NOT LISTED FOR SALE

2365 Reed Rd Ely, MN 55731

3 Beds
1 Bath
1,085 Sq Ft
80 Acres

Last Sold July 15, 2022

Last sale price $1,100,000 $1,014 Per Sq Ft

Highlights

  • 80 Acre Lot
  • 1-Story Property
  • Wood Burning Fireplace
  • Memorial High School Rated 9+

About This Home

As of July 2022

Burntside Lake Estate property with 80 acres of land and 340 feet of shoreline. Conservation Easements with Minnesota Land Trust. Original log cabin built in the 1950's, 1085 sq ft. Three room guest cabin. Wet boathouse with a surrounding dock. Mature tree cover.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 10/24/2022

Last Buyer's Agent

Jan Erchul

Ely Realty License #593436 Listed on: 10/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,929

Year Built

  • Built in 1950

Lot Details

  • 80 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • The lake is a source of water for the property
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0040-03650

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,929

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Irregular Lot Size: Yes
  • Lvt Date: 10/24/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0040-03650
  • Real Estate Tax: 6929.00
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1085
  • Bedroom 1: Size: 12 X 12
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Range
  • Basement: Crawl
  • Bedroom 2: Size: 8nX 10, On Level: Main
  • Dining Room: Size: 9 X 12, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 6 X 10, On Level: Main
  • Living Room: Size: 12 X 14, On Level: Main
  • Main Level Bedrooms: 3

Exterior Features

  • Exterior: Log
  • Roof: Shingle

Utilities

  • Utilities: Septic, Lake Water System

Lot Info

  • Lot Size: Dimensions: 2780x1470
  • Number Of Acres: 80
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Summer Bay Llc
Bought by
Pink Mountain Properties Llc

Purchase Details

Closed on
Feb 7, 2024
Sold by
Summer Bay Llc
Bought by
Summer Bay Llc

Purchase Details

Closed on
Apr 10, 2002
Sold by
Raymond Eunice M and Reed Eunice M
Bought by
Raymond Eunice M and Reed Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Pink Mountain Properties Llc $855,000 --
Summer Bay Llc $500 None Listed On Document
Summer Bay Llc $500 None Listed On Document
Raymond Eunice M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 For Sale $1,100,000 0.0% $1,014 / Sq Ft
07/15/2022 07/15/22 Sold $1,100,000 0.0% $1,014 / Sq Ft View Prior Sale
07/15/2022 07/15/22 Sold $1,100,000 0.0% $1,014 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $1,100,000 -- $1,014 / Sq Ft
Source: Range Association of 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
2024 $2,090 $267,100 $267,100 $0
2023 $2,090 $443,900 $443,900 $0
2022 $2,934 $376,700 $376,700 $0
2021 $3,074 $319,500 $319,500 $0
2020 $2,986 $319,500 $319,500 $0
2019 $3,042 $319,500 $319,500 $0
2018 $3,010 $331,300 $331,300 $0
2017 $3,080 $331,300 $331,300 $0
2016 $3,226 $331,300 $331,300 $0
2015 $3,237 $348,600 $348,600 $0
2014 $3,237 $348,600 $348,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Erchul

    Seller's Agent in 2022

    Janet Erchul

    Ely Realty

    (218) 365-2100

    64 Total Sales

    Janet Erchul
    Section Image
  • Jan Erchul

    Seller's Agent in 2022

    Jan Erchul

    Ely Realty

    (218) 349-0515

    53 Total Sales

    Jan Erchul
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 144397

Range Association of REALTORS®

APN: 465004001850

Minnesota St Louis County Ely 55731

2365 Reed Rd, Ely, MN

Not Listed for Sale

Detached

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