NOT LISTED FOR SALE

3662 Everett Lake Ln Ely, MN 55731

Estimated Value: $359,000 - $478,000

3 Beds
2 Baths
1,248 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $335,000 $268 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,553/month

194 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Bay View
  • Memorial High School Rated 9+
  • Beach Access
  • Deck

About This Home

As of April 2024

Everett Lake Seasonal Cabin. Perched high on top of ancient Northern Minnesota Ledgerock, overlooking peaceful Everett Lake, sits this sturdy 3 bedroom, 2 bathroom seasonal cabin. 3.5 acres and 350 feet of rugged shoreline that provides a private boat launch as well as room for parking vehicles, toys or a picnic area. Easy and comfortable open floor plan with the kitchen, dining room and living room all in one. Wood burning stove in the living room. Knotty pine tongue and groove throughout providing that up north cabin vibe. Each room is heated by an energy saving off peak Stiebel Eltron electric room heater for those chilly spring and fall mornings and evenings. Enjoy BBQ's and other social events on the 12' x 24' lakeside deck. Plenty of outside storage in the two sheds close to the cabin and one storage shed down by the private boat launch. Ssshhh - Everett Lake is full of fish, but don't tell anyone.. Don't miss this wonderful opportunity to buy your peaceful piece of paradise on the lake in Ely. Call now for your showing.

Last Agent to Sell the Property

Jim Burke

Keller Williams Classic Realty NW Listed on: 08/04/2023

Keller Williams Classic Realty NW

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW Listed on: 08/04/2023

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1992

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 560 x 540 x 350 x 355
  • Private Waterfront
  • 350 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Irregular Lot
  • Many Trees

Property Views

  • Bay
  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Woodwork
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Dual Heating Fuel
  • Heating System Uses Wood
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Mound Septic
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 613-0060-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely - East on Sheridan to Grant McMahan, turn Left and go 2.3 mile to Echo Trail, Turn right onto Echo Trail and go 6.9 miles to Everett Lake LN, Turn right and its the first cabin on the left. 3662 Everett Lake Ln
  • InternetOptions: Satellite
  • Waterfront Info Lake Maximum Depth: 15
  • L O1 Office Phone1 Number: 218-276-5495
  • List Price/ Sq Ft: 268.43
  • Road Maintenance: Private
  • ShorelineCharacteristics: Gravel, Rocky, Sand, Shore-Accessible, Elevation-Low, Elevation-Medium, Elevation-High, Shore-Vegetation, Shore-Cliff
  • Property Sub-Type: Seasonal
  • Tax Year: 2023
  • View Type:Pond View: Inland Lake, Bay, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork, Tiled Floors, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Porch, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1248
  • Garage Type: None
  • Heat: Dual Fuel/Off Peak, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1992
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Deck
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1248
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 113
  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 350
  • Waterfront Name: Everett
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-08-07
  • Estimated Lot Dimensions: 560 x 540 x 350 x 355
  • Estimated Number of Acres: 3.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy, High
  • Parcel Number: 613-0060-00040
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Apr 5, 2024
Sold by
Diehl Allison
Bought by
Steinhoff David Maurice and Steinhoff Jessica Lee
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Jim Burke
Keller Williams Classic Realty NW
List Price
$333,999
Sold Price
$335,000
Premium/Discount to List
$1,001
0.3%
Views
7
Current Estimated Value
$415,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,581
Avg. Annual Appreciation
17.17%
Original Mortgage
$229,000
Outstanding Balance
$226,326
Interest Rate
7.48%
Mortgage Type
New Conventional
Estimated Equity
$189,255

Purchase Details

Closed on
Oct 28, 2003
Sold by
B & B Construction Co Inc
Bought by
Diehl Allison
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Steinhoff David Maurice $335,000 Northeast Title Company
Diehl Allison $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinhoff David Maurice $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $335,000 +0.3% $268 / Sq Ft
08/04/2023 08/04/23 For Sale $333,999 -- $268 / 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
2023 $3,688 $225,800 $126,500 $99,300
2022 $2,642 $225,800 $126,500 $99,300
2021 $2,780 $205,400 $115,700 $89,700
2020 $2,652 $211,100 $129,100 $82,000
2019 $2,622 $211,100 $129,100 $82,000
2018 $2,616 $211,100 $129,100 $82,000
2017 $2,628 $211,100 $129,100 $82,000
2016 $2,752 $211,100 $129,100 $82,000
2015 $2,691 $226,200 $144,500 $81,700
2014 $2,691 $226,200 $144,500 $81,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109858

APN: 613006000040