Seller's Agent in 2021
Wendy Johnson
Keller Williams Classic Realty Northwest
(218) 349-7731
57 Total Sales
Estimated Value: $547,000 - $1,045,510
27.7
Acres
$28,746
Price per Acre
1,206,612
Sq Ft Lot
Highlights
- 1,400 Feet of Lake Waterfront
- 27.7 Acre Lot
- Level Lot
About This Lot
As of July 2021+-1400' of lakeshore for ultimate privacy with pristine western views of undeveloped opposing shoreline. Majestic pines & cedars line the shore; mixed hardwoods found throughout the back acreage. Scenic flowage through the northern portion attracts wildlife. Rolling terrain allows for both level & elevated building sites. Old shell of an unfinished cabin sits very near the lakeshore. Driveway & power on property. Located approximately 5 miles north of Ely, Cedar Lake covers 465 acres with a maximum depth of 45' and is known for it's Walleye, Northern Pike and Bass fishing. Cedar Lake is very characteristic of the Boundary Waters lakes which are located just a matter of a few miles away!
Last Agent to Sell the Property
Keller Williams Classic Realty Northwest License #20553505 Listed on: 11/09/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,923
Lot Details
- 27.7 Acre Lot
- Lot Dimensions are 1,320 x 800
- 1,400 Feet of Lake Waterfront
- Lake Front
- Level Lot
- Irregular Lot
- Property is zoned RR
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2020
Closed on
Jul 23, 2021
Sold by
Lannom Linda S and Lannom Geroge S
Bought by
Cline Bradley and Schmit-Cline Annette
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Buyer's Agent
Julian Rasmusson
z' Up North Realty
List Price
$480,000
Sold Price
$400,000
Premium/Discount to List
-$80,000
-16.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,255
Avg. Annual Appreciation
16.73%
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cline Bradley | $400,000 | None Available | |
| Cline Bradley Bradley | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cline Bradley | $320,000 | |
| Closed | Cline Bradley Bradley | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $400,000 | -16.7% | -- |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- |
| 11/09/2020 11/09/20 | For Sale | $480,000 | -- | -- |
Source: Range Association of REALTORS®
Tax History Compared to Growth
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 | $5,826 | $996,000 | $536,100 | $459,900 |
| 2024 | $2,735 | $913,600 | $395,200 | $518,400 |
| 2023 | $1,683 | $694,900 | $368,800 | $326,100 |
| 2022 | $2,854 | $426,200 | $368,800 | $57,400 |
| 2021 | $2,923 | $328,300 | $302,500 | $25,800 |
| 2020 | $5,174 | $328,700 | $302,500 | $26,200 |
| 2019 | $5,200 | $543,300 | $507,900 | $35,400 |
| 2018 | $6,165 | $543,300 | $507,900 | $35,400 |
| 2017 | $5,755 | $637,200 | $594,900 | $42,300 |
| 2016 | $5,736 | $599,500 | $563,800 | $35,700 |
| 2015 | $5,897 | $600,000 | $563,800 | $36,200 |
| 2014 | $5,897 | $0 | $0 | $0 |
| 2013 | $5,894 | $0 | $0 | $0 |
| 2012 | $4,557 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Johnson
-
Julian Rasmusson
Buyer's Agent in 2021
Julian Rasmusson
z' Up North Realty
(651) 270-8911
99 Total Sales
Map
Source: Range Association of REALTORS®
MLS Number: 140538
APN: 28-6311-07610
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