NOT LISTED FOR SALE

2688 Bear Island River Rd Ely, MN 55731

Estimated Value: $85,000 - $172,000

3 Beds
3 Baths
1,260 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2024

Last sale price $84,000 $67 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $674 / mo

20 Days on Market

Highlights

  • RV Access or Parking
  • Panoramic View
  • Recreation Room
  • Memorial High School Rated 9+
  • Deck
  • Corner Lot

About This Home

As of December 2024

Affordable Country living within a mile of the Bear Island Lake access landing. Beautiful setting with a compliant septic system, lake setting and no lakeshore taxes. Well-kept home on a nice corner lot. 3 Bedroom, 1 and a 1/2 bath with spacious additions. Dual decks on either side of the home with a 13 x 16 rec room that allows for extra living space. A 24 x 30 insulated garage with work area is nice in all seasons. An affordable Ely getaway with toy storage the year round.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC License #MN 20587769 Listed on: 11/16/2024

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $550

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 160 x 314 x 119 x 279
  • Property fronts a county road
  • Elevated Lot
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Living Room
  • Dining Room
  • Recreation Room
  • Panoramic Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Rain Gutters

Mobile Home

  • Single Wide

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00310

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$550

Year Built

Built in 1974

Lot Details

1 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: South of Ely on Highway 21 approximately 6 miles to right on Bear Island River Road, 4.5 miles to 2688 bear Island River Road on the left.
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 218-365-8689
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Panoramic, Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Panelled Walls
  • Amenities Exterior: Deck, Gutter/Downspout
  • Half Bathrooms: 1
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Mobile (Pre-6/1976)
  • FinFootageAboveGrade: 1260
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Single Wide
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Primary Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1260
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Metal

Garage/Parking

  • Parking Driveway: Off Street, RV Parking, Driveway - Asphalt
  • Garage Features: Electrical Service, Insulation
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 30

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 160 x 314 x 119 x 279
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Irregular Lot, Landscaped, Tree Coverage - Medium, High
  • Parcel Number: 625-0026-00310

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 550

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

Listed on
Nov 16, 2024
Closed on
Dec 30, 2024
Sold by
Bought by
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$94,500
Sold Price
$84,000
Premium/Discount to List
-$10,500
-11.11%
Views
21
Current Estimated Value
$115,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,201
Avg. Annual Appreciation
23.97%

Purchase Details

Closed on
Aug 31, 2001
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
$68,000
Interest Rate
9.75%
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

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
$84,000 Northeast Title
$84,000 Northeast Title
$73,000 --
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 $68,000
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
12/30/2024 12/30/24 Sold $84,000 -11.1% $67 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/16/2024 11/16/24 For Sale $94,500 -- $75 / 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 $638 $60,500 $34,100 $26,400
2023 $614 $53,900 $31,000 $22,900
2022 $560 $49,800 $29,000 $20,800
2021 $528 $45,200 $25,300 $19,900
2020 $502 $43,200 $25,300 $17,900
2019 $518 $43,200 $25,300 $17,900
2018 $516 $45,300 $27,400 $17,900
2017 $598 $45,300 $27,400 $17,900
2016 $600 $50,600 $30,400 $20,200
2015 $584 $50,600 $30,400 $20,200
2014 $584 $50,600 $30,400 $20,200
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2024

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    43 Total Sales

    Jerry Fink
    Section Image

  • N

    Buyer's Agent in 2024

    Nonmember NONMEMBER

    Nonmember Office

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117027

APN: 625002600310

Minnesota St Louis County Ely 55731

2688 Bear Island River Rd, Ely, MN

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

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