$380,000
SOLD AUG 9, 2024

1450 Nipi Ln Isabella, MN 55607

3 Beds
2 Baths
2,200 Sq Ft
1.9 Acres

Recently Sold

$173 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Private Waterfront
  • Heated Floors
  • Separate Outdoor Workshop
  • River View
  • Ranch Style House
  • Wood Frame Window

About This Home

As of August 2024

Gorgeous 2200 sq. ft., 3 bedroom, 2 bath home on approx. 2 acres of privacy at the end of the road with approx. 600 feet of spectacular river frontage on a very attractive peninsula on the wild and scenic Stony River. Peninsula is a park-like setting on a deep pool of the river where you can relax, picnic and fish! The custom-built home features an open floor plan with the custom kitchen, great room with a gas fireplace, and dining area combined. Expansive windows provide magnificent views of the surrounding forest. Vaulted ceilings. Hickory cabinets in the kitchen. Excellent floor plan with 3 spacious bedrooms, 2 baths, utility room, and an office. Propane in-floor heat. 3 patio doors. 3 season porch with windows on all sides facing the river. Detached 24 x 32 garage connected to the home by a breezeway, with a large, heated workshop as well! Pine siding, metal roof. This home is in the Stony River Estates CIC with a common septic system and fantastic well. Annual HOA fee of $950 provides for plowing, garbage, backup generator, septic pumping, maintenance and mowing of the common ground. No worries...just enjoy! Great place to live year around or enjoy your up north waterfront retreat close to many great fishing lakes!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC

Co-Listed By

Zachary Hway

Bear Island Realty LLC

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 2000

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 302 x 234
  • Private Waterfront
  • 600 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Level Lot
  • Landscaped with Trees

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Wood Frame Window
  • Combination Dining and Living Room
  • River Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Enclosed patio or porch
  • Separate Outdoor Workshop

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Shared Water Source
  • Gas Water Heater
  • Fuel Tank
  • Shared Sewer
  • Satellite Dish

Additional Features

  • Wheelchair Access
  • Air Exchanger

Listing and Financial Details

  • Assessor Parcel Number 20-6067-00100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 2000

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 1 south to Isabella, approximately 20 miles. Turn right at camp Kawidinipi, stay right. Follow to the property at the end of the drive.
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 172.73
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 60N
  • View Type:Pond View: River
  • Lot Description Waterfront: Yes
  • Ada Features: Fully Wheelchair
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Natural Woodwork, Tiled Floors, Walk-In Closet, Drywalls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2200
  • Garage Type: Detached
  • Heat: Fireplace, In Floor, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Stove, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor, Full Main Floor
  • Formal Dining: Breakfast Bar, Combine with Living Room
  • Extra Rooms: 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: 3 Season Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2200
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Workshop
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 600
  • Waterfront Name: Stony
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 32 and 12 x 24

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 950

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2024-06-24
  • Estimated Lot Dimensions: 302 x 234
  • Estimated Number of Acres: 1.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Level
  • Parcel Number: 20-6067-00100
  • Waterfront Type: River

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 6, 2024
Sold by
Brennan Kathryn and Brennan Michael
Bought by
Nelson Christopher and Ly Mai
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Total Days on Market
7
Views
18
Current Estimated Value
$407,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,119
Avg. Annual Appreciation
9.12%
Original Mortgage
$304,000
Outstanding Balance
$301,913
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$105,206

Map

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 Type Sale Price Title Company
Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $380,000 -2.3% $173 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $389,000 -- $177 / 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
2024 $1,688 $487,800 $131,000 $356,800
2023 $1,153 $491,800 $131,000 $360,800
2022 $1,678 $337,300 $111,300 $226,000
2021 $1,576 $282,500 $103,800 $178,700
2020 $1,710 $174,400 $103,800 $70,600
2019 $1,700 $173,100 $102,500 $70,600
2018 $1,116 $270,100 $102,500 $167,600
2017 $1,081 $205,300 $81,700 $123,600
2016 $1,080 $206,700 $81,700 $125,000
2015 $1,111 $208,000 $81,700 $126,300
2014 $1,111 $0 $0 $0
2013 $294 $0 $0 $0
2012 $337 $0 $0 $0
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6114496

APN: 20-6067-00100