NOT LISTED FOR SALE

1867 Mitchell Shores Rd Ely, MN 55731

Estimated Value: $204,000 - $399,000

2 Beds
1 Bath
820 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $160,500 $196 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,633/month

160 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Wood Burning Fireplace
  • Memorial High School Rated 9+

About This Home

As of August 2018

MITCHELL LAKE Completely remodeled 2 bedroom 1 bath seasonal log cabin with sleeping loft, wood burning fireplace, large screened porch to catch the breezes from the lake a mere 40 feet away. Private dock and common sandy beach with playground. Part of Northernair Lodge which has sauna, Gift Shop, boat/pontoon rentals, canoes and kayaks. Fire pit ready to make smores! On site management for rental income when not in personal use

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 03/02/2018

Last Buyer's Agent

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 03/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Irregular Lot
  • Property is zoned Seaso

Home Design

  • Log Siding

Interior Spaces

  • 820 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0155-00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 03/02/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 465-0155-00110
  • Patioporch: Porch, Covered, Screened
  • Real Estate Tax: 1574
  • Style: 1 1/2 Story, Seasonal
  • Type: Residential
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 820
  • Bedroom 1: Size: 9x10, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Bedroom 2: Size: 9x10, On Level: Main
  • Bedroom 3: LOFT, Size: 10x10, On Level: Upper
  • Dining Room: Size: 6x10, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 8x12, On Level: Main
  • Living Room: Size: 10x10, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Screen Por, Size: 10x12, On Level: Main

Exterior Features

  • Exterior: Log

Utilities

  • Utilities: Septic, Well, Shared Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 107x96
  • Number Of Acres: 0.29
  • Zoning: Seaso

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Aug 15, 2018
Sold by
7 Wolves Llc
Bought by
The Clark Family Revocable Living
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
List Price
$184,900
Sold Price
$160,500
Premium/Discount to List
-$24,400
-13.2%
Current Estimated Value
$285,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,649
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Nall George P and Nall Leslie S
Bought by
7 Wolves Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Clark Family Revocable Living $167,500 Northeast Title Company
7 Wolves Llc $480,000 Ne Ely
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7 Wolves Llc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $160,500 -10.8% $196 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
03/23/2018 03/23/18 Price Changed $179,900 -2.7% $219 / Sq Ft
03/02/2018 03/02/18 For Sale $184,900 -- $225 / Sq Ft
Source: Range Association of 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 $1,714 $179,400 $115,900 $63,500
2023 $1,714 $170,400 $110,300 $60,100
2022 $1,654 $142,500 $90,100 $52,400
2021 $1,708 $142,500 $90,100 $52,400
2020 $1,602 $142,500 $90,100 $52,400
2019 $1,584 $142,500 $90,100 $52,400
2018 $1,608 $142,500 $90,100 $52,400
2017 $1,618 $145,200 $98,100 $47,100
2016 $1,574 $145,200 $98,100 $47,100
2015 $1,581 $145,200 $98,100 $47,100
2014 $1,581 $145,200 $98,100 $47,100
Source: Public Records

Agents Affiliated with this Home

  • Betsy Clark

    Seller's Agent in 2018

    Betsy Clark

    Northwoods Land Office

    (218) 290-3619

    207 Total Sales

    Betsy Clark
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Map

Source: Range Association of REALTORS®

MLS Number: 133970

Range Association of REALTORS®

APN: 465015500110

Minnesota St Louis County Ely 55731

1867 Mitchell Shores Rd, Ely, MN

Not Listed for Sale

Detached

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