NOT LISTED FOR SALE

2774 Chig A Big Rd Ely, MN 55731

Estimated Value: $113,163 - $491,000

2 Acres
$155,646 Price per Acre
87,120 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $65,000

Est. 375% increase in value since last sale

Current estimated payment $1,632/month

Highlights

  • 160 Feet of Waterfront
  • Beach Access
  • Level Lot
  • Memorial High School Rated 9+
  • Landscaped with Trees

About This Lot

As of August 2014

Beautiful Shagawa Lakeshore, very private area with great level beach area, protected by wetlands to the south. Very nice mature tree cover.

Last Agent to Sell the Property

Janet Erchul

Bear Island Land Co., Inc Listed on: 07/14/2014

Last Buyer's Agent

Janet Erchul

Bear Island Land Co., Inc Listed on: 07/14/2014

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • 160 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Outdoor Features

  • Beach Access

Listing and Financial Details

  • Assessor Parcel Number 465-0075-00245,00192

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Parcel Number: 465-0075-00245,00192
  • Range: 12
  • Section: 22
  • Twp Number: 63
  • Estimated Number of Acres: 2
  • Land Improvements: Unpaved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Shagawa
  • Waterfront: Yes
  • Water Frontage: 160
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Electric
  • On Site Utilities: Electric

Lot Info

  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium
  • Estimated Lot Dimensions: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 8, 2014
Sold by
Tomlinson Bettie J
Bought by
Everett Karl D and Everett Kerry K
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Janet Erchul
Bear Island Land Co., Inc
List Price
$130,000
Sold Price
$65,000
Premium/Discount to List
-$65,000
-50%
Current Estimated Value
$309,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,041
Avg. Annual Appreciation
14.70%
Original Mortgage
$50,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
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
Everett Karl D $65,000 Arrowhead Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Everett Karl D $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $65,000 -50.0% --
07/14/2014 07/14/14 For Sale $130,000 -- --
06/18/2014 06/18/14 Pending -- -- --
Source: REALTOR® Association of Southern Minnesota

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 $218 $25,000 $24,700 $300
2023 $218 $22,500 $22,200 $300
2022 $176 $20,100 $19,900 $200
2021 $180 $16,600 $16,400 $200
2020 $170 $16,600 $16,400 $200
2019 $182 $16,600 $16,400 $200
2018 $180 $17,900 $17,900 $0
2017 $174 $17,900 $17,900 $0
2016 $174 $17,200 $17,200 $0
2015 $175 $17,200 $17,200 $0
2014 $175 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4647629

REALTOR® Association of Southern Minnesota

APN: 465007500245