NOT LISTED FOR SALE

1971 Pine Tree Trail Ely, MN 55731

Estimated Value: $496,197 - $855,000

2 Beds
1.5 Baths
1,482 Sq Ft
$406/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2019

Last sale price $320,000 $216 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,612 / mo

2 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Heated Floors
  • Memorial High School Rated 9+
  • Panoramic View
  • Deck

About This Home

As of August 2019

Beautiful log home situated on a gorgeous Norway pine studded lake lot on Little Long Lake just north of Ely. Quiet, private setting with over 400 feet of shoreline, 2.5+/- acres, and an easy walk to the dock and the crystal-clear waters of this spectacular north woods lake. The main level includes 2 bedrooms, a half bath, very nice kitchen, and dining/living room with sensational sunset views through the pines. There is a propane fireplace in the living room and one of the bedrooms. The lower level has a family room, laundry area, and a full bath with jacuzzi tub (that needs to be finished by the buyer.) Seller recently added in-floor hot water heat in the lower level floor. Other features include a tuck-under carport and a separate log workshop building. The setting is classic north woods at its finest; hundreds of large pines, crystal clear water, great views, and swimming, excellent fishing, and a very nice lake home!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 07/31/2019

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC Listed on: 07/31/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 1990

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 450 x 250
  • Private Waterfront
  • 406 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Heated Floors

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 1 Car Garage
  • Carport
  • Tuck Under Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Propane
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Mound Septic
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 465-0078-00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,134

Year Built

Built in 1990

Lot Details

2.5 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 169 to Co. Rd 88 (Grant McMahan Blvd.). Turn left and follow to Pine Tree Trail. Turn right and follow to the property on the left. Shown by appointment only.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private
  • ShorelineCharacteristics: Gravel, Hard, Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Log Home
  • FinFootageAboveGrade: 969
  • Below Grade Finished Sq Ft: 513
  • Garage Type: Carport, Tuckunder
  • Heat: Boiler, Fireplace, In Floor, Propane
  • Fireplaces: 2
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Walkout, Bath, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: Full Basement, 1/2 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Family Room
  • Room 7: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1482
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 406
  • Waterfront Name: Little Long
  • Construction Status: Previously Owned
  • Exterior: Log, Wood
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 1

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 450 x 250
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High
  • Parcel Number: 465-0078-00070
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3134

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
Aug 20, 2021
Sold by
Bought by
Current Estimated Value
$601,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Outstanding Balance
$199,792
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,507

Purchase Details

Listed on
Jul 31, 2019
Closed on
Aug 12, 2019
Sold by
Bought by
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 18, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2008
Sold by
Bought by
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

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
$320,000 Northwest Title
$320,000 None Available
-- None Available
-- None Available
-- None Available
$450,000 Northeast Title Company
-- Rels Title
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 $223,000
Previous Owner $320,000
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
08/15/2019 08/15/19 Sold $320,000 0.0% $216 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $320,000 -- $216 / 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 $4,378 $457,400 $261,300 $196,100
2023 $4,310 $430,300 $249,100 $181,200
2022 $3,804 $430,300 $249,100 $181,200
2021 $3,816 $328,900 $190,500 $138,400
2020 $3,602 $319,000 $190,500 $128,500
2019 $3,334 $319,000 $190,500 $128,500
2018 $3,134 $297,000 $186,700 $110,300
2017 $3,152 $280,100 $177,100 $103,000
2016 $3,668 $280,100 $177,100 $103,000
2015 $3,727 $329,400 $208,200 $121,200
2014 $3,727 $329,400 $208,200 $121,200
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2019

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    159 Total Sales

    Jeff Hway
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085786

APN: 465007800070

Minnesota St Louis County Ely 55731

1971 Pine Tree Trail, Ely, MN

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