Seller's Agent in 2025
Lori Schulze
Keller Williams Classic Realty NW - Ely
(218) 343-1787
125 Total Sales
1
Bed
--
Bath
480
Sq Ft
10
Acres
Highlights
- Deck
- Main Floor Primary Bedroom
- No HOA
- Memorial High School Rated 9+
- Loft
- Woodwork
About This Home
As of December 2025Escape to the heart of the Northwoods with this rustic cabin retreat, nestled on 10 acres along the Scenic Echo Trail in Ely, MN. Surrounded by towering pines, this property offers privacy, tranquility, and direct access to one of the area’s most beautiful stretches of wilderness. The cozy 480 sq ft cabin is simple yet functional, featuring a main living area with a woodstove, a simple kitchen area with a propane cookstove, an entry room with a propane refrigerator, a main level bedroom with a propane wall heater with access to the loft area. True to its rugged character, the property is equipped with a lean-to storage shed, outhouse, and a hand pump well—perfect for those seeking an off-grid lifestyle or a peaceful weekend getaway. Whether you’re seeking a quiet retreat, a hunting base, or simply a place to enjoy the unspoiled beauty of Ely’s wilderness, this property provides the perfect opportunity to embrace simple living in a truly stunning setting—while also offering the space and potential to build your dream home in the serenity of the Northwoods.
Last Agent to Sell the Property
Keller Williams Classic Realty NW - Ely Listed on: 08/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $217
Year Built
- Built in 2008
Lot Details
- 10 Acre Lot
- Lot Dimensions are 660 x 660
- Property fronts a county road
- Many Trees
Home Design
- Cabin
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 480 Sq Ft Home
- Multi-Level Property
- Woodwork
- Wood Burning Fireplace
- Entryway
- Living Room
- Loft
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Main Floor Bedroom
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Deck
- Storage Shed
- Lean-To Shed
- Outhouse
Utilities
- No Cooling
- Space Heater
- Heating System Uses Wood
- Heating System Uses Propane
- Private Water Source
- Drilled Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 465-0020-00731
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2021
Sold by
Godlin William C and Godlin Barbara J
Bought by
Macho John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Jun 30, 2021
Sold by
Godlin William C and Godlin Barbara J
Bought by
Macho Melissa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Listed on
May 2, 2016
Closed on
Jun 20, 2017
Sold by
Dekkers Brad
Bought by
Macho Melissa
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$60,000
Sold Price
$60,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$54,000
Interest Rate
3.95%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $57,000 | None Available | |
| Land Contract | $52,000 | None Available | |
| Warranty Deed | $60,000 | Northeast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $42,000 | Land Contract Argmt. Of Sale | |
| Previous Owner | $54,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | Sold | $135,000 | -6.3% | $281 / Sq Ft | |
| 10/30/2025 10/30/25 | Pending | -- | -- | -- | |
| 10/02/2025 10/02/25 | Price Changed | $144,000 | -5.9% | $300 / Sq Ft | |
| 08/19/2025 08/19/25 | For Sale | $153,000 | +155.0% | $319 / Sq Ft | |
| 06/20/2017 06/20/17 | Sold | $60,000 | 0.0% | $313 / Sq Ft | View Prior Sale |
| 04/21/2017 04/21/17 | Pending | -- | -- | -- | |
| 05/02/2016 05/02/16 | For Sale | $60,000 | -- | $313 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $302 | $82,700 | $57,800 | $24,900 |
| 2023 | $302 | $67,100 | $52,000 | $15,100 |
| 2022 | $260 | $59,600 | $46,500 | $13,100 |
| 2021 | $254 | $49,800 | $38,400 | $11,400 |
| 2020 | $228 | $49,200 | $38,400 | $10,800 |
| 2019 | $206 | $49,200 | $38,400 | $10,800 |
| 2018 | $206 | $46,700 | $40,400 | $6,300 |
| 2017 | $468 | $46,700 | $40,400 | $6,300 |
| 2016 | $196 | $44,300 | $38,600 | $5,700 |
| 2015 | $358 | $26,600 | $23,200 | $3,400 |
| 2014 | $358 | $38,600 | $38,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Schulze
-
Heather Franciskovich
H
Seller Co-Listing Agent in 2025
Heather Franciskovich
Keller Williams Classic Realty NW - Ely
(218) 235-3895
11 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6121394
APN: 465002000731
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