NOT LISTED FOR SALE

1739 Pine Street Rd Ely, MN 55731

Estimated Value: $404,000 - $414,000

2 Beds
1 Bath
600 Sq Ft
$681/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $123,000 $205 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,287/month

3 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Porch
  • Memorial High School Rated 9+
  • Sauna
  • Living Room

About This Home

As of February 2021

2 bedroom cabin on One Pine Lake located aprox 9 miles south of Ely. Rustic cabin on a level parcel offering easy access to this quiet lake. View across the lake is of Superior National Forest lands and of the Bear Island River as it exits the lake. Cabin has no running water and is in need of some remodeling. There is also a sauna/ storage building near the lake. There is a dug well on the property, and at one time the cabin was hooked up to water, but there is not a septic system on the property, and one would need to be installed in the future by the new buyer to have running water into the cabin. Cabin is simple with a living room facing the lake, a large kitchen, 2 bedrooms, and a mud room, and an old bathroom with a disconnected toilet. The cabin has electricity and is located closer to the lake than you can now build, and has great views! There is good fishing in the lake for walleye, northern pike and panfish. The Bear Island River enters into the west side of the lake and exits on the east side. Nice canoeing on the river! Property being sold "AS IS".

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 10/26/2020

Last Buyer's Agent

Bruce Chernak

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $942

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 100' x 300'
  • Private Waterfront
  • 150 Feet of Waterfront
  • Lake Front
  • Many Trees

Parking

  • No Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 600 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Sauna

Outdoor Features

  • Beach Access
  • Outhouse
  • Porch

Utilities

  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 465-0130-00170

Home Details

Home Type

Single Family

Est. Annual Taxes

$942

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: South of Ely off County Road 120 to Pine St Rd to address of 1739
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • ShorelineCharacteristics: Hard, Muck, Shore-Accessible, Elevation-Medium
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 600
  • Garage Type: None
  • Heat: Baseboard, Radiant, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Wood
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Porch
  • Stories: 1 Story
  • Total Fin Square Footage: 600
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Road Frontage: Township
  • Waterfront Access: Private
  • Water Frontage In Feet: 150
  • Waterfront Name: One Pine
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Lake Country Power
  • Sewer: Outhouse
  • Water: None

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100' x 300'
  • Estimated Number of Acres: 0.6
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy
  • Parcel Number: 465-0130-00170
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 942

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 10, 2021
Sold by
Harrison Wayne Allan and Harrison Erin M
Bought by
Farley Nicolas Robert and Farley Kim
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Bruce Chernak
Bear Island Realty LLC
List Price
$123,000
Sold Price
$123,000
Current Estimated Value
$408,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,776
Avg. Annual Appreciation
27.58%

Purchase Details

Closed on
Feb 10, 2016
Sold by
Harrison Wayne A and Estate Of George Louis Harriso
Bought by
Harrison Wayne Allan and Fair Emily Jean
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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Purchase History

Date Buyer Sale Price Title Company
Farley Nicolas Robert $123,000 Northeast Title Company
Harrison Wayne Allan -- None Available
Farley Nicolas Nicolas $123,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2021 02/15/21 Sold $123,000 0.0% $205 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $123,000 -- $205 / 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 $2,056 $215,900 $128,100 $87,800
2023 $2,056 $174,700 $107,200 $67,500
2022 $998 $151,900 $107,200 $44,700
2021 $1,012 $85,600 $63,800 $21,800
2020 $942 $84,200 $63,800 $20,400
2019 $1,090 $84,200 $63,800 $20,400
2018 $1,084 $98,900 $76,800 $22,100
2017 $1,090 $98,900 $76,800 $22,100
2016 $1,246 $98,900 $76,800 $22,100
2015 $1,266 $116,400 $90,400 $26,000
2014 $1,263 $116,400 $90,400 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093825

APN: 465013000170