NOT LISTED FOR SALE

2018 Pine Tree Trail Ely, MN 55731

Estimated Value: $182,000 - $481,000

6.51 Acres
$41,537 Price per Acre
283,576 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $170,000

Est. 51% increase in value since last sale

Current estimated payment $1,406/month

221 Days on Market

Highlights

  • No HOA
  • Views
  • Elevated Lot
  • Memorial High School Rated 9+
  • Landscaped with Trees
  • Level Lot

About This Lot

As of May 2023

Beautiful 6.51 acres of surveyed land located on Pine Tree Trail between Little Long Lake and Shagawa. There are many improvements to the property: a driveway, a 36' x 23' garage plumbed with infloor hot water heat (it will need to be hooked up to electric or propane power source). The garage has plenty of space for a workshop, there is a shed roof off of it providing additional great storage with racks for canoes, kayaks, or paddle boards. There are great building site options for a cabin or year round home, and a 3 BR septic that would just need to be plumbed to your structure once built. Power pole is onsite, outhouse, and two unfinished buildings that were moved to the location; with much local history. The property has diverse tree cover and elevations. Quiet location in the woods a convenient distance to town.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 08/26/2022

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Lot Details

  • 6.51 Acre Lot
  • Elevated Lot
  • Level Lot
  • Irregular Lot
  • Unpaved Streets
  • Landscaped with Trees

Parking

  • Gravel Driveway

Utilities

  • Private or Community Septic Tank

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$541

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Follow Sheridan East out of town to 169; follow to Grant McMahan or 88. Take a left onto 88/Grant McMahan and follow until you reach Pine Tree Trail. Turn Right onto Pine Tree Trail and follow to fire number and sign on the right.
  • L O1 Office Phone1 Number: 218-365-2800
  • Renewal Options: Sell Entirely
  • Road Maintenance: Association, Public, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Other Bldngs
  • Road Frontage: Unpaved

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • On Site Utilities: Electric, Private Septic
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: Irregular see Survey
  • Estimated Number of Acres: 6.51
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: Yes
  • Lot Description: Irregular Lot, Low Land, Tree Coverage - Medium, High, Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
May 16, 2023
Sold by
Puglielli Dominic M and Puglielli Jessica J
Bought by
Hansen Deborah and Miller Terry L
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$255,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,885
Avg. Annual Appreciation
19.63%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Puglielli Dominic M and Vallero Jessica J
Bought by
Puglielli Dominic M and Vallero Jessica J

Purchase Details

Closed on
Sep 27, 2007
Sold by
Brennan Timothy H
Bought by
Puglielli Michael and Puglielli Therese E

Purchase Details

Closed on
Jun 22, 2006
Sold by
Brennan Timothy H
Bought by
Kloehn Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2006
Sold by
Brennan Timothy H
Bought by
Reiten Jon C and Dailey Monica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2006
Sold by
Brennan Timothy H
Bought by
Pengal Paul M and Pengal Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2006
Sold by
Lingwall Daniel D and Lingwall Sandra
Bought by
Brannan Timothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 20, 2003
Sold by
Lingwall Daniel D and Lingwall Sandra
Bought by
Pengal Paul M and Pengal Carol L

Purchase Details

Closed on
Aug 13, 2003
Sold by
Kanuit Robert R
Bought by
Lingwall Daniel D and Lingwall Sandra
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
Hansen Deborah $170,000 Northeast Title Company
Puglielli Dominic M -- None Available
Puglielli Michael $47,000 Northeast Title Company
Kloehn Colleen A $73,000 Northeast Title Company
Reiten Jon C $87,000 Northeast Title Company
Pengal Paul M $72,000 Northeast Title Company
Brannan Timothy H $235,000 Northeast Title Company
Pengal Paul M $35,000 Northeast Title Company
Lingwall Daniel D $130,000 Northeast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reiten Jon C $69,600
Previous Owner Brannan Timothy H $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $170,000 0.0% --
04/04/2023 04/04/23 Pending -- -- --
08/26/2022 08/26/22 For Sale $170,000 -- --
Source: Lake Superior Area REALTORS®

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
2024 $726 $73,400 $45,500 $27,900
2023 $726 $66,200 $41,400 $24,800
2022 $562 $59,300 $37,700 $21,600
2021 $566 $50,800 $32,000 $18,800
2020 $534 $49,700 $32,000 $17,700
2019 $546 $49,700 $32,000 $17,700
2018 $544 $52,000 $39,600 $12,400
2017 $560 $52,000 $39,600 $12,400
2016 $550 $49,300 $38,100 $11,200
2015 $515 $52,500 $41,300 $11,200
2014 $515 $48,500 $37,300 $11,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    135 Total Sales

    Trish Bulinski
    Section Image
  • Jeff Hway

    Buyer's Agent in 2023

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    162 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105180

APN: 465002002780

Minnesota St Louis County Ely 55731

2018 Pine Tree Trail, Ely, MN

Not Listed for Sale

Lots

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