NOT LISTED FOR SALE

1659 Saari Rd Ely, MN 55731

Estimated Value: $626,000 - $939,000

3 Beds
2.5 Baths
2,084 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 11, 2020

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

Est. 48% increase in value since last sale

Current estimated payment $5,581/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
  • 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

  • Junior High Dist: Ely #696

Lot Info

  • 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
$961,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,679
Avg. Annual Appreciation
3.47%
Original Mortgage
$450,000
Outstanding Balance
$397,686
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$381,976

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
2024 $6,680 $668,900 $275,700 $393,200
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

    177 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

Not Listed for Sale

Detached

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