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Sold for $759,000
  • $759,000

    1876 Grant McMahan Blvd, Ely, MN 55731

    3beds
    2,360sqft
    Single Family Residence
    Built in 1998
    2.7 Acres Lot
    $811,300 Zestimate®
    $322/sqft
    $2,407 Estimated rent

    Home value

    $811,300

    $771,000 - $852,000

    $2,407/mo

    Zestimate® history
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    What's special

    Contemporary comfortOutdoor fire pitButcher block islandCorian countersJacuzzi tubWood accentsHard wood floors
    Welcome to 1876 Grant. This 3bed, 2bath log home is nestled on 2.7 acres (1.5 across bay) with 778ft of shoreline on Shagawa Lake. The home is a perfect blend of rustic & contemporary comfort, providing a destination for nature lovers just minutes from Ely. 1876 Grant is loaded with wood accents & quality craftsmanship including: hand built banisters & steps, Corian counters, hard wood floors, & a butcher block island. Additional features include a jacuzzi tub, main bedroom, upper bedroom balcony & outdoor sauna. The cabin was designed with the outdoors in mind. Wall to wall sliding glass doors take you to a wrap around deck & beautiful sloping steps down to 325ft of shoreline + 453ft across the bay = 778ft. The dock, sauna & outdoor fire pit ensure an abundance of memories made in Minnesota paradise. *This is a successful VRBO approved by the city & county with bookings into 2024 - check out the listing on VRBO for more info property ID 2448122*

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Hoefler 773-318-2989,

    Side by Side Realty, LLC,

    Andrew Hoefler 773-314-3164,

    Side by Side Realty, LLC

    Bought with:

    Nonmember NONMEMBER

    Nonmember Office

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6112633MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    Bedroom
    • Level: Basement
    Bathroom
    • Level: Main
    Bathroom
    • Level: Second
    Deck
    • Level: Main
    Family room
    • Level: Basement
    Kitchen
    • Level: Main
    Laundry
    • Level: Basement
    Living room
    • Level: Main
    Loft
    • Level: Second
    Office
    • Level: Second
    Utility room
    • Level: Basement
    Heating
    • Baseboard, Fireplace(s), Forced Air, Wood, Electric
    Features
    • Basement: Full
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,360 sqft
    • Finished area above ground: 1,380
    • Finished area below ground: 980

    Property

    Parking
    • Total spaces: 530
    • Parking features: Detached
    • Garage spaces: 530
    Features
    • On waterfront: Yes
    • Waterfront features: Inland Lake, Waterfront Access(Private)
    • Body of water: Shagawa
    • Frontage length: 325
    Lot
    • Size: 2.7 Acres
    • Dimensions: 325 x 180 x 325 x 190
    Details
    • Foundation area: 1000
    • Parcel number: 465002002956

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Home
    • Foundation: Concrete Perimeter
    Condition
    • Previously Owned
    • Year built: 1998

    Utilities & green energy

    • Electric: City Of Ely
    • Sewer: Mound Septic
    • Water: Drilled

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $322/sqft
    • Tax assessed value: $657,700
    • Annual tax amount: $3,598
    • Date on market: 3/13/2024
    • Cumulative days on market: 172 days

    Price history

    DateEventPrice
    10/2/2024Sold$759,000-2.6%$322/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112633 Report a problem
    9/2/2024Contingent$779,000$330/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112633 Report a problem
    3/12/2024Listed for sale$779,000-18%$330/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6502456 Report a problem
    1/27/2024Listing removed--
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111987 Report a problem
    1/19/2024Listed for sale$949,900+222%$403/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6111987 Report a problem
    6/27/2014Sold$295,000-7.5%$125/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2149906 Report a problem
    3/19/2014Listed for sale$319,000-24.9%$135/sqft
    Source: Bear Island Land Co., Inc #6002071 Report a problem
    10/17/2012Listing removed$425,000$180/sqft
    Source: Bear Island Land Co., Inc #26580 Report a problem
    10/11/2012Listed for sale$425,000+25.4%$180/sqft
    Source: Bear Island Land Co., Inc #26580 Report a problem
    7/13/2012Listing removed$339,000$144/sqft
    Source: Wildwoods Land Company #30463 Report a problem
    8/24/2011Price change$339,000-15%$144/sqft
    Source: Wildwoods Land Company #30463 Report a problem
    2/22/2011Listed for sale$399,000-0.3%$169/sqft
    Source: BWCA Real Estate #29472 Report a problem
    9/29/2010Sold$400,000-5.9%$169/sqft
    Source: Public Record Report a problem
    6/26/2010Listing removed$425,000$180/sqft
    Source: BWCA Real Estate #28530 Report a problem
    12/5/2009Price change$425,000+9%$180/sqft
    Source: Charlie Chernak #129003090 Report a problem
    9/13/2009Price change$390,000-2.5%$165/sqft
    Source: Charlie Chernak #130000052 Report a problem
    8/16/2009Listed for sale$400,000$169/sqft
    Source: Charlie Chernak #130000052 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,016 +39.4%$657,700 +52.1%
    2023$3,598 +12.9%$432,300 +15.3%
    2022$3,186 +0.7%$374,800 +21.5%
    2021$3,164 $308,400
    2020$3,164 $308,400
    2019$3,164 +11.9%$308,400 +6.6%
    2018$2,828 -7.2%$289,400
    2017$3,046 +7.7%$289,400 +7.5%
    2016$2,828 +10.7%$269,100 -8.6%
    2015$2,554 -15.8%$294,400 -6.3%
    2014$3,032 -10.7%$314,300 -6.3%
    2013$3,397 +1%$335,600 -4.1%
    2012$3,362 +42.3%$350,000 +17.4%
    2011$2,363 -8.7%$298,000 -3.4%
    2010$2,587 $308,600
    2009$2,587 -6.8%$308,600 +2.2%
    2008$2,776 +7.6%$302,100 +15%
    2007$2,581 +41.1%$262,700 +15%
    2006$1,829 -29.9%$228,400 +32.3%
    2004$2,609 +9.9%$172,700 +12%
    2003$2,374 +12.4%$154,200 +10%
    2002$2,111 +15.9%$140,200 +37.5%
    2001$1,822 +5.9%$102,000 +9.2%
    2000$1,721 $93,400
    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

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