NOT LISTED FOR SALE

1779 Pine Street Rd Ely, MN 55731

Ely Area

Estimated Value: $495,259

2 Beds
1 Bath
860 Sq Ft
$576/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2020

Last sale price $335,000 $390 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,972 / mo

117 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Contemporary Architecture
  • Memorial High School Rated 9+
  • Deck
  • Pole Barn

About This Home

As of December 2020

Enjoy the peaceful, serene setting at this year round cabin. From the moment you walk into the cabin – its large mud room with laundry, a fun sleeping loft, and phenomenal lake views make you feel like you are “up-north” at the cabin. The cabin has been meticulously maintained and updated nicely with new windows, new bathroom, and new roof, just to name a few. The open kitchen/dining/living offers stunning views to the lake. Nice sized lake side deck to enjoy the summer breezes. Additional buildings include a bunkhouse along the shore, pole garage building, additional 1-car garage, and fish cleaning house. Sandy shoreline, easy access to the lake with your own boat launch, beautiful views and very private feel.

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 07/03/2020

Last Buyer's Agent

Kerry Davis

Canoe Capital Realty, LLC License #MN 40208514

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1980

Lot Details

  • 2.8 Acre Lot
  • Lot Dimensions are 200 x 625
  • Private Waterfront
  • 219 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Shingle

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Living Room
  • Loft
  • Lake Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Pole Barn

Farming

  • Bunk House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 465-0130-00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,270

Year Built

Built in 1980

Lot Details

2.8 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, follow Hwy 21 South to Hwy 120 (Blueberry Rd) take a left. Follow to Pine Street Road, take a left. Follow to property address on the left.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Sand, Shore-Beach
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 860
  • Garage Type: Detached
  • Heat: Baseboard, Space/Wall Heater, Propane, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator, Washer
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Loft
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 860
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Pole Building, Bunkhouse
  • Waterfront Access: Private
  • Water Frontage In Feet: 219
  • Waterfront Name: One Pine
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200 X 625
  • Estimated Number of Acres: 2.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 465-0130-00070
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2270

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Dec 11, 2020
Sold by
Bought by
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Kerry Davis
Canoe Capital Realty, LLC
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$495,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,259
Avg. Annual Appreciation
7.19%
Original Mortgage
$301,500
Outstanding Balance
$263,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$231,910

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 14, 2012
Sold by
Bought by
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Doug Furnstahl
Bear Island Land Co., Inc
List Price
$295,000
Sold Price
$212,000
Premium/Discount to List
-$83,000
-28.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$20,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 Northeast Title Company
$212,000 Northeast Title Company
$210,000 Northeast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $301,500
Previous Owner $20,000
Previous Owner $169,600
Previous Owner $191,250
Previous Owner $168,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $335,000 0.0% $390 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $335,000 +58.0% $390 / Sq Ft
06/15/2012 06/15/12 Sold $212,000 -28.1% $303 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $295,000 -- $421 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,996 $321,700 $214,200 $107,500
2023 $2,958 $305,800 $198,200 $107,600
2022 $2,392 $305,800 $198,200 $107,600
2021 $2,426 $211,700 $146,200 $65,500
2020 $2,340 $207,600 $146,200 $61,400
2019 $2,250 $207,600 $146,200 $61,400
2018 $2,242 $201,300 $141,100 $60,200
2017 $2,256 $201,300 $141,100 $60,200
2016 $2,604 $201,300 $141,100 $60,200
2015 $2,644 $235,800 $165,100 $70,700
2014 $2,644 $235,800 $165,100 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091334

APN: 465013000070

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