NOT LISTED FOR SALE

2152 W Boundary Rd Ely, MN 55731

Estimated Value: $272,000 - $441,478

2 Beds
1 Bath
1,476 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $282,500 $191 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,242/month

282 Days on Market

Highlights

  • Panoramic View
  • Heated Floors
  • Deck
  • Memorial High School Rated 9+
  • 19.65 Acre Lot
  • Vaulted Ceiling

About This Home

As of May 2020

Beautiful CABIN in the Forest!! This year round cabin/home sits on 19 +/- acres and abuts State Land and is 5 miles from Ely. The home features 2 bedrooms, 1 bath and a custom rock soaking tub in the master bedroom loft with a Juliet porch. The great room accented with timber framing/beams, cathedral ceiling and craftsman's rock wood burning fireplace. Open kitchen, dining and living among the tree tops. The great room flows onto a open deck and covered deck for great entertaining or relaxing. 2 car insulated detached garage, drilled well and septic. The non-motorized Mesabi Trail is running down the old railroad grade-easy access onto the bike trail. Also the Taconite Trail is close and Twin Lakes is located out your back door.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 06/28/2019

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Bruce Chernak

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 2005

Lot Details

  • 19.65 Acre Lot
  • Lot Dimensions are 740 x 1300
  • Property fronts a private road
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Many Trees

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Utility Room
  • Heated Floors
  • Panoramic Views
  • Crawl Space
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Wood
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00491/00492

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,284

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Hwy 169 South out of Ely to Boundary Road W take left and first drive way to your left Fire #2152. The gate is on the start of the property. Signage on the property.
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 191.4
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 62N
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1476
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, In Floor, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space, Posts
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Great Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Utility Room
  • Room 7: Foyer
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1476
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Private
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 36x28

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Drilled

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2019-06-29
  • Estimated Lot Dimensions: 740 x 1300
  • Estimated Number of Acres: 19.65
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Low Land, Tree Coverage - Heavy, High, Level
  • Parcel Number: 465-0030-00491/00492

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
May 29, 2020
Sold by
Schulze George Steven and Schulze Joanne Cecile
Bought by
Ungerecht Percy and Ungerecht Kathryn
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Bruce Chernak
Bear Island Realty LLC
List Price
$282,500
Sold Price
$282,500
Current Estimated Value
$382,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,326
Avg. Annual Appreciation
5.82%
Original Mortgage
$226,000
Outstanding Balance
$157,424
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$225,402
Source: Public Records

Range of Values:

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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
Ungerecht Percy $282,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ungerecht Percy $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $282,500 0.0% $191 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $282,500 -- $191 / 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
2023 $2,544 $295,100 $58,100 $237,000
2022 $2,160 $259,000 $52,900 $206,100
2021 $1,946 $224,200 $45,000 $179,200
2020 $2,190 $194,300 $45,000 $149,300
2019 $2,110 $194,300 $45,000 $149,300
2018 $2,104 $189,000 $44,200 $144,800
2017 $1,900 $189,000 $44,200 $144,800
2016 $1,896 $173,500 $42,500 $131,000
2015 $1,923 $173,500 $42,500 $131,000
2014 $1,923 $173,500 $42,500 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084335

APN: 465003000491