NOT LISTED FOR SALE

1461 Bear Head State Park Rd Ely, MN 55731

Estimated Value: $349,544 - $535,000

2 Beds
1 Bath
768 Sq Ft
$598/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $199,000 $259 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,655/month

Highlights

  • Porch
  • Baseboard Heating
  • Space Heater
  • 1-Story Property

About This Home

As of January 2014

The spectacular lake views will grab you but it will be the tender care and meticulous maintenance of this property which will keep you. Not a thing out of place or in need of repairs in this 2 bedroom cabin with newly completed full bath. Oversized one stall garage plus super organized storage shed. 160 feet of hard bottom sand lakeshore. Gently sloping to lake lot. AND...THIS PROPERTY COMES FURNISHED!! Move in and enjoy! Eagles Nest Lake No. 3 is the largest lake in the Eagles Nest chain and contains over 1000 acres with a max. depth of 49'. This lake is managed primarily for walleye and northern pike. Conveniently located between Tower and Ely.

Last Agent to Sell the Property

Mary Jacobsen

Jacobsen Appraisals License #4001031 Listed on: 11/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1960

Lot Details

  • 4.9 Acre Lot
  • Irregular Lot
  • Property is zoned SMU7

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • The lake is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 317-0010-04310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,475

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Post And Beam
  • Heat: Gas, Electric, Baseboard, Space Heaters
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 317-0010-04310
  • Patioporch: Porch
  • Real Estate Tax: 2475
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 768
  • Bedroom 1: Size: 12 X 12, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Range
  • Bedroom 2: Size: 10 X 12, On Level: Main
  • Kitchen: Size: 12 X 12, On Level: Main
  • Living Room: Size: 12 X 21, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall
  • Garage Capacity: 1
  • Garage Size: 16 x 22

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 1320x160
  • Number Of Acres: 4.9
  • Zoning: SMU7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 17, 2014
Sold by
Rexroat Linda and Gilmore Roberta
Bought by
Schulze George and Schulze Joanne
Seller's Agent
Mary Jacobsen
Jacobsen Appraisals
Sold Price
$199,000
Current Estimated Value
$459,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,136
Avg. Annual Appreciation
7.35%
Original Mortgage
$150,000
Outstanding Balance
$41,393
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$417,743

Purchase Details

Closed on
Jun 1, 2011
Sold by
Rexroat Linda and Robert H Petefish Trust Agreem
Bought by
Rexroat Linda and Sielert Ann

Purchase Details

Closed on
Sep 15, 2008
Sold by
Petefish Robert H
Bought by
Robert H Petefish Trust
Source: Public Records

Range of Values:

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

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
Schulze George $199,000 Northeast Title Company
Rexroat Linda -- None Available
Robert H Petefish Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulze George $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2014 01/17/14 Sold $199,000 0.0% $259 / Sq Ft
01/17/2014 01/17/14 Sold $199,000 -24.8% $259 / Sq Ft View Prior Sale
12/09/2013 12/09/13 Pending -- -- --
11/19/2013 11/19/13 Pending -- -- --
07/26/2012 07/26/12 For Sale $264,500 -- $344 / Sq Ft
Source: Range Association of 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 $2,874 $305,100 $195,000 $110,100
2023 $2,874 $232,300 $150,700 $81,600
2022 $2,296 $228,400 $150,700 $77,700
2021 $2,468 $206,400 $150,700 $55,700
2020 $2,556 $206,400 $150,700 $55,700
2019 $2,310 $214,200 $150,700 $63,500
2018 $2,382 $195,400 $137,800 $57,600
2017 $2,076 $195,400 $137,800 $57,600
2016 $2,286 $173,800 $123,600 $50,200
2015 $2,537 $194,400 $149,800 $44,600
2014 $2,537 $206,500 $159,000 $47,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Jacobsen

    Jacobsen Appraisals

    Section Image

  • N

    Buyer's Agent in 2014

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 119782

Range Association of REALTORS®

APN: 317001004310

Minnesota St Louis County Ely 55731

1461 Bear Head State Park 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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes