NOT LISTED FOR SALE

3120 van Vac Rd Ely, MN 55731

Estimated Value: $257,000 - $489,000

2 Beds
2 Baths
1,516 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $320,000 $211 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,215/month

17 Days on Market

Highlights

  • Panoramic View
  • Heated Floors
  • Separate Outdoor Workshop
  • Memorial High School Rated 9+
  • No HOA
  • 2 Car Detached Garage

About This Home

As of March 2023

Exceptional property located across the road from Listening Point and acres and acres of State Land to the South and East. The property boost 10+/- acres of beautiful white and red pine forest, ledge rock outcroppings and picturesque views. The design footprint of the building site is all in place. Driveway, well, 3 bedroom septic and compliant outhouse are done. There is a 26x28 garage with back stair system, deck and unfinished loft. 16x20 insulated work shop with attic trusses, 12x20 carport, 8x12 open covered drive through shed, 2-8x12 storage sheds, lumber rack and 12x16 outdoor open air covered porch. The concrete slab for a future 1516 sq. ft. home (30x44/14x14) is ready and plumbed for in floor heat, 2 bathrooms, laundry and kitchen.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 10/11/2022

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 10/11/2022

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 2015

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1320
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Many Trees

Home Design

  • Home to be built
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Heated Floors
  • Panoramic Views

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Storage Shed
  • Outhouse

Utilities

  • Drilled Well
  • Mound Septic

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 465-0040-04581

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, go west on Hwy 169 for about 4 miles, turn right on Grant McMahan Blvd, Follow for 2 miles, then turn left on Van Vac and follow to address on the left.
  • L O1 Office Phone1 Number: 763-463-7500
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 63
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 1516
  • Garage Type: Detached
  • Heat: In Floor
  • MainFloorBath: No
  • Reso Roof: Metal
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Fin Square Footage: 1516

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Other Buildings
  • Road Frontage: County
  • Construction Status: To Be Built/Floor Plan
  • Exterior: Other

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26x28

Utilities

  • Power Company: Lake Country Power
  • Sewer: Mound, Outhouse
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 330x1320
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High, Level
  • Parcel Number: 465-0040-04581

Tax Info

  • Tax Amount: 1999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Carlson Rory J and Carlson Linda
Bought by
Ogorman Blaine D and Ogorman Suzanne M
Current Estimated Value
$560,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 11, 2022
Closed on
Mar 3, 2023
Sold by
Carlson Rory J and Carlson Linda
Bought by
Ogorman Blaine D and Ogorman Suzanne M
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
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

Date Buyer Sale Price Title Company
Ogorman Blaine D $320,000 Northeast Title Company
Ogorman Blaine D $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ogorman Blaine D $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $320,000 0.0% $211 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $320,000 -- $211 / 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 $3,468 $420,200 $92,000 $328,200
2023 $3,468 $148,000 $83,500 $64,500
2022 $2,084 $251,700 $56,400 $195,300
2021 $2,122 $217,900 $47,900 $170,000
2020 $1,944 $207,700 $47,900 $159,800
2019 $1,882 $207,700 $47,900 $159,800
2018 $1,864 $207,500 $55,800 $151,700
2017 $1,630 $207,400 $55,700 $151,700
2016 $1,460 $186,100 $53,600 $132,500
2015 $1,153 $119,900 $44,600 $75,300
2014 $1,153 $106,900 $54,900 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2023

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105912

APN: 465004004581

Minnesota St Louis County Ely 55731

3120 van Vac Rd, Ely, MN

Not Listed for Sale

Detached

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