NOT LISTED FOR SALE

12983 E Ridge Rd Ely, MN 55731

Estimated Value: $254,000 - $469,000

2 Beds
1 Bath
728 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $104,900 $144 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,880/month

About This Home

As of July 2016

Be sure to check out this charming cabin in the woods! Beautifully built cabin is located very close to Ely, White Iron Lake, the BWCA and all that the Ely area has to offer. Featuring two bedrooms, one bath and a cozy fireplace, this cabin is ready for your enjoyment now. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This ongoing initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary or secondary residence.

Last Agent to Sell the Property

Ryan Belt

Iron Country Realty License #40277624 Listed on: 05/25/2016

Last Buyer's Agent

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505

Keller Williams Classic Realty Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 2005

Lot Details

  • 4.3 Acre Lot
  • Irregular Lot

Home Design

  • 728 Sq Ft Home
  • Wood Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Well
  • Septic System

Additional Features

  • Electric Range
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 28-6226-01020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Irregular Lot Size: Yes
  • Lvt Date: 05/16/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 28-6226-01020
  • Patioporch: Deck
  • Real Estate Tax: 1235
  • Type: Residential
  • Year Built: 2005
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 728
  • Bedroom 1: Size: 12x10, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Bedroom 2: Size: 12x10, On Level: Main
  • Dining Room: On Level: Main
  • Kitchen: Size: 10x10, On Level: Main
  • Living Room: Size: 10x10, On Level: Main
  • Main Level Bedrooms: 2
  • Rec Room: On Level: Main

Exterior Features

  • Roof: Asphalt

Utilities

  • Utilities: Septic, Well

Lot Info

  • Lot Size: Dimensions: 200x400
  • Number Of Acres: 4.3
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 14, 2016
Bought by
Earle Ken Ken
Seller's Agent
Ryan Belt
Iron Country Realty
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$104,900
Current Estimated Value
$334,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,175
Avg. Annual Appreciation
13.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Earle Ken Ken $104,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $104,900 -- $144 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
Source: Range Association of REALTORS®

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
2025 $1,486 $227,500 $64,400 $163,100
2024 $830 $208,300 $60,600 $147,700
2023 $924 $202,800 $60,600 $142,200
2022 $1,135 $204,300 $60,600 $143,700
2021 $1,116 $127,600 $55,300 $72,300
2020 $1,238 $123,100 $53,700 $69,400
2019 $125 $128,000 $64,000 $64,000
2018 $1,266 $128,000 $57,800 $70,200
2017 $1,234 $128,700 $57,800 $70,900
2016 $1,235 $128,000 $64,000 $64,000
2015 $1,204 $128,600 $64,600 $64,000
2014 $1,204 $0 $0 $0
2013 $1,130 $0 $0 $0
2012 $1,139 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Belt

    Iron Country Realty

    (218) 410-9009

    45 Total Sales

    Ryan Belt
    Section Image
  • Wendy Johnson

    Buyer's Agent in 2016

    Wendy Johnson

    Keller Williams Classic Realty Northwest

    (218) 349-7731

    57 Total Sales

    Wendy Johnson
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 129448

Range Association of REALTORS®

APN: 28-6226-01020

Minnesota Lake County Ely 55731

12983 E Ridge Rd, Ely, MN

Not Listed for Sale

Detached

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