$135,000
SOLD DEC 2, 2024

xxx Grant McMahan Blvd Ely, MN 55731

6 Acres
$24,107 Price per Acre
243,936 Sq Ft Lot

Recently Sold

21% Below List Price

183 Days on Market

Highlights

  • Private Waterfront
  • No HOA
  • Elevated Lot
  • Lake View
  • Landscaped with Trees

About This Lot

As of December 2024

Large +-5.6 acre parcel on Shagawa Lake with southern exposure and +-319' of shoreline. The property rises 130' in elevation as you move away from the lake offering amazing views through tree tops. There is a healthy mix of trees including mature pine and a bunch of younger pine as well. Power is at the street, the property is surveyed and there is plenty of room for building a home, garage, septic and any other improvement you may desire.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 04/08/2024

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $490

Lot Details

  • 5.6 Acre Lot
  • Lot Dimensions are 300 x 800
  • Private Waterfront
  • 319 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Landscaped with Trees

Parking

  • No Driveway

Property Views

  • Lake Views

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$490

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Grant McMahan on the north side of Shagawa Lake.
  • L O1 Office Phone1 Number: 218-365-3665
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 24107.14
  • RdBtwnWtrfrnt: Yes
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: Residential
  • Tax Year: 2024
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 319
  • Waterfront Name: Shagawa

Garage/Parking

  • Parking Driveway: None

Utilities

  • Available Utilities: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-04-08
  • Estimated Lot Dimensions: 300 x 800
  • Estimated Number of Acres: 5.6
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 490

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $135,000 -66.3% --
10/08/2024 10/08/24 Pending -- -- --
09/22/2024 09/22/24 For Sale $400,000 +135.4% --
04/08/2024 04/08/24 For Sale $169,900 +6.2% --
06/23/2022 06/23/22 Sold $160,000 +72.0% --
02/02/2022 02/02/22 Pending -- -- --
11/30/2021 11/30/21 Sold $93,000 +190.6% --
10/25/2021 10/25/21 Sold $32,000 -72.4% --
09/28/2021 09/28/21 Pending -- -- --
09/12/2021 09/12/21 Pending -- -- --
08/11/2021 08/11/21 Sold $116,000 -27.0% --
06/29/2021 06/29/21 For Sale $159,000 +17.8% --
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $135,000 +45.2% --
04/08/2021 04/08/21 For Sale $93,000 +190.6% --
02/04/2019 02/04/19 For Sale $32,000 -41.8% --
10/29/2018 10/29/18 Sold $55,000 -15.4% --
01/11/2018 01/11/18 For Sale $65,000 +85.7% --
01/30/2013 01/30/13 Sold $35,000 -- --
12/26/2012 12/26/12 Pending -- -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112994