NOT LISTED FOR SALE

1659 Saari Rd Ely, MN 55731

Estimated Value: $789,000 - $850,644

3 Beds
2.5 Baths
2,084 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $650,000 $312 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,920/month

42 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Vaulted Ceiling
  • Memorial High School Rated 9+
  • Heated Floors
  • Main Floor Primary Bedroom

About This Home

As of September 2020

Newer log home in a beautiful northwoods setting. This 3 bedroom open concept home features a floor to ceiling fieldstone fireplace, craftsman kitchen, and in-floor heat. Main floor master complete with a claw foot tub, all season sitting room, and an additional 2 bedrooms and bath on the upper level. Beautifully treed with mature and young pines, ledgerock outcroppings, and landscaped to fit into the natural surroundings. 3-car garage. *SLLS*

Last Agent to Sell the Property

Anna Yahnke

Bear Island Realty LLC Listed on: 06/25/2020

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC Listed on: 06/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 2012

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 225 x 675
  • Private Waterfront
  • 300 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Log Cabin
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2,084 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Enclosed Patio or Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 465-0010-03190

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, follow Hwy 169 South to Saari Road, take a left and follow property address on the left.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 311.9
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Foyer Entry, Main Floor Laundry
  • Amenities Exterior: Dock, Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 2084
  • Garage Type: Detached
  • Heat: Boiler, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 3
  • Year Built: 2012
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Master, 1/2 Main Floor, 3/4 Upper
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: 4 Season Porch
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2084
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Township
  • Waterfront Access: Private
  • Water Frontage In Feet: 300
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2020-06-26
  • Estimated Lot Dimensions: 225 x 675
  • Estimated Number of Acres: 3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High, Level
  • Parcel Number: 465-0010-03190
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 11, 2020
Sold by
Rossi John E and Rossi Marilyn C
Bought by
West Troy D and Comstock Kristen L
Seller's Agent
Anna Yahnke
Bear Island Realty LLC
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$822,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,911
Avg. Annual Appreciation
4.73%
Original Mortgage
$450,000
Outstanding Balance
$398,605
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$424,306

Purchase Details

Closed on
Jan 5, 2004
Sold by
Carlson Jerry A and Carlson Malene
Bought by
Rossi John E and Rossi Marilyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
West Troy D $650,000 Northeast Title Company
Rossi John E $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Troy D $450,000
Previous Owner Rossi John E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $650,000 0.0% $312 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $650,000 -- $312 / 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
2023 $6,680 $612,500 $256,800 $355,700
2022 $5,414 $612,500 $256,800 $355,700
2021 $4,766 $471,500 $196,700 $274,800
2020 $4,404 $410,700 $165,000 $245,700
2019 $3,802 $410,700 $165,000 $245,700
2018 $3,538 $369,600 $181,900 $187,700
2017 $3,574 $349,900 $174,100 $175,800
2016 $4,190 $349,900 $174,100 $175,800
2015 $4,207 $408,000 $203,600 $204,400
2014 $4,207 $408,000 $203,600 $204,400
Source: Public Records

Agents Affiliated with this Home

  • Anna Yahnke

    Seller's Agent in 2020

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    183 Total Sales

    Anna Yahnke
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6091171

APN: 465001003190

Minnesota St Louis County Ely 55731

1659 Saari Rd, Ely, MN

This home is located at 1659 Saari Rd, Ely, MN 55731 since 25 June 2020 and is currently estimated at $822,911, approximately $394 per square foot. This property was built in 2012. 1659 Saari Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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