NOT LISTED FOR SALE

2044 Chippewa Shores Ely, MN 55731

Estimated Value: $512,000 - $591,000

3 Beds
1 Bath
1,100 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $216,500 $197 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,448/month

20 Days on Market

About This Home

As of April 2020

Just imagine sitting out over the lake this summer and watching the sunset over White Iron Lake. This 3 bedroom home is spread out over an open yard with wide views of the lake. With an open floor plan and large deck, this lake home was built to entertain! Property was built prior to 1978 and lead-based paint potentially exists. This property may qualify for Seller Financing (Vendee).

Last Agent to Sell the Property

Ryan Belt

Iron Country Realty License #40277624 Listed on: 03/12/2020

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 7, 2020
Sold by
Secretary Of Veterans Affairs
Bought by
Lovich Milen Newton and Lovich Linda Lorraine
Seller's Agent
Ryan Belt
Iron Country Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
List Price
$210,000
Sold Price
$216,500
Premium/Discount to List
$6,500
3.1%
Total Days on Market
20
Current Estimated Value
$548,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,953
Avg. Annual Appreciation
19.95%
Original Mortgage
$173,200
Outstanding Balance
$156,426
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$392,027

Purchase Details

Closed on
Sep 10, 2019
Sold by
Pnc Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
Feb 22, 2016
Closed on
Aug 24, 2016
Sold by
Zupancich Robert and Zupancich Debra Jean
Bought by
Wiekert Martin A
Seller's Agent
Catherine Braun
Wildwoods Land Company
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$315,300
Sold Price
$315,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$315,300
Interest Rate
3.43%
Mortgage Type
VA
Source: Public Records

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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
Lovich Milen Newton -- None Available
Secretary Of Veterans Affairs -- None Available
Wiekert Martin A $315,300 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovich Milen Newton $173,200
Previous Owner Wiekert Martin A $315,300
Previous Owner Zupancich Robert P $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $216,500 +3.1% $197 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $210,000 -33.4% $191 / Sq Ft
08/24/2016 08/24/16 Sold $315,300 0.0% $151 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $315,300 -- $151 / 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
2023 $4,430 $445,100 $265,800 $179,300
2022 $3,924 $445,100 $265,800 $179,300
2021 $4,200 $339,800 $203,800 $136,000
2020 $3,544 $339,800 $203,800 $136,000
2019 $274 $339,800 $203,800 $136,000
2018 $190 $345,300 $203,700 $141,600
2017 $340 $327,500 $194,900 $132,600
2016 $4,298 $327,500 $194,900 $132,600
2015 $4,368 $384,800 $228,200 $156,600
2014 $4,368 $384,800 $228,200 $156,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ryan Belt

    Iron Country Realty

    (218) 410-9009

    50 Total Sales

    Ryan Belt
    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2020

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    467 Total Sales

    Andrea Zupancich
    Section Image

  • C

    Seller's Agent in 2016

    Catherine Braun

    Wildwoods Land Company

  • N

    Buyer's Agent in 2016

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 139026

Range Association of REALTORS®

APN: 465007700220

Minnesota St Louis County Ely 55731

2044 Chippewa Shores, Ely, MN

This home is located at 2044 Chippewa Shores, Ely, MN 55731 since 12 March 2020 and is currently estimated at $548,453, approximately $498 per square foot. This property was built in 1975. 2044 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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