Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
173 Total Sales
3.5
Acres
$68,286
Price per Acre
152,460
Sq Ft Lot
Highlights
- Private Waterfront
- Panoramic View
- Property is near a preserve or public land
- Solar Power System
- No HOA
- Satellite Dish
About This Lot
As of July 2025Awesome and private south facing lakeshore parcel on quiet Wolf Lake just 15 minutes from Ely! Large 3.5 acre parcel with aprox 865 feet of pristine shoreline to enjoy! Easy access to the shore from the building site and has some sandy/gravel areas for great swimming! Mixed mature tree cover and some dramatic elevated views from a very cool rocky ridge! Property is surveyed and septic approved. Long private quarter mile plus private driveway from the Wolf Lake Rd. to the parcel is an easement for access and power through adjoining county land. Wolf Lake is 289 acres, has a max. depth of 28 ft, and has some great fishing for a variety of fish species including walleye, large and smallmouth bass, northern pike, crappie and sunfish! Included is a 16' x 20' wall tent on a wooden platform with a wood burning stove! There is traditional power a quarter mile away on the Wolf Lake Rd, but the owners have installed a solar power system on the property that handles their present needs including pulling water from the 300 plus foot drilled well. It all can be operated by a portable generator as well. The present owners have created a comfortable building site area that allows comfortable enjoyment of this fantastic parcel. They also have a model year 2020 23 foot Airstream Globetrotter RV on the property that provides all the comforts of home and is available, if desired, for a discounted price of 70k. Or, it can be removed by the Sellers. This is a great parcel with a great Ely area feeling on a great lake!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,936
Lot Details
- 3.5 Acre Lot
- Lot Dimensions are 720 x 300
- Private Waterfront
- 865 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Lot Has A Rolling Slope
- Unpaved Streets
- Many Trees
- Finished Lot(s)
Parking
- Gravel Driveway
Property Views
- Lake
- Panoramic
Eco-Friendly Details
- Solar Power System
Utilities
- Private Company Owned Well
- Satellite Dish
Community Details
- No Home Owners Association
- Property is near a preserve or public land
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: 6117673
APN: 465003000754
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