NOT LISTED FOR SALE

1932 W Shagawa Rd Ely, MN 55731

Estimated Value: $339,000 - $736,000

4 Beds
2 Baths
1,650 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $340,000 $206 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,073/month

12 Days on Market

Highlights

  • Heated Floors
  • Deck
  • 1 Car Attached Garage
  • Memorial High School Rated 9+
  • Multiple Fireplaces
  • Patio

About This Home

As of October 2018

Custom Lake Home W/West Facing Rocky Beach—Excellent Swimming, Mesmerizing Sunsets, Gradual Lot, Some Of The Best Views On The Lake From Every Level! Year round Shagawa lake living just 1 mi to Ely, BWCA access. 2,496 SF, 4 BR/2BTH cedar sided home w/copper gutters. Lakefront knotty pine great rm w/natural light & sunsets pouring in two story tall windows, glass door open to wrap around deck. Kitchen (stainless appl & copper sink) open to great rm & dining—all lakeside. Main flr master w/stunning slate bath, stone sinks, walk in shower. Main flr guest bedrm. Spacious loft w/fam rm & rm for several beds. Walkout lower level offers fam/game rm w/pellet stove & glass door open to full length lakefront patio, guest BR, bth, ample storage/rm for workshop/tuck under 1 stall garage. Economical in-flr heat & forced air furnace w/central air. Newer septic system, drilled well, barrel sauna, dock. Click link to view 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 09/03/2018

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 2006

Lot Details

  • 3.4 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Free Standing Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0020-14515, 4502

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,160

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Electric, Forced Air, In-Floor, Hot Water
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 09/03/2018
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 4
  • Parcel Code Number: 465-0020-14515, 4502
  • Patioporch: Deck, Patio
  • Real Estate Tax: 2160.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1650
  • Bedroom 1: Size: 16x10.5, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Hood, Microwave, Refrigerator
  • Basement: Slab
  • Bedroom 2: Size: 9.5x9, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 12x9.5, On Level: Lower
  • Dining Room: Size: 15x12, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Free Standing
  • Kitchen: Size: 10x9.5, On Level: Main
  • Living Room: Size: 17x15, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Bedroom 4, Size: 30x19, On Level: Upper
  • Rec Room: Size: 29x12.5, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Attached
  • Garage Capacity: 1
  • Garage Size: 18.5x12

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 792x296
  • Number Of Acres: 3.4
  • Zoning: SMU11

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2018
Closed on
Oct 11, 2018
Sold by
Cotter Shawn T and Cotter Nichole L
Bought by
Thomas John and Gill Lynn Marie
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$348,500
Sold Price
$340,000
Premium/Discount to List
-$8,500
-2.44%
Current Estimated Value
$542,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,006
Avg. Annual Appreciation
6.38%
Original Mortgage
$289,000
Outstanding Balance
$252,048
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$280,128

Purchase Details

Listed on
Sep 3, 2018
Closed on
Sep 26, 2018
Sold by
Cotter Shawn T and Cotter Nichole L
Bought by
Cotter Shawn T and Cotter Nichole L
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$348,500
Sold Price
$340,000
Premium/Discount to List
-$8,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Outstanding Balance
$252,048
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$280,128
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thomas John $340,000 None Available
Cotter Shawn T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas John $289,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $340,000 -2.4% $206 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $348,500 -- $211 / Sq Ft
Source: Range Association of 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 $3,202 $338,700 $88,800 $249,900
2023 $3,202 $403,200 $92,700 $310,500
2022 $3,794 $339,600 $85,000 $254,600
2021 $3,390 $283,300 $69,600 $213,700
2020 $3,198 $283,300 $69,600 $213,700
2019 $2,198 $283,300 $69,600 $213,700
2018 $2,066 $196,700 $46,500 $150,200
2017 $1,860 $185,700 $44,400 $141,300
2016 $2,190 $170,100 $42,300 $127,800
2015 $2,226 $199,400 $49,200 $150,200
2014 $1,667 $151,400 $49,200 $102,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 135626

Range Association of REALTORS®

APN: 465002004515