NOT LISTED FOR SALE

13496 Pine Rd Unit 11 Ely, MN 55731

Estimated Value: $825,493 - $1,415,000

1 Bed
0.5 Bath
240 Sq Ft
$4,199/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $80,000 $333 Per Sq Ft

Est. 1,160% increase in value since last sale

Current estimated payment $5,443/month

519 Days on Market

Highlights

  • 200 Feet of Waterfront
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2012

One of 12 units in the common interest community Retreats on White Iron Lake #28. Over 200 feet of common shoreline and 12 acres of property. This former employee cabin may be renovated or replaced with your own design. This CIC allows private investors to purchase a cabin or parcel of land, join the CICs governing association that operates the resort, and earn income by participating in the resorts rental pool.

Last Agent to Sell the Property

Kerry Davis

Canoe Capital Realty, LLC Listed on: 04/05/2011

Last Buyer's Agent

Kerry Davis

Canoe Capital Realty, LLC Listed on: 04/05/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • 1950

Lot Details

  • 3,485 Sq Ft Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 240 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-6388-02000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Commercial
  • Style: SF Single Family
  • Estimated Number of Acres: 0.08
  • Construction: Previously Owned
  • Parcel Number: 28-6388-02000
  • Projected Closed Date: 11/07/2012
  • Rental License: Yes
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 8x12, On Level: Main
  • Room 3: Kitchen, 8x12, On Level: Main
  • Room 5: Master Bedroom, 8x8, On Level: Main
  • Finished Above Grade Sq Ft: 240
  • Total Fin Square Footage: 240
  • Total Square Footage: 240

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: White Iron
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 200
  • Waterfront Description: Lake

Utilities

  • Fuel: Propane - Tank Owned
  • Sewer: Private, Shared
  • Water: Private, Shared

Lot Info

  • Estimated Lot Dimensions: irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2009
Sold by
Davis Kerry F and Davis Sandy G
Bought by
Barton Robert Peter and Barton Barbara
Current Estimated Value
$1,007,873

Purchase Details

Closed on
May 16, 2008
Sold by
Davis Kerry F and Davis Sandy G
Bought by
Markel Brian A and Markel Julie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$103,289
Interest Rate
6.01%
Mortgage Type
Unknown
Estimated Equity
$904,584
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
Barton Robert Peter -- None Available
Markel Brian A $28,484 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markel Brian A $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $80,000 -19.9% $333 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
04/05/2011 04/05/11 For Sale $99,900 -- $416 / 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
2025 $1,182 $679,600 $143,800 $535,800
2024 $1,523 $686,800 $143,800 $543,000
2023 $1,699 $658,400 $135,600 $522,800
2022 $2,443 $657,800 $135,600 $522,200
2021 $2,128 $531,100 $129,700 $401,400
2020 $3,907 $482,600 $129,700 $352,900
2019 $2,722 $424,900 $128,800 $296,100
2018 $2,811 $424,900 $128,800 $296,100
2017 $2,295 $434,100 $135,500 $298,600
2016 $2,288 $380,100 $128,600 $251,500
2015 $2,366 $347,500 $128,600 $218,900
2014 $2,366 $0 $0 $0
2013 $1,911 $0 $0 $0
2012 $1,311 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4245347

REALTOR® Association of Southern Minnesota

APN: 28-6388-01400