NOT LISTED FOR SALE

1502 Hanson Rd Ely, MN 55731

Estimated Value: $317,027 - $533,000

1 Bed
1 Bath
1,052 Sq Ft
$366/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $324,500 $308 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,155/month

8 Days on Market

Highlights

  • Sauna
  • Panoramic View
  • Additional Land
  • Memorial High School Rated 9+
  • 100 Acre Lot
  • Enclosed Patio or Porch

About This Home

As of February 2021

Vista views from this mature 100 acre parcel only 5 miles from Ely!!! The property features a well maintained 1 bedroom, 1 bath cabin year round retreat. The cabin is off grid but with all the comforts of home. Drilled well, septic and propane generator in its own building. The cabin has an open concept with kitchen, dining and large living space accented with log, woodstove, propane lights and a lot of windows for great natural lighting. There is a nice loft bedroom and large closet area. A 3 season porch has been added to enjoy your views and wildlife. A groomed path leads you through some gorgeous rock outcroppings to a traditional wood-fired cedar sauna with changing area and covered deck. This property is unique and easy access to Area Lakes, Trails and Boundary Waters.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 01/08/2021

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Lot Details

  • 100 Acre Lot
  • Lot Dimensions are 1320x3300
  • Property fronts a private road
  • Elevated Lot
  • Level Lot
  • Many Trees
  • Additional Land

Home Design

  • Bungalow
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Sauna
  • Range
  • Panoramic Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Drilled Well
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02030/02120/02000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely travel down Grant McMahan to Echo Trail, Take a right on Hanson Rd and follow to Fire #.
  • L O1 Office Phone1 Number: 218-365-3665
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 63N
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1052
  • Garage Type: None
  • Heat: Space/Wall Heater, Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 1
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Storage Room, Utility Room, 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: 3 Season Porch
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1052
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Storage Shed, Other Buildings
  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Other
  • Sewer: Private
  • Water: Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1320x3300
  • Estimated Number of Acres: 100
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Additional Land Available, Tree Coverage - Heavy, Tree Coverage - Medium, High, Level
  • Parcel Number: 465-0020-02030/02120/02000

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Hogan Lucille C
Bought by
Hortsch Ann and Bosco Laura
Current Estimated Value
$384,757

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 26, 2021
Sold by
Erickson Kurt Rollins and Erickson Mary Lee
Bought by
Eilrich Christopher W and Eilrich Laurie J
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$324,500
Sold Price
$324,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$244,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Hunsche David R and Sheldon Thea
Bought by
Erickson Kurt Rollins
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hortsch Ann $500 None Listed On Document
Eilrich Christopher W $324,500 None Available
Eilrich Christopher W $324,500 None Available
Erickson Kurt Rollins $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eilrich Christopher W $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $324,500 0.0% $308 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $324,500 -- $308 / Sq Ft
Source: Lake Superior Area 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
2024 $1,592 $250,700 $130,200 $120,500
2023 $1,592 $232,300 $117,800 $114,500
2022 $1,740 $205,800 $106,300 $99,500
2021 $1,732 $153,800 $71,500 $82,300
2020 $1,500 $149,100 $71,500 $77,600
2019 $1,376 $149,100 $71,500 $77,600
2018 $1,364 $144,000 $90,700 $53,300
2017 $1,332 $144,000 $90,700 $53,300
2016 $1,312 $135,100 $86,900 $48,200
2015 $1,318 $135,100 $86,900 $48,200
2014 $1,318 $135,100 $86,900 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094557

APN: 465002002030