NOT LISTED FOR SALE

13368 Farm Lake Ely, MN 55731

Estimated Value: $306,273 - $464,000

2 Beds
2 Baths
1,144 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $137,500 $120 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,147/month

Highlights

  • Deck
  • Screened Patio
  • Wood Burning Fireplace
  • Porch

About This Home

As of June 2017

THE DOORWAY TO BWCA, this fully furnished 2 BD log cabin is on the opposing shoreline to North Kawishiwi River entry point with entry to by South Farm Lake only a short paddle away. That's when not exploring the 3246 acre chain of lakes. Come enjoy panoramic BWCA views & the night's stars. Open loft w/log truss ceiling, plank flooring, modern kitchen, wood burning stove, screen porch & sunny deck. Furnishings include furniture, cedar dock, generator, tools, grill & 2 We-no-nah Kevlar canoes w/accessories. Power recently added w/ 200 amp service, water heater, & lake water system. Property surveyed. Adjacent lot also available. 2016 tax amount is for both lots.

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505 Listed on: 04/27/2017

Keller Williams Classic Realty Northwest

Last Buyer's Agent

Samantha Koivunen

Dane Arthur Real Estate Agency License #40444533

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 1.28 Acre Lot
  • Irregular Lot
  • Property is zoned RR

Home Design

  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2 Bedrooms
  • 1,144 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heating System Uses Wood
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-6311-34012

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 02/02/2017
  • Number Of Bedrooms: 2
  • Parcel Code Number: 28-6311-34012
  • Patioporch: Deck, Porch, Screened
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1144
  • Bedroom 1: Size: 10 x 15, On Level: Main
  • Appliances: Refrigerator, Gas Range
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 22 x 18
  • Bedroom 3: Loft, Size: 22 x 18, On Level: Upper
  • Dining Room: Size: comb w LR, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 14 x 9, On Level: Main
  • Living Room: Size: 18 x 16, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Porch, Size: 8 x 22, On Level: Main

Exterior Features

  • Exterior: Log
  • Roof: Asphalt

Utilities

  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 272x218
  • Number Of Acres: 1.28
  • Zoning: RR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 5, 2017
Sold by
Leeuw Leeuw P and Leeuw Tracy L Van Der
Bought by
Spadino Joseph D and Spadino Kathryn E
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Buyer's Agent
Samantha Koivunen
Dane Arthur Real Estate Agency
Sold Price
$137,500
Current Estimated Value
$378,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,213
Avg. Annual Appreciation
13.58%
Original Mortgage
$110,000
Outstanding Balance
$91,572
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$318,996
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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Purchase History

Date Buyer Sale Price Title Company
Spadino Joseph D $137,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadino Joseph D $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $137,500 -- $120 / Sq Ft
04/27/2017 04/27/17 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 $1,988 $280,700 $87,000 $193,700
2024 $1,136 $280,700 $87,000 $193,700
2023 $545 $277,400 $81,100 $196,300
2022 $1,239 $120,400 $81,100 $39,300
2021 $1,237 $138,500 $113,000 $25,500
2020 $1,492 $135,500 $113,000 $22,500
2019 $185 $138,100 $114,900 $23,200
2018 $1,366 $131,900 $108,800 $23,100
2017 $2,251 $190,700 $167,500 $23,200
2016 $2,246 $225,900 $206,300 $19,600
2015 $2,945 $226,200 $206,300 $19,900
2014 $2,945 $0 $0 $0
2013 $1,021 $0 $0 $0
2012 $966 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Johnson

    Seller's Agent in 2017

    Wendy Johnson

    Keller Williams Classic Realty Northwest

    (218) 349-7731

    57 Total Sales

    Wendy Johnson
    Section Image
  • Samantha Koivunen

    Buyer's Agent in 2017

    Samantha Koivunen

    Dane Arthur Real Estate Agency

    (218) 780-8849

    63 Total Sales

    Samantha Koivunen
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 131188

Range Association of REALTORS®

APN: 28-6311-34012

Minnesota Lake County Ely 55731

13368 Farm Lake, Ely, MN

Not Listed for Sale

Detached

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