NOT LISTED FOR SALE

13338 Farm Lake Access Rd Ely, MN 55731

Estimated Value: $211,881 - $394,000

2 Beds
-- Bath
800 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $170,000 $212 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,639/month

90 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Main Floor Primary Bedroom
  • Docks
  • Deck
  • Loft

About This Home

As of October 2022

Unique opportunity on Farm Lake, Ely MN. The East property line is the Boundary Waters Canoe Area Wilderness! The cabin, built in 2000 with an addition in 2015, is nestled into a 3.3 +/- acre wooded lot with approx. 200’ of shoreline. Main level bedroom, 14 x 20 loft, kitchen, LR, and 2 decks. Tongue and groove throughout, level lot and panoramic lake views only 7 miles from Ely. Metal roof, propane & electric heat, electric refrigerator & oven/stove. Serene setting with excellent fishing and stunning sunsets. Access to the property is by boat from public landing.

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 06/23/2022

Co-Listed By

Anna Yahnke

Bear Island Realty LLC

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC Listed on: 06/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 2000

Lot Details

  • 3.32 Acre Lot
  • Lot Dimensions are 225 x 765
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Living Room
  • Loft
  • Lake Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Docks
  • Deck
  • Outhouse

Utilities

  • Heating System Uses Propane
  • Water Not Available
  • Fuel Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 28-6390-34060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: By Boat from public landing off Farm Lake Access Rd
  • InternetOptions: Cable, DSL, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Remodeled Addition: Yes
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 800
  • Garage Type: None
  • Heat: Propane, Electric
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Loft
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 800
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: None
  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Farm
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Utilities

  • Power Company: Minnesota Power
  • Sewer: Outhouse
  • Water: None

Condo/Co-op/Association

  • Shared: Dock
  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 225 X 765
  • Estimated Number of Acres: 3.32
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Level, BWCA Area
  • Parcel Number: 28-6390-34060
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1125.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 18, 2022
Sold by
Visser Darren and Visser Karla
Bought by
Campbell David and Campbell Deborah
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$292,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,970
Avg. Annual Appreciation
18.11%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Campbell David $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $170,000 0.0% $213 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $170,000 -- $213 / Sq Ft
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 $1,386 $192,700 $74,700 $118,000
2024 $779 $194,000 $74,700 $119,300
2023 $573 $190,200 $69,700 $120,500
2022 $1,137 $126,800 $69,500 $57,300
2021 $1,125 $127,800 $96,800 $31,000
2020 $1,348 $105,600 $96,800 $8,800
2019 $1,350 $119,100 $110,300 $8,800
2018 $1,427 $137,800 $110,300 $27,500
2017 $1,632 $143,900 $116,400 $27,500
2016 $1,412 $166,300 $143,400 $22,900
2015 $1,410 $145,700 $143,400 $2,300
2014 $1,410 $0 $0 $0
2013 $1,525 $0 $0 $0
2012 $1,475 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103750

APN: 28-6390-34060