NOT LISTED FOR SALE

3020 Wolf Lake Rd Ely, MN 55731

Estimated Value: $417,887 - $586,000

3 Beds
2 Baths
2,078 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2023

Last sale price $337,000 $162 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,856 / mo

189 Days on Market

Highlights

  • Media Room
  • Bay View
  • Deck
  • Memorial High School Rated 9+
  • Heated Floors
  • Recreation Room

About This Home

As of April 2023

Outstanding timber frame cabin on over 5 acres suited for yearly use. Immaculate western sunset views from the living room windows, deck and patio areas. Cozy and inviting wood work on walls and floors with open floor plan. Enjoy the time with the warm glistening of the fireplace or on the wrap around deck in the serenity of nature with Wolf Lake views. The loft provides a private space with a personal balcony and room for a queen size bed. The lower level walk-out features a bedroom, 3/4 bathroom and recreation room. Walk out to the boastful views of the trees and lake. The oversized garage has plenty of space for boats, snowmobiles, and side-by-sides. It has an outstanding feature of an additional finished space for entertaining guests or as a private bedroom with bathroom. Making your finishing touches in the upper level loft with private entry for stairs and deck on the lakeside. Centrally located to Ely, Burntside Lake & Lake Vermilion.

Last Agent to Sell the Property

Linda Shin

Coldwell Banker Realty - Wayzata Listed on: 08/22/2022

Coldwell Banker Realty - Wayzata

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC License #MN 20274047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 2003

Lot Details

  • 5.2 Acre Lot
  • Lot Dimensions are 137x 165x 688x 482x 650
  • Property fronts a private road
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Unpaved Streets
  • Many Trees

Property Views

  • Bay
  • Lake
  • Panoramic

Home Design

  • Post and Beam
  • Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Media Room
  • Den
  • Recreation Room
  • Loft
  • Lower Floor Utility Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Bathroom In Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Rain Gutters

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00633

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,194

Year Built

Built in 2003

Lot Details

5.2 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From City of Ely. West on MN-169. Approx 7 miles right on Wolf Lake Road. Home on left
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 952-473-3000
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Bay, Inland Lake, Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Beamed Ceilings, Patio Door
  • Amenities Exterior: Deck, Patio, Gutter/Downspout
  • Mfg And Park Info Construction Type: Concrete Block, Timber/Post & Beam
  • FinFootageAboveGrade: 1039
  • Below Grade Finished Sq Ft: 1039
  • Garage Type: Detached
  • Heat: Fireplace, In Floor, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Media Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Exhaust Fan/Hood, Refrigerator, Range/Stove, Washer
  • Basement Features: Walkout, Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Non-Conforming Bedroom
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Rec Room
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Room 7: Bathroom
  • Room 8: Bathroom
  • Room 9: Utility Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2078
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County, Paved, Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Attic, Bathroom, Bedroom
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Drain Field, Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 137x 165x 688x 482x 650
  • Estimated Number of Acres: 5.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High, Level, Rolling
  • Parcel Number: 465-0030-00633

Rental Info

  • Lease Terms: Cash, Contract for Deed, Conventional, FHA

Tax Info

  • Tax Amount: 3194

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
Aug 22, 2022
Closed on
Apr 6, 2023
Sold by
Bought by
Seller's Agent
Linda Shin
Coldwell Banker Realty - Wayzata
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$337,000
Sold Price
$337,000
Views
413
Current Estimated Value
$485,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,222
Avg. Annual Appreciation
12.27%
Original Mortgage
$320,150
Outstanding Balance
$309,326
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$175,896

Purchase Details

Closed on
Aug 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
$337,000 Burnet Title
$240,000 Canoe Country
$133,000 Ne Title
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 $320,150
Previous Owner $118,000
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
04/11/2023 04/11/23 Sold $337,000 0.0% $162 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
08/22/2022 08/22/22 For Sale $337,000 -- $162 / 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 $2,854 $356,700 $52,900 $303,800
2023 $2,820 $296,800 $43,800 $253,000
2022 $3,194 $260,000 $40,000 $220,000
2021 $2,570 $225,700 $34,400 $191,300
2020 $2,420 $214,700 $34,400 $180,300
2019 $2,138 $214,700 $34,400 $180,300
2018 $2,120 $188,700 $39,100 $149,600
2017 $1,968 $188,700 $39,100 $149,600
2016 $1,934 $173,100 $37,800 $135,300
2015 $1,942 $173,100 $37,800 $135,300
2014 $1,942 $173,100 $37,800 $135,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Linda Shin

    Coldwell Banker Realty - Wayzata

    Section Image

  • T

    Buyer's Agent in 2023

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    128 Total Sales

    Trish Bulinski
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105466

APN: 465003000633

Minnesota St Louis County Ely 55731

3020 Wolf Lake Rd, Ely, MN

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