NOT LISTED FOR SALE

1152 Fernberg Rd Ely, MN 55731

Estimated Value: $146,000 - $292,000

-- Bed
-- Bath
144 Sq Ft
$1,662/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $66,500 $462 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,382/month

179 Days on Market

Highlights

  • 1-Story Property
  • Many Trees
  • Wood Siding

About This Home

As of February 2015

10 acres, aproximately. 8 miles east of Ely out the Fernberg Rd. Here you will find a very nice, simple, one-room cabin to enjoy this wilderness setting! The 12x 12 cabin with a deck is located at the end of a long, winding driveway and offers great privacy and solitude. Cabin is well built and has a nice wood paneled interior with a vaulted ceiling. Adjoins thousands of acres of government owned lands to the east and south. Its just one mile through the woods to the BWCAW! Acreage is level and has a nice tree cover of aspen, birch, balsam, and spruce. Presently no well or septic, but can be added anytime. Power available. The Fernberg Road corridor is known as a very wilderness type area--with the BWCAW close on 3 sides!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 2012

Lot Details

  • 10.1 Acre Lot
  • Lot Dimensions are 1350 x 323
  • Property fronts a county road
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 144 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 28-6311-13615,13555

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Seasonal Used
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 10.1
  • Construction: Previously Owned
  • Parcel Number: 28-6311-13615,13555
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room 1: Living Room, 12x12, On Level: Main
  • Finished Above Grade Sq Ft: 144
  • Total Square Footage: 144

Exterior Features

  • Frontage Road: County, Gravel, Paved
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 1350 x 323
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2014
  • Tax Value: 595.08

MLS Schools

  • School District: Lake Superior #381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Feb 25, 2015
Sold by
Martin Monte Monte
Bought by
Walsh James James
List Price
$69,500
Sold Price
$66,500
Premium/Discount to List
-$3,000
-4.32%
Total Days on Market
179
Current Estimated Value
$239,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,806
Avg. Annual Appreciation
16.38%

Range of Values:

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Average Value
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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
Walsh James James $66,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2015 02/25/15 Sold $66,500 -4.3% $462 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
07/18/2014 07/18/14 For Sale $69,500 -- $483 / Sq Ft
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 $662 $222,900 $60,800 $162,100
2023 $591 $230,400 $60,800 $169,600
2022 $895 $195,700 $60,800 $134,900
2021 $572 $139,500 $53,200 $86,300
2020 $934 $64,400 $63,100 $1,300
2019 $493 $53,200 $49,200 $4,000
2018 $496 $53,200 $49,200 $4,000
2017 $553 $53,200 $49,200 $4,000
2016 $451 $60,500 $56,500 $4,000
2015 $448 $54,700 $53,400 $1,300
2014 $448 $0 $0 $0
2013 $532 $0 $0 $0
2012 $571 $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4650394

REALTOR® Association of Southern Minnesota

APN: 28-6311-13615