NOT LISTED FOR SALE

2285 Echo Trail Ely, MN 55731

Estimated Value: $219,938 - $288,000

2 Beds
1 Bath
980 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2022

Last sale price $195,000 $199 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,456 / mo

45 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Cabin
  • Memorial High School Rated 9+
  • Bathroom on Main Level

About This Home

As of October 2022

RARE opportunity for property on the Echo Trail. TWO cabins on 5 acres plus multiple outbuildings and deeded access to Everett lake. The Main Cabin : 980 Square Feet Built in 1979 this custom two story log cabin has both wood and gas stoves to keep you warm through winters. The deck and sunroom face SW to catch the afternoon sun. No neighbors can be seen thanks to the dense forest. This cabin has no running water or septic. There is a 80 gallon cistern in the kitchen which is filled from the well. Well water is 11 out of 10 quality from the granite bedrock. Electric composting toilet is in the restroom. There are multiple areas to place a septic system if you wish and the cabin could be easily plumbed from the well. There is an outbuilding with a water heater and shower. The Guest Cabin: 416 Square Feet Don't let the rustic exterior fool you. The interior of this 1973 cabin is absolutely immaculate and must be seen as the pics do not do it justice. The main area is 16x20 with an 8x8 loft. It feels larger inside due to the open design and eight large windows. Gas stove for heat plus a full sized gas range/oven and a full sized refrigerator. The outbuildings : 12x10 shower building with water heater 8x12 bunkhouse that was previously a sauna and could be converted back to one. 6x10 motorcycle/storage shed 10x12 woodshed (not pictured) Outhouse(not pictured) Deeded access to Everett Lake. This property comes with access to Everett lake which connects to the enormous Burntside Lake by way of the Dead River. Lake access is 3/4 mile from the property.

Last Agent to Sell the Property

Steven Koleno

Beycome Brokerage Realty LLC Listed on: 07/01/2022

Last Buyer's Agent

Wesley Crawford

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 100x280

Parking

  • No Garage

Home Design

  • Cabin

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

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

Utilities

  • No Heating
  • Private Water Source
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 613-0010-04627

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1979

Lot Details

5 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Turn right onto Echo Trail/Ely-Buycks Rd Turn left onto Grant McMahan Blvd Turn right onto MN-169 N/E Sheridan St
  • L O1 Office Phone1 Number: 844-239-2663
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 490
  • Below Grade Finished Sq Ft: 490
  • Garage Type: None
  • Heat: None
  • MainFloorBath: Yes
  • TotalBedrooms: 2
  • Year Built: 1979
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 1/4 Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 2 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 980

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Other

Utilities

  • Power Company: City Of Ely
  • Sewer: None
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100x280
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 613-0010-04627

Tax Info

  • Tax Amount: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 22, 2022
Sold by
Held Aven S
Bought by
Crawford Wesley D
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Wesley Crawford
Wildwoods Land Company
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$246,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,735
Avg. Annual Appreciation
7.00%
Original Mortgage
$156,000
Outstanding Balance
$149,706
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$97,029

Purchase Details

Closed on
Oct 3, 2018
Sold by
Held Florencia
Bought by
Held Aven S
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
Crawford Wesley D $195,000 Northeast Title Company
Held Aven S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Wesley D $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $195,000 0.0% $199 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $195,000 -- $199 / Sq Ft
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 $1,540 $138,000 $54,800 $83,200
2023 $1,540 $116,000 $49,900 $66,100
2022 $534 $95,300 $42,200 $53,100
2021 $616 $85,000 $37,900 $47,100
2020 $554 $86,900 $37,900 $49,000
2019 $524 $86,900 $37,900 $49,000
2018 $520 $86,900 $37,900 $49,000
2017 $526 $86,900 $37,900 $49,000
2016 $568 $86,900 $37,900 $49,000
2015 $544 $62,900 $28,300 $34,600
2014 $544 $62,900 $28,300 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103947

APN: 613001004627

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