NOT LISTED FOR SALE

1476 Co-Op Point Rd Ely, MN 55731

Estimated Value: $352,000 - $582,000

2 Beds
1 Bath
1,344 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $185,000 $138 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,615/month

60 Days on Market

Highlights

  • 253 Feet of Waterfront
  • Vaulted Ceiling
  • Gazebo
  • Panoramic View
  • Wood Flooring
  • Fireplace

About This Home

As of October 2017

Quaint cabin on a large wooded lakeshore lot. Cabin features an open concept with beautiful hard wood floors. Upper level is ready to be finished with vaulted ceilings, 2 spacious bedrooms and a bath. Attached garage, half log siding, and metal roof complete this cabin. Land features a screen house at the water’s edge, excellent swimming spot, and an outhouse. *SLLS*

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 06/24/2017

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 2003

Lot Details

  • 3.27 Acre Lot
  • Lot Dimensions are 250 x 500
  • 253 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Many Trees

Home Design

  • Cabin
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • Wood Flooring
  • Panoramic Views
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Rough-In

Parking

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

Outdoor Features

  • Gazebo
  • Outhouse

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 317-0010-04270

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel west on Hwy 169 to Bearhead State Park Road. Turn left and follow to Coop Point Road. Turn right and follow to the address on the left.
  • Waterfront Info Lake Maximum Depth: 76
  • L O1 Office Phone1 Number: 218-365-2800
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Natural Woodwork, Vaulted Ceilings
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1344
  • Garage Type: Attached
  • Heat: Wood
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: Rough In
  • Fireplace: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Other
  • Total Fin Square Footage: 1344
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 323
  • Out Buildings: Gazebo
  • Road Frontage: Dead End/No Outlet
  • Water Frontage In Feet: 253
  • Waterfront Name: Eagles Nest 1
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: None, Outhouse
  • Water: None

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 250 x 500
  • Estimated Number of Acres: 3.27
  • Cultivated Acreage: LSAR
  • Geo Match Code: 2
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Low Land, Tree Coverage - Heavy, Rolling
  • Parcel Number: 317-0010-04270
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Oct 6, 2017
Sold by
Fleming Ronald O
Bought by
Yeadon Bradley L and Yeadon Michele L
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$446,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,624
Avg. Annual Appreciation
11.51%
Original Mortgage
$140,000
Outstanding Balance
$74,513
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$372,111

Purchase Details

Closed on
Jul 12, 2002
Sold by
Fleming Ronald O
Bought by
Ewing Robert J and Ewing Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,100
Interest Rate
6.9%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Guimont Sonia and Staloch James E
Bought by
Fleming Ronald O
Source: Public Records

Range of Values:

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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
Yeadon Bradley L $185,000 Northeast Title Company
Ewing Robert J $37,900 Northeast Title Company
Fleming Ronald O $59,751 Consolidated Title
Larson Mark J $59,751 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeadon Bradley L $140,000
Previous Owner Ewing Robert J $34,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $185,000 0.0% $138 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $185,000 -- $138 / 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 $3,192 $339,500 $199,600 $139,900
2023 $3,192 $258,600 $154,900 $103,700
2022 $2,766 $253,600 $154,900 $98,700
2021 $2,696 $225,600 $154,900 $70,700
2020 $2,780 $225,600 $154,900 $70,700
2019 $2,978 $229,000 $150,900 $78,100
2018 $3,068 $246,800 $148,000 $98,800
2017 $2,678 $246,800 $148,000 $98,800
2016 $2,896 $219,300 $133,100 $86,200
2015 $2,883 $220,100 $154,100 $66,000
2014 $2,883 $233,700 $163,500 $70,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bruce Chernak

    Bear Island Realty LLC

  • Kate Davies

    Buyer's Agent in 2017

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    173 Total Sales

    Kate Davies
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029904

APN: 317001004270

Minnesota St Louis County Ely 55731

1476 Co-Op Point Rd, Ely, MN

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