NOT LISTED FOR SALE

555 Fernberg Rd Ely, MN 55731

Estimated Value: $154,000 - $200,000

1 Bed
1 Bath
256 Sq Ft
$710/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $120,000 $469 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,047/month

121 Days on Market

Highlights

  • Spa
  • Main Floor Primary Bedroom
  • Landscaped with Trees
  • Deck
  • Wood Frame Window
  • 1-Story Property

About This Home

As of October 2021

The "Triple Nickle" is available! This camper and fisherman's dream location can now be yours! On 9+ acres of land, close to many lakes and the BWCA. Make this your jumping off spot for adventures and stories and memories galore! This tiny cabin is adorable and has been in the family for many years to come! Trails throughout the property, wildlife a plenty! Cozy nights in the living room, quaint kitchen, and the bedroom is large enough for two sets of bunks or a kingsize bed! Your choice! Sauna is ready to go when you need it, and an outhouse that fits right in with the setting. This is one you want to see - it quite possibly could check of all those boxes on your checklist for your new Ely Property!

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty Listed on: 05/12/2021

Last Buyer's Agent

Julian Rasmusson

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1990

Lot Details

  • 9 Acre Lot
  • Lot Dimensions are 650x660
  • Elevated Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 256 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Combination Dining and Living Room

Outdoor Features

  • Spa
  • Deck
  • Outhouse

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 28-6311-21260

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Fernberg Rd to fire number on left. Right before fall lake camp ground
  • L O1 Office Phone1 Number: 218-827-2288
  • List Price/ Sq Ft: 468.75
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 63
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 256
  • Garage Type: None
  • Heat: Propane
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Deck
  • Bedroom 5: Spa/Sauna
  • Stories: 1 Story
  • Total Fin Square Footage: 256
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Utilities

  • Power Company: Lake Country Power
  • Sewer: Outhouse
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-05-12
  • Estimated Lot Dimensions: 650x660
  • Estimated Number of Acres: 9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High, Rolling
  • Parcel Number: 28-6311-21260

Tax Info

  • Tax Amount: 788.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Oct 6, 2021
Sold by
Quast-Blyton Laura L
Bought by
Gorman Timothy J
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Julian Rasmusson
Z' Up North Realty
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$181,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,759
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
May 16, 2007
Sold by
Quast Blyton Laura L and Quast Glen A
Bought by
Quast Blyton Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gorman Timothy J $120,000 None Available
Quast Blyton Laura L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quast Blyton Laura L $75,000
Previous Owner Quast Blyton Laura L $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $120,000 0.0% $469 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $120,000 -- $469 / 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 $666 $184,500 $58,400 $126,100
2023 $602 $162,600 $58,400 $104,200
2022 $805 $133,200 $58,400 $74,800
2021 $788 $92,800 $57,800 $35,000
2020 $904 $75,900 $55,600 $20,300
2019 $907 $81,600 $61,300 $20,300
2018 $918 $95,400 $61,300 $34,100
2017 $959 $95,800 $61,300 $34,500
2016 $964 $101,500 $70,100 $31,400
2015 $965 $102,400 $71,000 $31,400
2014 $965 $0 $0 $0
2013 $733 $0 $0 $0
2012 $930 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Zupancich

    Seller's Agent in 2021

    Andrea Zupancich

    Z' Up North Realty

    (218) 749-0159

    468 Total Sales

    Andrea Zupancich
    Section Image
  • Julian Rasmusson

    Buyer's Agent in 2021

    Julian Rasmusson

    Z' Up North Realty

    (651) 270-8911

    96 Total Sales

    Julian Rasmusson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096708

APN: 28-6311-21260

Minnesota Lake County Ely 55731

555 Fernberg Rd, Ely, MN

This home is located at 555 Fernberg Rd, Ely, MN 55731 since 12 May 2021 and is currently estimated at $181,759, approximately $709 per square foot. This property was built in 1990. 555 Fernberg Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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