NOT LISTED FOR SALE

1232 Fernberg Rd Ely, MN 55731

Estimated Value: $405,144 - $514,000

2 Beds
1 Bath
1,288 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $375,000 $291 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,448/month

59 Days on Market

Highlights

  • Greenhouse
  • Heated Floors
  • Main Floor Primary Bedroom
  • Newly Remodeled
  • 46 Acre Lot
  • Loft

About This Home

As of September 2022

Interested in becoming totally self sufficient - one of a kind ready made 2 BR Oak Log homestead situated on 46 +/- acres. Kitchen & dining, living room combined; bedroom, batheing room, and cold entry/pantry, all on the main floor. A beautiful 11 x 27 screen porch accessed through the Kitchen/DR or from the outside; perfect for dining, sleeping, or relaxing for 3 seasons of the year. Generous 29 x 20 upstairs; great as a 2nd bedroom or hobby work space. Special features include: Douglas Fir flooring on the main level, electric supplied with Honda 5000 generator, infloor heat, and wood stove. Two large gardens, heirloom flower gardens, 10 x 10 greenhouse, wood heated workshop, 23 x 21 Log garage with upper level partially finished for guest room or storage area, drilled well with hand pump. Includes easement to Kempton lake, a quiet private lake bordered by public land & one owner. The 46+/- acres is an exceptionally quiet & private location surrounded by State on two sides and County on two sides. Full of song birds, beautiful tree cover, acreage cleared for two small pastures, wild life in abundance and a private lake for fishing.

Last Listed By

Trish Bulinski

Bear Island Realty LLC Listed on: 06/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $230

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 46 Acre Lot
  • Lot Dimensions are 1320 x 1320
  • Elevated Lot
  • Level Lot
  • Many Trees

Home Design

  • Log Cabin
  • Poured Concrete
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Loft
  • Lower Floor Utility Room
  • Heated Floors
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Enclosed patio or porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Storage Shed
  • Outhouse

Utilities

  • Hot Water Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Drilled Well

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 28-6310-18610

Home Details

Home Type

Single Family

Est. Annual Taxes

$230

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Head east on E Sheridan St, follow out of town on MN 169 North for about 9 + miles to the fire number. Turn right onto the driveway at the fire number and continue to the sign. Veer left at the sign and follow to the home & property.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 291.15
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 63N
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1225
  • Below Grade Finished Sq Ft: 63
  • Garage Type: Detached
  • Heat: In Floor, Hot Water, Wood, Propane
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bathroom
  • TotalBedrooms: 2
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Log
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Loft
  • Bedroom 5: 3 Season Porch
  • Stories: 1.25 - 1.75 Story
  • Room 6: Pantry
  • Total Fin Square Footage: 1288
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Greenhouse, Storage Shed, Workshop
  • Construction Status: Completed New Construction
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Dirt Floor
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 21 x 30

Utilities

  • Power Company: Other
  • Sewer: Outhouse
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-06-11
  • Estimated Lot Dimensions: 1320 x 1320
  • Estimated Number of Acres: 46
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Low Land, Tree Coverage - Heavy, Tree Coverage - Medium, High, Level
  • Parcel Number: 28-6310-18610

Tax Info

  • Tax Amount: 230.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Sep 29, 2022
Sold by
Stouffer Carol
Bought by
Bonnes Andrew and Reppert-Bonnes Sara
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Heather Franciskovich
List Price
$375,000
Sold Price
$375,000
Total Days on Market
59
Current Estimated Value
$441,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,036
Avg. Annual Appreciation
10.86%

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
Bonnes Andrew $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoufferi Carol L $69,000
Previous Owner Stouffer Carol L $17,500
Previous Owner Stouffer James A $13,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $375,000 0.0% $291 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $375,000 -- $291 / 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 $1,290 $357,400 $85,800 $271,600
2023 $1,144 $373,900 $85,800 $288,100
2022 $145 $312,900 $85,800 $227,100
2021 $144 $220,300 $72,200 $148,100
2020 $176 $210,200 $83,200 $127,000
2019 $176 $219,600 $91,100 $128,500
2018 $176 $219,600 $91,100 $128,500
2017 $214 $221,100 $91,200 $129,900
2016 $216 $220,400 $103,300 $117,100
2015 $215 $222,900 $104,500 $118,400
2014 $215 $0 $0 $0
2013 $141 $0 $0 $0
2012 $238 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103429

APN: 28-6310-18610