NOT LISTED FOR SALE

3070 Highway 169 Ely, MN 55731

Estimated Value: $315,000 - $872,000

4 Beds
2 Baths
2,160 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $195,000 $90 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,672/month

Highlights

  • 32.34 Acre Lot
  • 2 Car Detached Garage
  • Wood Burning Fireplace
  • Memorial High School Rated 9+
  • Forced Air Heating System

About This Home

As of October 2020

A modified Earth Home, seven miles West of Ely, Highway 169, on 33 acres of wooded land with a two plus car garage. The 2160 sq. ft. home has 4 bedrooms, 1 1/2 baths, a den, food pantry, and laundry room. Sliding doors in the bedrooms open to the atrium which could have many uses and holds an oil furnace with a small loft area with an exit door. The kitchen is made for efficiency. The dining and living room are spacious with a Russian fireplace in the living room. The attic is very large, great for storage and other possibilites such as a bunkhouse or 2 bedroom apartment. This home would be a perfect fishing or hunting lodge with Vermilion, Wolf, Burntside, Shagawa, Fall Lake, White Iron chain, and the BWCA public accesses within a 30 minute drive. So many possibilities - VRBO, Pottery workshop, woodworking. Direct access to the Mesabi Bike Trail. Drilled well & compliant septic. Large pines + open land. Tucked back into the woods for privacy and quiet.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 08/13/2018

Last Buyer's Agent

Jan Erchul

Ely Realty License #593436 Listed on: 08/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1980

Lot Details

  • 32.34 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00660

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,812

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Heat: Wood, Forced Air
  • Lvt Date: 08/13/2018
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 4
  • Parcel Code Number: 465-0030-00660
  • Real Estate Tax: 1812
  • Total Above Grade Sq Ft: 2160
  • Type: Residential
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2160
  • Bedroom 1: Size: 11x14, On Level: Main
  • Total Bathrooms: 2
  • Bedroom 2: Size: 11x14, On Level: Main
  • Bedroom 3: Size: 11x14, On Level: Main
  • Dining Room: Size: 14x18, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 8x14, On Level: Main
  • Living Room: Size: 14x17, On Level: Main
  • Main Level Bedrooms: 4
  • Main Level Sq Ft: 2160
  • Other Room 2: Bedroom 4, Size: 10x14, On Level: Main
  • Other Room 3: Workshop, Size: 15x11, On Level: Main

Exterior Features

  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: Detached
  • Garage Capacity: 2

Utilities

  • Water Heater: Oil

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 1000x1000
  • Number Of Acres: 32.34
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 13, 2020
Sold by
Janezich Leona M
Bought by
Deronde Larry D and Prange Margaret A
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Jan Erchul
Ely Realty
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Current Estimated Value
$459,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,653
Avg. Annual Appreciation
18.75%
Source: Public Records

Range of Values:

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Average Value
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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
Deronde Larry D $195,000 Northeast Title Company
Deronde Larry Larry $195,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $195,000 -9.3% $90 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $215,000 -7.3% $100 / Sq Ft
07/31/2019 07/31/19 Price Changed $232,000 +10.5% $107 / Sq Ft
02/01/2019 02/01/19 Price Changed $210,000 -15.7% $97 / Sq Ft
08/13/2018 08/13/18 For Sale $249,000 -- $115 / Sq Ft
Source: Range Association of 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 $2,820 $270,500 $99,000 $171,500
2022 $2,344 $238,500 $89,400 $149,100
2021 $1,896 $205,000 $75,300 $129,700
2020 $1,876 $197,500 $75,300 $122,200
2019 $1,830 $208,400 $75,300 $133,100
2018 $1,812 $211,300 $89,700 $121,600
2017 $1,660 $211,300 $89,700 $121,600
2016 $1,628 $196,100 $86,200 $109,900
2015 $1,636 $173,400 $79,000 $94,400
2014 $1,636 $173,400 $79,000 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 135467

Range Association of REALTORS®

APN: 465003000660