NOT LISTED FOR SALE

1902 Pine Tree Trail Ely, MN 55731

Estimated Value: $702,092 - $884,000

4 Beds
2 Baths
2,160 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $450,000 $208 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,457/month

113 Days on Market

Highlights

  • 575 Feet of Waterfront
  • Docks
  • Deck
  • Memorial High School Rated 9+
  • Panoramic View
  • Vaulted Ceiling

About This Home

As of August 2017

This 4-bedroom, 2-bath home is located on Little Long Lake, an extraordinary clear water lake just minutes from Ely. With a perfect mix of Northwoods charm and modern amenities, the home is a great fit for your private get-a-way or year-round home. Custom craftsmanship throughout the entire home inspired from classic Austrian chalet style architecture. The landscape features 575 feet of prime shoreline and 2 +/- acres with majestic pines and gorgeous west facing views. Two-stall garage with guest quarters above.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 03/16/2017

Co-Listed By

Phil Hyde

Bear Island Land Co., Inc

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 225 x 350
  • 575 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Irregular Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0078-00130

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,880

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, follow Hwy 169 E to Hwy 88, take a left follow to Pine Tree Trail, take a right to address.
  • L O1 Office Phone1 Number: 218-365-2800
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Foyer Entry, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Balcony, Deck, Dock, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2160
  • Garage Type: Detached
  • Heat: Baseboard, Wood, Propane, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1988
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Colonial/Tudor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Den/Office
  • Room 8: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2160
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private
  • Water Frontage In Feet: 575
  • Waterfront Name: Little Long
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 225 x 350
  • Estimated Number of Acres: 2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy, Level
  • Parcel Number: 465-0078-00130
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2018
Sold by
Vanderboom Russell J and Vanderboom Catherine E
Bought by
Vanderboom Russell J and Vanderboom Catherine E
Current Estimated Value
$773,023

Purchase Details

Listed on
Mar 16, 2017
Closed on
Aug 22, 2017
Sold by
Hogan Janet H and Hogan Phillip A
Bought by
Vanderboom Russell J and Vanderboom Catherine E
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$360,000
Outstanding Balance
$300,392
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$472,631

Purchase Details

Closed on
Feb 21, 2014
Sold by
Hogan Philip A and Hogan Janet H
Bought by
Uehling Anne Stewart
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vanderboom Russell J -- None Available
Vanderboom Russell J $450,000 Northeast Title Company
Uehling Anne Stewart $68,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderboom Russell J $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $450,000 0.0% $208 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $450,000 -- $208 / 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 $4,730 $537,700 $283,300 $254,400
2023 $4,730 $526,400 $270,100 $256,300
2022 $4,328 $526,400 $270,100 $256,300
2021 $4,472 $402,100 $206,400 $195,700
2020 $4,132 $388,100 $206,400 $181,700
2019 $3,568 $388,100 $206,400 $181,700
2018 $3,300 $349,800 $186,700 $163,100
2017 $3,332 $329,700 $177,300 $152,400
2016 $3,940 $329,700 $177,300 $152,400
2015 $3,957 $384,700 $206,600 $178,100
2014 $3,957 $384,700 $206,600 $178,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Chernak

    Bear Island Realty LLC

  • P

    Seller Co-Listing Agent in 2017

    Phil Hyde

    Bear Island Land Co., Inc

  • C

    Buyer's Agent in 2017

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    149 Total Sales

    Chris Eilrich
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027508

APN: 465007800130

Minnesota St Louis County Ely 55731

1902 Pine Tree Trail, Ely, MN

Not Listed for Sale

Detached

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