NOT LISTED FOR SALE

2531 Leo Ln Ely, MN 55731

Estimated Value: $702,000 - $1,191,000

3 Beds
3.5 Baths
3,173 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $510,000 $161 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,836/month

9 Days on Market

Highlights

  • 163 Feet of Waterfront
  • Beach Access
  • Vaulted Ceiling
  • Docks
  • Deck
  • Log Cabin

About This Home

As of June 2012

This home is located at 2531 Leo Ln, Ely, MN 55731 since 21 May 2012 and is currently estimated at $1,005,084, approximately $316 per square foot. This property was built in 1999. 2531 Leo Ln is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Last Agent to Sell the Property

Phil Hyde

Bear Island Land Co., Inc Listed on: 05/21/2012

Last Buyer's Agent

Wesley Crawford

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • 1.1 Acre Lot
  • 163 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Formal Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Dual Heating Fuel
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6451-31040

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Patio, Porch
  • Estimated Number of Acres: 1.1
  • Construction: Previously Owned
  • Parcel Number: 28-6451-31040
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Breakfast Bar, Formal Dining Room
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 22'x20', On Level: Main
  • Room 2: Dining Room, 11'x12', On Level: Main
  • Room 3: Kitchen, 10'x13', On Level: Main
  • Room 4: Rec Room, 21'x29', On Level: Basement
  • Room 5: Master Bedroom, 12'x15', On Level: Second Floor
  • Room 6: Bedroom, 12'x12', On Level: Second Floor
  • Room 7: 11'x12', On Level: Second Floor
  • Room 8: 3 Season Porch, 9'x19', On Level: Main
  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2563
  • Below Grade Finished Sq Ft: 610
  • Total Fin Square Footage: 3173
  • Total Square Footage: 3173

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Moose
  • Construction Type: Log Home
  • Exterior: Log
  • Out Buildings: Storage Shed
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 163
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric
  • Heat: Dual Fuel/Off Peak
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium

Range of Values:

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Value Increase
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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 History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $510,000 -7.1% $161 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $549,000 -- $173 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,404 $948,800 $220,900 $727,900
2024 $4,076 $948,900 $220,900 $728,000
2023 $3,580 $896,400 $161,900 $734,500
2022 $5,221 $733,400 $161,900 $571,500
2021 $4,738 $546,900 $155,200 $391,700
2020 $5,342 $425,000 $189,400 $235,600
2019 $451 $425,000 $189,400 $235,600
2018 $4,681 $440,200 $172,800 $267,400
2017 $4,067 $451,600 $181,100 $270,500
2016 $4,053 $400,800 $172,800 $228,000
2015 $4,078 $400,800 $172,800 $228,000
2014 $4,078 $0 $0 $0
2013 $3,910 $0 $0 $0
2012 $4,546 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Phil Hyde

    Bear Island Land Co., Inc

  • W

    Buyer's Agent in 2012

    Wesley Crawford

    Wildwoods Land Company

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4246748

REALTOR® Association of Southern Minnesota

APN: 28-6451-31040

Minnesota Lake County Ely 55731

2531 Leo Ln, Ely, MN

Not Listed for Sale

Detached

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