NOT LISTED FOR SALE

2007 Pine Tree Trail Ely, MN 55731

Estimated Value: $754,000 - $1,256,000

3 Beds
2 Baths
1,751 Sq Ft
$565/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $715,000 $408 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,221/month

191 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Beach View
  • Vaulted Ceiling
  • Skylights

About This Home

As of June 2020

Handscribed Log Home, Private Peninsula & Bay, Like Driving To Your Own Island In The Boundary Waters Area! Ideal Location Just Outside Ely, Set On 5.5 Acres Of Gently Sloping Mature Forest & 1382 Ft Shoreline, Little Long Lake—Incredibly Clear Water, Gorgeous Sunrise To Sunset Views! This is a 322 acre lake, 45 ft deep, known for water clarity to 17 ft & abundant walleye. Bissonett-built 2891 SF, 3BR/2BTH home w/living, dining, kit, loft, rec rm & all BRs lakeside. Great rm w/nat light pouring in 2 story tall windows, Jotul woodstove, handmade & glass drs to wraparound lakefront deck. Custom kit w/new appliances 2014 open to dining, living & loft—all lakeside. Lakeside main flr King BR w/bth. Up log stairs is spacious loft w/lake views on both sides. Walkout level has 2 King BRs & reading/game area--all w/water views; full bth & laundry. Cent air, drilled well, good internet (Frontier & ATT). Level path to point w/firepit, picnic & hammock area. 2 docks. Click link to view 3D Tour!

Last Listed By

Lisa Janisch

Janisch Realty, Inc Listed on: 12/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,382

Year Built

  • Built in 1988

Lot Details

  • 5.5 Acre Lot
  • Lot Dimensions are 765x402
  • Lake Front
  • Irregular Lot

Property Views

  • Beach
  • Panoramic

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Private Sewer

Community Details

  • Crangles Homestead Town Of Mor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 465007800010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,382

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Log
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Fuel Type: Propane
  • Year Built: 1988
  • Power Company Name: Minnesota Power
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1751.00
  • Above Grade Finished Area Search: 1751.00
  • Assessment Pending Y N: Yes
  • Below Grade Finished Sq Ft: 1055.00
  • Carport Y N: No
  • Floor Plan Type: Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Gravel, Rocky
  • Lake Depth Feet: 45
  • List A O R Key Numeric: 2534
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2806.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 465007800010
  • Property Out Building Type: Shed - Storage
  • Rental License: No
  • Stories Type: One and One Half
  • Tax Assessment Balance: 70.00
  • Water Body Name: Little Long Lake (Morse Twp.)
  • Waterfront Frontage: 1382
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Concrete Block, Daylight/Lookout Windows, Finished (Livable), Full, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Free Standing, Living Room, Wood Burning
  • Dining Room Features: Eat In Kitchen, Kitchen/Dining Room
  • Family Room Features: Family Room, Lower Level
  • Bathroom Type: Full Master, Master Walk-Thru
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 1055.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 322.24000
  • Waterfront View: East, Lake, North, Panoramic, West

Garage/Parking

  • Parking Features: Driveway - Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private
  • Electric: 200+ Amp Service

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Panoramic View, Skylight, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • School District: 696 - Ely
  • School District Phone: 218-365-6166

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Topography: Rolling
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: Yes
  • Lot Size: 765x402
  • Homestead: No
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Lot Size Acres: 5.5000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lengthy, see attached doc.
  • Tax Amount: 6382.00
  • Tax Year: 2020
  • Tax With Assessments: 6452.00
  • Assessor Parcel Number: 465007800010

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 696 - Ely

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jun 22, 2020
Sold by
Thurston John K and Thurston Susan
Bought by
Duncan Timothy M and Timothy M Duncan Trust
Seller's Agent
Lisa Janisch
Janisch Realty, Inc
Buyer's Agent
Dan Janisch
Janisch Realty, Inc
List Price
$747,500
Sold Price
$715,000
Premium/Discount to List
-$32,500
-4.35%
Total Days on Market
191
Current Estimated Value
$989,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,013
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 28, 2017
Sold by
Bobo Jean M
Bought by
Thurston John K and Thurston Susan
Seller's Agent
Janet Erchul
Ely Realty
Buyer's Agent
Janet Erchul
Ely Realty
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

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
Duncan Timothy M $715,000 None Available
Thurston John K $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Timothy M $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $715,000 -4.3% $408 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $747,500 +24.6% $427 / Sq Ft
10/03/2017 10/03/17 Sold $600,000 0.0% $209 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $600,000 -- $209 / Sq Ft
Source: NorthstarMLS

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 $8,854 $804,400 $447,500 $356,900
2022 $7,432 $804,400 $447,500 $356,900
2021 $6,820 $614,600 $342,000 $272,600
2020 $6,452 $556,400 $303,300 $253,100
2019 $6,354 $556,400 $303,300 $253,100
2018 $5,894 $550,900 $311,700 $239,200
2017 $5,928 $519,200 $295,700 $223,500
2016 $7,180 $519,200 $295,700 $223,500
2015 $7,300 $610,600 $347,700 $262,900
2014 $7,300 $610,600 $347,700 $262,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5346855

NorthstarMLS

APN: 465007800010