NOT LISTED FOR SALE

3077 van Vac Rd Ely, MN 55731

Estimated Value: $490,000 - $778,000

1 Bed
-- Bath
440 Sq Ft
$1,434/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2021

Last sale price $429,000 $975 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,753 / mo

7 Days on Market

Highlights

  • Private Waterfront
  • Community Boat Slip
  • Sauna
  • Memorial High School Rated 9+
  • Docks
  • Deck

About This Home

As of August 2021

Iconic Burntside Lake Cabin in sought after location. This 1-bedroom cabin has amazing water views from its enclosed front porch and oversized deck. 1 car garage with bonus room attached. Sauna at the water’s edge! Magnificent parcel with large pines and ledge rock outcroppings. This is the perfect summer getaway location. *SLLS*

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 07/07/2021

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 100 x 625
  • Private Waterfront
  • 125 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Bedroom
  • 440 Sq Ft Home
  • 1-Story Property
  • Sauna

Outdoor Features

  • Docks
  • Deck
  • Storage Shed
  • Outhouse

Utilities

  • Space Heater
  • Private Water Source

Community Details

  • Community Boat Slip

Listing and Financial Details

  • Assessor Parcel Number 465-0270-00550

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Lot Details

1.4 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, follow Hwy 169E to Grant McMahon Blvd (Hwy88), follow to Van Vac Road to property address
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • Property Sub-Type: Seasonal
  • Tax Year: 2021
  • Lot Description Waterfront: Yes
  • Amenities Exterior: Boat Slip, Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 440
  • Garage Type: Detached
  • Heat: Space/Wall Heater
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 1
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 1 Story
  • Total Fin Square Footage: 440

Exterior Features

  • Out Buildings: Sauna, Storage Shed, Other Buildings
  • Waterfront Access: Private
  • Water Frontage In Feet: 125
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: Outhouse
  • Water: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100 X 625
  • Estimated Number of Acres: 1.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 465-0270-00550
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2301

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

Closed on
Nov 24, 2021
Sold by
Bought by
Current Estimated Value
$631,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$1,415 Northeast 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
Previous Owner $300,000
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
08/27/2021 08/27/21 Sold $429,000 0.0% $975 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $429,000 -- $975 / 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 $4,126 $383,600 $299,300 $84,300
2023 $3,562 $275,800 $220,000 $55,800
2022 $2,250 $233,300 $186,900 $46,400
2021 $2,386 $199,300 $158,800 $40,500
2020 $2,246 $199,300 $158,800 $40,500
2019 $2,234 $199,300 $158,800 $40,500
2018 $2,228 $200,000 $154,800 $45,200
2017 $2,242 $200,000 $154,800 $45,200
2016 $2,290 $200,000 $154,800 $45,200
2015 $2,329 $208,100 $162,900 $45,200
2014 $2,329 $208,600 $162,100 $46,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bruce Chernak

    Bear Island Realty LLC

  • Kate Davies

    Seller Co-Listing Agent in 2021

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    158 Total Sales

    Kate Davies
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098183

APN: 465027000550

Minnesota St Louis County Ely 55731

3077 van Vac Rd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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