NOT LISTED FOR SALE

2631 Grant McMahan Blvd Ely, MN 55731

Estimated Value: $406,851 - $545,000

2 Beds
1 Bath
1,540 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $370,000 $240 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,605/month

49 Days on Market

Highlights

  • Spa
  • Sauna
  • Heated Floors
  • Memorial High School Rated 9+
  • Panoramic View
  • Ranch Style House

About This Home

As of September 2023

Fine Country Home minutes from Ely and ideally located between Burntside Lake and Shagawa Lake. This home features an open concept that is bright and sunny bringing the outside in with a backdrop of ledge rock outcroppings, mature pine, and adjoins State Land to the west. Exquisite updates have been done: attached 2 car garage with heated exercise room, new siding, beautiful landscaping with perennial gardens, fenced garden area, and outdoor rock patio. Inside a beautiful propane rock fireplace, tile floors, quartz counter tops in kitchen and bath, new walk-in tiled shower, heated 4 season porch, electric sauna, newer appliances and window blinds including kitchen blind on remote control. Electric in floor heat & hot water heater. Storage Shed with wood floor. Great place to call home or your home away from home.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 05/11/2023

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 2007

Lot Details

  • 2.51 Acre Lot
  • Lot Dimensions are 200x500
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 1,540 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room
  • Sauna
  • Panoramic Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Storage Shed
  • Rain Gutters

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Water Filtration System
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0040-05767

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely travel West on Hwy 169 to Grant McMahan Blvd. Turn right and follow to Fire #2631 on the left.
  • L O1 Office Phone1 Number: 763-463-7500
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Attached
  • Tax Year: 2023
  • Twp Number: 63
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Ada Features: No Stairs External, No Stairs Internal
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Sauna, Tiled Floors, Drywalls, Foyer Entry, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Patio, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1540
  • Garage Type: Attached
  • Heat: Boiler, Fireplace, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Pantry
  • Room 11: Other
  • Bedroom 3: Foyer
  • TotalBedrooms: 2
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Mud Room, Pantry, Spa/Sauna, Utility Room, 4 Season Porch, Foyer
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Utility Room
  • Room 7: Spa/Sauna
  • Room 8: Bathroom
  • Room 9: 4 Season Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1540
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

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

Utilities

  • Power Company: Lake Country Power
  • Sewer: Mound
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200x500
  • Estimated Number of Acres: 2.51
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium, Underground Utilities, High, Level
  • Parcel Number: 465-0040-05767

Tax Info

  • Tax Amount: 1905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Aug 30, 2023
Sold by
Bates Dale L and Bates Maxine G
Bought by
Stevens Shane A and Stevens Traci L
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$458,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,463
Avg. Annual Appreciation
9.55%
Original Mortgage
$248,000
Outstanding Balance
$154,911
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$303,552

Purchase Details

Closed on
May 28, 2015
Sold by
Not Provided Nathan E
Bought by
Bates Dale L and Bates Maxine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Bloyer Michael D and Swaney Michele A
Bought by
Bloyer Michael D

Purchase Details

Closed on
Jun 1, 2007
Sold by
Dreawves Michael C and Dreawves Deborah D
Bought by
Bloyer Michael D and Swaney Michele A
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Stevens Shane A $370,000 Northeast Title Company
Bates Dale L $124,900 Northeast Title Company
Bloyer Michael D -- None Available
Bloyer Michael D $36,900 Canoe Country
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Shane A $248,000
Previous Owner Bates Dale L $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $370,000 0.0% $240 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $370,000 -- $240 / 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
2024 $2,536 $328,800 $42,700 $286,100
2023 $2,536 $261,400 $34,600 $226,800
2022 $1,856 $229,000 $31,800 $197,200
2021 $1,882 $199,200 $27,700 $171,500
2020 $1,722 $189,400 $27,700 $161,700
2019 $1,228 $189,400 $27,700 $161,700
2018 $1,688 $152,300 $28,300 $124,000
2017 $1,554 $152,200 $28,200 $124,000
2016 $1,308 $139,600 $27,400 $112,200
2015 $1,328 $121,700 $27,400 $94,300
2014 $1,258 $116,000 $27,400 $88,600
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2023

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image
  • Anna Yahnke

    Buyer's Agent in 2023

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    177 Total Sales

    Anna Yahnke
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108007

APN: 465004005767

Minnesota St Louis County Ely 55731

2631 Grant McMahan Blvd, Ely, MN

Not Listed for Sale

Detached

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