Estimated Value: $346,335 - $399,000
2
Beds
1
Bath
990
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Log Cabin
- 2 Car Detached Garage
- Attic
- Wood Frame Window
- Skylights
About This Home
As of April 2021Cedar log cabin/home located aprox 20 miles east of Ely very near the end of the road and the Lake One Access to the BWCAW! This very attractive hand hewn log cabin was custom built in 2011 and features 2 bedrooms and 1 bath. The main floor's "great room" houses the living room, kitchen and dining area. There is also a bedroom and the 3/4 bathroom on the main floor. The bathroom has a unique and northwoodsy stone shower with a glass door. Upstairs is the large master bedroom. Owners have lived in the home year around for a few years. There is a large wrap around deck and a covered porch and a 10' x 12' screened in porch to enjoy the surrounding wilderness. Also a 24' x 24' garage with stairs leading to a large storage room upstairs and also an 18' x 12' addition to the side that would be a great additional sleeping area or office or workshop. The property directly adjoins thousands of acres of Superior National Forest lands. Very easy access with a short driveway right off the Fernberg Road, and only a mile down the road to Lake One and a million acres of pure wilderness! This is a great property to use as your Ely area getaway, or live in year around!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,122
Year Built
- Built in 2011
Lot Details
- 2.79 Acre Lot
- Lot Dimensions are 927 x 325
- Property fronts a county road
- Landscaped with Trees
Home Design
- Log Cabin
- Pillar, Post or Pier Foundation
- Metal Roof
- Log Siding
Interior Spaces
- 990 Sq Ft Home
- Woodwork
- Ceiling Fan
- Skylights
- Free Standing Fireplace
- Double Pane Windows
- Wood Frame Window
- Living Room
- Open Floorplan
- Crawl Space
- Washer Hookup
- Attic
Kitchen
- Range
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 1 Bathroom
Parking
- 2 Car Detached Garage
- Gravel Driveway
Utilities
- Heating System Uses Wood
- Water Filtration System
- Drilled Well
- Electric Water Heater
- Mound Septic
- Private Sewer
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 28630909520
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2021
Closed on
Apr 21, 2021
Sold by
Bushey Dean and Quattromani Cecilia A
Bought by
Alcott Jason E
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$255,000
Sold Price
$255,000
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,084
Avg. Annual Appreciation
15.09%
Original Mortgage
$155,500
Outstanding Balance
$143,587
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$305,757
Purchase Details
Closed on
Aug 10, 2010
Sold by
Edgington Mark and Edgington Susan
Bought by
Quattromani Cecilia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.58%
Mortgage Type
New Conventional
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Similar Homes in Ely, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alcott Jason E | $255,000 | None Available | |
| Quattromani Cecilia Ann | $90,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alcott Jason E | $155,500 | |
| Previous Owner | Quattromani Cecilia Ann | $67,500 | |
| Previous Owner | Edgington Mark | $80,000 | |
| Previous Owner | Edgington Mark J | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $255,000 | 0.0% | $258 / Sq Ft |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $255,000 | -- | $258 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $1,279 | $348,300 | $44,600 | $303,700 |
| 2023 | $1,108 | $366,900 | $44,600 | $322,300 |
| 2022 | $1,347 | $301,000 | $44,600 | $256,400 |
| 2021 | $979 | $205,700 | $40,900 | $164,800 |
| 2020 | $1,122 | $91,000 | $80,100 | $10,900 |
| 2019 | $112 | $91,000 | $80,100 | $10,900 |
| 2018 | $1,131 | $169,100 | $46,200 | $122,900 |
| 2017 | $1,016 | $169,100 | $46,200 | $122,900 |
| 2016 | $1,706 | $161,100 | $50,400 | $110,700 |
| 2015 | $1,527 | $174,100 | $69,400 | $104,700 |
| 2014 | $1,527 | $0 | $0 | $0 |
| 2013 | $921 | $0 | $0 | $0 |
| 2012 | $856 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hway
Seller's Agent in 2021
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
171 Total Sales
-
Trish Bulinski
T
Buyer's Agent in 2021
Trish Bulinski
Bear Island Realty LLC
(218) 349-5595
143 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6095369
APN: 28-6309-09520
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