NOT LISTED FOR SALE

1185 Ring Rock Rd Ely, MN 55731

Estimated Value: $473,000 - $844,000

2 Beds
1 Bath
1,760 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2017

Last sale price $280,000 $159 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,740 / mo

20 Days on Market

Highlights

  • 260 Feet of Waterfront
  • Bay View
  • Finished Attic
  • Memorial High School Rated 9+
  • Wood Flooring
  • Loft

About This Home

As of May 2017

Mature 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.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC License #MN 20587769 Listed on: 03/31/2017

Last Buyer's Agent

Karen Zupancich

Edina Realty - Ely

Edina Realty - Ely

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

  • Multi-Level Property
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1998

Lot Details

2 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North of Ely on State Highway 169 to right on the Kawishi Trail, 4 miles to Right on the Sunset road, 4 miles to right on Ring Rock Road to 1185.
  • L O1 Office Phone1 Number: 218-365-8689
  • Road Maintenance: Private, Public
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake, Bay
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Drywalls, Panelled Walls
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1084
  • Below Grade Finished Sq Ft: 676
  • Garage Type: None
  • Heat: Baseboard, Fireplace, Propane, Electric
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1998
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Attic Rm-Finish, Enclosed Porch, Family/Rec, Sunrm/Solarium
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Loft
  • Stories: 1.25 - 1.75 Story
  • Room 6: 3 Season Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1760
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Private, Unpaved
  • Water Frontage In Feet: 260
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 260 x 428
  • Estimated Number of Acres: 2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Tree Coverage - Medium, High, Rolling, BWCA Area
  • Parcel Number: 465-0208-00020
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2858

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 26, 2017
Sold by
Bought by
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
Current Estimated Value
$633,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,942
Avg. Annual Appreciation
9.43%
Original Mortgage
$224,000
Outstanding Balance
$108,376
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$525,566
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Northeast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $224,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,790 $381,600 $243,000 $138,600
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

    41 Total Sales

    Jerry Fink
    Section Image

  • K

    Buyer's Agent in 2017

    Karen Zupancich

    Edina Realty - Ely

    (218) 349-2565

    16 Total Sales

    Karen Zupancich
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027761

APN: 465020800020

Minnesota St Louis County Ely 55731

1185 Ring Rock Rd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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