NOT LISTED FOR SALE

1469 Bear Head State Park Rd Ely, MN 55731

Estimated Value: $564,666 - $605,000

3 Beds
1.5 Baths
1,356 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $325,000 $240 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,415/month

187 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Deck
  • Vaulted Ceiling
  • Panoramic View
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of September 2016

This 3 BR, 2 BA cabin is in ready-to-move-into condition. Cabin features an open living space w/ the KI, DR & LR under a cathedral ceiling. There is attractive pine paneled wainscoting on the walls throughout, & entire cabin is heated w/ off peak electric heat. In addition, a wood burning fireplace in the LR adds a cozy feeling to the cabin. Master BR on main level next to full BA, & 2 BRs on 2nd level share 1/2 bath. There is also extra sleeping area in the spacious 4 season porch. The cabin is 60' from the shoreline & includes an 8 x 32 deck on the lakeside along w/ a unique brick patio and outdoor shower. The lakeshore includes a dock & an additional lakeside deck w/ great southern views of the lake, including Bear Head State Park land. 42 x 36 four-stall garage w/ additional space for boats, ATVs & snowmobiles. Garage has been plumbed for laundry & toilet. Also 2 other storage buildings included. The long driveway into the property adds to the sense of privacy.

Last Agent to Sell the Property

Phil Hyde

Bear Island Land Co., Inc Listed on: 02/18/2016

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 2005

Lot Details

  • 2.89 Acre Lot
  • Lot Dimensions are 100 x 1254
  • 102 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a county road
  • Dog Run
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,356 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Mud Room
  • Combination Dining and Living Room
  • Utility Room
  • Washer Hookup
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Boiler Heating System
  • Heating System Uses Wood
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 317-0010-04313

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, drive west on Hwy 169 12 miles to Bear Head State Park Road. Turn left and drive 2 miles to address on the right.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Twp Number: 62N
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Garage Door Opener, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Drywalls, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Deck, Dog Run, Patio, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1356
  • Garage Type: Detached
  • Heat: Boiler, Dual Fuel/Off Peak, Fireplace, Wood, Electric
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Poured Concrete
  • Basement Style: None
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room, Informal Dining Room
  • Extra Rooms: Enclosed Porch, Mud Room, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • 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: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: 4 Season Porch
  • Room 8: Deck
  • Room 9: Patio
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1356
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County, Private
  • Water Frontage In Feet: 102
  • Waterfront Name: Eagles Nest 3
  • Construction Status: Previously Owned
  • Exterior: Cement Board
  • Window Features:Insulated Windows: Double Glazed

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 4

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100 x 1254
  • Estimated Number of Acres: 2.89
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium
  • Parcel Number: 317-0010-04313
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Sep 30, 2016
Sold by
Saver Ronald T
Bought by
Stephens Bradley S and Stephens Jodi R
Seller's Agent
Phil Hyde
Bear Island Land Co., Inc
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$584,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,167
Avg. Annual Appreciation
6.53%
Original Mortgage
$260,000
Outstanding Balance
$207,678
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$376,489

Purchase Details

Closed on
Nov 2, 2015
Sold by
Saver Joanne M
Bought by
Saver Ronald T

Purchase Details

Closed on
Jan 30, 2003
Sold by
Alleman W Milton
Bought by
Saver Ronald T and Saver Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 24, 2003
Sold by
Alleman W Milton
Bought by
Saver Ronald T and Saver Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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
Stephens Bradley S $325,000 Northeast Title Company
Saver Ronald T -- None Available
Saver Ronald T $100,000 Land Title Inc
Saver Ronald T $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Bradley S $260,000
Previous Owner Saver Ronald T $192,500
Previous Owner Saver Ronald T $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $325,000 0.0% $240 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $325,000 -- $240 / 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 $4,372 $466,400 $141,000 $325,400
2023 $4,372 $351,200 $110,000 $241,200
2022 $3,364 $339,700 $110,000 $229,700
2021 $3,282 $274,600 $110,000 $164,600
2020 $3,412 $274,600 $110,000 $164,600
2019 $3,088 $280,800 $110,000 $170,800
2018 $3,184 $255,900 $101,000 $154,900
2017 $2,664 $255,900 $101,000 $154,900
2016 $2,628 $218,100 $91,100 $127,000
2015 $3,022 $241,800 $137,200 $104,600
2014 $3,175 $256,700 $145,500 $111,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Phil Hyde

    Bear Island Land Co., Inc

  • Lori Schulze

    Buyer's Agent in 2016

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020396

APN: 317001004313

Minnesota St Louis County Ely 55731

1469 Bear Head State Park Rd, Ely, MN

Not Listed for Sale

Detached

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