NOT LISTED FOR SALE

1889 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $190,000 - $253,000

1 Bed
-- Bath
195 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $177,000 $908 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,184/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 20 Feet of Waterfront
  • Spa
  • Memorial High School Rated 9+
  • Built in 2015 | Newly Remodeled
  • Main Floor Primary Bedroom

About This Home

As of September 2022

Gorgeous 4.37 acres of pine laden property with handcrafted south facing square log & chinked one room cabin. Quality wood finishes include: pine logs and floors, walnut trim & kitchen cabinets, maple countertops, and Douglas Fir door. Heated with a Jotul wood stove. Electrically plumbed for power with generator as the source. Power may be found at the bottom of drive along Grant McMahan. East of the cabin is a Barrel Sauna with a wood burning stove fed from the outside. Along the east boundary line on the other side of Grant McMahan is the location of the deeded easement access to Shagawa Lake. A short staircase and a short trail bring you down to the SW facing waters edge and dock. Many gorgeous views on top of the accessible rock ridge; classic to the Northwoods, offering many other possibilities for expansion and building sites. Nice level spot for extra parking or storage area located up a short distance on the left driveway also.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 08/13/2022

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC Listed on: 08/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 4.37 Acre Lot
  • Lot Dimensions are 300 x 600
  • 20 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 195 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Porch

Utilities

  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02958

Home Details

Home Type

Single Family

Est. Annual Taxes

$417

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow 169 N to Cty Rd 88/Grant McMahan. Turn left onto Grant McMahan and follow to fire number/address & sign 1889 Grant McMahan Blvd.
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: Seasonal
  • Tax Year: 2022
  • Twp Number: 63N
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 195
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: Yes
  • Bedroom 3: Spa/Sauna
  • TotalBedrooms: 1
  • Year Built: 2015
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • Property Style: Log
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Other
  • Bathroom 2: Porch
  • Stories: 1 Story
  • Total Fin Square Footage: 195
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Deeded Access
  • Water Frontage In Feet: 20
  • Waterfront Name: Shagawa
  • Construction Status: Completed New Construction
  • Exterior: Log

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 300 X 600
  • Estimated Number of Acres: 4.37
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0020-02958
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Uselmann Frances E
Bought by
Godula Mark E
Current Estimated Value
$217,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 26, 2022
Sold by
James Jacen P and James Jennifer C
Bought by
Uselmann Frances E and Godula Mark E
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$177,000
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$141,600
Interest Rate
5.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Larson Gary E and Larson Patricia C
Bought by
James Jacen P and James Jennifer C
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
Godula Mark E $3,000 None Listed On Document
Uselmann Frances E $177,000 Northeast Title
James Jacen P $30,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godula Mark E $143,000
Previous Owner Uselmann Frances E $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $177,000 0.0% $908 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $177,000 -- $908 / 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 $548 $52,900 $38,000 $14,900
2023 $548 $52,900 $34,100 $18,800
2022 $502 $46,900 $30,600 $16,300
2021 $506 $39,400 $25,200 $14,200
2020 $466 $38,600 $25,200 $13,400
2019 $454 $38,600 $25,200 $13,400
2018 $450 $38,900 $28,600 $10,300
2017 $368 $38,800 $28,500 $10,300
2016 $186 $14,600 $14,600 $0
2015 -- $18,200 $18,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104933

APN: 465002002958