NOT LISTED FOR SALE

3656 Everett Lake Ln Ely, MN 55731

Estimated Value: $271,622 - $387,000

3 Beds
-- Bath
560 Sq Ft
$588/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2024

Last sale price $265,000 $473 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,963 / mo

19 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Sauna
  • Memorial High School Rated 9+
  • Spa
  • Bay View

About This Home

As of September 2024

As the sun began to set over the lush green trees, a sense of calmness filled the air at the lot just North of Ely, Minnesota. It is the perfect spot for those seeking a unique and untamed experience, with a touch of modern luxury. The 2.47-acre lot, with 332 feet of glacial outcropping lakeshore on Everett Lake, was a sight to behold. And just a short 20-minute ride from Ely, it offers the best of both worlds – the peacefulness of the wilderness and the amenities of the town. The main attraction on the lot is the two-cabin parcel, perched on a bluff with stunning high lake views. Both cabins have lake views with easy access to the Boundary Waters and other nearby lakes. Biking, x-country ski trails and hiking trails are a short distance away The first cabin, a 20 x 28 insulated cedar-sided beauty, welcomes visitors with its open floor plan and rustic charm. With wood heat, a kitchen with a sink, a stove and dining area, it was the epitome of country/lakeside living. The suspended chairs in the living area gives it a true Northwoods vibe. But what makes this cabin truly unique was its lack of well and septic. Instead, guests have to bring in their own water for a more "roughing it" experience. However, this did not mean sacrificing comfort, as the cabin is wired for electrical needs and had a wraparound deck for guests to enjoy the wilderness views. The second cabin, a 16 x 18 beauty, is just as charming. With two beds in the loft and a private bedroom, it is perfect for a small family or a group of friends. The wood flooring and accent walls add to the cozy atmosphere, while the screened deck allows guests to enjoy the outdoors comfortably. In between the two cabins, a well-placed, tastefully done, St Louis County Approved privy provides a place for personal business. And just a short walk away, an 8 x 8 cedar sauna with an electric sauna stove and ample change room awaits guests for a relaxing and rejuvenating experience. For those who need a break from the outdoors, an 8 x 8 storage shed was available to store any necessary equipment. And the best part, the cabins are being offered with most of the furnishings, allowing guests to come and go without worrying about shutting down and draining anything. It is a true "less is more" experience, where the simplicity of nature meets the comforts of modern living. And for those looking to escape the hustle and bustle of everyday life, this lot just North of Ely is the perfect getaway.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 07/21/2024

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1980

Lot Details

  • 2.47 Acre Lot
  • Lot Dimensions are 332 x 391
  • Private Waterfront
  • 332 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Landscaped with Trees

Property Views

  • Bay
  • Lake

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Open Floorplan
  • Sauna

Kitchen

  • Cooktop
  • Microwave

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Beach Access
  • Deck
  • Outhouse

Farming

  • Machine Shed

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 613-0060-00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1980

Lot Details

2.47 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From the Echo Trail 6.9 miles to left on Everett Lake Lane then .1 miles in on left at turnaround
  • InternetOptions: None
  • L O1 Office Phone1 Number: 218-365-8689
  • Road Maintenance: Private
  • ShorelineCharacteristics: Gravel, Rocky, Shore-Accessible, Elevation-High
  • Property Sub-Type: Seasonal
  • Tax Year: 2024
  • Twp Number: 64
  • View Type:Pond View: Bay, Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 560
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Microwave
  • Basement Material: N/A
  • Basement Style: Posts
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Spa/Sauna
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Other
  • Bathroom 2: Other
  • Main Residence Features:Family Room4: Deck
  • Bedroom 5: Deck
  • Stories: 1 Story
  • Room 6: Deck
  • Room 8: Other
  • Total Fin Square Footage: 560
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Machine Shed, Sauna
  • Road Frontage: Private, Unpaved
  • Waterfront Access: Private
  • Water Frontage In Feet: 332
  • Waterfront Name: Everett
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Utilities

  • Power Company: Lake Country Power
  • Sewer: Outhouse
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 332 x 391
  • Estimated Number of Acres: 2.47
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High, Rolling
  • Parcel Number: 613-0060-00030
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1834

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Sep 13, 2024
Sold by
Dustin William K and Dustin Susan
Bought by
Vogen Elias and Vogen Erin
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Views
31
Current Estimated Value
$329,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,156
Avg. Annual Appreciation
15.12%
Original Mortgage
$212,000
Outstanding Balance
$174,880
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$154,276
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Vogen Elias $265,000 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vogen Elias $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $265,000 -5.3% $473 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/21/2024 07/21/24 For Sale $279,900 -- $500 / Sq Ft
Source: Lake Superior Area 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 $2,290 $215,700 $151,400 $64,300
2023 $2,290 $172,100 $120,800 $51,300
2022 $1,834 $172,100 $120,800 $51,300
2021 $2,080 $156,500 $110,100 $46,400
2020 $1,980 $157,900 $126,900 $31,000
2019 $1,954 $157,900 $126,900 $31,000
2018 $1,948 $157,900 $126,900 $31,000
2017 $1,958 $157,900 $126,900 $31,000
2016 $2,102 $157,900 $126,900 $31,000
2015 $2,041 $173,700 $140,800 $32,900
2014 $2,041 $173,200 $140,800 $32,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115039

APN: 613006000030

Your Personal Tour Guide

Ask me questions while you tour the home.