NOT LISTED FOR SALE

151 Wax Wing Dr Ely, MN 55731

Estimated Value: $731,000 - $889,000

2 Beds
2 Baths
1,532 Sq Ft
$532/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $800,000 $522 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,554/month

127 Days on Market

Highlights

  • Deck
  • Screened Patio
  • Wood Burning Fireplace
  • Porch
  • 1-Story Property

About This Home

As of October 2023

RARE OPPORTUNITY to purchase +/- 1000’ shoreline, but even rarer to find on crystal clear Cedar Lake approx. 2 miles from BW! Spacious +/- 1500 sq ft cabin situated on +/- 3 acres point adjoins 40 acres of gov't land; all towering Norway, white pines & cedars. Massive indigenous stone, wood burning fireplace is Great Room’s focal point by evening, but spectacular 180 degrees lake views take over in the morning! Vaulted ceilings, hardwood flooring & skylights throughout 2 bedroom/2 bath seasonal home. French doors in Primary Suite leads to spacious screen porch to enjoy early morning coffees. Though expansive, 3-sided wrap around cedar deck is where one spends majority of day if not in/on the lake. Lake side, wood fired sauna with sandy beach. At day’s end, sit by point’s campfire for breathtaking, sunsets over opposing shoreline’s unspoiled views (100’s of gov’t acres). Cedar Lake is 465 acres with 45’ of depth, water clarity of 11’. Pristine setting characteristic of BW!

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505 Listed on: 05/23/2023

Keller Williams Classic Realty Northwest

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heating System Uses Wood
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 28-6311-07560 & 07565

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,954

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 05/23/2023
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 2
  • Parcel Code Number: 28-6311-07560 & 07565
  • Patioporch: Deck, Porch, Screened
  • Real Estate Tax: 3,954.44
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1532
  • Bedroom 1: Size: 10.5 x 14, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Hood, Microwave, Refrigerator, Trash Compactor, Washer, Elec. Dryer
  • Basement: Crawl, Slab
  • Bedroom 2: Size: 10 x 14, On Level: Main
  • Dining Room: Size: comb w/ LR, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: comb w/ LR, On Level: Main
  • Living Room: Size: 25 x 20, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Size: 10.5 x 9, On Level: Main
  • Other Room 3: Size: 10 x 8, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 1050x652
  • Number Of Acres: 3
  • Zoning: RR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Oct 24, 2023
Sold by
Lannom Linda and Lannom George
Bought by
Irrevocable Supplemental Needs Trust Of
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
List Price
$835,000
Sold Price
$800,000
Premium/Discount to List
-$35,000
-4.19%
Views
858
Current Estimated Value
$815,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,331
Avg. Annual Appreciation
0.86%
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
Irrevocable Supplemental Needs Trust Of $800,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $800,000 +6.7% $522 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $750,000 -10.2% $490 / Sq Ft
05/23/2023 05/23/23 For Sale $835,000 -- $545 / 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 $3,390 $582,000 $301,500 $280,500
2024 $1,960 $491,300 $218,900 $272,400
2023 $2,179 $478,700 $205,200 $273,500
2022 $2,748 $482,000 $205,200 $276,800
2021 $2,825 $297,700 $170,800 $126,900
2020 $3,023 $299,100 $170,800 $128,300
2019 $3,040 $299,300 $204,100 $95,200
2018 $3,607 $299,300 $204,100 $95,200
2017 $3,235 $350,000 $236,600 $113,400
2016 $3,236 $320,700 $225,000 $95,700
2015 $3,148 $321,900 $225,000 $96,900
2014 $3,148 $0 $0 $0
2013 $3,099 $0 $0 $0
2012 $2,946 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145046

Range Association of REALTORS®

APN: 28-6311-07560