NOT LISTED FOR SALE

2369 Low Creek Rd Ely, MN 55731

Estimated Value: $311,000 - $469,000

1 Bed
1 Bath
800 Sq Ft
$453/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $295,000 $369 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,138/month

193 Days on Market

Highlights

  • 385 Feet of Waterfront
  • Home fronts a creek
  • No HOA
  • Memorial High School Rated 9+
  • 1 Fireplace
  • Walk-In Pantry

About This Home

As of October 2023

Country seclusion! This quality built home is on a 5 acre lot with 385 ft of frontage on the Longstorff Creek/Stream. Quality built with oak flooring in living room, kitchen, and pantry, knotty Pine paneling, and custom kitchen cabinets. The main level features an open floor plan, a three season heated sunroom with vinyl shades, natural sunlight and a very comfortable living area, there is full bath with linoleum flooring and one main level bedroom with berber carpeting. There is access to a newly constructed wrap around Trek's composite deck. There is a "Jotul" propane heater and duel fuel (Electric and Propane) With a 2 year old forced air propane heating system. The lower level has been framed in for a bedroom/bathroom/family room/laundry room and office. There is a 2 car detached garage with a black top driveway. Mature trees (whispering pines)and perennial flowers, walking trails with access to downtown Ely. New stove and refrigerator. Motivated Seller!

Last Agent to Sell the Property

gary - kalligher, -

RE/MAX Results Duluth Listed on: 03/20/2023

RE/MAX Results Duluth

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 2005

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 550x385
  • Home fronts a creek
  • 385 Feet of Waterfront

Parking

  • 2 Car Garage

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Walk-In Pantry
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Private Water Source

Community Details

  • No Home Owners Association
  • Longstorff Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 465012600110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 800
  • Water Body Name: Unnamed Lake
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete, Unfinished
  • Appliances: Range, Refrigerator
  • Living Area: 800
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Pantry (Walk-In), Four Season Porch
  • SqFtTotal: 800.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking
  • Lake Acres: 0
  • LakeChain: N
  • Waterfront Frontage: 385

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Baseboard, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Electric,Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ely
  • SchoolDistrictNumber: 696
  • SchoolDistrictPhone: 218-365-6166

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 550x385
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 465012600110
  • Tax Annual Amount: 85
  • TaxWithAssessments: 85.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Oct 2, 2023
Sold by
Smith Bruce E
Bought by
Tevelde Henry and Hovland-Tevelde Elaine
Seller's Agent
gary - kalligher, -
RE/MAX Results Duluth
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Views
557
Current Estimated Value
$362,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,423
Avg. Annual Appreciation
10.67%
Original Mortgage
$135,000
Outstanding Balance
$132,345
Interest Rate
7.12%
Mortgage Type
Construction
Estimated Equity
$230,078

Purchase Details

Listed on
Sep 16, 2019
Closed on
Apr 3, 2020
Sold by
Stevens Ralph T and Miller Patricia A
Bought by
Smith Bruce E
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Gary Kalligher
RE/MAX Results
List Price
$233,000
Sold Price
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$233,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2004
Sold by
Longstorff Creek Development Llc
Bought by
Stevens Ralph T and Miller Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2003
Sold by
Passananti Stanley W and Passananti Joyce A
Bought by
Longstorff Creek Development Llc
Source: Public Records

Range of Values:

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Average Value
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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
Tevelde Henry $295,000 Northeast Title Company
Smith Bruce E $233,000 Northeast Title Company
Stevens Ralph T $50,000 Northeast Title Company
Longstorff Creek Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tevelde Henry $135,000
Previous Owner Smith Bruce E $233,000
Previous Owner Stevens Ralph T $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2023 10/02/23 Sold $295,000 -1.3% $369 / Sq Ft
08/03/2023 08/03/23 Price Changed $299,000 -2.0% $374 / Sq Ft
07/26/2023 07/26/23 Price Changed $305,000 -1.1% $381 / Sq Ft
07/24/2023 07/24/23 Price Changed $308,500 -0.8% $386 / Sq Ft
07/17/2023 07/17/23 Price Changed $311,000 -0.8% $389 / Sq Ft
07/13/2023 07/13/23 Price Changed $313,500 -1.4% $392 / Sq Ft
07/05/2023 07/05/23 Price Changed $317,900 -0.6% $397 / Sq Ft
06/24/2023 06/24/23 Price Changed $319,900 -3.1% $400 / Sq Ft
05/08/2023 05/08/23 Price Changed $330,000 -5.0% $413 / Sq Ft
04/24/2023 04/24/23 Price Changed $347,500 -0.7% $434 / Sq Ft
03/22/2023 03/22/23 For Sale $350,000 +50.2% $438 / Sq Ft
04/03/2020 04/03/20 Sold $233,000 0.0% $291 / Sq Ft View Prior Sale
02/17/2020 02/17/20 Pending -- -- --
09/16/2019 09/16/19 For Sale $233,000 -- $291 / Sq Ft
Source: NorthstarMLS

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 $2,594 $203,000 $54,400 $148,600
2022 $85 $182,700 $52,200 $130,500
2021 $85 $167,000 $48,200 $118,800
2020 $1,152 $142,400 $48,200 $94,200
2019 $964 $142,400 $48,200 $94,200
2018 $954 $130,000 $42,100 $87,900
2017 $1,376 $130,000 $42,100 $87,900
2016 $1,334 $124,000 $44,500 $79,500
2015 $1,219 $124,000 $44,500 $79,500
2014 $1,219 $112,600 $44,500 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6345438

NorthstarMLS

APN: 465012600110