NOT LISTED FOR SALE

3943 Wolf Lake Rd Ely, MN 55731

Estimated Value: $295,327 - $396,000

1 Bed
-- Bath
324 Sq Ft
$1,065/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $172,500 $532 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,952/month

172 Days on Market

Highlights

  • 230 Feet of Waterfront
  • 43 Acre Lot
  • Beamed Ceilings
  • River View
  • Vaulted Ceiling
  • Log Cabin

About This Home

As of December 2017

Ultimate end of the the road privacy with everything you could ask for. This +-43 acres parcel has a 12 x 18 log cabin with a loft and screen porch overlooking Moccasin Lake. The +-230' of shoreline on Moccasin leads to a small rapids and cascading stream that flows into Tamarack Creek. The stream and +-2,000' of the creek flows through the property on it's way to Burntside Lake. Little Lost Lake is an added bonus, with a beautiful lake view and another +-700' of shoreline that also connects to Tamarack Creek. This gated property is in a remote wilderness are with pine covered ridges and good year round road access. A quarter mile hike through county land and your in the BWCAW with miles of wilderness to explore. There is an additional 37 acres available.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 04/10/2017

Last Buyer's Agent

Phil Hyde

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 2010

Lot Details

  • 43 Acre Lot
  • Lot Dimensions are 1320 x 1420
  • 230 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Lot Has A Rolling Slope
  • Many Trees

Parking

  • No Garage

Property Views

  • River
  • Lake

Home Design

  • Log Cabin
  • Pillar, Post or Pier Foundation
  • Log Siding

Interior Spaces

  • 1 Bedroom
  • 324 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Fireplace

Outdoor Features

  • Outhouse
  • Porch

Utilities

  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 652-0010-05300 & 05331

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Wolf Lake Road to gate. Once through gate (get key) go about 1/4 mile to driveway on right. Follow signs to cabin.
  • L O1 Office Phone1 Number: 218-365-3665
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Association, Private
  • ShorelineCharacteristics: Rocky, Undeveloped
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake, River
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork, Skylight, Vaulted Ceilings, Beamed Ceilings
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 324
  • Garage Type: None
  • Heat: Wood
  • TotalBedrooms: 1
  • Year Built: 2010
  • Level 1 Bedroom: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None, Posts
  • Fireplace: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 324

Exterior Features

  • Water Frontage In Feet: 230
  • Waterfront Name: Moccasin
  • Construction Status: Previously Owned
  • Exterior: Log

Utilities

  • Power Company: Other
  • Sewer: None, Outhouse
  • Water: None

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1320 x 1420
  • Estimated Number of Acres: 43
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High, Rolling
  • Parcel Number: 652-0010-05300 & 05331
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Dec 12, 2017
Sold by
Toddle Steven C and Toddfie Jennifer R
Bought by
Madore Francis E and Madore Kari L
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Phil Hyde
Bear Island Land Co., Inc
List Price
$172,500
Sold Price
$172,500
Current Estimated Value
$345,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,582
Avg. Annual Appreciation
8.95%
Original Mortgage
$120,750
Outstanding Balance
$64,993
Interest Rate
3.24%
Mortgage Type
New Conventional
Estimated Equity
$280,089

Purchase Details

Closed on
Dec 12, 2008
Sold by
Big Pine Land Company Llc
Bought by
Toddie Steven C and Toddie Jennifer R

Purchase Details

Closed on
Jun 18, 2008
Sold by
Potlatch Forest Holdings Inc
Bought by
Big Pine Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
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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Purchase History

Date Buyer Sale Price Title Company
Madore Francis E $172,500 Northeast Title Company
Toddie Steven C $169,000 Ne Title Co
Big Pine Land Co Llc $315,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madore Francis E $120,750
Previous Owner Big Pine Land Co Llc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2017 12/12/17 Sold $172,500 0.0% $532 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $172,500 -- $532 / 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
2024 $1,768 $185,500 $156,000 $29,500
2023 $1,768 $170,800 $141,700 $29,100
2022 $1,820 $155,400 $128,900 $26,500
2021 $1,804 $152,800 $128,900 $23,900
2020 $1,832 $152,800 $128,900 $23,900
2019 $1,108 $152,800 $128,900 $23,900
2018 $1,122 $95,700 $81,400 $14,300
2017 $1,144 $95,700 $81,400 $14,300
2016 $1,094 $95,700 $81,400 $14,300
2015 $1,108 $95,700 $81,400 $14,300
2014 $1,108 $95,700 $81,400 $14,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6028004

APN: 652001005300