NOT LISTED FOR SALE

2926 Burntside Ridge Trail Ely, MN 55731

Estimated Value: $166,829 - $226,000

11 Acres
$18,087 Price per Acre
479,160 Sq Ft Lot

Last Sold September 07, 2022

Last sale price $145,000 $1,208 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,125/month

About This Lot

As of September 2022

11 acres of land with year around access. Close to Burntside Lake. Includes a pole building with some living quarters. Well and septic. Large pines.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 10/26/2022

Last Buyer's Agent

Jan Erchul

Ely Realty License #593436 Listed on: 10/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $403

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 1,099 x 654
  • Level Lot

Utilities

  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$403

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Lvt Date: 10/26/2022
  • Real Estate Tax: 403.00
  • Type: Residential
  • Lot Size Length: 1099
  • Lot Size Width: 654
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Electricity, Septic, Well

Lot Info

  • Number Of Acres: 11
  • Zoning: Res
  • Improvements: Drive Way
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Aug 31, 2022
Sold by
Reed Josephine E
Bought by
Ferguson William Fredrick
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Jan Erchul
Ely Realty
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$198,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,957
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Rauch William A and Rauch Doreen F
Bought by
Saari Norman A and Reed Josephine E

Purchase Details

Closed on
Jun 10, 2003
Sold by
Rauch William A and Rauch Doreen
Bought by
Wallace Scott W and Wallace Carolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferguson William Fredrick $145,000 --
Saari Norman A $95,000 Northeast Title Company
Wallace Scott W $89,500 Northeast Title Company
Rauch William A -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Scott W $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 For Sale $145,000 0.0% $1,208 / Sq Ft
09/07/2022 09/07/22 Sold $145,000 -- $1,208 / 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 $990 $101,800 $67,800 $34,000
2023 $990 $96,300 $61,700 $34,600
2022 $806 $86,200 $56,100 $30,100
2021 $814 $73,900 $47,700 $26,200
2020 $768 $72,400 $47,700 $24,700
2019 $806 $72,400 $47,700 $24,700
2018 $802 $77,400 $52,000 $25,400
2017 $760 $77,500 $52,100 $25,400
2016 $758 $73,100 $50,100 $23,000
2015 $765 $73,100 $50,100 $23,000
2014 $765 $73,100 $50,100 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Jan Erchul

    Seller's Agent in 2022

    Jan Erchul

    Ely Realty

    (218) 349-0515

    54 Total Sales

    Jan Erchul
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 144405

Range Association of REALTORS®

APN: 465002002680

Minnesota St Louis County Ely 55731

2926 Burntside Ridge Trail, Ely, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes