NOT LISTED FOR SALE

2224 Echo Trail Ely, MN 55731

Estimated Value: $392,000 - $483,000

2 Beds
1.5 Baths
1,200 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2017

Last sale price $223,500 $186 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,328 / mo

104 Days on Market

Highlights

  • Panoramic View
  • Heated Floors
  • Vaulted Ceiling
  • Memorial High School Rated 9+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of July 2017

This striking custom built 2 BR, 2 BA home located on the Echo Trail and nestled into pine covered 7+/- acre lot w/deeded access to Everett Lake. Mature red pine, white pine, jack pine as well as aspen, birch, maple and spruce can all be found on this remarkable piece of the north woods. Privacy, astounding wildlife viewing and comfortable Northwoods retreat; this beautiful home has it all. Built in 2003, home features pine tongue & groove w/gorgeous log accents and built-ins throughout, tile flooring w/in-floor heat, open & covered decks around the entire perimeter, screen porch w/breathtaking westerly views & oversized custom windows for ultimate wildlife viewing experience. Main level features an open concept w/ KI, DR & LR combined. In addition, there is a BR, a BA & laundry/utility room. New on-demand water heater was recently installed. Other heat options include high efficiency Jotul wood stove & electric baseboard.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 03/15/2017

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 2003

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 575 x 600
  • Property fronts a county road
  • Many Trees

Property Views

  • Panoramic
  • Valley

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Utility Room

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Air Exchanger

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 613-0080-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 2003

Lot Details

7 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, east on 169 to 88, go left, then right on Echo Trail. Follow Echo Tr to property address on left. Private Road - shown by appointment only.
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Valley, Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1200
  • Garage Type: Detached
  • Heat: Baseboard, In Floor, Wood, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom Description: Full Master, 1/2 Main Floor
  • Extra Rooms: Den/Office, Enclosed Porch, Sitting/Parlor, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1200
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Shared, 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: 575 x 600
  • Estimated Number of Acres: 7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 613-0080-00030

Tax Info

  • Tax Amount: 2056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Smyka Eric and Smyka Cynthia
Bought by
Powell Todd R
Current Estimated Value
$430,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Outstanding Balance
$368,658
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
$62,313

Purchase Details

Closed on
Jul 15, 2022
Sold by
Smyka Eric and Smyka Cynthia
Bought by
Newman Mark and Newman Tammy

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 26, 2017
Sold by
Oconnell Daniel J and Cardarelle Kathryn R
Bought by
Smyka Eric
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$223,500
Sold Price
$223,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$223,500
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 29, 2012
Sold by
Crawford Wesley D and Crawford Yvette
Bought by
Oconnell Daniel J and Cardarelle Kathryn R
Seller's Agent
Wesley Crawford
Wildwoods Land Company
Buyer's Agent
Kate Davies
Bear Island Land Co., Inc
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$160,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Powell Todd R $379,000 Northeast Title Company
Newman Mark $3,000 --
Smyka Eric $223,500 Northeast Title Company
Oconnell Daniel J $200,000 Ne Ely
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Todd R $379,000
Previous Owner Smyka Eric $223,500
Previous Owner Oconnell Daniel J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2017 07/26/17 Sold $223,500 0.0% $186 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $223,500 +11.8% $186 / Sq Ft
10/29/2012 10/29/12 Sold $200,000 -12.7% $164 / Sq Ft View Prior Sale
10/01/2012 10/01/12 For Sale $229,000 -- $188 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
Source: Lake Superior Area 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 $85 $285,500 $61,700 $223,800
2023 $85 $235,900 $57,900 $178,000
2022 $208 $192,300 $49,600 $142,700
2021 $222 $172,700 $45,900 $126,800
2020 $200 $173,900 $45,800 $128,100
2019 $186 $173,900 $45,800 $128,100
2018 $2,104 $173,900 $45,800 $128,100
2017 $2,110 $170,400 $45,800 $124,600
2016 $2,096 $170,400 $45,800 $124,600
2015 $2,070 $173,700 $52,100 $121,600
2014 $2,070 $173,700 $52,100 $121,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Chernak

    Bear Island Realty LLC

  • Kate Davies

    Seller Co-Listing Agent in 2017

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    160 Total Sales

    Kate Davies
    Section Image
  • Lori Schulze

    Buyer's Agent in 2017

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    119 Total Sales

    Lori Schulze
    Section Image

  • W

    Seller's Agent in 2012

    Wesley Crawford

    Wildwoods Land Company

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027440

APN: 613008000030

Minnesota St Louis County Ely 55731

2224 Echo Trail, Ely, MN

Not Listed for Sale

Detached

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