NOT LISTED FOR SALE

1284 Walsh Rd Ely, MN 55731

Estimated Value: $315,861 - $504,000

1 Bed
1 Bath
707 Sq Ft
$537/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $205,000 $290 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,182/month

168 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Beach Access
  • Wood Flooring
  • Docks
  • Deck
  • Gazebo

About This Home

As of March 2014

Quaint three season cottage seeped in northwoods charm. This one bedroom, one bathroom cottage is nestled amongst the pines and birch on Eagles Nest Lake #3. The open floor plan features a living room and built-in dining nook with tongue and groove walls, wood floors, exposed beams, and many windows. The charming kitchen includes an vintage wood burning oven, refrigerator, wood floors, and paneled walls. Property also features a 2-stall detached garage with an upper level bunk room, gazebo, decks, patio, board walk system, and dock. All on a landscaped .75+/- acre lot with 75+/- feet of shoreline.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Land Co., Inc Listed on: 09/04/2013

Co-Listed By

Kate Davies

Bear Island Land Co., Inc

Last Buyer's Agent

Janet Erchul

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • 1930

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 76 x 300 x 144 x 300
  • 75 Feet of Waterfront
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 707 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Patio
  • Gazebo

Utilities

  • Space Heater
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 317-0090-00760

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Deck, Dock, Patio
  • Estimated Number of Acres: 0.75
  • Assessments: Yes
  • Beach Type: Gravel
  • Construction: Previously Owned
  • Parcel Number: 317-0090-00760
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Dining Room: Combine with Living Room
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16'x19', On Level: Main
  • Room 2: Kitchen, 8'x10', On Level: Main
  • Room 3: Master Bedroom, 9'x16', On Level: Main
  • Finished Above Grade Sq Ft: 707
  • Total Square Footage: 707

Exterior Features

  • Frontage Road: Gravel
  • Waterfront Name: Eagles Nest 3
  • Construction Type: Frame/Wood
  • Out Buildings: Gazebo
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 75

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Space/Wall Heater
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 76 x 300 x 144 x 300
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Mar 26, 2014
Sold by
Carlson Henry W and Carlson Janice L
Bought by
The Orrine L Hanson Trust and Perrizo Keely M
Seller's Agent
Bruce Chernak
Bear Island Land Co., Inc
Buyer's Agent
Janet Erchul
Bear Island Land Co., Inc
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%
Current Estimated Value
$379,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,965
Avg. Annual Appreciation
5.47%
Original Mortgage
$114,000
Outstanding Balance
$86,309
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$293,656
Source: Public Records

Range of Values:

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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
The Orrine L Hanson Trust $205,000 Ne Ely
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Orrine L Hanson Trust $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $205,000 -6.8% $290 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $219,900 -- $311 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,310 $244,500 $100,600 $143,900
2023 $2,310 $185,600 $79,000 $106,600
2022 $1,864 $180,600 $79,000 $101,600
2021 $1,816 $151,800 $79,000 $72,800
2020 $1,936 $151,800 $79,000 $72,800
2019 $1,748 $159,800 $79,000 $80,800
2018 $1,802 $146,000 $72,700 $73,300
2017 $1,570 $146,000 $72,700 $73,300
2016 $1,678 $129,700 $65,800 $63,900
2015 $1,660 $135,700 $67,100 $68,600
2014 $1,703 $140,800 $67,900 $72,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4530099

REALTOR® Association of Southern Minnesota

APN: 317009000760