NOT LISTED FOR SALE

1171 Ring Rock Rd Ely, MN 55731

Estimated Value: $658,000 - $1,018,000

4 Beds
4 Baths
3,390 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $681,150 $201 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,019/month

8 Days on Market

Highlights

  • 153 Feet of Waterfront
  • Guest House
  • Multiple Garages
  • Memorial High School Rated 9+
  • Sauna
  • Lake View

About This Home

As of May 2018

This modern Timber Frame Home offers sunset views of White Iron Lake and is surrounded by towering pines. Inside, is an open floor plan with vaulted ceilings, exposed beams, hardwood floors, large panoramic windows, and multiple entertaining spaces await! Spend winter evenings curled up by the fireplaces, and as summer heats up enjoy bonfires on a custom slate rock patio or water activities swimming, walleye fishing or kayaking chain of lakes with Boundary Water Canoe Area access. Separate guest cabin has 1 bed and 1 bath.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 04/10/2018

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 2005

Lot Details

  • 3.1 Acre Lot
  • 153 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Street terminates at a dead end
  • Sprinkler System
  • Many Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sauna
  • Home Gym
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry on main level
  • 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
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 4 Car Garage
  • Multiple Garages
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Dual Heating Fuel
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer

Additional Features

  • Deck
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 465-0225-00140, 465-0222-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,910

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East from Ely on Highway #169 to Kawishiwi Trail, South to Sunset Road. Sunset Road turns into Ringrock Road and home is located near end of Ringrock Road on right side.
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Inground Spinkler System
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1905
  • Below Grade Finished Sq Ft: 1485
  • Garage Type: Attached, Detached, Multiple
  • Heat: Baseboard, Dual Fuel/Off Peak, In Floor, Propane, Electric
  • Fireplaces: 3
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Bedroom
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 4
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Fireplace
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 2
  • Bathroom Description: 3/4 Master, Private Master
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, Pantry
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Family Room
  • Room 8: Rec Room
  • Room 9: Fitness Room
  • Total Bathrooms: 4
  • Total Fin Square Footage: 3390
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Guesthouse
  • Road Frontage: County, Dead End/No Outlet
  • Water Frontage In Feet: 153
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 4

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 215 x 435 & 175 x 255
  • Estimated Number of Acres: 3.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, High, BWCA Area
  • Parcel Number: 465-0225-00140, 465-0222-00010
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2022
Sold by
Renaissance Llc
Bought by
Thomas Matthew R and Thomas Kris Gotheridge
Current Estimated Value
$836,359

Purchase Details

Closed on
Nov 18, 2022
Sold by
Thomas Matthew R and Thomas Kris Gotheridge
Bought by
Thomas Matthew R and Thomas Kris Gotheridge

Purchase Details

Closed on
Mar 19, 2021
Sold by
Thomas Matthew and Thomas Kris
Bought by
Renaissance Llc

Purchase Details

Closed on
Oct 22, 2020
Sold by
Renaissance Llc
Bought by
Thomas Matthew and Thomas Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 24, 2018
Sold by
Thomas Matthew and Thomas Kris
Bought by
Renaissance Llc
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$681,150
Sold Price
$681,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$510,682
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 23, 2018
Sold by
Thorsop Ronald A
Bought by
Thomas Matthew R and Thomas Kris G
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$681,150
Sold Price
$681,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,682
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Thorson Ronald A and Thorson Linda G
Bought by
The Trustee Of The Linda G Thorson Trust

Purchase Details

Closed on
Dec 29, 2004
Sold by
Thorson Ronald A
Bought by
Thorson Ronald A and Thelke Linda G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Thomas Matthew R $500 None Listed On Document
Thomas Matthew R -- None Listed On Document
Renaissance Llc -- Burnet Title
Thomas Matthew -- Burnet Title
Renaissance Llc -- None Available
Thomas Matthew R $681,151 Northeast Title Company
The Trustee Of The Linda G Thorson Trust -- None Available
The Trustee Of The Ronald A Thorson Rest -- None Available
Thorson Ronald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Matthew $477,000
Previous Owner Thomas Matthew R $510,682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $681,150 0.0% $201 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $681,150 -- $201 / 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 $7,796 $764,500 $175,300 $589,200
2023 $7,796 $689,100 $167,100 $522,000
2022 $6,898 $689,100 $167,100 $522,000
2021 $6,348 $524,800 $128,700 $396,100
2020 $6,004 $524,800 $128,700 $396,100
2019 $4,982 $524,800 $128,700 $396,100
2018 $4,658 $447,000 $121,800 $325,200
2017 $4,640 $421,000 $116,500 $304,500
2016 $5,370 $421,000 $116,500 $304,500
2015 $5,391 $495,800 $136,300 $359,500
2014 $5,391 $495,800 $136,300 $359,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    148 Total Sales

    Chris Eilrich
    Section Image
  • Norma Jean Jofs

    Buyer's Agent in 2018

    Norma Jean Jofs

    Next Door Realty

    (218) 780-2860

    403 Total Sales

    Norma Jean Jofs
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6074091

APN: 465022500140

Minnesota St Louis County Ely 55731

1171 Ring Rock Rd, Ely, MN

Not Listed for Sale

Detached

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