NOT LISTED FOR SALE

2568 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $68,511

7 Acres
$9,787 Price per Acre
304,920 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $69,900

Est. 2% decrease in value since last sale

Current estimated payment $418/month

4 Days on Market

About This Lot

As of May 2024

Discover approximately 7 acres of scenic land just a few miles northwest of Ely, situated off Grant McMahan Blvd, boasting around 600 feet of prime frontage along the Burntside River! This parcel offers approximately 6 acres of accessible land on one side of the river, with an additional acre across the water. Accessible via a driveway, the property features a delightful building site, accompanied by a well-kept 29-foot Nomad Camper from 2000, perfect for immediate enjoyment with the right offer. A convenient boardwalk leads from the elevated area to the river, facilitating easy access. The river allows for canoe navigation to Shagawa Lake, approximately 1.5 miles eastward. Furthermore, there's convenient public access to Burntside Lake just a couple of miles away. The landscape is adorned with majestic pines, alongside ample aspen, birch, and balsam fir.

Last Agent to Sell the Property

Liana Hway

z' Up North Realty License #40580388 Listed on: 05/01/2024

Last Buyer's Agent

Liana Hway

z' Up North Realty License #40580388 Listed on: 05/01/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $330

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 600 x 600
  • 618 Feet of Lake Waterfront
  • River Front
  • Irregular Lot

Property Details

Property Type

Land

Est. Annual Taxes

$330

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 05/01/2024
  • Real Estate Tax: 330.00
  • Type: Waterfront
  • Lot Size Length: 600
  • Lot Size Width: 600
  • Lake Frontage: 618
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Burntside River
  • Waterfront: 2 - River

Schools

  • School District: Ely

Lot Info

  • Number Of Acres: 7
  • Zoning: Res
  • Topography: High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 20, 2024
Sold by
Schilling Virginia L and Schilling John S
Bought by
Robak-Saari Mary K and Saari Thomas W
Seller's Agent
Liana Hway
z' Up North Realty
Buyer's Agent
Liana Hway
z' Up North Realty
List Price
$69,900
Sold Price
$69,900
Views
6
Current Estimated Value
$68,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,389
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
Dec 2, 2022
Sold by
Smith Bryan and Smith Janice
Bought by
Schilling Virginia L and Schilling John S

Purchase Details

Closed on
Sep 2, 2021
Sold by
Ledge Rock Land Development Inc
Bought by
Smith Bryan and Smith Janice

Purchase Details

Closed on
Jul 14, 2004
Sold by
Osborn James R and Osborn Priscilla M
Bought by
Ledge Rock Land Development Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robak-Saari Mary K $69,900 None Listed On Document
Schilling Virginia L $62,500 Northeast Title Company
Smith Bryan $52,000 Northeast Title Company
Ledge Rock Land Development Inc $30,000 Consolidated Title & Abstrac
Smith Bryan Bryan $52,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $69,900 0.0% --
05/05/2024 05/05/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $69,900 -- --
Source: Range Association of 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 $514 $43,500 $43,500 $0
2022 $330 $38,900 $38,900 $0
2021 $308 $32,100 $32,100 $0
2020 $300 $32,100 $32,100 $0
2019 $396 $32,100 $32,100 $0
2018 $392 $43,100 $43,100 $0
2017 $384 $43,100 $43,100 $0
2016 $382 $41,300 $41,300 $0
2015 $384 $41,300 $41,300 $0
2014 $384 $41,300 $41,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 146613

Range Association of REALTORS®

APN: 465004004107