NOT LISTED FOR SALE

1366 S White Iron Rd Ely, MN 55731

Estimated Value: $669,938 - $773,000

3 Beds
2.5 Baths
2,147 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2024

Last sale price $699,000 $326 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,321 / mo

206 Days on Market

Highlights

  • 232 Feet of Waterfront
  • Radiant Floor
  • Home Office
  • Memorial High School Rated 9+
  • No HOA
  • Covered Patio or Porch

About This Home

As of February 2024

Easy One Level Lake Living On Coveted White Iron Chain At Edge of Boundary Waters, Set On 232 Ft Excellent Swimming Shore & 2 Gradual Acres, Private Location On Dead End Rd, just 5 mi to Ely & 3 mi to airport. White Iron flows into Farm, Garden & Fall Lakes & the Kawishiwi River—multiple use recreation w/direct access to BWCAW. 2,882 SF maint-free sided home offers 3 BR/2.5 BA, 2 garages, storage shed, boathouse, dock. Vaulted livingrm w/fireplace, wall of glass to covered lakefront cedar deck. Kitchen w/oak cabs, hickory flr, quartz counters w/island open to livingrm & lakeside dining. Main flr primary BR w/ensuite BA, WIC. 2 main flr guest BRs & BA. Main flr laundry. ICF garden level office & rec rm w/lake views, BA, storage. Economical off peak in flr heat, propane furnace, cent air. Wired for back up generator. Drilled well. Compliant septic. Zito high speed internet. Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty, Inc Listed on: 06/22/2023

Last Buyer's Agent

Yvonne Wagner

Janisch Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 514x232
  • 232 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Few Trees
  • Additional Parcels

Parking

  • 4 Car Garage

Home Design

  • Insulated Concrete Forms
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Radiant Floor

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Boundary Waters Canoe Area Access
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service
  • Shared Water Source
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465005000245

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,944

Year Built

Built in 2005

Lot Details

2 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Shared System
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1441
  • Water Body Name: White Iron
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • FireNumber: 1366
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Insulating Concrete Forms
  • Appliances: Dishwasher, Double Oven, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 2147
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 706
  • Basement YN: No
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Office, Workshop, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: East, Lake, Panoramic, South
  • Other Structures: Additional Garage, Boat House, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered
  • Lake Bottom: Gravel,Rocky
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 232

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Boiler, Dual, Forced Air, Fireplace(s), Hot Water, Radiant Floor
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane,Wood
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,Panoramic View,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Ely
  • SchoolDistrictPhone: 218-365-6166

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 514x232
  • Lot Size Sq Ft: 87120
  • Land Lease: No
  • Lot Features: BWCA Access, Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 465005000245
  • Tax Annual Amount: 4944
  • TaxWithAssessments: 5054.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Feb 16, 2024
Sold by
Maldeis Neil S and Maldeis Suzanna L
Bought by
Marion Martin and Marion Mary
Seller's Agent
Lisa Janisch
Janisch Realty, Inc
Buyer's Agent
Yvonne Wagner
Janisch Realty, Inc
List Price
$798,500
Sold Price
$699,000
Premium/Discount to List
-$99,500
-12.46%
Views
485
Current Estimated Value
$723,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,235
Avg. Annual Appreciation
1.57%
Original Mortgage
$549,000
Outstanding Balance
$535,585
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$187,650

Purchase Details

Closed on
Feb 25, 2019
Sold by
Maldeis Neil S and Maldeis Suzanna L
Bought by
Maldeis Neil S and Maldeis Suzanna L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marion Martin $699,000 None Listed On Document
Maldeis Neil S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marion Martin $549,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $699,000 -5.5% $326 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $739,500 -0.7% $344 / Sq Ft
08/03/2023 08/03/23 Price Changed $744,500 -0.7% $347 / Sq Ft
07/11/2023 07/11/23 Price Changed $749,500 -6.1% $349 / Sq Ft
06/23/2023 06/23/23 For Sale $798,500 -- $372 / Sq Ft
Source: NorthstarMLS

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 $5,842 $551,200 $222,000 $329,200
2023 $4,886 $465,200 $211,400 $253,800
2022 $3,786 $465,200 $211,400 $253,800
2021 $4,072 $354,900 $162,300 $192,600
2020 $3,758 $354,900 $162,300 $192,600
2019 $3,834 $354,900 $162,300 $192,600
2018 $3,532 $371,400 $152,400 $219,000
2017 $3,566 $348,600 $145,500 $203,100
2016 $4,224 $348,600 $145,500 $203,100
2015 $4,238 $411,300 $171,500 $239,800
2014 $4,238 $410,900 $171,500 $239,400
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2024

    Lisa Janisch

    Janisch Realty, Inc

    (218) 780-6644

    282 Total Sales

    Lisa Janisch
    Section Image

  • Y

    Buyer's Agent in 2024

    Yvonne Wagner

    Janisch Realty, Inc

    (218) 780-6644

    26 Total Sales

    Yvonne Wagner
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6389697

NorthstarMLS

APN: 465005000245

Minnesota St Louis County Ely 55731

1366 S White Iron Rd, Ely, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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