NOT LISTED FOR SALE

1975 W Shagawa Rd Ely, MN 55731

Estimated Value: $206,397 - $396,000

2 Beds
1 Bath
784 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $162,000 $207 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,768/month

105 Days on Market

Highlights

  • 177 Feet of Waterfront
  • Docks
  • Landscaped with Trees
  • Memorial High School Rated 9+
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of December 2013

Shagawa Lake Nice 2 bedroom mobile home (1994) with some updates. The 10x24 3 season porch addition is lakeside with windows the length of the room with nice views of the lake. There is an 8x 12 storage shed down by the lake near the dock, and very nice shoreline (177 feet). Drilled well, septic.

Last Agent to Sell the Property

Wesley Crawford

Wildwoods Land Company Listed on: 08/01/2013

Last Buyer's Agent

Jeff Hway

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Year Built

  • 1994

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 177x330
  • 177 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Cul-De-Sac
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0051-00120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Year Built

1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities Exterior: Dock, Driveway - Gravel
  • Estimated Number of Acres: 0.89
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 465-0051-00120
  • Projected Closed Date: 12/18/2013
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 14x14, On Level: Main
  • Room 2: Kitchen, 14x11, On Level: Main
  • Room 3: Master Bedroom, 14x12, On Level: Main
  • Room 4: Bedroom, 14x10, On Level: Main
  • Room 5: 3 Season Porch, 24x10, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 784
  • Total Fin Square Footage: 784
  • Total Square Footage: 784

Exterior Features

  • Frontage Road: County, Paved
  • Waterfront Name: Shagawa
  • Construction Type: Manufactured
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 177
  • Waterfront Description: Lake

Utilities

  • Fuel: Electric, Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 177x330
  • Lot/Land Description: Cul De Sac, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 13, 2013
Sold by
Bowell Robert L and Bowell Kathleen
Bought by
Olson Gerald A and Olson Kay M
Seller's Agent
Wesley Crawford
Wildwoods Land Company
Buyer's Agent
Jeff Hway
Bear Island Land Co., Inc
List Price
$169,000
Sold Price
$162,000
Premium/Discount to List
-$7,000
-4.14%
Current Estimated Value
$308,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,099
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Rostorfer Edmund F and Rostorfer Loretta J
Bought by
Bowell Robert L
Source: Public Records

Range of Values:

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Average Value
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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
Olson Gerald A $162,000 Northeast Title Company
Bowell Robert L $210,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2013 12/18/13 Sold $162,000 -4.1% $207 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $169,000 -- $216 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2023 $1,602 $162,500 $139,900 $22,600
2022 $1,378 $146,100 $127,600 $18,500
2021 $1,422 $118,600 $103,000 $15,600
2020 $1,332 $118,600 $103,000 $15,600
2019 $1,370 $118,600 $103,000 $15,600
2018 $1,294 $123,600 $101,800 $21,800
2017 $1,164 $117,400 $96,900 $20,500
2016 $1,378 $110,600 $92,100 $18,500
2015 $1,396 $129,700 $107,900 $21,800
2014 $1,396 $129,700 $107,900 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4514809

REALTOR® Association of Southern Minnesota

APN: 465005100120