NOT LISTED FOR SALE

2510 Smolen Ln Ely, MN 55731

Estimated Value: $370,000 - $391,000

3 Beds
2 Baths
1,692 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $345,000 $204 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,173/month

111 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Main Floor Primary Bedroom
  • Memorial High School Rated 9+
  • Recreation Room
  • No HOA

About This Home

As of November 2024

Lovely 3 bedroom, 2 bath, cedar sided, year around country home on 3.45 acres just a few miles NW of Ely on a private road off Grant McMahan Blvd. Gorgeous parcel with many huge pine trees, and a very scenic yard around the house. This well cared for one owner home is a split-level home that features a large living room, nice dining area, and the kitchen on the main floor all with nice views of the acreage. Lots of counter space, dishwasher, and high-end cabinets in the kitchen! Main level also has 2 large bedrooms and a full bath. Vaulted ceilings throughout the main level! The lower level has a large family room with lots of windows and a walkout door to the yard, a 3rd large bedroom, a 3/4 bath, and a large utility/laundry room, plus a storage room. There is a spacious 26x40 two stall detached garage, plus a large storage building that has another stall, and a wood shed. Propane hot water heat, and a backup wood system with its own chimney. Large deck overlooking the yard. This very pleasant and comfortable home is just 6 minutes from Ely on good roads, has great privacy, and is on a very scenic parcel of land!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 06/25/2024

Co-Listed By

Zachary Hway

Bear Island Realty LLC

Last Buyer's Agent

Beth Ohlhauser

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 1978

Lot Details

  • 3.45 Acre Lot
  • Lot Dimensions are 560 x 305
  • Property fronts a private road
  • Landscaped with Trees

Home Design

  • Split Foyer
  • Bi-Level Home
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Double Pane Windows
  • Vinyl Clad Windows
  • Entryway
  • Combination Dining and Living Room
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room
  • Panoramic Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04220

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 169 west to Grant McMahan Blvd. Turn right and follow to Smolen Lane, Turn right and follow to the property.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 63
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1040
  • Below Grade Finished Sq Ft: 652
  • Garage Type: Detached
  • Heat: Hot Water, Wood, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Landing
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Primary Bedroom
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Laundry Room
  • Room 9: Storage Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1692
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 30 x 24

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 560 x 305
  • Estimated Number of Acres: 3.45
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 465-0040-04220

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2131

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Nov 4, 2024
Sold by
Thunhorst Dianne C
Bought by
Etheridge Justin and Etheridge Patricia
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Beth Ohlhauser
Bear Island Realty LLC
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Views
16
Current Estimated Value
$379,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,861
Avg. Annual Appreciation
8.81%
Original Mortgage
$323,000
Outstanding Balance
$319,862
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$59,999
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
Etheridge Justin $345,000 Northeast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etheridge Justin $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $345,000 -9.0% $204 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $379,000 -5.0% $224 / Sq Ft
06/25/2024 06/25/24 For Sale $399,000 -- $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 $2,266 $230,700 $44,700 $186,000
2023 $2,266 $228,100 $40,900 $187,200
2022 $2,216 $200,300 $37,500 $162,800
2021 $85 $173,900 $32,300 $141,600
2020 $70 $165,700 $32,300 $133,400
2019 $60 $165,700 $32,300 $133,400
2018 $1,290 $158,700 $38,700 $120,000
2017 $1,156 $158,600 $38,600 $120,000
2016 $1,128 $146,000 $37,400 $108,600
2015 $1,134 $121,900 $31,200 $90,700
2014 $1,134 $121,900 $31,200 $90,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2024

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    160 Total Sales

    Jeff Hway
    Section Image

  • Z

    Seller Co-Listing Agent in 2024

    Zachary Hway

    Bear Island Realty LLC

    (651) 341-0383

    68 Total Sales

    Zachary Hway
    Section Image

  • B

    Buyer's Agent in 2024

    Beth Ohlhauser

    Bear Island Realty LLC

    (218) 235-1676

    19 Total Sales

    Beth Ohlhauser
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114543

APN: 465004004220

Minnesota St Louis County Ely 55731

2510 Smolen Ln, Ely, MN

Not Listed for Sale

Detached

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