NOT LISTED FOR SALE

1893 N Grassy Rd Ely, MN 55731

Estimated Value: $86,000 - $165,000

11.92 Acres
$9,834 Price per Acre
519,235 Sq Ft Lot

Sale Details

Date Sold: June 12, 2019

Last sale price $40,000

Est. 193% increase in value since last sale

Current estimated payment $696 / mo

901 Days on Market

About This Lot

As of June 2019

Located approximately 12 miles north of Ely, this wilderness building lot is located within the Superior National Forest. Vast area of wilderness and numerous lakes to explore, but only minutes away from shops and more in Ely. Come enjoy nature's beauty.

Last Agent to Sell the Property

Steve Aberhamson

Vermilion Land Office Inc License #20306944 Listed on: 07/18/2016

Last Buyer's Agent

Member Non

NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $498

Lot Details

  • 11.92 Acre Lot
  • Lot Dimensions are 666 x 651
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Property is zoned FAM3

Property Details

Property Type

Land

Est. Annual Taxes

$498

Lot Details

11.92 Acres

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 07/18/2016
  • Real Estate Tax: 498
  • Type: Residential
  • Lot Size Length: 666
  • Lot Size Width: 651
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Number Of Acres: 11.92
  • Zoning: FAM3
  • Improvements: Drive Way
  • Land Description: Gradual topography
  • Topography: Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Jun 28, 2019
Sold by
State Of Minnesota
Bought by
Kosse Thomas A
Seller's Agent
Steve Aberhamson
Vermilion Land Office Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$56,500
Sold Price
$40,000
Premium/Discount to List
-$16,500
-29.2%
Current Estimated Value
$117,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,227
Avg. Annual Appreciation
17.13%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Jun 12, 2019
Sold by
Kosse Thomas A
Bought by
Simmons Lawrence D and Simmons Rebecca R
Seller's Agent
Steve Aberhamson
Vermilion Land Office Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$56,500
Sold Price
$40,000
Premium/Discount to List
-$16,500
-29.2%
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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Purchase History

Date Buyer Sale Price Title Company
Kosse Thomas A $3,712 None Available
Simmons Lawrence D $40,000 Viking Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $40,000 -16.7% --
03/22/2018 03/22/18 Price Changed $48,000 -15.0% --
03/22/2018 03/22/18 For Sale $56,500 +41.3% --
03/22/2018 03/22/18 Off Market $40,000 -- --
07/18/2016 07/18/16 For Sale $56,500 -- --
Source: Range Association of 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 $778 $70,400 $61,100 $9,300
2023 $778 $64,200 $56,800 $7,400
2022 $644 $53,200 $47,300 $5,900
2021 $662 $47,300 $42,000 $5,300
2020 $506 $47,700 $42,900 $4,800
2019 $498 $43,800 $42,900 $900
2018 $0 $43,800 $42,900 $900
2016 $470 $43,800 $42,900 $900
2015 $451 $45,200 $45,200 $0
2014 $451 $45,200 $45,200 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steve Aberhamson

    Vermilion Land Office Inc

    (218) 780-4769

    26 Total Sales

    Steve Aberhamson
    Section Image

  • M

    Buyer's Agent in 2019

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 130038

Range Association of REALTORS®

APN: 613001003081

Minnesota St Louis County Ely 55731

1893 N Grassy Rd, Ely, MN

Not Listed for Sale

Lots

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