NOT LISTED FOR SALE

2567 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $313,743 - $431,000

3 Beds
1.5 Baths
2,200 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $229,000 $104 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,033/month

25 Days on Market

Highlights

  • Private Waterfront
  • Heated Floors
  • Ranch Style House
  • Sauna
  • Wetlands Adjacent
  • Sun or Florida Room

About This Home

As of August 2020

Ideal 3 bedroom, 2 bath country home with Burntside River frontage. This one owner ranch style home is one of a kind. Located on a beautifully wooded +-5.6 acre lot with mature pine and birch trees along with river frontage gives you the country living at its best. The home features main level bedrooms, master bath, large living room, sun room with electric fireplace, eat in kitchen, main floor laundry hookup, and 3 season porch. The full basement features electric sauna with shower and changing room, workshop, tons of storage, additional laundry and a large cellar access door . 2-stall insulated detached garage with metal roof and electricity. Minutes from Burntside Lake public access.

Last Agent to Sell the Property

Catherine Braun

Wildwoods Land Company Listed on: 06/03/2020

Last Buyer's Agent

Janet Erchul

Ely Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1957

Lot Details

  • 5.66 Acre Lot
  • Lot Dimensions are 990 x 209 x 335
  • Private Waterfront
  • 125 Feet of Waterfront
  • River Front
  • Property fronts a highway
  • Wetlands Adjacent
  • Elevated Lot
  • Level Lot
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • Paneling
  • Electric Fireplace
  • Bay Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Utility Room
  • Sauna
  • Center Hall
  • Heated Floors

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Dug Well
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04105

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West out of Ely on HWY 169 to Grant McMahan Blvd to fire #
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 104.09
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • ShorelineCharacteristics: Undeveloped, Wetland, Shore-Vegetation
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 63N
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Sauna, Center Hall, Drywalls, Panelled Walls, Main Floor Laundry, 2nd Floor Laundry
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1800
  • Below Grade Finished Sq Ft: 400
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, In Floor, Hot Water, Oil, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: 3 Season Porch
  • TotalBedrooms: 3
  • Year Built: 1957
  • Level 1 Bedroom: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished, Walkout, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1280
  • Basement Style: Full
  • Bathroom Description: 1/2 Master, Full Main Floor, 1/4 Basement, Full Upper
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Sunrm/Solarium, Utility Room, Workshop, 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Sunroom/Solarium
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2200
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Highway
  • Waterfront Access: Private
  • Water Frontage In Feet: 125
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Metal
  • Window Features:Insulated Windows: Bay Window

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Electrical Service, Insulation, Slab
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Dug

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2020-06-04
  • Estimated Lot Dimensions: 990 x 209 x 335
  • Estimated Number of Acres: 5.66
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Landscaped, Tree Coverage - Medium, High, Level
  • Parcel Number: 465-0040-04105
  • Waterfront Type: River

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 7, 2020
Sold by
Mattila Joyce R and Mattila Darren
Bought by
Hornstein Stephen Ellis and Fleischman Deborah Lou
Seller's Agent
Catherine Braun
Wildwoods Land Company
Buyer's Agent
Janet Erchul
Ely Realty
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$340,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,444
Avg. Annual Appreciation
11.00%
Original Mortgage
$183,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2019
Sold by
Mattila Robert O
Bought by
Mattila Joyce R
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hornstein Stephen Ellis $229,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hornstein Stephen Ellis $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $229,000 0.0% $104 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $229,000 -- $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
2023 $2,022 $272,500 $42,300 $230,200
2022 $1,950 $238,600 $38,500 $200,100
2021 $1,764 $206,900 $32,700 $174,200
2020 $1,612 $180,300 $32,700 $147,600
2019 $1,534 $180,300 $32,700 $147,600
2018 $1,520 $178,200 $37,800 $140,400
2017 $1,362 $178,200 $37,800 $140,400
2016 $1,332 $163,400 $36,500 $126,900
2014 $1,338 $140,900 $31,500 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090564

APN: 465004004105