Dammann Maude L
Bought by
Nagel Sara A
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$63,000
Sold Price
$63,000
Current Estimated Value
$185,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,361
Avg. Annual Appreciation
24.98%
Original Mortgage
$30,000
Outstanding Balance
$27,161
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,200
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nagel Sara A $63,000 None Available
Nagel Sara Sara $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagel Sara A $30,000
Closed Nagel Sara Sara $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $63,000 0.0% --
06/18/2021 06/18/21 Sold $63,000 0.0% -- View Prior Sale
04/14/2021 04/14/21 Pending -- -- --
04/19/2019 04/19/19 For Sale $63,000 0.0% --
04/18/2019 04/18/19 For Sale $63,000 -- --
Source: Lake Superior Area REALTORS®

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
2025 $308 $107,200 $58,000 $49,200
2024 $234 $55,900 $55,900 $0
2023 $258 $57,200 $57,200 $0
2022 $351 $57,200 $57,200 $0
2021 $343 $48,300 $48,300 $0
2020 $415 $46,200 $46,200 $0
2019 $371 $46,200 $46,200 $0
2018 $372 $46,200 $46,200 $0
2017 $446 $46,200 $46,200 $0
2016 $413 $53,700 $53,700 $0
2015 $410 $50,100 $50,100 $0
2014 $410 $0 $0 $0
2013 $401 $0 $0 $0
2012 $434 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Stocks

    Seller's Agent in 2021

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    99 Total Sales

    Don Stocks
    Section Image
  • Jeff Hway

    Buyer's Agent in 2021

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    158 Total Sales

    Jeff Hway
    Section Image

  • M

    Buyer's Agent in 2021

    Member Non

    NON-MEMBER

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082047

APN: 28-6311-13620

Minnesota Lake County Ely 55731

1128 Fernberg Rd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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