$315,300
SOLD AUG 24, 2016

2044 Chippewa Shores Ely, MN 55731

3 Beds
2 Baths
2,090 Sq Ft
1.8 Acres

Recently Sold

$151 Per Sq Ft

122 Days on Market

Highlights

  • 485 Feet of Waterfront
  • Lake View
  • Recreation Room
  • Memorial High School Rated 9+
  • Deck
  • Lake, Pond or Stream

About This Home

As of April 2020

White Iron Lake home that faces West for beautiful Northern MN sunsets over the water. Can you see it? Great year round home with 3 bedrooms and 2 baths. Many updates include new windows, roof, furnace and central air. Large open kitchen flows into the living room that includes large windows that face the lake. The lower walkout level has a finished family room with a bar, bathroom and utility/laundry area. Mature pine surround the 1.8 acre lot for ultimate privacy. Level yard leading down to the 485 +/- feet of shoreline. Ledge rock outcropping on the north edge of property could make a perfect spot for a screen gazebo near the lake. Paved driveway and 2 stall detached garage. White Iron Lake is part of chain of lakes that includes Farm Lake, Garden Lake, South Farm lake, and Kawishiwi River which gives you access into the Boundary Water Canoe Area Wilderness.

Last Agent to Sell the Property

Catherine Braun

Wildwoods Land Company Listed on: 02/22/2016

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1975

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 485x300x68x500
  • 485 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Deck

Farming

  • Loafing Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0077-00220

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely take Hwy 1 to South White Iron Road on the left. Continue to Chippewa Shores Road and follow to fire # 2044
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-3665
  • List Price/ Sq Ft: 150.86
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1100
  • Below Grade Finished Sq Ft: 990
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1975
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bath, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1100
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: lower level
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Rec Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2090
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Loafing Shed
  • Road Frontage: County, Paved
  • Water Frontage In Feet: 485
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-08-24
  • Estimated Lot Dimensions: 485x300x68x500
  • Estimated Number of Acres: 1.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, High, Level, BWCA Area
  • Parcel Number: 465-0077-00220
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Contract for Deed, Conventional

Tax Info

  • Tax Amount: 4298

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%
Current Estimated Value
$634,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,600
Avg. Annual Appreciation
18.89%
Original Mortgage
$173,200
Outstanding Balance
$156,426
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$393,676

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
6.33%
Original Mortgage
$315,300
Interest Rate
3.43%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $315,300 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,200 New Conventional
Previous Owner $315,300 VA
Previous Owner $210,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $216,500 +3.1% $131 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $210,000 -33.4% $127 / 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: 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 $4,430 $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

    47 Total Sales

    Ryan Belt
    Section Image
  • Andrea Zupancich

    Buyer's Agent in 2020

    Andrea Zupancich

    z' Up North Realty

    (218) 749-0159

    462 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: Lake Superior Area REALTORS®

MLS Number: 6020467

APN: 465007700220

Minnesota St Louis County Ely 55731

2044 Chippewa Shores, Ely, MN

This home is located at 2044 Chippewa Shores, Ely, MN 55731 and is currently priced at $315,300, approximately $150 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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