NOT LISTED FOR SALE

3073 Pelo Ln Ely, MN 55731

Estimated Value: $385,638 - $583,000

2 Beds
0.5 Bath
1,000 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $420,000 $420 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,754/month

9 Days on Market

Highlights

  • Private Waterfront
  • Sauna
  • Traditional Architecture
  • Memorial High School Rated 9+
  • Lake View
  • Wood Flooring

About This Home

As of October 2022

Little Long Lake cabin on +-2.3 acres with southern exposure and large pine trees. This 2 bedroom cabin sits just 50' from the crystal clear water of Little Long Lake. Main level has a bedroom, kitchen, living room, bathroom and sunroom. The upstairs has the second bedroom and an office area. There is an unfinished basement for extra storage and a wood fired sauna building just feet from the waters edge. Between the cabin and the sauna is a 30' x 50' sandy cove for swimming and recreation. Located up the beautiful Echo Trail and just 5 miles from Ely. Could this be the Up North property you have been looking for?

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 08/15/2022

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company Listed on: 08/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1938

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 500 x 200
  • Private Waterfront
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 1,000 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Frame Window
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Sauna
  • Range
  • Wood Flooring
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 0.5 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02325

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,149

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North from Ely on the Echo Trail to Somero Road. Somero Road to Pelo Lane.
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 420
  • Road Maintenance: Private
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Sauna
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1000
  • Garage Type: None
  • Heat: Space/Wall Heater, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1938
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Sunrm/Solarium
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Sunroom/Solarium
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Den/Office
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1000
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 250
  • Waterfront Name: Little Long
  • Construction Status: Previously Owned
  • Exterior: Composition
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2022-08-16
  • Estimated Lot Dimensions: 500 x 200
  • Estimated Number of Acres: 2.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, High
  • Parcel Number: 465-0020-02325
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Sadler Jane L and Jane L Sadler Revocable Trust
Bought by
Sovil Don and Sovil Lindsay
Current Estimated Value
$487,410

Purchase Details

Closed on
Sep 16, 2011
Sold by
Sadler John P and Sadler Jane L
Bought by
Sadler Jane L and Jane L Sadler Revocable Trust
Source: Public Records

Range of Values:

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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
Sovil Don $337,500 None Available
Sadler Jane L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $420,000 0.0% $420 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $420,000 -- $420 / Sq Ft
Source: Lake Superior Area 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
2024 $2,366 $249,100 $164,600 $84,500
2023 $2,366 $244,200 $156,800 $87,400
2022 $1,844 $244,200 $156,800 $87,400
2021 $1,852 $159,000 $96,400 $62,600
2020 $1,738 $154,500 $96,400 $58,100
2019 $1,716 $154,500 $96,400 $58,100
2018 $1,610 $154,200 $101,400 $52,800
2017 $1,620 $145,400 $96,100 $49,300
2016 $1,870 $145,400 $96,100 $49,300
2015 $1,898 $171,300 $113,300 $58,000
2014 $1,898 $171,300 $113,300 $58,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    149 Total Sales

    Chris Eilrich
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104972

APN: 465002002320

Minnesota St Louis County Ely 55731

3073 Pelo Ln, Ely, MN

This home is located at 3073 Pelo Ln, Ely, MN 55731 since 15 August 2022 and is currently estimated at $487,410, approximately $487 per square foot. This property was built in 1938. 3073 Pelo Ln is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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