NOT LISTED FOR SALE

2945 Highway 169 Ely, MN 55731

Estimated Value: $397,178 - $504,000

4 Beds
2 Baths
1,152 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2020

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

Est. 110% increase in value since last sale

Current estimated payment $2,671 / mo

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

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

Lot Details

26 Acres

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
  • 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

  • Junior High Dist: Ely #696

Lot Info

  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Nov 10, 2020
Sold by
Bought by
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
$452,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,545
Avg. Annual Appreciation
14.19%
Original Mortgage
$172,000
Outstanding Balance
$152,706
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$299,839

Purchase Details

Closed on
Jul 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 Northeast Title Company
$115,000 Northeast Title Company
$10,000 --
$215,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,718 $315,600 $74,900 $240,700
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

    157 Total Sales

    Kate Davies
    Section Image
  • Jeff Hway

    Buyer's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    159 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

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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