$150,000
SOLD JAN 3, 2025

2510 Leo Ln Ely, MN 55731

1 Bed
-- Bath
960 Sq Ft
1.5 Acres

Recently Sold

$156 Per Sq Ft

21% Below List Price

104 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Living Room
  • Lake View
  • No HOA
  • Combination Kitchen and Dining Room

About This Home

As of January 2025

Expansive BWCA views from this 2 story cabin overlooking Moose Lake. The main level of the cabin is framed in for a kitchen, dining room, living room and a future bathroom. The second level has a large bedroom with 2 elevated decks for wildlife viewing and amazing Northern Lights shows. In addition to being less than 1/4 mile from the BWCA, this property also adjoins thousands of acres of state/federal land to west. Year round road access on a quite dead end road with power and approved for septic. There is a road that leads down to the +-234' of shoreline where a dock could be installed for small boat or canoe access out to Moose Lake. With a little finish work and vision this could be your up north get a way cabin to be enjoyed year round.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 07/23/2024

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company Listed on: 07/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 2006 | Under Construction

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 250 x 235
  • Private Waterfront
  • 234 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Bedroom
  • 960 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Range

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • No Heating
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-6451-31120 & 31110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 2006 | Under Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East from Ely on Highway #169 to Canadian Border Road. Follow to Leo lane.
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Association
  • ShorelineCharacteristics: Muck, Undeveloped, Shore-Vegetation
  • Property Sub-Type: Seasonal
  • Tax Year: 2024
  • Twp Number: 64N
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Garage Type: None
  • Heat: None
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 2006
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • RoomLevel4: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Stories: 2 Story
  • Total Fin Square Footage: 960
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 234
  • Waterfront Name: Moose
  • Construction Status: Under Construction
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 250 x 235
  • Estimated Number of Acres: 1.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: BWCA Area
  • Parcel Number: 28-6451-31120 & 31110
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1109

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $150,000 -5.7% $156 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $159,000 -5.9% $166 / Sq Ft
08/13/2024 08/13/24 Price Changed $169,000 -10.6% $176 / Sq Ft
07/23/2024 07/23/24 For Sale $189,000 +186.4% $197 / Sq Ft
10/07/2013 10/07/13 Sold $66,000 0.0% $69 / Sq Ft View Prior Sale
10/07/2013 10/07/13 Sold $66,000 -33.7% $69 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
08/20/2013 08/20/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $99,500 -- $104 / 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
2025 $382 $60,200 $60,200 $0
2024 $79 $60,200 $60,200 $0
2023 $87 $19,100 $19,100 $0
2022 $157 $19,100 $19,100 $0
2021 $160 $18,400 $18,400 $0
2020 $190 $18,400 $18,400 $0
2019 $54 $58,800 $21,700 $37,100
2018 $520 $58,800 $21,700 $37,100
2017 $507 $55,700 $21,700 $34,000
2016 $576 $55,500 $24,800 $30,700
2015 $574 $63,400 $28,200 $35,200
2014 $574 $0 $0 $0
2013 $125 $0 $0 $0
2012 $44 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    149 Total Sales

    Chris Eilrich
    Section Image

  • M

    Seller's Agent in 2013

    Mark Larson

    Wildwoods Land Company

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115089

APN: 28-6451-31110

Minnesota Lake County Ely 55731

2510 Leo Ln, Ely, MN

Sold

Detached

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