Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
172 Total Sales
3
Beds
1
Bath
1,872
Sq Ft
2.9
Acres
Highlights
- Private Waterfront
- Beach Access
- Deck
- Docks
- Panoramic View
- Vaulted Ceiling
About This Home
As of July 2025Located on Eagles Nest Lake 3, is this year around cabin/home with 2.9 acres and 400 feet of beautiful shoreline! South facing and in a bay with a sand beach on this crystal clear lake that has a large amount of shoreline preserved in a state park! Home has 3 bedrooms and 1 bath, and a full finished walk out lower level. The main floor has a gorgeous kitchen with lots of counter space, custom cabinets that opens right to the dining area and living room all with stunning views of this lakeshore paradise. Also the primary bedroom and 3/4 bath. The lower level has a huge family room, 2 more bedrooms, and the large utility room. Level yard right to the lake, with roll in dock. Nice 12x12 storage building closer to the lake. Property has a very private lakeshore area and also goes out to the point! Present owner uses the property as their year around cabin getaway lake place.. but you could also live here year around. Heat is 3 separate propane units on thermostats and some electric heat. Large deck off the main floor has great lake views! Drilled well, septic with mound system. Comes mostly furnished. This is a wonderful ready to move into lakeshore property located near Ely, Lake Vermilion, Bear Head Lake State Park, and the Boundary Waters!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,886
Year Built
- Built in 1976
Lot Details
- 2.9 Acre Lot
- Lot Dimensions are 750' x 185'
- Private Waterfront
- 400 Feet of Waterfront
- Lake Front
- Elevated Lot
- Level Lot
- Unpaved Streets
- Landscaped with Trees
Property Views
- Lake
- Panoramic
Home Design
- Ranch Style House
- Concrete Foundation
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- Woodwork
- Paneling
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Free Standing Fireplace
- Double Pane Windows
- Wood Frame Window
- Family Room
- Living Room
- Dining Room
- Open Floorplan
- Lower Floor Utility Room
- Utility Room
Kitchen
- Breakfast Bar
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 1 Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Bedroom in Basement
- Recreation or Family Area in Basement
Parking
- No Garage
- Off-Street Parking
Outdoor Features
- Beach Access
- Docks
- Deck
- Storage Shed
Utilities
- No Cooling
- Heating System Uses Propane
- Radiant Heating System
- Baseboard Heating
- Drilled Well
- Electric Water Heater
- Fuel Tank
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 317-0210-00100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Jul 16, 2025
Sold by
Krenelka Mark T and Krenelka Susan M
Bought by
Willer Erik D and Willer Molly G
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Beth Ohlhauser
Bear Island Realty LLC
List Price
$579,000
Sold Price
$569,000
Premium/Discount to List
-$10,000
-1.73%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Purchase Details
Listed on
Jun 29, 2012
Closed on
Jun 29, 2012
Sold by
Burns Dennis Jerome and Burns Barbara J
Bought by
Krenelke Mark T and Krenelke Susan M
Seller's Agent
Wesley Crawford
Wildwoods Land Company
Buyer's Agent
Wesley Crawford
Wildwoods Land Company
List Price
$252,000
Sold Price
$252,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$201,600
Interest Rate
3.64%
Mortgage Type
New Conventional
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 | $569,000 | Northeast Title | |
| Warranty Deed | $252,000 | Ne Ely |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $201,600 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Sold | $569,000 | -1.7% | $304 / Sq Ft |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $579,000 | +129.8% | $309 / Sq Ft |
| 06/29/2012 06/29/12 | Sold | $252,000 | 0.0% | $250 / Sq Ft |
| 06/29/2012 06/29/12 | For Sale | $252,000 | -- | $250 / Sq Ft |
| 05/25/2012 05/25/12 | Pending | -- | -- | -- |
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 | $3,886 | $319,600 | $146,000 | $173,600 |
| 2022 | $3,242 | $311,300 | $146,000 | $165,300 |
| 2021 | $3,160 | $264,500 | $146,000 | $118,500 |
| 2020 | $3,290 | $264,500 | $146,000 | $118,500 |
| 2019 | $2,980 | $270,700 | $146,000 | $124,700 |
| 2018 | $3,070 | $247,000 | $133,800 | $113,200 |
| 2017 | $2,674 | $246,900 | $133,700 | $113,200 |
| 2016 | $2,894 | $218,900 | $120,200 | $98,700 |
| 2015 | $3,481 | $264,500 | $176,800 | $87,700 |
| 2014 | $3,481 | $280,800 | $187,500 | $93,300 |
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
66 Total Sales
-
Beth Ohlhauser
B
Buyer's Agent in 2025
Beth Ohlhauser
Bear Island Realty LLC
(218) 235-1676
15 Total Sales
-
W
Seller's Agent in 2012
Wesley Crawford
Wildwoods Land Company
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6119709
APN: 317021000100
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