NOT LISTED FOR SALE

1902 Pine Tree Trail Ely, MN 55731

Estimated Value: $672,318 - $992,000

4 Beds
2 Baths
2,160 Sq Ft
$369/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2017

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

Est. 77% increase in value since last sale

Current estimated payment $4,693 / mo

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

2 Acres

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

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

Closed on
May 17, 2018
Sold by
Bought by
Current Estimated Value
$796,330

Purchase Details

Listed on
Mar 16, 2017
Closed on
Aug 22, 2017
Sold by
Bought by
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
6.65%
Original Mortgage
$360,000
Outstanding Balance
$300,392
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$495,938

Purchase Details

Closed on
Feb 21, 2014
Sold by
Bought by
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

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
-- None Available
$450,000 Northeast Title Company
$68,000 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 $360,000
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
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

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 $4,708 $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

    135 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

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

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