NOT LISTED FOR SALE

3098 Wolf Lake Rd Ely, MN 55731

Estimated Value: $165,000 - $584,000

31.2 Acres
$10,641 Price per Acre
1,359,072 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $155,000 $223 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,839/month

52 Days on Market

Highlights

  • 31.2 Acre Lot
  • Memorial High School Rated 9+
  • Hilly Lot

About This Lot

As of August 2023

WOLF LAKE AREA: Blacktop access to 31.20 Acres overlooking the Burntside River valley and the Wolf Rearing Ponds. This gravel parcel is adjacent to state land and is mostly covered with old growth forest. Private drive leads up to a custom 1,116SF rustic hand hewn log cabin w/ timber frame upper levels that was built in 1987. This cabin has a poured concrete foundation w/stone face, wood stove, some finishing materials and is awaiting your personal finishing touches. There is no Well, No Septic, nor Electricity run to the cabin.

Last Agent to Sell the Property

Stuart Johansen

Northland Realty License #40082401 Listed on: 05/19/2023

Last Buyer's Agent

Stuart Johansen

Northland Realty License #40082401 Listed on: 05/19/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $714

Lot Details

  • 31.2 Acre Lot
  • Lot Dimensions are 1,000 x 1,330
  • Irregular Lot
  • Hilly Lot
  • Property is zoned SMU-7

Property Details

Property Type

Land

Est. Annual Taxes

$714

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 05/19/2023
  • Real Estate Tax: 714
  • Type: Residential
  • Lot Size Length: 1000
  • Lot Size Width: 1330
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Number Of Acres: 31.2
  • Zoning: SMU-7
  • Improvements: Drive Way
  • Land Description: HIGH GROUND (GRAVELY) W/GOOD TREE COVER AND ADJACENT TO STATE LANDS
  • Topography: Hilly

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $155,000 0.0% $223 / Sq Ft
06/30/2023 06/30/23 Price Changed $155,000 -13.8% $223 / Sq Ft
05/19/2023 05/19/23 For Sale $179,900 -- $259 / Sq Ft
Source: Range Association of REALTORS®

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 $1,344 $151,700 $99,500 $52,200
2023 $1,344 $135,300 $84,900 $50,400
2022 $588 $119,800 $76,000 $43,800
2021 $624 $100,900 $62,800 $38,100
2020 $558 $98,700 $62,800 $35,900
2019 $602 $98,700 $62,800 $35,900
2018 $596 $105,100 $68,900 $36,200
2017 $538 $105,200 $69,000 $36,200
2016 $524 $98,700 $66,000 $32,700
2015 $656 $68,800 $49,200 $19,600
2014 $656 $83,000 $65,200 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Stuart Johansen

    Seller's Agent in 2023

    Stuart Johansen

    Northland Realty

    (218) 390-0290

    87 Total Sales

    Stuart Johansen
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Map

Source: Range Association of REALTORS®

MLS Number: 145032

Range Association of REALTORS®

APN: 465004005340

Minnesota St Louis County Ely 55731

3098 Wolf Lake Rd, Ely, MN

Not Listed for Sale

Lots

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