NOT LISTED FOR SALE

2601 Purvis Lake Management Rd Ely, MN 55731

Estimated Value: $286,000 - $442,000

2 Beds
-- Bath
500 Sq Ft
$666/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2024

Last sale price $299,000 $598 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,908 / mo

5 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Panoramic View
  • No HOA
  • Memorial High School Rated 9+
  • 120 Acre Lot
  • Porch

About This Home

As of July 2024

Spectacular 120 acres of diverse property in the heart of the Prospector ATV & Tomahawk Snowmobile trails. There are extensive private trails throughout the acreage; perfect for hunting, recreating, walking, foraging Blueberries & June berries. There are 2 enclosed deer stands and 2 open on the property. The land features a gravel pit and seasonal ponds; a beaver pond with a beautiful rock ridge & trail to stream, this pond flows to the Beaver River. A rustic cabin, with seasonal road access, built in 2018 with many custom details. Thoughtfully situated on a high ridge with breathtaking views of a rock & majestic pine on a near ridge and panaramic long views to the south. The living room, kitchen, and dining are combined and open to vaulted custom milled wood for both "hit or miss" rough sawn ceilings and walls. Well insulated including 5" in floors, 100 amp wired for generator use, free standing wood stove heat with custom stone surround behind it. The kitchen features custom cabinets, double gas lantern, and 4 burner oven/range. The 2 bedrooms have the same quality wood ceilings, and walls, 7" insulated floors, pocket doors, and custom shelving. Exterior features are: Porch with cedar posts and insulated ceiling above in the event someone wants to enclose the porch as an add on. Wood siding, exterior lights, rebar drilled into ledgerock for the footings the cabin is anchored to. Other features include: permitted outhouse with holding tank that may be pumped, wood shed, generator shed & generator, and picnic table. So many trails, some drivable with a vehicle others with ATV, Side by Side, or Snowmobile. Abundant wildlife: deer, moose, bear, grouse, wolves etc... 9 Miles from town by the trail system, surrounded by thousands of acres of public land.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 06/13/2024

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC Listed on: 06/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 120 Acre Lot
  • Lot Dimensions are 1320 x 3960

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 500 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room
  • Dining Room
  • Open Floorplan
  • Panoramic Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Outdoor Features

  • Outhouse
  • Porch

Utilities

  • Heating System Uses Wood
  • Sand Point Well

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 465-0030-04070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 2018 | Newly Remodeled

Lot Details

120 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 169 South to Bear Head State Park Rd. Follow past the Lake Four rd to sign at Purvis Management Rd; take a left onto it and follow for +/-6 miles. ATV & Snowmobile Trails will cross the rd and/or parallel it. Stay on the rd. Follow to gate.
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: Seasonal
  • Tax Year: 2024
  • Twp Number: 62N
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 500
  • Garage Type: None
  • Heat: Fireplace, Wood
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 2018
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Rustic Cabin
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove
  • Basement Material: N/A
  • Basement Style: Crawl Space, None
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Porch
  • Total Fin Square Footage: 500
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Completed New Construction
  • Exterior: Wood

Utilities

  • Power Company: None
  • Sewer: Outhouse
  • Water: Sand Point

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1320 x 3960
  • Estimated Number of Acres: 120
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Parcel Number: 465-0030-04070

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 15, 2024
Sold by
Thompson Steven Roger and Manahan-Thompson Barbara Jean
Bought by
Sherry B Lauterbach Trust
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$299,000
Sold Price
$299,000
Views
4
Current Estimated Value
$332,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,758
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Nov 9, 2017
Sold by
Kainz Bruce R and Kainz Elva Lois
Bought by
Thompson Steven Roger and Manahan Thompson Barbara Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sherry B Lauterbach Trust $299,000 Northeast Title
Thompson Steven Roger $75,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $299,000 0.0% $598 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $299,000 -- $598 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $1,388 $158,600 $118,500 $40,100
2023 $1,388 $152,200 $112,900 $39,300
2022 $1,252 $152,200 $112,900 $39,300
2021 $1,316 $126,800 $92,500 $34,300
2020 $1,208 $126,800 $92,500 $34,300
2019 $968 $121,600 $92,500 $29,100
2018 $1,264 $105,400 $105,400 $0
2017 $1,240 $139,200 $139,200 $0
2016 $1,234 $133,300 $133,300 $0
2015 $1,238 $133,300 $133,300 $0
2014 $1,238 $133,300 $133,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114305

APN: 465003004070

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