NOT LISTED FOR SALE

13775 Luc Rd Ely, MN 55731

Estimated Value: $148,000 - $182,000

1 Bed
1 Bath
368 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $145,000 $394 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $939/month

76 Days on Market

Highlights

  • 1 Car Detached Garage
  • Fireplace
  • 1-Story Property

About This Home

As of August 2024

A great cabin retreat on almost 10 acres. Not far from Ely just up the Fernburg Rd and less than a half mile from the Garden Lake boat launch which allows you access to Garden Lake, Farm Lake, and White Iron, not to mention it is very close to the Kawishiwi Falls. This well maintained open concept cabin is your perfect get away. The cabin is 16' X 23' and includes a detached 15' X 31' garage. The cabin is insulated and heated with a propane fireplace. Although there is no electricity, the options to use solar and/or a generator allows you to live as though you are in town. Already set up with a gravity fed shower, there is a propane stove/oven, you could easily add a propane refrigerator. Enjoy the many trails in the area to hike, bike, snowmobile, cross-country ski and/or ride your ATV. This is a must see.

Last Agent to Sell the Property

Julian Rasmusson

z' Up North Realty License #40637100 Listed on: 04/15/2024

Last Buyer's Agent

Julian Rasmusson

z' Up North Realty License #40637100 Listed on: 04/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1992

Lot Details

  • 9.73 Acre Lot
  • Irregular Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 368 Sq Ft Home
  • 1-Story Property
  • Fireplace

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 28-6311-20550 & 20405

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 04/15/2024
  • Parcel Code Number: 28-6311-20550 & 20405
  • Real Estate Tax: 921.00
  • Style: One Story
  • Total Above Grade Sq Ft: 368
  • Type: Residential
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 368
  • Fireplace: 1 Fireplace
  • Main Level Sq Ft: 368
  • Other Room 2: Size: 16x23, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 15x31

Lot Info

  • Lot Size: Dimensions: 1075x835
  • Number Of Acres: 9.73
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Aug 2, 2024
Sold by
Gaw Stephanie and Haug Wendy
Bought by
Foulds Iain and Foulds Bethany
Seller's Agent
Julian Rasmusson
z' Up North Realty
Buyer's Agent
Julian Rasmusson
z' Up North Realty
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Views
128
Current Estimated Value
$159,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,355
Avg. Annual Appreciation
9.13%
Original Mortgage
$116,000
Outstanding Balance
$114,792
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$44,563
Source: Public Records

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
Foulds Iain $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foulds Iain $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $145,000 -3.3% $394 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $149,900 -11.8% $407 / Sq Ft
04/15/2024 04/15/24 For Sale $169,900 -- $462 / 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 $864 $119,700 $50,300 $69,400
2024 $504 $118,700 $48,500 $70,200
2023 $487 $123,100 $48,500 $74,600
2022 $552 $107,700 $48,500 $59,200
2021 $539 $64,900 $42,300 $22,600
2020 $625 $62,200 $40,500 $21,700
2019 $62 $67,200 $45,200 $22,000
2018 $629 $67,200 $45,200 $22,000
2017 $734 $67,400 $45,200 $22,200
2016 $740 $79,800 $52,600 $27,200
2015 $738 $80,800 $53,300 $27,500
2014 $738 $0 $0 $0
2013 $559 $0 $0 $0
2012 $874 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julian Rasmusson

    Seller's Agent in 2024

    Julian Rasmusson

    z' Up North Realty

    (651) 270-8911

    96 Total Sales

    Julian Rasmusson
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Map

Source: Range Association of REALTORS®

MLS Number: 146525

Range Association of REALTORS®

APN: 28-6311-20550

Minnesota Lake County Ely 55731

13775 Luc Rd, Ely, MN

This home is located at 13775 Luc Rd, Ely, MN 55731 since 15 April 2024 and is currently estimated at $159,355, approximately $433 per square foot. This property was built in 1992. 13775 Luc Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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