NOT LISTED FOR SALE

13487 Bay Rd Ely, MN 55731

Estimated Value: $655,000 - $876,000

3 Beds
2 Baths
2,100 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $370,000 $176 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,417/month

69 Days on Market

Highlights

  • 275 Feet of Waterfront
  • Lake View
  • Lake, Pond or Stream
  • Docks
  • Deck
  • Den

About This Home

As of August 2017

You must see to appreciate this beautiful home in it's glorious Northwoods park setting. This wonderful 3 bedroom, 2 bath year-round home sits on +-5 acres with +-275' of level, stunning shoreline on Farm Lake which is part of the White Iron chain of Lakes and provides direct access to the BWCAW. The original home was expanded to increase the living space by double. There is a large upper bedroom which could potentially be split into two bedrooms or a bedroom and an office. There is new, very nice flooring in the kitchen/dining area and ceramic floor in the full bath. Enjoy the outside decks overlooking a quiet bay with plenty of wildlife. The deck flooring is all new. The great tuck-under 4 car garage will accommodate your vehicles, boats and/or recreational toys. The property is private and beautifully landscaped with ledge rock outcroppings and captivating mature White and Red Pines. This is a must-see property with a great location, close to both Ely and the Boundary Waters

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 04/09/2017

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 1974

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 640x320
  • 275 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Lower Floor Utility Room
  • Laundry on main level
  • Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Basement

  • Stone Basement
  • Crawl Space

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Docks
  • Lake, Pond or Stream
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6311-33350

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,086

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Hwy 169 out of Ely to the Kawishiwi Trail and take a right and follow this to Bay Road take a left to fire # on your left.
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Ada Features: Partially Wheelchair
  • Air Conditioner: Central
  • Reso Association Amenities: Natural Woodwork, Walk-In Closet, Beamed Ceilings, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Dock, Patio, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1800
  • Below Grade Finished Sq Ft: 300
  • Garage Type: Attached
  • Heat: Forced Air, Propane
  • Reso Roof: Composite
  • TotalBedrooms: 3
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel9: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Utility Room
  • Basement Material: Concrete Block, Rock
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Den/Office, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 9: Other
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2100
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private
  • Water Frontage In Feet: 275
  • Waterfront Name: Farm
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Bay Window, Double Glazed, Wood Frame

Garage/Parking

  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 640x320
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High
  • Parcel Number: 28-6311-33350
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4086.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2017
Closed on
Aug 4, 2017
Sold by
Fryer Linda and Hall Judith C
Bought by
Modjeski Victor A and Stewart Amy J
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$771,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,809
Avg. Annual Appreciation
8.82%
Original Mortgage
$296,000
Interest Rate
3.96%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Modjeski Victor A $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modjeski Victor A $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $370,000 0.0% $176 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $370,000 -- $176 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,814 $752,800 $299,000 $453,800
2024 $2,959 $752,800 $299,000 $453,800
2023 $2,092 $718,200 $280,400 $437,800
2022 $3,633 $506,600 $310,300 $196,300
2021 $3,719 $435,700 $310,300 $125,400
2020 $4,046 $437,400 $310,300 $127,100
2019 $4,005 $439,700 $310,300 $129,400
2018 $4,622 $439,700 $310,300 $129,400
2017 $4,087 $513,600 $359,900 $153,700
2016 $4,003 $472,000 $342,200 $129,800
2015 $4,090 $473,800 $342,200 $131,600
2014 $4,090 $0 $0 $0
2013 $3,523 $0 $0 $0
2012 $3,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027994

APN: 28-6311-33350