NOT LISTED FOR SALE

2945 Highway 169 Ely, MN 55731

Ely Area

Estimated Value: $405,462 - $478,000

4 Beds
2 Baths
1,152 Sq Ft
$385/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2020

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

Est. 106% increase in value since last sale

Current estimated payment $2,665 / mo

About This Home

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*

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
$443,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,616
Avg. Annual Appreciation
13.50%
Original Mortgage
$172,000
Outstanding Balance
$149,880
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$293,736

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

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
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 Prior Sale
11/13/2020 11/13/20 Sold $215,000 0.0% $187 / Sq Ft View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
06/21/2019 06/21/19 For Sale $215,000 -- $187 / Sq Ft

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 Real Estate Agent - Bear Island Realty LLC

    Seller Co-Listing Agent in 2020

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    151 Total Sales

    Kate Davies
    Section Image
  • Jeff Hway Real Estate Agent - Bear Island Realty LLC

    Buyer's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    154 Total Sales

    Jeff Hway
    Section Image
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Map

Minnesota St Louis County Ely 55731

2945 Highway 169, Ely, MN

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