NOT LISTED FOR SALE

1411 S White Iron Rd Ely, MN 55731

Estimated Value: $258,000 - $365,000

1 Bed
1 Bath
600 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $225,000 $375 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,699/month

35 Days on Market

Highlights

  • Heated Floors
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Memorial High School Rated 9+
  • Traditional Architecture
  • Loft

About This Home

As of July 2023

Year-round log-sided home/cabin set on a wooded hill just down the road from the public access to beautiful White Iron Lake! White Iron Lake is part of a three-lake chain giving you room to roam and great fishing! This quaint, nicely finished, well maintained 1-bedroom cabin is on a 10-acre parcel with nature trails and plenty of wildlife! Fully furnished, knotty pine tongue and groove interior, tile floors, plenty of windows providing excellent natural light, gas fireplace to complement the off-peak electric in-floor heating. Private well and septic. New roof. Attached garage with storage rooms and some built-in shelving. A well-built country cabin in a great setting just a few miles from Ely!

Last Agent to Sell the Property

Zachary Hway

Bear Island Realty LLC Listed on: 05/09/2023

Co-Listed By

Jeff Hway

Bear Island Realty LLC

Last Buyer's Agent

Don Stocks

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 2004

Lot Details

  • 10 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Many Trees

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Living Room
  • Loft
  • Utility Room in Garage
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Cooktop
  • Microwave

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Drain
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01882

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, proceed South on Highway 1 approximately 3.3 miles. Turn left on South White Iron Road. Property on left approximately half mile ahead.
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: SF/Attached
  • Tax Year: 2023
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Panelled Walls, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 600
  • Garage Type: Attached
  • Heat: Fireplace, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 1
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Microwave, Refrigerator, Range/Stove
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Entry
  • Stories: 1 Story
  • Room 6: Loft
  • Total Bathrooms: 1
  • Total Fin Square Footage: 600
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street
  • Garage Features: Drains, Heat, Plumbing, Slab, Utility Room
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 25' X 15'

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1,490' x 330'
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Rolling
  • Parcel Number: 465-0010-01882

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 28, 2023
Sold by
Cooper Sharen L
Bought by
Ford Robert A
Seller's Agent
Zachary Hway
Bear Island Realty LLC
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$300,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,689
Avg. Annual Appreciation
12.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ford Robert A $225,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $225,000 0.0% $375 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $225,000 -- $375 / 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 $1,486 $225,900 $87,000 $138,900
2023 $1,486 $167,800 $57,100 $110,700
2022 $1,494 $148,300 $52,000 $96,300
2021 $1,484 $128,600 $44,900 $83,700
2020 $1,390 $123,800 $44,900 $78,900
2019 $1,406 $123,800 $44,900 $78,900
2018 $1,400 $126,900 $49,600 $77,300
2017 $1,362 $126,800 $49,500 $77,300
2016 $1,318 $122,700 $52,700 $70,000
2015 $1,335 $122,700 $52,700 $70,000
2014 $1,335 $122,700 $52,700 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2023

    Zachary Hway

    Bear Island Realty LLC

    (651) 341-0383

    68 Total Sales

    Zachary Hway
    Section Image
  • Jeff Hway

    Seller Co-Listing Agent in 2023

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    162 Total Sales

    Jeff Hway
    Section Image
  • Don Stocks

    Buyer's Agent in 2023

    Don Stocks

    Wildwoods Land Company

    (218) 340-1353

    106 Total Sales

    Don Stocks
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6107932

APN: 465001001882

Minnesota St Louis County Ely 55731

1411 S White Iron Rd, Ely, MN

Not Listed for Sale

Detached

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