Estimated Value: $437,000 - $785,000
2
Beds
1
Bath
1,760
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- 260 Feet of Waterfront
- Wood Flooring
- Loft
- Bay View
- Finished Attic
- Sun or Florida Room
About This Home
As of May 2017Mature Norway Pine studded 260 feet of White Iron Lake shore just south of Ring Rock offers a nice 26 x 26 modern cabin that is well suited to three seasons. This cabin is a four season possibility with a well and the addition of a furnace. There is currently a newer septic system and has a lake water system in use. The home sits on a full basement with walkout. The main floor walk in leads to the living area, with excellent lake views and beautiful sunsets from it's western exposure. A comfortable lakeside three season porch just off the kitchen area is done in knotty pine allows for relaxation and comfort. There is a full bath and bedroom on the mail floor. The spacious loft extends the bedroom or recreation areas of the cabin. A dock is provided with an easy roll out at the end of the season. Fishing is excellent from the dock or the ring rock area. It is just a short boat ride to the river feeding White Iron and another excellent place to fish and explore. A very private spot.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,858
Year Built
- Built in 1998
Lot Details
- 2 Acre Lot
- Lot Dimensions are 260 x 428
- 260 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Property fronts a county road
- Elevated Lot
- Lot Has A Rolling Slope
- Unpaved Streets
- Many Trees
Property Views
- Bay
- Lake
Home Design
- Cabin
- Concrete Foundation
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Paneling
- Ceiling Fan
- Gas Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Loft
- Sun or Florida Room
- Wood Flooring
- Finished Attic
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- No Garage
- Off-Street Parking
Outdoor Features
- Enclosed patio or porch
Utilities
- No Cooling
- Heating System Uses Propane
- Baseboard Heating
- Private Water Source
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 465-0208-00020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2017
Closed on
May 26, 2017
Sold by
Anderson Daniel W and Anderson Lucille A
Bought by
Sherrill Bradley M and Sherrill Carolyn J
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Karen Zupancich
Edina Realty - Ely
List Price
$280,000
Sold Price
$280,000
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,223
Avg. Annual Appreciation
9.19%
Original Mortgage
$224,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Similar Homes in Ely, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherrill Bradley M | $280,000 | Northeast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherrill Bradley M | $217,500 | |
| Closed | Sherrill Bradley M | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2017 05/26/17 | Sold | $280,000 | 0.0% | $159 / Sq Ft |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- |
| 03/31/2017 03/31/17 | For Sale | $280,000 | -- | $159 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,602 | $370,600 | $231,300 | $139,300 |
| 2022 | $1,549 | $351,300 | $231,300 | $120,000 |
| 2021 | $3,202 | $267,600 | $176,600 | $91,000 |
| 2020 | $3,020 | $267,600 | $176,600 | $91,000 |
| 2019 | $3,062 | $267,600 | $176,600 | $91,000 |
| 2018 | $2,900 | $273,100 | $194,100 | $79,000 |
| 2017 | $2,918 | $259,400 | $185,400 | $74,000 |
| 2016 | $3,390 | $259,400 | $185,400 | $74,000 |
| 2015 | $3,444 | $305,000 | $217,700 | $87,300 |
| 2014 | $3,444 | $305,000 | $217,700 | $87,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Fink
Seller's Agent in 2017
Jerry Fink
Canoe Capital Realty, LLC
(218) 343-1318
63 Total Sales
-
Karen Zupancich
K
Buyer's Agent in 2017
Karen Zupancich
Edina Realty - Ely
(218) 349-2565
23 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6027761
APN: 465020800020
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