Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
173 Total Sales
3.5
Acres
$71,143
Price per Acre
152,460
Sq Ft Lot
Highlights
- Private Waterfront
- Deck
- Property is near a preserve or public land
- Panoramic View
- No HOA
- Satellite Dish
About This Lot
As of July 2025Awesome and very private south facing lakeshore parcel on quiet Wolf Lake just 15 miles west of Ely! Large 3.5 acre parcel with approx. 865 feet of pristine shoreline to enjoy! Easy access to the shore down a path from the building site. Property is has a very Ely/Boundary Waters feel with dramatic ledgerock outcrops and views, and a nice level building site established. Mixed mature tree cover and some dramatic elevated views from 2 very cool rocky ridges! Property has a drilled well installed in 2022 that is aprox 325 feet deep, the land is surveyed, and septic approved. Long private quarter mile plus private driveway is a permanent easement through adjoining county land for access and power. Wolf Lake is 289 acres, has a max depth of 28 feet, and has some great fishing for a variety of fish species including walleye, large and smallmouth bass, northern pike, crappie, and sunfish! An access to the nearby Burntside River is just down the road, as well as a separate access to Burntside Lake! There is also a large deck at the shoreline to enjoy the spectacular views! If you are looking for great privacy on a quiet lake with great fishing, this is it!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,936
Lot Details
- 3.5 Acre Lot
- Private Waterfront
- 865 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Lot Has A Rolling Slope
- Unpaved Streets
- Many Trees
Parking
- Gravel Driveway
Property Views
- Lake
- Panoramic
Utilities
- Private Company Owned Well
- Satellite Dish
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Deck
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Mar 28, 2025
Sold by
Sheets Evan C and Sheets Rachelle R
Bought by
Karrick Robert E and Karrick Ann L
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$239,000
Sold Price
$239,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Purchase Details
Closed on
Apr 26, 2021
Sold by
Bulinski Gregory P
Bought by
Sheets Evan C and Sheets Rachelle R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 2013
Sold by
Bulinski Emery S and Bulinski Dolores P
Bought by
Bulinski Dolores P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $239,000 | Northeast Title | |
| Personal Reps Deed | $167,500 | Northeast Title Company | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,495 | New Conventional | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | $249,000 | -7.4% | -- |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $269,000 | +12.6% | -- |
| 03/31/2025 03/31/25 | Sold | $239,000 | 0.0% | -- |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $239,000 | -- | -- |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,024 | $246,400 | $246,400 | $0 |
| 2022 | $1,872 | $246,400 | $246,400 | $0 |
| 2021 | $1,802 | $187,200 | $187,200 | $0 |
| 2020 | $1,750 | $187,200 | $187,200 | $0 |
| 2019 | $1,708 | $187,200 | $187,200 | $0 |
| 2018 | $1,600 | $185,900 | $185,900 | $0 |
| 2017 | $1,638 | $176,100 | $176,100 | $0 |
| 2016 | $1,924 | $176,100 | $176,100 | $0 |
| 2015 | $1,952 | $207,900 | $207,900 | $0 |
| 2014 | $1,930 | $207,900 | $207,900 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hway
-
Zachary Hway
Z
Seller Co-Listing Agent in 2025
Zachary Hway
Bear Island Realty LLC
(651) 341-0383
61 Total Sales
-
Connie Coughlin
C
Buyer's Agent in 2025
Connie Coughlin
Bear Island Realty LLC
(218) 235-8289
26 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6119629
APN: 465003000754
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