NOT LISTED FOR SALE

1731 N Grassy Rd Ely, MN 55731

Estimated Value: $406,000 - $605,000

2 Beds
-- Bath
765 Sq Ft
$607/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2024

Last sale price $435,000 $569 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,649 / mo

9 Days on Market

Highlights

  • Built in 2014 | Newly Remodeled
  • Sauna
  • 20 Acre Lot
  • Memorial High School Rated 9+
  • Panoramic View
  • Pond

About This Home

As of October 2024

Stunning elevated views of Grassy Pond from a thoughfully placed cabin. Cabin and sauna designed by Architect Dale Mulfinger, with the Sala Architect firm of Minneapolis. Quality handcrafted timber-frame, built in 2014 by the Wee Cabin Company of Ely. One of a kind energy efficient, 14' x 27' open living space, screened in porch, mudroom, and generous sleeping loft. Off grid living, electrically wired for the solar and generator power. Drilled well with freeze proof hand pump and electricle submersible; located conveniently close to the cabin. Carefully crafted wood burning 8 x 16 sauna building with outside fed Kuuma stove, dressing area, porch, and large windows that provide serene wooded views. Newer 16' x 24' bunkhouse designed by two U of M architecture and design students in collaboration with the owner. Hand-built by owners, family and friends. Includes living room with wood stove, main level bedroom with pocket doors, sliding patio doors to the private deck, and large sleeping loft. The 165' long beautiful suspended bridge allows for year round crossing over the marsh to access the low impact footpath through the woods to the north part of the property and beyond. Engineered and built by the owner and an experienced builder seasoned in construction, rigging, and high ropes course construction. The property is surrounded to the East and North by 1000's of acres of federal land, ponds and lakes. Other features include a 12' x 12' screenhouse overlooking Grassy Pond, outhouse, new 10 x 20 shed, and Solar panels. The cabin was featured in the October 2019 Star Tribune; https:startribune.com/less-is-enough-at-wee-cabin-on-edge-of-bwca/562192512. Copy and paste URL to read. Also featured in Dale Mulfinger's 2017 book The Family Cabin.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 09/07/2024

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 1320 x 667
  • Elevated Lot
  • Level Lot
  • Many Trees

Parking

  • No Garage

Home Design

  • Post and Beam
  • Cabin
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 765 Sq Ft Home
  • Multi-Level Property
  • 2 Fireplaces
  • Free Standing Fireplace
  • Living Room
  • Formal Dining Room
  • Loft
  • Sauna
  • Range
  • Panoramic Views

Outdoor Features

  • Pond
  • Enclosed Patio or Porch
  • Storage Shed
  • Outhouse

Farming

  • Bunk House

Utilities

  • Heating System Uses Wood
  • Drilled Well

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 613-0010-03035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 2014 | Newly Remodeled

Lot Details

20 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel east on Hwy 169 to Co. Rd 88 (Grant McMahan Blvd) Turn left onto Co. Rd. 88 and follow to the Echo Trail. Turn right onto the Echo Trail and follow 8 miles to a right turn onto N. Grassy Road. Stay left onto Grassy Road and follow for 1.3 miles to the sign and fire number on the left side of road.
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 64N
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood, Timber/Post & Beam
  • FinFootageAboveGrade: 765
  • Garage Type: None
  • Heat: Wood
  • Fireplaces: 2
  • MainFloorBath: No
  • Reso Roof: Metal
  • Bedroom 3: 3 Season Porch
  • TotalBedrooms: 2
  • Year Built: 2014
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • Property Style: Rustic Cabin
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None, Posts
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Loft
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 765
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Screenhouse, Storage Shed, Bunkhouse
  • Construction Status: Completed New Construction
  • Exterior: Wood

Utilities

  • Power Company: None
  • Sewer: Outhouse
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1320 x 667
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Low Land, Tree Coverage - Heavy, High, Level, Pond
  • Parcel Number: 613-0010-03035

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 11, 2024
Sold by
Bunge Stephen L and Borden Susan L
Bought by
Legros Leo C and Heegaard Karen F
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$410,000
Sold Price
$435,000
Premium/Discount to List
$25,000
6.1%
Views
6
Current Estimated Value
$464,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,593
Avg. Annual Appreciation
4.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Purchase History

Date Buyer Sale Price Title Company
Legros Leo C $435,000 Northeast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $435,000 +6.1% $569 / Sq Ft
09/07/2024 09/07/24 For Sale $410,000 -- $536 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,760 $166,300 $74,300 $92,000
2023 $1,760 $142,600 $69,400 $73,200
2022 $1,298 $117,100 $58,400 $58,700
2021 $1,184 $101,700 $52,400 $49,300
2020 $1,120 $90,900 $52,400 $38,500
2019 $1,096 $90,900 $52,400 $38,500
2018 $1,092 $90,900 $52,400 $38,500
2017 $1,064 $90,900 $52,400 $38,500
2016 $982 $246,700 $199,800 $46,900
2015 $196 $46,600 $45,600 $1,000
2014 $196 $19,600 $19,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115967

APN: 613001003035

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