NOT LISTED FOR SALE

2371 Gold Mine Rd Ely, MN 55731

Estimated Value: $171,000 - $496,000

1 Bed
-- Bath
384 Sq Ft
$699/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $90,500 $236 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,526/month

71 Days on Market

Highlights

  • Spa
  • Panoramic View
  • Property is near a preserve or public land
  • Memorial High School Rated 9+
  • 29.13 Acre Lot
  • Dining Room

About This Home

As of January 2020

Woods, Wilderness, and Wildlife. Enjoy what nature has to offer in the tranquility and peacefulness of this 1 BR Rustic Cabin tucked in on 30+ acres! 100's of acres of State land abutting to the North and West of this property, you'll the options it affords! Main level has a galley styled kitchen with hickory cabinets and gas stove, dining area that overlooks the woods, and large cedar lined wood fired sauna. Loft bedroom finished in knotty pine with a closet and sitting room. Front screened porch to enjoy the outside without those pesky bugs. Shed and outhouse round it out. BUT - electricity is in the cabin, rustic yet not roughing it completely! Located mins from Ely - you have quick access to the BWCA, lakes, shopping, restaurants, and nightlife, and close enough to Tower and Lake Vermilion for golf and gambling. And lets not forget hunting and snowmobiling and 4 Wheeling - have I missed anything ? Oh yes - come see this one now !!

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 09/05/2019

Last Buyer's Agent

Sara Powell

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 1999

Lot Details

  • 29.13 Acre Lot
  • Lot Dimensions are 338x1622.31

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Metal Siding

Interior Spaces

  • 1 Bedroom
  • 384 Sq Ft Home
  • Multi-Level Property
  • Dining Room
  • Panoramic Views

Pool

  • Spa

Utilities

  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04045

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 south of Ely to 88 (Grant McMahon) to Gold Mine - go east (Right) to fire number
  • L O1 Office Phone1 Number: 218-827-2288
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Panoramic, Typical
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 384
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1999
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Spa/Sauna
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 384
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal

Utilities

  • Power Company: Lake Country Power
  • Sewer: None
  • Water: None

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 338x1622.31
  • Estimated Number of Acres: 29.13
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0040-04045

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Stephanie Powell
Bought by
Larson Todd
Current Estimated Value
$268,259

Purchase Details

Listed on
Sep 5, 2019
Closed on
Jan 6, 2020
Sold by
Chinander Martin D and Chinander Dawn M
Bought by
Powell Stephanie and Larson Todd
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Sara Powell
Z' Up North Realty
List Price
$90,500
Sold Price
$90,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Original Mortgage
$72,400
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 5, 2019
Closed on
Dec 31, 2019
Sold by
Chowen Stott Nicole M and Stott Mathew
Bought by
Chinander Martin D and Chinander Dawn M
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Sara Powell
Z' Up North Realty
List Price
$90,500
Sold Price
$90,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2017
Sold by
Scott Nicole M Chowen and Scott Mathew
Bought by
Chinander Martin D and Chinander Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 1, 2002
Sold by
Larson Mark J and Larson Mary P
Bought by
Chowen Nicole M and Hartwig Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larson Todd $500 Defenbaugh Law Office
Powell Stephanie $90,500 Northeast Title Company
Chinander Martin D $125,000 None Available
Chinander Martin D $125,000 None Available
Chowen Nicole M $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Stephanie $72,400
Previous Owner Chinander Martin D $122,500
Previous Owner Chowen Nicole M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $90,500 0.0% $236 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $90,500 -- $236 / Sq Ft
Source: Lake Superior Area 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 $1,438 $151,400 $108,300 $43,100
2023 $1,438 $137,300 $97,300 $40,000
2022 $1,174 $121,900 $87,100 $34,800
2021 $594 $102,300 $72,000 $30,300
2020 $546 $100,500 $72,000 $28,500
2019 $426 $100,500 $72,000 $28,500
2018 $422 $84,000 $65,000 $19,000
2017 $896 $84,100 $65,100 $19,000
2016 $386 $79,500 $62,300 $17,200
2015 $388 $56,900 $46,600 $10,300
2014 $388 $56,900 $46,600 $10,300
Source: Public Records

Agents Affiliated with this Home

  • Andrea Zupancich

    Seller's Agent in 2020

    Andrea Zupancich

    Z' Up North Realty

    (218) 749-0159

    445 Total Sales

    Andrea Zupancich
    Section Image

  • S

    Buyer's Agent in 2020

    Sara Powell

    Z' Up North Realty

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086124

APN: 465004004045

Minnesota St Louis County Ely 55731

2371 Gold Mine Rd, Ely, MN

Not Listed for Sale

Detached

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