NOT LISTED FOR SALE

1906 N Savoy Rd Ely, MN 55731

Estimated Value: $320,000 - $460,000

1.11 Acres
$355,046 Price per Acre
48,352 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $49,000 $55 Per Sq Ft

Est. 716% increase in value since last sale

Current estimated payment $2,687/month

8 Days on Market

About This Lot

As of November 2021

In town with a country feel! Excellent lot with over an acre of land with access to city sewer and water, and power is right on site. With current zoning, can be used to park your camper or build your income producing endeavor here -- RV park? Multi unit rental? Direct access to Trezona Trail, ATV/Snowmobile trails, right around the corner from Vermilion Community College, and area lakes close by. Lots of opportunity! Great getaway property, or build your new home in a beautiful private setting with the convenience of city amenities!

Last Buyer's Agent

Andrea Zupancich

Z' Up North Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $376

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 292x102x263x267

Property Details

Property Type

Land

Est. Annual Taxes

$376

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: From the heart of Ely head East. Turn left (N) on 17th Ave E, then right on Savoy Rd to the property on your right. Sign on property
  • L O1 Office Phone1 Number: 763-463-7500
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer, Electric
  • On Site Utilities: Electric
  • Power Company: City Of Ely

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 292x102x263x267
  • Estimated Number of Acres: 1.11
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 13, 2021
Sold by
Robert J Larson And Barbara L Larson Tru and Larson Barbara L
Bought by
Loe Brielle and Loe Patrick
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$49,000
Sold Price
$49,000
Current Estimated Value
$400,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,079
Avg. Annual Appreciation
64.47%

Purchase Details

Closed on
Nov 15, 2017
Sold by
Larson Robert J and Larson Barbara L
Bought by
Larson Robert J and Larson Barbara L
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
Loe Brielle $49,000 Northeast Title
Larson Robert J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $49,000 0.0% $55 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $49,000 -- $55 / Sq Ft
Source: Lake Superior Area 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 $6,766 $404,700 $16,900 $387,800
2023 $6,766 $202,300 $16,100 $186,200
2022 $340 $15,100 $15,100 $0
2021 $376 $14,900 $14,500 $400
2020 $342 $14,800 $14,500 $300
2019 $336 $14,800 $14,500 $300
2018 $280 $14,800 $14,500 $300
2017 $298 $15,200 $14,400 $800
2016 $274 $15,200 $14,400 $800
2015 $284 $15,200 $14,400 $800
2014 $284 $15,200 $14,400 $800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099329

APN: 030050000044