NOT LISTED FOR SALE

3123 Wolf Lake Ln Ely, MN 55731

Ely Area

Estimated Value: $345,000 - $544,000

3 Beds
2 Baths
2,410 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2021

Last sale price $245,000 $102 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,397 / mo

66 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • 1-Story Property
  • Memorial High School Rated 9+
  • Patio
  • Forced Air Heating System

About This Home

As of October 2021

Centrally located between Tower and Ely is this charming 3 bedroom 2 bath cedar sided home siting on a wooded 5.11 acre lot complete with 20 feet of frontage on Wolf Lake! The home is nestled in the pines and has an open dining room, kitchen, and living room area. Head down the hall to the full bath, and 3 main level bedrooms including a master with a 3/4 bath. The lower level walk out is wide open ad could be used for whatever your heart desires!

Last Agent to Sell the Property

Rachel Lacount

Northwoods Land Office License #20564039 Listed on: 07/02/2021

Last Buyer's Agent

Jan Erchul

Ely Realty License #593436

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1975

Lot Details

  • 5.11 Acre Lot
  • Irregular Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00745

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,196

Year Built

Built in 1975

Lot Details

5.11 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .25
  • Lvt Date: 07/02/2021
  • Main Level Bathrooms: 1.7
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0030-00745
  • Patioporch: Deck, Patio
  • Percent Of Bsmnt Finished: 75
  • Real Estate Tax: 2196
  • Style: One Story
  • Type: Residential
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2410
  • Bedroom 1: Size: 14x15, On Level: Main
  • Total Bathrooms: 2
  • Basement: Full, Walkout
  • Bedroom 2: Size: 10x10, On Level: Main
  • Bedroom 3: Size: 10x10, On Level: Main
  • Dining Room: Size: 11x13, On Level: Main
  • Kitchen: Size: 12x13, On Level: Main
  • Living Room: Size: 13x19, On Level: Main
  • Main Level Bedrooms: 3
  • Other Room 2: Rec Room, Size: 16x24, On Level: Lower
  • Other Room 3: laundry, Size: 13x22, On Level: Lower
  • Rec Room: Size: 23x27, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 21x22

Utilities

  • Utilities: Septic, Well

Lot Info

  • Lot Size: Dimensions: 460x460
  • Number Of Acres: 5.11
  • Zoning: Res

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

Listed on
Jul 2, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Rachel Lacount
Northwoods Land Office
Buyer's Agent
Jan Erchul
Ely Realty
List Price
$280,000
Sold Price
$245,000
Premium/Discount to List
-$35,000
-12.5%
Current Estimated Value
$403,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,441
Avg. Annual Appreciation
10.90%
Original Mortgage
$219,000
Outstanding Balance
$196,904
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$206,537
Source: Public Records

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
$245,000 Northeast Title
$245,000 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
Open $219,000
Closed $219,000
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
10/29/2021 10/29/21 Sold $245,000 -12.5% $102 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $280,000 -- $116 / Sq Ft
Source: Range Association of 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 $2,208 $281,400 $61,900 $219,500
2023 $2,052 $271,400 $59,300 $212,100
2022 $2,028 $278,900 $66,800 $212,100
2021 $2,196 $213,400 $52,700 $160,700
2020 $2,014 $213,400 $52,700 $160,700
2019 $1,708 $213,400 $52,700 $160,700
2018 $1,556 $192,900 $50,400 $142,500
2017 $1,572 $181,200 $48,100 $133,100
2016 $1,898 $181,200 $48,100 $133,100
2015 $1,906 $193,800 $50,600 $143,200
2014 $1,906 $193,800 $50,600 $143,200
Source: Public Records

Agents Affiliated with this Home

  • Rachel Lacount Real Estate Agent - Northwoods Land Office

    Seller's Agent in 2021

    Rachel Lacount

    Northwoods Land Office

    (218) 780-0355

    237 Total Sales

    Rachel Lacount
    Section Image
  • Jan Erchul Real Estate Agent - Ely Realty

    Buyer's Agent in 2021

    Jan Erchul

    Ely Realty

    (218) 349-0515

    46 Total Sales

    Jan Erchul
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 141812

Range Association of REALTORS®

APN: 465003000745

Minnesota St Louis County Ely 55731

3123 Wolf Lake Ln, Ely, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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