NOT LISTED FOR SALE

2577 Grant McMahan Blvd Ely, MN 55731

Ely Area

Estimated Value: $168,000 - $269,000

3 Beds
1 Bath
1,854 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2018

Last sale price $45,000 $24 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $1,321 / mo

89 Days on Market

Highlights

  • Guest House
  • Ranch Style House
  • Porch
  • Memorial High School Rated 9+
  • 2 Car Detached Garage
  • Living Room

About This Home

As of June 2018

Estate Auction: Twelve (12) investment properties offered in four packages to be sold at an On-line Auction. Package 3 consists of a Single Family Home with a guest cabin: MLS # 6033222 (2577 Grant McMahan). This property goes to the highest bidder in a Reserve Auction with a 10% Buyer’s Premium. Auction concludes at 5 PM on Weds, March 28th. Gross rent, when fully occupied, is approx.. $1,000/ Month. Buyer Inspections and other due diligence to be done prior to bidding (Tuesdays 3-6P and Saturdays 1-4P). Properties are being sold "As Is". Septic system inspections, replacement estimates, and escrow for replacement per St. Louis County Ordinance 61 are the responsibility of the winning bidder. SLC Septic Transfer Agreement will be signed by winning bidder at closing. Bidders and Agents must register before placing a bid. See the document section for related auctions and other auction details. Access the auction website at: bid.auctionmasters.com ***Washer, Dryer, Sauna Stove not included***

Last Agent to Sell the Property

Timothy Lillquist

Edina Realty, Inc. - Virginia Listed on: 02/23/2018

Edina Realty, Inc. - Virginia

Last Buyer's Agent

Timothy Lillquist

Edina Realty, Inc. - Virginia Listed on: 02/23/2018

Edina Realty, Inc. - Virginia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1920

Lot Details

  • 1.82 Acre Lot
  • Lot Dimensions are 200x400
  • Property fronts a county road

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,854 Sq Ft Home
  • Free Standing Fireplace
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Storage Shed
  • Porch

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04115

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1920

Lot Details

1.82 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 to Grant McMahan Blvd to FN.
  • L O1 Office Phone1 Number: 218-749-8222
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1854
  • Garage Type: Detached
  • Heat: Wood, Propane
  • Reso Roof: Asphalt Shingles
  • Room 10: Kitchen
  • Room 11: Dining Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1920
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Porch
  • Room 8: Bathroom
  • Room 9: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1854
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200x400
  • Estimated Number of Acres: 1.82
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0040-04115

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 1052

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

Closed on
May 10, 2019
Sold by
Bought by
Current Estimated Value
$217,343

Purchase Details

Listed on
Feb 23, 2018
Closed on
Jun 21, 2018
Sold by
Bought by
Seller's Agent
Timothy Lillquist
Edina Realty, Inc. - Virginia
Buyer's Agent
Timothy Lillquist
Edina Realty, Inc. - Virginia
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.46%

Purchase Details

Closed on
Oct 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
6.13%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$90,000 None Available
$450,000 Northeast Title Company
$95,000 Northeast Title Company
$92,000 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
Previous Owner $87,400
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
06/27/2018 06/27/18 Sold $45,000 0.0% $24 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $45,000 -- $24 / Sq Ft
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 $1,534 $149,300 $33,600 $115,700
2023 $1,530 $127,100 $31,000 $96,100
2022 $1,212 $112,200 $28,600 $83,600
2021 $1,218 $97,800 $25,000 $72,800
2020 $1,124 $93,600 $25,000 $68,600
2019 $1,122 $93,600 $25,000 $68,600
2018 $1,112 $96,400 $26,600 $69,800
2017 $1,038 $96,400 $26,600 $69,800
2016 $1,022 $88,800 $25,800 $63,000
2015 $1,026 $88,800 $25,800 $63,000
2014 $1,026 $88,800 $25,800 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Timothy Lillquist

    Seller's Agent in 2018

    Timothy Lillquist

    Edina Realty, Inc. - Virginia

    (612) 834-5769

    20 Total Sales

    Timothy Lillquist
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6033222

APN: 465004004115

Minnesota St Louis County Ely 55731

2577 Grant McMahan Blvd, Ely, MN

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2026 – Multiple Listing Service, Inc. – All Rights Reserved.


Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.