NOT LISTED FOR SALE

2148 Nels Lake Rd Ely, MN 88888

Estimated Value: $454,000 - $590,000

3 Beds
2 Baths
2,528 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

Last sale price $265,000 $105 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,165 / mo

156 Days on Market

Highlights

  • 20 Acre Lot
  • Deck
  • Instant Hot Water
  • Memorial High School Rated 9+
  • Multiple Fireplaces

About This Home

As of December 2020

ELY MN Enjoy the scenic drive up the Echo Trail to your new Northwoods get away! This hand scribed log home is nestled on a heavily wooded 20 acre parcel walking distance to Nels Lake Public Landing and short drive to Downtown Ely. The main floor features a gas fireplace in the Living Room with sliding doors to the large deck with Southern exposure, a nice size kitchen, two bedrooms and a full bath. Take a turn up the spiral stairs to the sitting room with doors leading to an East facing deck. The Master Bedroom features a gas fireplace for those cozy fall nights, walk in closet, full bath and access to a North facing deck. This home has a cat walk from the sitting room across the living room to yet another South facing deck with panoramic views of the Superior National Forest. Two Humphrey gas lights have been installed -- one in Living Room one in Master bedroom. Home runs via generator. INCOME PRODUCING PROPERTY LISTED ON VRBO WITH GREAT RESULTS.

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 06/18/2020

Last Buyer's Agent

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 06/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 2015

Lot Details

  • 20

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Gas Range
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Additional Features

  • Deck
  • 20 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 613-0010-02755

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 2015

Lot Details

20 Acres

Listing Details

  • Class: Residential
  • Construction: Log
  • Guttering: Partial
  • Heat: Gas - Propane
  • Lvt Date: 06/18/2020
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 613-0010-02755
  • Patioporch: Deck
  • Real Estate Tax: 2402
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2528
  • Bedroom 1: Size: 20x20, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Hood, Gas Range
  • Basement: Crawl
  • Bedroom 2: Size: 16x16, On Level: Main
  • Bedroom 3: Size: 20x16, On Level: Upper
  • Dining Room: Size: 16x11, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log
  • Kitchen: Size: 16x11, On Level: Main
  • Living Room: Size: 16x22, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Sitting Rm, Size: 10x10, On Level: Upper

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Shingle

Utilities

  • Utilities: Septic, Well
  • Water Heater: Instant

Lot Info

  • Lot Size: Dimensions: 1320x660
  • Number Of Acres: 20
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 18, 2020
Sold by
Schmoll Jeffrey and Schmoll Anastasia
Bought by
Benavides Dario and Betancur Paola A
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%
Current Estimated Value
$522,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,963
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Aug 29, 2016
Sold by
Schmoll Jeffrey and Schmoll Anastasia
Bought by
Schmoll Jeffrey M and Schmoll Anastasi

Purchase Details

Closed on
May 6, 2016
Bought by
Schmoll Anastasia Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,360
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Flaherty Jerry C and Flaherty Susan L
Bought by
Wells Fargo Bank Na
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
Benavides Dario $264,000 Northeast Title Company
Schmoll Jeffrey M -- None Available
Schmoll Anastasia Anastasia $135,500 --
Schmoll Anastasia $135,450 Title365
Wells Fargo Bank Na $243,981 None Available
Benavides Dario Dario $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmoll Anastasia $108,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $265,000 -5.2% $105 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $279,500 -3.6% $111 / Sq Ft
06/18/2020 06/18/20 For Sale $289,900 -- $115 / Sq Ft
Source: Range Association of REALTORS®

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 $4,452 $425,400 $86,500 $338,900
2023 $4,452 $350,500 $81,000 $269,500
2022 $3,234 $284,900 $68,800 $216,100
2021 $2,518 $253,800 $62,000 $191,800
2020 $2,402 $192,300 $52,500 $139,800
2019 $2,374 $192,300 $52,500 $139,800
2018 $2,366 $192,300 $52,500 $139,800
2017 $3,328 $192,300 $52,500 $139,800
2016 $3,394 $269,400 $66,400 $203,000
2015 $3,318 $281,100 $76,500 $204,600
2014 $3,318 $281,100 $76,500 $204,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 139649

Range Association of REALTORS®

APN: 613001002755

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