NOT LISTED FOR SALE

1478 Inspiration Rd Ely, MN 55731

Ely Area

Estimated Value: $482,000 - $572,000

3 Beds
4 Baths
3,029 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2021

Last sale price $400,000 $132 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,179 / mo

20 Days on Market

Highlights

  • 17.8 Acre Lot
  • Multiple Fireplaces
  • 2 Car Attached Garage
  • Memorial High School Rated 9+
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2021

Custom built 3 bed/4 bath 3000 sq. ft. country home just a few minutes from Ely. 17.8 acres with beautiful landscaped lawn and garden area around the home and surrounded by mature forest for your privacy. The main floor features kitchen and formal dining area both with patio doors both leading out to covered sitting and BBQ area, raised living room with gas fireplace, office/den, ½ bath, laundry and storage area, and the insulated 2 car attached garage.Upper level has large master bedroom with walk in closet and master bath with heated floor, 2 other well sized bedrooms, full bathroom, and large (28 x 11) storage or bonus room. lower level - large family room with wood burning fireplace, exercise room, second office or craft room, sauna, dressing room and ¾ bathroom, storage areas and the utility room. This exceptionally well cared for house has had many recent improvements and updates which include a central vacuum system, whole house exhaust fan, new large capacity water heat

Last Agent to Sell the Property

Don Stocks

Wildwoods Land Company License #20556658 Listed on: 05/25/2021

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 1968

Lot Details

  • 17.8 Acre Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,029 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01621

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,261

Year Built

Built in 1968

Lot Details

17.8 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Dual Fuel/Off Peak, Electric, Baseboard, Hot Water
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lvt Date: 05/25/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0010-01621
  • Patioporch: Patio, Covered
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 3261.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 3
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 3029
  • Bedroom 1: Size: 14 x 13, On Level: Upper
  • Total Bathrooms: 4
  • Appliances: Dishwasher, Garage Opener, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Full
  • Bedroom 2: Size: 14 x 11, On Level: Main
  • Bedroom 3: Size: 12 x 11, On Level: Upper
  • Dining Room: Size: 15 x 13, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log, Wood Burning
  • Kitchen: Size: 18 x 12, On Level: Main
  • Living Room: Size: 20 x 16, On Level: Main
  • Other Room 2: office/den, Size: 15 x 15, On Level: Main
  • Other Room 3: craft, Size: 12 x 12, On Level: Lower
  • Rec Room: Size: 19 x 14, On Level: Lower

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 24 x 22

Utilities

  • Cooling: Attic Fan
  • Utilities: Septic, Well, Telephone
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 920x650
  • Number Of Acres: 17.8
  • Zoning: res

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 27, 2021
Sold by
Bought by
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Andrea Zupancich
z' Up North Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$526,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,283
Avg. Annual Appreciation
5.76%
Original Mortgage
$360,000
Outstanding Balance
$320,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,934
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 Northwest Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $100,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $400,000 -5.9% $132 / Sq Ft
05/25/2021 05/25/21 For Sale $425,000 -- $140 / Sq Ft
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,738 $443,800 $98,900 $344,900
2023 $3,708 $440,700 $89,700 $351,000
2022 $3,004 $386,200 $81,100 $305,100
2021 $3,346 $293,500 $55,600 $237,900
2020 $3,156 $279,700 $55,600 $224,100
2019 $3,284 $279,700 $55,600 $224,100
2018 $3,278 $292,700 $62,600 $230,100
2017 $3,020 $292,800 $62,700 $230,100
2016 $2,976 $268,500 $60,300 $208,200
2015 $3,022 $268,500 $60,300 $208,200
2014 $3,022 $268,500 $60,300 $208,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Don Stocks

    Wildwoods Land Company

    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2021

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    413 Total Sales

    Andrea Zupancich
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 141446

Range Association of REALTORS®

APN: 465001001621

Minnesota St Louis County Ely 55731

1478 Inspiration Rd, Ely, MN

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