NOT LISTED FOR SALE

2018 Pine Tree Trail Ely, MN 55731

Estimated Value: $170,000 - $494,000

6.51 Acres
$43,622 Price per Acre
283,576 Sq Ft Lot

Sale Details

Date Sold: May 19, 2023

Last sale price $170,000

Est. 67% increase in value since last sale

Current estimated payment $1,624 / mo

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 License #MN 20274047 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

6.51 Acres

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

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

Listed on
Aug 26, 2022
Closed on
May 16, 2023
Sold by
Bought by
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
$283,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,978
Avg. Annual Appreciation
18.06%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2006
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bought by
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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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
$170,000 Northeast Title Company
-- None Available
$47,000 Northeast Title Company
$73,000 Northeast Title Company
$87,000 Northeast Title Company
$72,000 Northeast Title Company
$235,000 Northeast Title Company
$35,000 Northeast Title Company
$130,000 Northeast Title Co
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
Previous Owner $69,600
Previous Owner $211,500
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
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

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 $1,092 $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

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105180

APN: 465002002780

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