NOT LISTED FOR SALE

2519 Bear Island River Rd Ely, MN 55731

Ely Area

Estimated Value: $36,835

5.57 Acres
$6,613 Price per Acre
242,629 Sq Ft Lot

Sale Details

Date Sold: December 20, 2024

Last sale price $35,000

Est. 5% increase in value since last sale

Current estimated payment $226 / mo

328 Days on Market

Highlights

  • No HOA
  • Views
  • Elevated Lot
  • Memorial High School Rated 9+
  • Property is near a preserve or public land
  • Satellite Dish

About This Lot

As of December 2024

WOW! Winter Wonderland in the Woods AND Your All season Launch Point to Volumes of Lakes, Trails and countless acres of the Northland Playgrounds! This 5.57 acre parcel is loaded with huge Red Pines, Birch, and other trees of the boreal forest. It is partially improved with a building pad, power is close by, internet from fiber at Bear Island River Road or from the sky so you can desk jockey from the woods, and it is located only 15 mins from Ely and 18 mins from Babbitt. You will be perfectly positioned to build your tiny home, magnificent log home or park your RV on this beautiful parcel located in an unorganized plat. Oh - lets not forget it borders 55.75 acres of Federal Land with 1850 feet of shore line on Bear Island lake directly to the west AND 40 acres of State of MN Land to the North. Don't miss out on this one...

Last Agent to Sell the Property

Jim Burke

Keller Williams Classic Realty NW Listed on: 01/12/2024

Keller Williams Classic Realty NW

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $298

Lot Details

  • 5.57 Acre Lot
  • Lot Dimensions are 633' x 478' x 982' x 300'
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Irregular Lot
  • Many Trees

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Well
  • Private or Community Septic Tank
  • Fiber Optics Available
  • Satellite Dish

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Property Details

Property Type

Land

Est. Annual Taxes

$298

Lot Details

5.57 Acres

Listing Details

  • Estimated Wooded Acres: 5
  • Class: LOT/LAND
  • Directions: From Ely - (Directions from Google Maps) South on Central Ave/Highway 21 approx 6.6 miles, turn right onto Bear Island River Road and go 3.6 miles to the fire number of 2519- on the right side of the road.
  • InternetOptions: Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 763-463-7500
  • Renewal Options: Sell Entirely
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Mixed Use
  • Tax Year: 2023
  • Twp Number: 61
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

  • Available Utilities: Electric, Private Septic, Private Well
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 633' x 478' x 982' x 300'
  • Estimated Number of Acres: 5.57
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: Yes
  • Lot Description: Irregular Lot, Low Land, Tree Coverage - Heavy, High, Level, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 298

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Dec 17, 2024
Sold by
Hruby Jacob and Hruby Joanna M
Bought by
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$62,500
Sold Price
$35,000
Premium/Discount to List
-$27,500
-44%
Views
96
Current Estimated Value
$36,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,835
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Aug 8, 2020
Sold by
Shaleen Robert G
Bought by
Hurby Jacob and Hurby Joanne M
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,000 Northeast Title
Hurby Jacob $35,000 Northeast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $35,000 -30.0% --
12/05/2024 12/05/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $50,000 -9.1% --
05/30/2024 05/30/24 Price Changed $55,000 -6.8% --
05/11/2024 05/11/24 Price Changed $59,000 -5.6% --
01/12/2024 01/12/24 For Sale $62,500 -- --
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $364 $39,600 $39,600 $0
2023 $350 $34,900 $34,900 $0
2022 $302 $31,800 $31,800 $0
2021 $288 $26,300 $26,300 $0
2020 $282 $26,300 $26,300 $0
2019 $308 $26,300 $26,300 $0
2018 $306 $29,400 $29,400 $0
2017 $402 $29,400 $29,400 $0
2016 $404 $38,000 $38,000 $0
2015 $389 $38,000 $38,000 $0
2014 $389 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

  • JB

    Seller's Agent in 2024

    Jim Burke

    Keller Williams Classic Realty NW

    Section Image

  • NN

    Buyer's Agent in 2024

    Nonmember NONMEMBER

    Nonmember Office

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111940

APN: 625001001383

Minnesota St Louis County Ely 55731

2519 Bear Island River Rd, Ely, MN

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