Seller's Agent in 2025
Lori Schulze
Keller Williams Classic Realty NW - Ely
(218) 343-1787
125 Total Sales
3
Beds
2
Baths
1,581
Sq Ft
9.5
Acres
Highlights
- Deck
- Vaulted Ceiling
- Wood Flooring
- Memorial High School Rated 9+
- Post and Beam
- Great Room
About This Home
As of October 2025Escape to the tranquility of Ely, MN with this stunning one-level, timber-frame home, nestled on 9.5 acres of pristine, wooded land. Built in 2004, this 3-bedroom, 2-bathroom beauty combines rustic charm with modern comfort. The home’s cedar siding and natural wood accents create a warm, welcoming atmosphere from the moment you arrive. The heart of the home features a vaulted ceiling and gleaming hardwood floors, offering a bright and airy living space perfect for both relaxation and entertaining. With ample counter space and a functional layout, the kitchen, open to the dining and great room, is perfect for preparing meals and gathering with family and friends. The impressive 30' x 50' detached garage, built in 2012, offers ample space for vehicles, boats, or other large equipment, and includes a heated shop area - ideal for year-round projects, woodworking, or mechanical work. This property adjoins Federal Land, the ultimate in privacy, with plenty of room for hiking, wildlife watching, and more - Imagine enjoying your morning coffee while surrounded by nature. Ideal location for those who appreciate both serenity and convenience to the charming town of Ely. This property is perfect for anyone looking to embrace the beauty of northern Minnesota. Whether you’re seeking a year-round home or a peaceful getaway, this gem offers the perfect blend of comfort, style, and natural beauty.
Last Agent to Sell the Property
Keller Williams Classic Realty NW - Ely Listed on: 05/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,253
Year Built
- Built in 2004
Lot Details
- 9.5 Acre Lot
Home Design
- Post and Beam
- Poured Concrete
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,581 Sq Ft Home
- 1-Story Property
- Wet Bar
- Woodwork
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Great Room
- Open Floorplan
- Den
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Parking
- 4 Car Detached Garage
- Heated Garage
- Insulated Garage
- Garage Drain
- Garage Door Opener
Outdoor Features
- Deck
- Rain Gutters
- Porch
Utilities
- Forced Air Heating and Cooling System
- Dual Heating Fuel
- Heating System Uses Propane
- Drilled Well
- Private Sewer
Community Details
- No Home Owners Association
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 465-0126-00020, 00031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Sep 29, 2025
Sold by
Loomis Thad W and Almeida-Loomis Soraya
Bought by
Bremner Erin and Bremner Sara
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$408,000
Outstanding Balance
$407,635
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$122,031
Purchase Details
Closed on
Aug 27, 2002
Sold by
Passananti Stanley W and Passananti Joyce A
Bought by
Loomis Don W and Loomis Enola L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | Northeast Title | |
| Warranty Deed | $37,500 | Consolidated Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | Sold | $510,000 | -2.9% | $323 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $525,000 | -- | $332 / 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 | $3,256 | $398,700 | $60,300 | $338,400 |
| 2023 | $3,256 | $360,700 | $55,500 | $305,200 |
| 2022 | $3,132 | $321,300 | $53,200 | $268,100 |
| 2021 | $2,964 | $293,200 | $49,100 | $244,100 |
| 2020 | $2,626 | $271,900 | $49,100 | $222,800 |
| 2019 | $2,316 | $263,500 | $49,100 | $214,400 |
| 2018 | $2,296 | $243,700 | $45,000 | $198,700 |
| 2017 | $2,076 | $243,800 | $45,100 | $198,700 |
| 2016 | $2,034 | $223,300 | $43,500 | $179,800 |
| 2015 | $2,043 | $206,600 | $40,300 | $166,300 |
| 2014 | $2,043 | $206,600 | $40,300 | $166,300 |
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
-
Trish Bulinski
T
Buyer's Agent in 2025
Trish Bulinski
Bear Island Realty LLC
(218) 349-5595
135 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6119005
APN: 465012600020
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