NOT LISTED FOR SALE

1808 Grant McMahan Blvd Ely, MN 55731

Ely Area

Estimated Value: $315,000 - $375,000

2 Beds
1 Bath
912 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2020

Last sale price $200,000 $219 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,097 / mo

32 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Sauna
  • Memorial High School Rated 9+
  • Beach Access
  • Panoramic View

About This Home

As of July 2020

This is a perfect lake home/cabin on a beautiful level +-300' of lakeshore, southern exposure along with +-5.86 acres! This rustic home features 2 bedrooms, 1 bath, open kitchen and living concept, free standing wood stove all with a full water view. Along with this they have a 2 car garage (24x30), paved drive, dock, wood fired sauna-dressing room, workshop and motor shed/storage. This lake home/cabin is also accented with beautiful vintage rock retaining walls, steps, and has been very well cared for. The property does not stop here it expands to a beautiful back drop of high bluff acreage. Spectacular big water views of Shagawa Lake

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 05/22/2020

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1952

Lot Details

  • 5.86 Acre Lot
  • Lot Dimensions are 300 x 880
  • Private Waterfront
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Level Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Frame Window
  • Window Screens
  • Combination Dining and Living Room
  • Utility Room
  • Laundry on main level
  • Sauna
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Dug Well
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0280-00130,00150

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 1952

Lot Details

5.86 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely follow Hwy 169 east to Grant McMahan Blvd left and follow to Fire number 1808.
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Hard, Sand, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 63N
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Main Floor Laundry
  • Amenities Exterior: Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 912
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Utility Room
  • TotalBedrooms: 2
  • Year Built: 1952
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Utility Room
  • 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: Bedroom
  • Stories: 1 Story
  • Room 6: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 912
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Storage Shed, Workshop
  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 300
  • Waterfront Name: Shagawa
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Screens, Wood Frame

Garage/Parking

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

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private, Dug

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 300 x 880
  • Estimated Number of Acres: 5.86
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Tree Coverage - Medium, Level
  • Parcel Number: 465-0280-00130,00150
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2432

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
May 22, 2020
Closed on
Jul 28, 2020
Sold by
Bought by
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$350,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,186
Avg. Annual Appreciation
9.77%
Original Mortgage
$140,000
Interest Rate
4.87%
Mortgage Type
New Conventional
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
$200,000 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 $130,000
Open $425,000
Closed $140,000
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
07/30/2020 07/30/20 Sold $200,000 0.0% $219 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $200,000 -- $219 / 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 $2,010 $272,200 $151,300 $120,900
2023 $2,658 $268,600 $139,200 $129,400
2022 $911 $233,100 $127,000 $106,100
2021 $1,972 $191,900 $102,700 $89,200
2020 $1,806 $191,900 $102,700 $89,200
2019 $1,588 $191,900 $102,700 $89,200
2018 $1,420 $178,300 $95,000 $83,300
2017 $1,330 $168,900 $90,600 $78,300
2016 $1,626 $156,900 $86,100 $70,800
2015 $1,634 $169,300 $92,700 $76,600
2014 $1,634 $169,300 $92,700 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze Real Estate Agent - Keller Williams Classic Realty NW - Ely

    Seller's Agent in 2020

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    111 Total Sales

    Lori Schulze
    Section Image
  • Jeff Hway Real Estate Agent - Bear Island Realty LLC

    Buyer's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    154 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090208

APN: 465028000130

Minnesota St Louis County Ely 55731

1808 Grant McMahan Blvd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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