NOT LISTED FOR SALE

2008 Chippewa Shores Ely, MN 55731

Estimated Value: $440,000 - $561,000

2 Beds
1 Bath
1,282 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $349,900 $273 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,980/month

42 Days on Market

Highlights

  • 360 Feet of Waterfront
  • Lake View
  • Lake, Pond or Stream
  • Memorial High School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2016

This year round home is nestled in the middle of its property with dramatic ledge rock outcroppings overlooking the lake. The ledge rock on the property forms a perfect patio level for entertaining and drops to a boat landing and swimming area at the sandy shore. The property is heavily wooded and features mature pine and privacy with +/- 360' of shoreline . The 2 bedroom, 1 bath home has a walk out basement with finished family room, utility room and work shop. A grand great room featuring an open floor plan with kitchen, dining, living and wood burning fireplace. The home has an alpine roof, cedar lap siding and covered deck. Detached 2 car garage.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 08/05/2016

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 08/05/2016

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1979

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 360 x 332 x 115 x 252
  • 360 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Lake Views

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • Lake, Pond or Stream
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0077-00130/00140

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Hwy 1 out of Ely south to County Rd 655 and take a left then follow to Chippewa Shores and take a right and follow to Fire #2008 (5 miles from Ely)
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 272.93
  • Road Maintenance: Public
  • ShorelineCharacteristics: Hard, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Vaulted Ceilings, Foyer Entry
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 952
  • Below Grade Finished Sq Ft: 330
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1979
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Partially Finished, Walkout, Family/Rec Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 952
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Great Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Other
  • Room 7: Foyer
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1282
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Water Frontage In Feet: 360
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2016-10-28
  • Estimated Lot Dimensions: 360 x 332 x 115 x 252
  • Estimated Number of Acres: 1.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy
  • Parcel Number: 465-0077-00130/00140
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 28, 2016
Sold by
Mauser Paul
Bought by
Suddendorf Thomas James and Suddendorf Carol Verna
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$498,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,360
Avg. Annual Appreciation
4.02%
Source: Public Records

Range of Values:

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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
Suddendorf Thomas James $349,900 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $349,900 0.0% $273 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $349,900 -- $273 / 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
2023 $4,064 $407,800 $241,300 $166,500
2022 $3,604 $407,800 $241,300 $166,500
2021 $3,726 $311,500 $185,000 $126,500
2020 $3,516 $311,500 $185,000 $126,500
2019 $3,218 $311,500 $185,000 $126,500
2018 $3,034 $286,800 $180,400 $106,400
2017 $3,060 $272,300 $172,600 $99,700
2016 $3,520 $272,300 $172,600 $99,700
2015 $3,539 $319,500 $201,900 $117,600
2014 $3,539 $320,000 $202,400 $117,600
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulze

    Seller's Agent in 2016

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    123 Total Sales

    Lori Schulze
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6024496

APN: 465007700130

Minnesota St Louis County Ely 55731

2008 Chippewa Shores, Ely, MN

This home is located at 2008 Chippewa Shores, Ely, MN 55731 since 05 August 2016 and is currently estimated at $498,260, approximately $388 per square foot. This property was built in 1979. 2008 Chippewa Shores is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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