NOT LISTED FOR SALE

2063 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $517,000 - $678,000

3 Beds
1 Bath
2,356 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $275,000 $117 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,040/month

306 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Traditional Architecture
  • Memorial High School Rated 9+
  • Panoramic View
  • Wood Flooring

About This Home

As of August 2020

Beautiful vista views of Shagawa Lake from this year round 3 bedroom, 1 bath spacious home. The addition of the front porch is perfect for summer enjoyment with stone accent, knotty pine walls and new windows and door. This property features +-5 acres with +-273' of lake shore and majestic white and red pine. The home has hardwood floors throughout the living and dining room and a beautiful stone wood burning fireplace. The kitchen has been renovated in Fall of 2017. Complete with pantry closet and plenty of storage, new counter tops and working island and all new appliances. Off the kitchen there is a utility area, laundry, and bonus 3 season sunroom. The home has received new updates with propane furnace, new vinyl log siding and new metal roof. There is a lakeside accessory building and dock at the level +-273' of shoreline. Attached 2-stall garage, drilled well and newer septic.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 09/23/2019

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1930

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 265 x 820
  • Private Waterfront
  • 273 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Partially Fenced Property
  • Level Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Partial Basement
  • Stone Basement

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,162

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely take Hwy 169 East to County Road 88(Grant McMahan Blvd) to Fire #2063. Sign on the property.
  • L O1 Office Phone1 Number: 218-365-3665
  • ShorelineCharacteristics: Hard
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 63N
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Hardwood Floors, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Dock, Fenced Yard - Partial, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2356
  • Garage Type: Attached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: Yes
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete, Stone, Wood
  • Basement Style: Partial
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Enclosed Porch, Mud Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Porch
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Mud Room
  • Room 9: 3 Season Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2356
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Other Buildings
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 273
  • Waterfront Name: Shagawa
  • Construction Status: Previously Owned
  • Exterior: Stone, Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 265 x 820
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High, Level
  • Parcel Number: 465-0020-02800
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2021
Sold by
Hartman Nancy D and Estate Of Shirley Margaret Har
Bought by
Mcandrew Nicholas Adam and Mcandrew Kristina Beverly
Current Estimated Value
$526,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$197,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$394,700

Purchase Details

Listed on
Sep 23, 2019
Closed on
Aug 27, 2020
Sold by
Hartman Nancy D and Hartman Robert A
Bought by
Mcandrew Nicholas Adam and Mcandrew Kristina Beverly
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Aug 16, 2005
Sold by
Mcgill Properties Llc
Bought by
Hartman Robert and Hartman Shirley

Purchase Details

Closed on
Feb 3, 2004
Sold by
Mcgill Properties Llc
Bought by
Wilson Barbara

Purchase Details

Closed on
Oct 28, 2003
Sold by
Mcgill Properties Llc
Bought by
Barton Michael A and Barton Sharon L
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

Date Buyer Sale Price Title Company
Mcandrew Nicholas Adam $137,500 None Available
Mcandrew Nicholas Adam $137,500 Northeast Title Company
Hartman Robert $290,000 Northeast Title Company
Wilson Barbara $200,000 Northeast Title Company
Barton Michael A $145,000 Northeast Title Company
Mcandrew Nicholas Nicholas $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcandrew Nicholas Adam $220,000
Closed Mcandrew Nicholas Nicholas $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $275,000 0.0% $117 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $275,000 -- $117 / Sq Ft
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 $3,744 $396,700 $185,000 $211,700
2023 $3,744 $394,700 $170,200 $224,500
2022 $3,256 $339,500 $155,500 $184,000
2021 $3,484 $280,600 $126,000 $154,600
2020 $3,232 $280,600 $126,000 $154,600
2019 $3,258 $280,600 $126,000 $154,600
2018 $3,068 $290,500 $180,800 $109,700
2017 $2,890 $275,400 $172,200 $103,200
2016 $3,324 $256,800 $163,500 $93,300
2015 $3,337 $301,400 $191,700 $109,700
2014 $3,337 $301,400 $191,700 $109,700
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2020

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image

  • J

    Buyer's Agent in 2020

    Jim Burke

    Keller Williams Classic Realty NW

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086515

APN: 465002002800

Minnesota St Louis County Ely 55731

2063 Grant McMahan Blvd, Ely, MN

Not Listed for Sale

Detached

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