NOT LISTED FOR SALE

50 W Shagawa Rd Ely, MN 55731

Estimated Value: $15,287 - $371,000

0.1 Acres
$1,143,220 Price per Acre
4,356 Sq Ft Lot

Sale Details

Date Sold: January 26, 2022

Last sale price $12,000

Est. 853% increase in value since last sale

Current estimated payment $627 / mo

57 Days on Market

Highlights

  • Level Lot
  • Memorial High School Rated 9+
  • 5-minute walk to Semer Park

About This Lot

As of January 2022

This undeveloped lot is just a few blocks from downtown Ely. The 60' x 75' lot is located near the end of newly paved W. Shagawa Road and has city water and sewer at the street. It is in a wooded area with state and city property across the street. What a great location for your new home. Walk out your front door and across the street to access to the Trezona Hiking and Mesabi Bike Trails.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 10/12/2021

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $138

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60 x 75
  • Level Lot

Utilities

  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$138

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: LOT/LAND
  • Directions: Vacant lot on left side of W. Shagawa Road near the end.
  • L O1 Office Phone1 Number: 218-365-3665
  • Renewal Options: Sell Entirely
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: City

Utilities

  • Available Utilities: City Water, City Sewer, Electric, Telephone
  • On Site Utilities: City Water, City Sewer
  • Power Company: City Of Ely

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 60 x 75
  • Estimated Number of Acres: 0.1
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 138

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jan 26, 2022
Sold by
Bought by
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$12,000
Sold Price
$12,000
Current Estimated Value
$114,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,322
Avg. Annual Appreciation
66.72%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$12,000 Northeast Title
$7,000 Northeast Title Company
-- None Available
$7,000 Northeast Title Company
$8,251 --
$6,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $12,000 0.0% --
12/08/2021 12/08/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $12,000 -- --
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $132 $6,500 $6,500 $0
2023 $132 $6,300 $6,300 $0
2022 $124 $5,900 $5,900 $0
2021 $138 $5,400 $5,400 $0
2020 $126 $5,400 $5,400 $0
2019 $124 $5,400 $5,400 $0
2018 $172 $5,400 $5,400 $0
2017 $182 $7,600 $7,600 $0
2016 $168 $7,600 $7,600 $0
2015 $174 $7,600 $7,600 $0
2014 $174 $7,600 $7,600 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    25 in this area

    142 Total Sales

    Chris Eilrich
    Section Image
  • Kate Davies

    Buyer's Agent in 2022

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    47 in this area

    155 Total Sales

    Kate Davies
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100171

APN: 030033000310

Minnesota St Louis County Ely 55731

50 W Shagawa Rd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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