NOT LISTED FOR SALE

122 Old Airport Rd Ely, MN 55731

Estimated Value: $686,000 - $838,000

2 Beds
1.5 Baths
1,700 Sq Ft
$448/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $425,000 $250 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,503/month

140 Days on Market

Highlights

  • 135 Feet of Waterfront
  • Heated Floors
  • Lake, Pond or Stream
  • Panoramic View
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of July 2018

Price Reduced! Just 4 miles from Ely, this immaculate open concept 2+ bedroom home has many fine features including in-floor heat, metal roof, all season sun room, and gas fireplace. The level lot features picturesque pine tree coverage, southern exposure with rocky shoreline and natural landscaping. Oversized 2-car garage and storage shed. This premier, sought-after lake is part of a chain of lakes with direct access into the BWCAW. Motivated Seller! *SLLS*

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 02/09/2018

Last Buyer's Agent

Jim Burke

Keller Williams Classic Realty NW

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,466

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 290 x 145
  • 135 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Sun or Florida Room
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6211-06320, 06400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,466

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel east on Hwy 169 to Kawishiwi Trail. Turn right and follow Kawishiwi Trail to Pine Road. Turn right and follow to Mushroom Island Rd. Go right on Mushroom Island Rd and then left on Old Airport Road. Follow to Fire #122.
  • Waterfront Info Lake Chain: Yes
  • Waterfront Info Lake Maximum Depth: 47
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 250
  • Road Maintenance: Private
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Washer Hook-Ups
  • Amenities Exterior: Deck, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1700
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, In Floor, Propane, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 1702
  • Basement Style: None
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Enclosed Porch, Sunrm/Solarium
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Loft
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Sunroom/Solarium
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1700
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 3246
  • Out Buildings: Storage Shed
  • Road Frontage: Private
  • Water Frontage In Feet: 135
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: Double Glazed, Energy Windows, Screens, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-02-20
  • Estimated Lot Dimensions: 290 x 145
  • Estimated Number of Acres: 1.01
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Level
  • Parcel Number: 28-6211-06320, 06400
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3466.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2012
Sold by
Norling Jerry C and Norling Carol
Bought by
Coughlin Patrick T and Coughlin Connie Jo
Current Estimated Value
$760,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Coughlin Patrick T $435,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coughlin Patrick T $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $425,000 0.0% $250 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $425,000 -- $250 / 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
2025 $5,624 $735,100 $171,900 $563,200
2024 $3,189 $743,500 $174,200 $569,300
2023 $2,808 $723,100 $153,700 $569,400
2022 $3,699 $596,700 $153,700 $443,000
2021 $3,699 $422,300 $147,400 $274,900
2020 $4,040 $389,100 $147,400 $241,700
2019 $4,018 $409,400 $211,800 $197,600
2018 $4,140 $425,800 $198,600 $227,200
2017 $3,616 $435,500 $208,300 $227,200
2016 $3,553 $390,000 $198,600 $191,400
2015 $3,639 $392,100 $198,600 $193,500
2014 $3,639 $0 $0 $0
2013 $2,704 $0 $0 $0
2012 $2,596 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Chernak

    Bear Island Realty LLC

  • J

    Buyer's Agent in 2018

    Jim Burke

    Keller Williams Classic Realty NW

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6033088

APN: 28-6211-06400

Minnesota Lake County Ely 55731

122 Old Airport Rd, Ely, MN

This home is located at 122 Old Airport Rd, Ely, MN 55731 since 09 February 2018 and is currently estimated at $760,886, approximately $447 per square foot. This property was built in 2004. 122 Old Airport Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

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