NOT LISTED FOR SALE

1734 Bear Head State Park Rd Ely, MN 55731

Estimated Value: $397,000 - $510,342

2 Beds
1 Bath
1,232 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $451,000 $366 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,766/month

5 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Wood Flooring
  • Docks
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2021

Almost new log home on Armstrong Lake aprox 12 miles west of Ely on a 3.25 acre parcel with aprox 968 feet of shoreline all the way around your own private point on the lake! This home is 95 percent finished, and ready for your finishing touches and enjoyment! It's a Voyageur Log Home built with 10 inch logs, cathedral ceilings, and log rafters. Dimensions are 34'x28' and features a large Great Room that houses the living room, kitchen and dining area--all with great lake views! Flooring is mostly oak hardwood 5" boards, in the great room, with porcelain tile in the hall, bath and utility/storage, laundry room. There are large decks on 2 sides of the home. Poured insulated concrete crawl space that is accessed by a trap door in the floor. Home can be used in the winter and is heated with a propane free standing fireplace. Drilled well, compliant septic system with mound. Detached 2.5 stall garage. Armstong lake is a gorgeous clear water lake with excellent fishing! This is the kind of place that dreams are made of!!! Seller is offering a $10,000 credit at closing to be used towards finishing costs!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 07/02/2021

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 2019

Lot Details

  • 3.1 Acre Lot
  • Lot Dimensions are 450 x 300
  • Private Waterfront
  • 850 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Insulated Concrete Forms
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Multi-Level Property
  • Beamed Ceilings
  • Free Standing Fireplace
  • Mud Room
  • Great Room
  • Open Floorplan
  • Loft
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Heating System Uses Propane
  • Drilled Well
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 317-0075-00190

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,216

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Located west of Ely, Approx half way between Ely and Tower. Take Bear Head Lake State Park Rd to 2nd driveway on the left
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private, Public
  • ShorelineCharacteristics: Gravel, Hard, Rocky, Muck, Elevation-Medium
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Hardwood Floors, Tiled Floors, Beamed Ceilings, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1232
  • Garage Type: Detached
  • Heat: Fireplace, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Mud Room
  • TotalBedrooms: 2
  • Year Built: 2019
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Basement Material: Insulated Form
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor, Separate Tub & Shower
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Great Room
  • Bathroom 2: Master Bedroom
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Loft
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1232
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Township
  • Waterfront Access: Private
  • Water Frontage In Feet: 850
  • Waterfront Name: Armstrong
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 450 X 300
  • Estimated Number of Acres: 3.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium
  • Parcel Number: 317-0075-00190
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 9, 2021
Sold by
Smith Bryan A and Smith Janice E
Bought by
Pluskwik Paul A and Pluskwik Elizabeth A
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$451,000
Sold Price
$451,000
Current Estimated Value
$481,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,934
Avg. Annual Appreciation
0.64%
Original Mortgage
$316,000
Outstanding Balance
$286,280
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,806

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 8, 2019
Sold by
Assell Robert L and Assell Claudia J
Bought by
Smith Bryan A and Smith Janice E
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.04%
Original Mortgage
$125,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 12, 2014
Closed on
Sep 29, 2014
Sold by
Erickson Ronald C and Erickson Helen B
Bought by
Assell Claudia and Assell Robert
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.41%
Original Mortgage
$300,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
Bulinski Emery S and Bulinski Dolores P
Bought by
Erickson Ronald C and Erickson Helen B
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
Pluskwik Paul A $451,000 All American Title Company
Smith Bryan A $160,000 None Available
Assell Claudia $500,000 All American Title Co Inc
Erickson Ronald C $108,000 Consolidated Title
Pluskwik Paul Paul $451,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pluskwik Paul A $316,000
Previous Owner Smith Bryan A $125,000
Previous Owner Assell Claudia $300,000
Closed Pluskwik Paul Paul $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $451,000 0.0% $366 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $451,000 +181.9% $366 / Sq Ft
06/26/2019 06/26/19 Sold $160,000 -15.6% $131 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $189,500 -4.8% $155 / Sq Ft
01/02/2019 01/02/19 For Sale $199,000 -60.2% $163 / Sq Ft
10/03/2014 10/03/14 Sold $500,000 0.0% $160 / Sq Ft View Prior Sale
10/03/2014 10/03/14 Sold $500,000 -3.3% $154 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
09/12/2014 09/12/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $517,000 -- $159 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $3,156 $405,700 $243,300 $162,400
2023 $3,156 $370,400 $222,300 $148,100
2022 $2,792 $364,000 $222,300 $141,700
2021 $3,216 $271,800 $182,400 $89,400
2020 $2,506 $269,100 $182,400 $86,700
2019 $2,254 $206,500 $193,800 $12,700
2018 $2,858 $187,400 $175,900 $11,500
2017 $3,622 $233,200 $221,700 $11,500
2016 $5,526 $420,700 $221,700 $199,000
2015 $4,591 $445,400 $232,500 $212,900
2014 $4,591 $445,400 $232,500 $212,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098098

APN: 317007500190