NOT LISTED FOR SALE

1999 Somero Rd Ely, MN 55731

Estimated Value: $898,000 - $1,870,000

2 Beds
2 Baths
1,128 Sq Ft
$1,366/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,187,500 $1,053 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,588/month

773 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Spa
  • Memorial High School Rated 9+
  • Docks
  • Panoramic View

About This Home

As of October 2020

Stunning Burntside property with over 16 acres of pine-laden land and 1500 feet of pristine sand beach. The property is meticulously cared for and features a Huisman built Timber frame cottage, heated garage with upstairs office, and lakeside boathouse. Finished with cedar lap siding and cedar shakes fitting in quietly to the natural surroundings. The west-facing home is filled with huge windows capturing the beauty of the surrounding lake, woods, and sunsets; bringing the Northwoods inside. The main level features an open living area, with a contemporary kitchen, dining area, sitting room, laundry area, master bedroom and 3/4 bath, and generous entry area. Off of the dining are patio doors leading to the lakeside stone patio area. This year round home is evenly heated with zoned, dual-fuel in-floor heat. There is a natural fieldstone framed fireplace, a true characteristic of our Northwoods. Upstairs is a second bedroom and 3/4 bath, both bedrooms have beautiful west facing lake views overlooking Burntside Lake. There is ample land to build a larger home on the property if desired. Landscaped with beautiful perennial gardens, stone patio, and walkways, within a diverse forest including huge red and white pines. The beautiful ledge rock ridge provides an amazing natural buffer, creating an incredibly private and peaceful setting. Make this your lake place escape for recreating and quiet leisure.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 07/06/2018

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC Listed on: 07/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,746

Year Built

  • Built in 2000

Lot Details

  • 16.1 Acre Lot
  • Lot Dimensions are 1500 x 400
  • Private Waterfront
  • 1,500 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Open Floorplan
  • Finished Basement Bathroom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Patio
  • Rain Gutters

Utilities

  • Dual Heating Fuel
  • Hot Water Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02340

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,746

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 169 east to Co. Rd. 88 (Grant McMahan Blvd.) Turn left and follow to the Echo Trail. Turn right onto the Echo Trail and follow to Somero Road. Turn left onto Somero Road and follow to 1999.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hot Tub, Vaulted Ceilings, Drywalls, Foyer Entry
  • Amenities Exterior: Dock, Hot Tub, Patio, Gutter/Downspout
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 1128
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Hot Water, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom Description: 3/4 Basement, 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Room 7: Bathroom
  • Room 8: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1128
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 1500
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

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

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Drain Field
  • Water: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1500 x 400
  • Estimated Number of Acres: 16.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Landscaped, Tree Coverage - Heavy, Telephone, High, Level
  • Parcel Number: 465-0020-02340
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 13746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 1, 2020
Sold by
Brady Carl R and Brady Nancy A
Bought by
Joern Mark William and Joern Emily Porter
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$1,187,500
Sold Price
$1,187,500
Current Estimated Value
$1,540,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,357
Avg. Annual Appreciation
5.03%
Original Mortgage
$890,625
Outstanding Balance
$770,532
Interest Rate
1.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$770,325
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
Joern Mark William $1,187,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joern Mark William $890,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $1,187,500 0.0% $1,053 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/06/2018 07/06/18 For Sale $1,187,500 -- $1,053 / 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 $19,328 $1,752,500 $1,442,400 $310,100
2023 $19,328 $1,645,100 $1,360,500 $284,600
2022 $15,210 $1,392,100 $1,155,500 $236,600
2021 $17,810 $1,187,700 $981,400 $206,300
2020 $16,278 $1,295,900 $1,089,600 $206,300
2019 $13,746 $1,295,900 $1,089,600 $206,300
2018 $13,634 $1,134,900 $967,600 $167,300
2017 $13,756 $1,135,100 $967,800 $167,300
2016 $14,196 $1,135,100 $967,800 $167,300
2015 $14,113 $1,185,500 $1,018,200 $167,300
2014 $14,113 $1,174,900 $1,010,200 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6076790

APN: 465002002340