NOT LISTED FOR SALE

2765 E Chig-A-big Rd Ely, MN 55731

Estimated Value: $409,000 - $569,000

3 Beds
1.5 Baths
2,048 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $290,000 $142 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,856/month

49 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Ranch Style House
  • Memorial High School Rated 9+
  • Recreation Room
  • 2 Fireplaces

About This Home

As of July 2020

Easy Living lakehome. A great place to - sleep in, take long walks, relax, have campfires, gather with family, count the stars, watch the sunset, play ganes, read a book, hibernate, make memories eat smores, snuggle or just plain breathe the fresh air! Priced right, just a few miles to downtown Ely. Waiting for the people to appreciate what is there! Two story home built in 1971 on the north shore of Shagawa Lake. Lower level includes a rec room, 3 season porch, family room with wood fired fireplace. Beautiful pool table compliments the family room along with the electric sauna, change area, laundry and one nice party room with amenities. The home is offered with some furniture. The upper level offers views whether it is from the kitchen, dining or living room. Enjoy the 2 sided fireplace on this level. The lot is level with easy access to the shoreline of Shagawa. Boat on over with family or friends for a nice relaxing meal at the Grand Ely Lodge anytime. Enjoy the fresh air, campfires, canoe, swimming, fishing or just read a book on the deck as you enjoy the views of Ely and Shagawa Lake. Get lost in yourself or your family. Priced to sell.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 04/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1972

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 133 x 300
  • Private Waterfront
  • 133 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Pool

  • Spa

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0075-00080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,844

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East of Ely on 169 to left on County Road 88. Travel 2 miles to left on Chig A Big to another short left (East Chig A Big) to sign on property - 2765 East Chig A Big.
  • L O1 Office Phone1 Number: 218-365-8689
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: Yes
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1024
  • Below Grade Finished Sq Ft: 1024
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, Oil
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Spa/Sauna
  • Room 11: Laundry Room
  • Room 12: Bathroom
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1972
  • Level 1 Bedroom: Upper
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Finished, Walkout, Bath, Family/Rec Room, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Breakfast Bar, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 7: Bathroom
  • Room 8: Rec Room
  • Room 9: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2048
  • Exercise Room Level2: Upper

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 133
  • Waterfront Name: Ely
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 133 X 300
  • Estimated Number of Acres: 0.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0075-00080
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 21, 2020
Sold by
Nebel David L and Nebel Judith L
Bought by
Preblich Nancy and Preblich James
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$489,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,407
Avg. Annual Appreciation
10.12%
Original Mortgage
$200,000
Outstanding Balance
$141,304
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$348,103

Purchase Details

Closed on
Jun 24, 2005
Sold by
Semeja Rudolph F and Semeja Donna M
Bought by
Nebel David L and Nebel Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Preblich Nancy $290,000 Northeast Title Company
Nebel David L $285,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preblich Nancy $200,000
Previous Owner Nebel David L $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $290,000 0.0% $142 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $290,000 -- $142 / 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 $3,508 $424,100 $162,700 $261,400
2023 $3,508 $422,800 $167,200 $255,600
2022 $3,080 $362,200 $152,700 $209,500
2021 $3,320 $299,700 $123,800 $175,900
2020 $3,446 $299,700 $123,800 $175,900
2019 $2,844 $299,700 $123,800 $175,900
2018 $2,674 $252,900 $126,500 $126,400
2017 $2,508 $239,400 $120,500 $118,900
2016 $2,880 $222,100 $114,600 $107,500
2015 $2,890 $260,300 $133,900 $126,400
2014 $2,890 $260,300 $133,900 $126,400
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2020

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    52 Total Sales

    Jerry Fink
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089313

APN: 465007500080

Minnesota St Louis County Ely 55731

2765 E Chig-A-big Rd, Ely, MN

Not Listed for Sale

Detached

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