NOT LISTED FOR SALE

2765 Cloquet Line Ely, MN 55731

Estimated Value: $379,144 - $572,000

2 Beds
2 Baths
1,464 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $325,000 $222 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,339/month

34 Days on Market

Highlights

  • Heated Floors
  • Deck
  • 1-Story Property
  • Memorial High School Rated 9+
  • 8 Car Garage
  • Water Softener

About This Home

As of August 2021

A little piece of paradise just resting on the edge of the Boundary Waters in Ely, MN. on 10 wooded acres. A mile from Fall Lake which is entry & so close to town! This single story home was built in 1991. It has 2 beds, 2 baths, 1464 sq ft., in floor heat, central vac system, wood burning fireplace & an attached 24x24 garage that could easily be converted into more living space & also has in floor heat. Outbuildings & Trails Galore! The detached garage is 1,632 sq ft; half is finished/heated/insulated & the other half is cold storage. Massive Pole Building & Wood Shed; equipped with a built-in log splitter. Not to mention the Sauna Building that sits on the property's peaceful pond that is newly built. It boasts a bunk/sitting quarters & has a nice deck to kick back & enjoy the serene atmosphere. Come take a look!

Last Agent to Sell the Property

Brina Guyer

MN DIRECT PROPERTIES License #40699009 Listed on: 05/12/2021

Last Buyer's Agent

Misty Merhar

z' Up North Realty License #40585279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1991

Lot Details

  • 10

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 8 Car Garage
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System

Additional Features

  • Deck
  • 10 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 465-0020-03712

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: In-Floor
  • Lvt Date: 05/12/2021
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 2
  • Parcel Code Number: 465-0020-03712
  • Patioporch: Deck
  • Real Estate Tax: 2640
  • Style: One Story
  • Type: Residential
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1464
  • Bedroom 1: Size: 10x12, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Garage Opener, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 10x10, On Level: Main
  • Dining Room: Size: 10x12, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 12x16, On Level: Main
  • Living Room: Size: 14x18, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 3+ Stalls, Attached, Detached
  • Garage Capacity: 8
  • Garage Size: 8+ stalls

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 660x660
  • Number Of Acres: 10
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 3, 2021
Sold by
Richards Kael A
Bought by
Ridings Bobby and Ridings Jackie
Seller's Agent
Brina Guyer
MN DIRECT PROPERTIES
Buyer's Agent
Misty Merhar
z' Up North Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$441,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,036
Avg. Annual Appreciation
7.27%
Original Mortgage
$325,000
Outstanding Balance
$294,887
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$146,149

Purchase Details

Closed on
Jun 7, 2016
Sold by
Zorman Jerry L and Zorman Marlene A
Bought by
Richards Kael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ridings Bobby $325,000 Northeast Title Company
Richards Kael A $225,000 Northeast Title Company
Ridings Bobby Bobby $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridings Bobby $325,000
Previous Owner Richards Kael A $202,500
Closed Ridings Bobby Bobby $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $325,000 0.0% $222 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $325,000 -- $222 / Sq Ft
Source: Range Association of 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 $344 $363,900 $96,000 $267,900
2023 $344 $343,300 $87,100 $256,200
2022 $258 $301,500 $78,800 $222,700
2021 $2,640 $221,100 $47,700 $173,400
2020 $2,448 $211,000 $47,700 $163,300
2019 $2,086 $211,000 $47,700 $163,300
2018 $2,072 $184,100 $44,800 $139,300
2017 $1,426 $184,200 $44,900 $139,300
2016 $1,372 $168,900 $43,000 $125,900
2015 -- $144,700 $37,300 $107,400
Source: Public Records

Agents Affiliated with this Home

  • Brina Guyer

    Seller's Agent in 2021

    Brina Guyer

    MN DIRECT PROPERTIES

    (218) 259-8324

    149 Total Sales

    Brina Guyer
    Section Image

  • M

    Buyer's Agent in 2021

    Misty Merhar

    z' Up North Realty

    (218) 349-3745

    38 Total Sales

    Misty Merhar
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 141330

Range Association of REALTORS®

APN: 465002003712

Minnesota St Louis County Ely 55731

2765 Cloquet Line, Ely, MN

Not Listed for Sale

Detached

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