NOT LISTED FOR SALE

13376 Farm Lake Ely, MN 55731

Estimated Value: $296,927 - $415,000

1 Bed
-- Bath
852 Sq Ft
$425/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $210,000 $246 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,056/month

506 Days on Market

About This Home

As of February 2020

Extremely Rare Year Round Voyaguer Log Cabin--EAST PROPERTY LINE IS THE BOUNDARY WATERS! Set On 2 Acres & Apx 230 Ft Farm Lake Shoreline--Just A 1 Minute Paddle From Your Dock To The BWCA (Kawishiwi River)! Only 6 miles to Ely. 850 SF, 1BR log cabin built in 2006 offers wrap around lakeside deck w/panoramic water views into the BW, front and back decks. Vaulted main room, gas range and refrigerator, gas lights. Spacious lakeview loft bedroom easily accommodates two dbl beds. Sauna, woodshed, boathouse/storage building at the lake. 75 gal. rain barrel fills from Sauna’s metal roof. Great fishing right off the permanent dock. One of a kind secluded boreal forest retreat. As close as it gets to having a log cabin in the Boundary Waters.

Last Agent to Sell the Property

Dan Janisch

Janisch Realty Inc License #40343713 Listed on: 08/29/2018

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 2006

Lot Details

  • 2 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1 Bedroom
  • 852 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Crawl Space
  • Gas Range

Additional Features

  • Deck
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 28-6311-34022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 08/29/2018
  • Number Of Bedrooms: 1
  • Parcel Code Number: 28-6311-34022
  • Patioporch: Deck
  • Real Estate Tax: 1682.00
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 852
  • Bedroom 1: Size: 23x12, On Level: Upper
  • Appliances: Refrigerator, Gas Range
  • Basement: Crawl
  • Bedroom 3: Sauna, Size: 14.5x9.5, On Level: Main
  • Dining Room: Size: COMB, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 9x9, On Level: Main
  • Living Room: Size: 23x13, On Level: Main

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Metal, Shingle

Lot Info

  • Lot Size: Dimensions: 444x200
  • Number Of Acres: 2
  • Zoning: RES

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Feb 11, 2020
Sold by
Edgington Mark J and Edgington Susan L
Bought by
Falconer Erica M and Falconer Alexander E
Seller's Agent
Dan Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$273,900
Sold Price
$210,000
Premium/Discount to List
-$63,900
-23.33%
Current Estimated Value
$362,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,232
Avg. Annual Appreciation
9.68%
Original Mortgage
$168,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2008
Sold by
Binion David Lee
Bought by
Edgington Mark J and Edgington Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Falconer Erica M $210,000 None Available
Edgington Mark J $260,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Falconer Erica M $168,000
Previous Owner Edgington Mark J $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $210,000 -11.7% $246 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $237,900 -0.6% $279 / Sq Ft
12/09/2019 12/09/19 Price Changed $239,400 -0.6% $281 / Sq Ft
11/27/2019 11/27/19 Price Changed $240,900 -0.6% $283 / Sq Ft
11/11/2019 11/11/19 Price Changed $242,400 -0.6% $285 / Sq Ft
10/14/2019 10/14/19 Price Changed $243,900 -0.6% $286 / Sq Ft
10/02/2019 10/02/19 Price Changed $245,400 -0.6% $288 / Sq Ft
09/17/2019 09/17/19 Price Changed $246,900 -0.6% $290 / Sq Ft
09/02/2019 09/02/19 Price Changed $248,400 -0.6% $292 / Sq Ft
08/06/2019 08/06/19 Price Changed $249,900 -3.8% $293 / Sq Ft
07/10/2019 07/10/19 Price Changed $259,900 -5.1% $305 / Sq Ft
08/29/2018 08/29/18 For Sale $273,900 -- $321 / Sq Ft
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 $1,962 $274,600 $77,500 $197,100
2024 $1,121 $276,900 $77,500 $199,400
2023 $806 $273,800 $72,300 $201,500
2022 $1,477 $178,400 $68,900 $109,500
2021 $1,430 $163,600 $96,000 $67,600
2020 $1,677 $155,400 $96,000 $59,400
2019 $17 $169,500 $109,400 $60,100
2018 $1,769 $169,500 $109,400 $60,100
2017 $1,912 $176,200 $115,500 $60,700
2016 $1,910 $193,300 $142,200 $51,100
2015 $1,908 $193,800 $142,200 $51,600
2014 $1,908 $0 $0 $0
2013 $582 $0 $0 $0
2012 $524 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Janisch

    Janisch Realty Inc

    Section Image

  • M

    Buyer's Agent in 2020

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 135592

Range Association of REALTORS®

APN: 28-6311-34022

Minnesota Lake County Ely 55731

13376 Farm Lake, Ely, MN

Not Listed for Sale

Detached

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