$279,255
SOLD AUG 18, 2025

1776 Grant McMahan Blvd Ely, MN 55731

1 Bed
-- Bath
314 Sq Ft
3.4 Acres

Recently Sold

$889 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Primary Bedroom
  • Living Room
  • Memorial High School Rated 9+
  • No HOA
  • 1-Story Property

About This Home

As of August 2025

Southwest facing 3.4 +/- acres and 226 feet of prime Shagawa lakeshore, containing acreage on both the north and south sides of Grant McMahan Blvd. Both sides offer breathtaking elevated panoramic views. The property is ready to enjoy, featuring a 20' diameter yurt with cabinets, pine floors, vinyl & screened windows and a lake-facing deck. The yurt includes cabinets, a microwave, refrigerator, free-standing woodstove, bunk beds, table & chairs, and lamps. Enjoy outdoor time in front of the bonfire area overlooking the lake or in the screened gazebo with views in all directions. The shoreline is friendly for launching a watercraft and for wading into the water, or you can jump off the large dock and use the detachable ladder. Other accessory buildings include a privy, woodshed, outdoor shelter/changing room, and lakeside storage shed. There is a completed 3 bedroom septic site evaluation/design for your future dream home.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 06/28/2025

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 2010

Lot Details

  • 3.4 Acre Lot
  • Lot Dimensions are 200 x 590
  • Private Waterfront
  • 226 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 314 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room
  • Microwave

Outdoor Features

  • Outhouse

Utilities

  • Heating System Uses Wood
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0110-00050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,173

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Sheridan East to 169 heading outside of town toward Winton. Our left on to Grant McMahan/County Road 88 and follow to fire number and sign.
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: Seasonal
  • Tax Year: 2025
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 314
  • Garage Type: None
  • Heat: Wood
  • Fireplaces: 1
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: Yes
  • TotalBedrooms: 1
  • Year Built: 2010
  • Level 1 Bedroom: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Stories: 1 Story
  • Total Fin Square Footage: 314

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 226
  • Waterfront Name: Shagawa
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200 x 590
  • Estimated Number of Acres: 3.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0110-00050
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2025
Closed on
Aug 18, 2025
Sold by
Hobbs James B and Hobbs Leanne C
Bought by
Dick Emily J
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$284,900
Sold Price
$279,255
Premium/Discount to List
-$5,645
-1.98%
Views
21
Current Estimated Value
$277,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,287
Avg. Annual Appreciation
0.10%
Original Mortgage
$223,404
Outstanding Balance
$217,786
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$61,596

Purchase Details

Closed on
Jun 20, 2008
Sold by
Junnila Robert D and Junnila Colleen R
Bought by
Hobbs James B and Hobbs Leanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2008
Sold by
Junnila Robert D and Junnila Colleen R
Bought by
Reavie Euan D and Allinger Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Outcalt Nancy
Bought by
Junnila Robert D and Junnila Colleen R
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 Type Sale Price Title Company
Warranty Deed $279,254 Northeast Title
Warranty Deed $191,000 Northeast Title Company
Warranty Deed $135,000 Northeast Title Company
Personal Reps Deed $90,000 Northeast Title Company
Warranty Deed $90,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,404 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 Sold $279,255 -2.0% $889 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $284,900 -- $907 / 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 $2,258 $237,500 $221,700 $15,800
2023 $2,258 $217,200 $203,200 $14,000
2022 $1,828 $196,200 $184,700 $11,500
2021 $1,886 $157,500 $147,800 $9,700
2020 $1,772 $157,500 $147,800 $9,700
2019 $1,228 $157,500 $147,800 $9,700
2018 $1,156 $111,100 $98,200 $12,900
2017 $1,096 $105,300 $93,200 $12,100
2016 $1,258 $99,300 $88,300 $11,000
2015 $1,289 $117,300 $104,400 $12,900
2014 $1,289 $118,700 $104,400 $14,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120403

APN: 465011000050