NOT LISTED FOR SALE

2945 Highway 169 Ely, MN 55731

Estimated Value: $294,876 - $569,000

4 Beds
2 Baths
1,152 Sq Ft
$353/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $215,000 $187 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,379/month

445 Days on Market

Highlights

  • 26 Acre Lot
  • Deck
  • Wood Frame Window
  • Memorial High School Rated 9+
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage

About This Home

As of November 2020

The opportunities are endless for this property. Currently, this property is being used as a canoe outfitting base, but could be used for your commercial endeavor, hunting camp, or home. Conveniently located just west of Ely, the property is 26 +/- acres surrounded by public land. Many buildings on the property including a dove tail log building, oversized 2 car garage, mess hall with commercial kitchen and dining room, bunk houses and bath house. The 4 bedroom, 2 bath main house features wood heat, some wood flooring, and laundry hookups. *SLLS*

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 06/21/2019

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Lot Details

  • 26 Acre Lot
  • Lot Dimensions are 1320 x 660
  • Property fronts a highway
  • Many Trees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Bathrooms

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer

Additional Features

  • Deck
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00532, 00575

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 169 approximately 6.5 miles to the property address on the north side of the road..
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 186.63
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1152
  • Garage Type: Detached
  • Heat: Wood
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Features: N/A
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom Description: 3/4 Main Floor, 3/4 Upper
  • Formal Dining: Combine with Kitchen
  • 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: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Living Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1152
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Bunkhouse, Other Buildings
  • Road Frontage: Highway, State
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2019-06-21
  • Estimated Lot Dimensions: 1320 x 660
  • Estimated Number of Acres: 26
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 465-0030-00532, 00575

Rental Info

  • Lease Terms: Cash, Conventional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Nov 10, 2020
Sold by
Tfk Chicago Voyagers
Bought by
Harrod Nicholas A
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$406,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,219
Avg. Annual Appreciation
13.93%
Original Mortgage
$172,000
Outstanding Balance
$153,056
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$253,163

Purchase Details

Closed on
Jul 15, 2016
Sold by
Wilderness Wind Inc
Bought by
Tfk Chicago Voyagers

Purchase Details

Closed on
Jun 26, 2001
Sold by
Ahlstrand Earl F and Ahlstrand Georgiann
Bought by
Wilderness Wind Inc
Source: Public Records

Range of Values:

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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
Harrod Nicholas A $215,000 Northeast Title Company
Tfk Chicago Voyagers $115,000 Northeast Title Company
Wilderness Wind Inc $10,000 --
Harrod Nicholas Nicholas $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrod Nicholas A $172,000
Closed Harrod Nicholas Nicholas $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $215,000 0.0% $187 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
06/21/2019 06/21/19 For Sale $215,000 -- $187 / 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
2023 $2,696 $297,900 $68,100 $229,800
2022 $2,384 $261,700 $61,900 $199,800
2021 $240 $226,200 $52,400 $173,800
2020 $175 $216,200 $52,400 $163,800
2019 $175 $201,000 $37,200 $163,800
2018 $175 $216,600 $45,600 $171,000
2017 $2,228 $216,600 $45,600 $171,000
2016 $2,184 $198,800 $44,100 $154,700
2015 $2,346 $198,800 $44,100 $154,700
2014 $2,346 $198,800 $44,100 $154,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bruce Chernak

    Bear Island Realty LLC

  • Kate Davies

    Seller Co-Listing Agent in 2020

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    172 Total Sales

    Kate Davies
    Section Image
  • Jeff Hway

    Buyer's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    170 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084093

APN: 465003000532

Minnesota St Louis County Ely 55731

2945 Highway 169, Ely, MN

This home is located at 2945 Highway 169, Ely, MN 55731 since 21 June 2019 and is currently estimated at $406,219, approximately $352 per square foot. 2945 Highway 169 is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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