NOT LISTED FOR SALE

2576 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $187,000 - $259,000

3 Beds
1 Bath
3,000 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $125,000 $42 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,290/month

1 Day on Market

Highlights

  • Sauna
  • Recreation Room
  • Den
  • Panoramic View
  • Ranch Style House
  • Sitting Room

About This Home

As of November 2018

This 3-bedroom country home is located just ½+/- mile south of the Burntside River and just over 1 mile from beautiful Burntside Lake. The updated home sits on 3+/- nicely wooded acres complete with a 30' x 40' garage and separate sauna building. Updates include new furnace, hot water heater, well tank, 100-amp electrical, windows, plumbing, paint, flooring, remodeled bath, quality appliances and much more. The large screen porch, creek on property, and easy access to the lake make this a unique find. Located just 5+/- miles west of Ely. *SLLS*

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 09/10/2018

Last Buyer's Agent

John Forcier

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1953

Lot Details

  • 3 Acre Lot
  • Property fronts a county road
  • Elevated Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • Woodwork
  • Family Room
  • Sitting Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Washer Hookup
  • Utility Room
  • Sauna
  • Range
  • Panoramic Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 4 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Energy-Efficient Windows
  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04106

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely travel west on Hwy 169 for 2.8+/- miles. Turn right onto Grant McMahan Blvd. Travel 1.8+/- miles to the property on the right.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 41.67
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Natural Woodwork, Sauna, Washer Hook-Ups
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1800
  • Below Grade Finished Sq Ft: 1200
  • Garage Type: Detached
  • Heat: Boiler, Hot Water, Propane
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Second Floor
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, Enclosed Porch, Family/Rec, Pantry, Sitting/Parlor, Utility Room, Workshop
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Den/Office
  • Room 8: 3 Season Porch
  • Room 9: Rec Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 3000
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Other
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 4

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-09-11
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High
  • Parcel Number: 465-0040-04106

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Brant Circle Real Estate Inc
Bought by
Lenich John Russell
Current Estimated Value
$203,403

Purchase Details

Closed on
Dec 1, 2022
Sold by
Ely Investors Inc
Bought by
Brant Circle Real Estate Inc

Purchase Details

Closed on
Jun 1, 2022
Sold by
Wells Fargo Bank Na
Bought by
Given Not

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 8, 2018
Sold by
Moravitz Daniel J and Moravitz Anne M
Bought by
Damborg Robert A
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
John Forcier
Wildwoods Land Company
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$125,000
Interest Rate
4.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Lenich John Russell $169,500 Northeast Title
Lenich John Russell $169,500 Northeast Title
Brant Circle Real Estate Inc $500 None Listed On Document
Brant Circle Real Estate Inc $500 --
Given Not $117,770 Trott Law Pc
Damborg Robert A $125,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damborg Robert A $125,000
Previous Owner Moravitz Anne M $178,825
Previous Owner Moravitz Daniel J $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $125,000 0.0% $42 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $125,000 -- $42 / 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 $2,124 $177,900 $35,600 $142,300
2022 $1,616 $156,100 $32,500 $123,600
2021 $1,648 $135,400 $27,700 $107,700
2020 $70 $129,100 $27,700 $101,400
2019 $942 $129,100 $27,700 $101,400
2018 $1,458 $128,300 $30,400 $97,900
2017 $820 $128,000 $30,100 $97,900
2016 $798 $117,700 $29,100 $88,600
2015 $803 $91,100 $22,500 $68,600
2014 $803 $91,100 $22,500 $68,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Chernak

    Bear Island Realty LLC

  • J

    Buyer's Agent in 2018

    John Forcier

    Wildwoods Land Company

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6078498

APN: 465004004106

Minnesota St Louis County Ely 55731

2576 Grant McMahan Blvd, Ely, MN

This home is located at 2576 Grant McMahan Blvd, Ely, MN 55731 since 10 September 2018 and is currently estimated at $214,327, approximately $71 per square foot. This property was built in 1953. 2576 Grant McMahan Blvd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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