NOT LISTED FOR SALE

1667 Saari Rd Ely, MN 55731

Estimated Value: $523,000 - $862,000

3 Beds
2 Baths
2,970 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $577,000 $194 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,532/month

6 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Panoramic View
  • Memorial High School Rated 9+
  • Sauna
  • Heated Floors

About This Home

As of November 2020

Like New Timber Frame Lake Home On Coveted White Iron Chain At Edge of Boundary Waters, Set On Apx 550 Ft SANDY Shoreline & 6 Acres Of Majestic Pines, Private Location On Dead End Road, just 8 miles to Ely. White Iron Lake flows into Garden, Farm, South Farm, Fall—multiple use recreation lakes w/direct access to the BWCA. Paddle 1 mile from your dock to Kawishiwi River to BWCA. Built 2004, 3,116 SF 3BR/2/BTH steel sided home w/metal roof, 2 stall heated garage w/newer roof, sauna guest cabin. Vaulted great rm, wall of Marvin windows lakeside, hardwd flr, glass doors to lakefront deck. Kitchen w/island open to great rm & lakeside dining. Lakeside main flr BR w/walk in closet. Main flr bth. Spacious loft w/room for bedrm & office. Walkout ICF basement w/economical propane in flr heat, bedroom, bth, rec rm. Dock. Boat launch. Forest fire suppression system. 186 ft drilled well. Good internet. Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc. Listed on: 09/22/2020

Last Buyer's Agent

Dan Janisch

Janisch Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 2004

Lot Details

  • 5.91 Acre Lot
  • Lot Dimensions are 715x404
  • Private Waterfront
  • 550 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Post and Beam
  • Traditional Architecture
  • Poured Concrete
  • Metal Roof
  • Steel Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Phone Available

Additional Features

  • Air Exchanger
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 465-0010-03192

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,506

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, S. on Hwy 1, L. on Saari Rd. to Fire #.
  • L O1 Office Phone1 Number: 218-780-6644
  • List Price/ Sq Ft: 194.28
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 62
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Timber/Post & Beam
  • FinFootageAboveGrade: 1762
  • Below Grade Finished Sq Ft: 1208
  • Garage Type: Detached
  • Heat: Boiler, In Floor, Hot Water, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished, Family/Rec Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Family Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2970
  • Exercise Room Level2: Lower

Exterior Features

  • Out Buildings: Sauna, Bunkhouse
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 550
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Steel

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Heat, Insulation
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 30x24

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-09-23
  • Estimated Lot Dimensions: 715x404
  • Estimated Number of Acres: 5.91
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Heavy, Telephone, Rolling, BWCA Area
  • Parcel Number: 465-0010-03192
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 20, 2020
Sold by
Wichmann Kenneth J and Wichmann Jean E
Bought by
Schwartz Bradley E and Schwartz Amy L
Seller's Agent
Lisa Janisch
Janisch Realty Inc.
Buyer's Agent
Dan Janisch
Janisch Realty Inc.
List Price
$577,000
Sold Price
$577,000
Current Estimated Value
$733,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,037
Avg. Annual Appreciation
5.02%
Original Mortgage
$461,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Wichmann Kenneth Joseph and Wichmann Jean E
Bought by
Wichmann Kenneth J and Wichmann Jean E
Source: Public Records

Range of Values:

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Average Value
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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
Schwartz Bradley E -- None Available
Wichmann Kenneth J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Bradley E $461,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $577,000 0.0% $194 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $577,000 -- $194 / 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 $7,744 $711,400 $382,200 $329,200
2022 $4,604 $711,400 $382,200 $329,200
2021 $4,940 $412,800 $229,800 $183,000
2020 $4,576 $412,800 $229,800 $183,000
2019 $4,234 $412,800 $229,800 $183,000
2018 $3,964 $393,000 $216,600 $176,400
2017 $4,002 $372,300 $207,200 $165,100
2016 $4,588 $372,300 $207,200 $165,100
2015 $4,606 $431,300 $242,700 $188,600
2014 $4,606 $431,300 $242,700 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6093235

APN: 465001003192