NOT LISTED FOR SALE

1950 W Shagawa Rd Ely, MN 55731

Estimated Value: $254,000 - $559,000

3 Beds
2.5 Baths
2,400 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $395,000 $165 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,654/month

119 Days on Market

Highlights

  • 303 Feet of Waterfront
  • Docks
  • Deck
  • Memorial High School Rated 9+
  • Lake View
  • Recreation Room

About This Home

As of June 2018

West facing Shagawa home, stunning sunsets & amazing lake views from every level and nearly every room. Quiet lake living, a mile from town, +/- 1.7 acres of diverse tree forest including beautiful red and white pine, +/-300 feet of lakeshore. Knotty pine woodwork throughout, 3 Bedroom 2.5 Bath year round home, lakeside walkout to a deck from living & dining area and lower level great room walk out. Upper level West facing master suite with walk in closet. Features wood burning fireplace, newer shingled roof, large 2 stall attached garage, compliant septic, well and lake water system, storage shed, & paved driveway.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 01/08/2018

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC Listed on: 01/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1976

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 300 x 243 x 164
  • 303 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Wood Frame Window
  • Mud Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

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

Accessible Home Design

  • Grab Bar In Bathroom

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0051-00020, 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,068

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Sheridan Street to Central Avenue. Turn north and follow to Camp Street. Cross Camp Street and follow to West Shagawa Road. Turn west and follow to property address on the south side of the road.
  • Waterfront Info Lake Maximum Depth: 48
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: See Remarks
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Ada Features: Grab Bars in Bathroom
  • Air Conditioner: Wall
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2400
  • Garage Type: Attached
  • Heat: Boiler, Hot Water, Wood, Oil
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Mud Room
  • Room 11: Den/Office
  • Room 12: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1976
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Lower
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Den/Office, Family/Rec Room
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom 1 Level: main
  • Bathroom Description: 1/2 Basement, Full Master, Private Master
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Extra Rooms: Den/Office, Family/Rec, Mud Room, Pantry
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 3 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Bathroom
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2400
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 2344
  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Water Frontage In Feet: 303
  • Waterfront Name: Shagawa
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

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

Utilities

  • Power Company: City Of Ely
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 300 x 243 x 164
  • Estimated Number of Acres: 1.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Telephone, Level
  • Parcel Number: 465-0051-00020, 00030
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jun 6, 2018
Sold by
Bulinskl Gregory P and Estate Of Emery S Sullnski
Bought by
Asmus Jason R and Asmus Amver R
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$446,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,693
Avg. Annual Appreciation
1.63%
Original Mortgage
$296,250
Outstanding Balance
$255,666
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$191,027

Purchase Details

Closed on
Aug 28, 2013
Sold by
Bulinski Emery S and Bulinski Dolores P
Bought by
Bulinski Emery S
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
Asmus Jason R $395,000 Northeast Title
Bulinski Emery S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asmus Jason R $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $395,000 0.0% $165 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $395,000 -- $165 / 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 $3,848 $398,200 $129,200 $269,000
2023 $3,848 $458,100 $140,000 $318,100
2022 $3,524 $366,700 $128,000 $238,700
2021 $3,770 $304,400 $104,000 $200,400
2020 $3,444 $304,200 $104,000 $200,200
2019 $2,848 $299,400 $104,000 $195,400
2018 $2,674 $253,200 $102,000 $151,200
2017 $2,498 $239,300 $97,200 $142,100
2016 $2,504 $221,200 $92,600 $128,600
2015 $2,538 $251,200 $104,600 $146,600
2014 $2,514 $251,200 $104,600 $146,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    135 Total Sales

    Trish Bulinski
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6032715

APN: 465005100020

Minnesota St Louis County Ely 55731

1950 W Shagawa Rd, Ely, MN

Not Listed for Sale

Detached

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