NOT LISTED FOR SALE

1850 Burley Rd Ely, MN 55731

Estimated Value: $426,000 - $517,000

2 Beds
1 Bath
1,632 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $275,000 $169 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,714/month

179 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Panoramic View
  • Lake, Pond or Stream
  • Memorial High School Rated 9+
  • Deck
  • Workshop

About This Home

As of September 2016

The 2-bedroom home sits on a well-manicured lot with blacktop driveway, nice landscaping, and a perfectly level lot and has an attached 2 1/2 stall garage plus a carport off the side for additional parking. The 150 feet of level shoreline features sand beach and a 5 x 50 dock which will be included in the sale. The home features one level living with 2 large BDs, full BA, LR w/ natural woodwork and vaulted ceilings opens into the dining room and updated kitchen. The classic 3-season porch provides additional living space with beautiful lake views. Other updates to the home include 220 volt electrical service, LP furnace, water line from the well to the house and remodeled bathroom. 24 x 40 garage with full concrete floor and garage doors on both sides. Excellent storage for boats, snowmobiles and any other toys you want to bring to the lake! There is also a storage shed/fish cleaning shed with table and lake water system. The pump house located by the shore.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 03/01/2016

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1976

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 322' x 158'
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paneling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Utility Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Fuel Tank
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0050-00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,880

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, go south on Hwy. 1 for 3.5+/- miles. Go left on South White Iron Road. Take slight right on Burley Road. Property is on the right.
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Drywalls, Panelled Walls
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1632
  • Garage Type: Attached, Detached
  • Heat: Boiler, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1976
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Other
  • Basement Style: Crawl Space, Slab
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Enclosed Porch, Storage Room, Utility Room, Workshop
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1632
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 3238
  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Paved, Private, Other
  • Water Frontage In Feet: 150
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Other
  • Window Features:Insulated Windows: Double Glazed, Energy Windows

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 322' x 158'
  • Estimated Number of Acres: 1.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Telephone
  • Parcel Number: 465-0050-00110
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Sep 30, 2016
Bought by
Noble Clifford Clifford
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$464,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,545
Avg. Annual Appreciation
5.83%
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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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
Noble Clifford Clifford $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $275,000 0.0% $169 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $275,000 -- $169 / 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 $3,356 $361,500 $168,800 $192,700
2023 $3,356 $349,000 $160,900 $188,100
2022 $3,030 $349,000 $160,900 $188,100
2021 $3,134 $266,900 $124,000 $142,900
2020 $2,942 $266,900 $124,000 $142,900
2019 $2,960 $266,900 $124,000 $142,900
2018 $2,780 $263,400 $109,500 $153,900
2017 $2,378 $249,100 $104,900 $144,200
2016 $2,836 $249,100 $104,900 $144,200
2015 $2,812 $281,900 $117,900 $164,000
2014 $2,812 $278,200 $117,700 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020579

APN: 465005000110