NOT LISTED FOR SALE

2046 Rockwood Way Ely, MN 55731

Estimated Value: $153,254 - $271,000

1 Bed
1 Bath
360 Sq Ft
$612/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $55,000 $153 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,231/month

151 Days on Market

Highlights

  • New Construction
  • Wood Burning Stove
  • Woodwork
  • Memorial High School Rated 9+
  • Eat-In Kitchen
  • Landscaped with Trees

About This Home

As of May 2013

Enjoy your own piece of Ely, Minnesota, nestled in the quiet woods north of Shagawa Lake, variety of birds and wildlife. This three-year-old cabin was built to keep you safe from the elements yet allow you to feel a part of the wilderness at the same time. Duel heat of a wood-burning Jotul stove and an electric wall unit keep you warm in the winter months, while the shade of the surrounding trees keeps you cool in the summertime (window air-conditioner included). Autumn is a feast for the eyes and the soul on this wooded property. A short walk up the gravel road allows for a wonderful view of Shagawa Lake, while the colors of the hardwoods and the scent of the crisp clean air and pines has you longing for the season not to end. The gravel road which divides the property is plowed in the wintertime, and nearby ski & snowshoe trails are waiting to be explored. This cabin has buried cable electricity, along with DSL providing good internet service." Property has been approved for septic.

Last Agent to Sell the Property

Lori Schulze

Wildwoods Land Company Listed on: 10/19/2012

Last Buyer's Agent

Lori Schulze

Wildwoods Land Company Listed on: 10/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • 2010

Lot Details

  • 3.3 Acre Lot
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1 Bedroom
  • 360 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Stove
  • Eat-In Kitchen

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Handicap Modified
  • Outhouse

Listing and Financial Details

  • Assessor Parcel Number 465-0020-02817

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Ada Features: Sight Impaired
  • Amenities: Natural Woodwork
  • Estimated Number of Acres: 3.3
  • Assessments: Yes
  • Construction: Completed New Construction
  • Parcel Number: 465-0020-02817
  • Stories: 1 Story
  • Taxes With Assessments: 180.06
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 1
  • Room 1: Living Room, 7x7, On Level: Main
  • Room 3: Kitchen, 7x7, On Level: Main
  • Room 5: Master Bedroom, 7x9, On Level: Main
  • Room 6: Bedroom, 6x12, On Level: Upper
  • Finished Above Grade Sq Ft: 240
  • Total Fin Square Footage: 360
  • Total Square Footage: 240

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Outhouse
  • Roof: Metal

Utilities

  • Cooling: Wall, Window
  • Fuel: Electric
  • Heat: Baseboard, Wood Stove

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 3 Acres
  • Lot/Land Description: Low Land, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
May 3, 2013
Sold by
Johnson Barbara J
Bought by
Vasquez Christopher N and Vasquez Martha N
Seller's Agent
Lori Schulze
Wildwoods Land Company
Buyer's Agent
Lori Schulze
Wildwoods Land Company
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$220,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,314
Avg. Annual Appreciation
11.75%
Original Mortgage
$45,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2009
Sold by
Brennan Timothy H
Bought by
Johnson Barbara J

Purchase Details

Closed on
Mar 14, 2008
Sold by
Brennan Timothy H
Bought by
Evergreen Construction Inc

Purchase Details

Closed on
Dec 5, 2007
Sold by
Brennan Timothy H
Bought by
Roderick Matthew M

Purchase Details

Closed on
Nov 16, 2007
Sold by
Brennan Timothy H
Bought by
Sheppard Nicholas S and Sheppard Elizabeth J
Source: Public Records

Range of Values:

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Average Value
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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
Vasquez Christopher N $55,000 Northeast Title Company Ely
Johnson Barbara J $30,000 Northeast Title Company
Evergreen Construction Inc $47,500 Northeast Title Company
Roderick Matthew M $47,500 Northeast Title Company
Sheppard Nicholas S $40,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Christopher N $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $55,000 -15.3% $153 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $64,900 -- $180 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $934 $95,900 $41,400 $54,500
2023 $934 $92,000 $38,000 $54,000
2022 $834 $81,700 $34,800 $46,900
2021 $834 $71,000 $30,200 $40,800
2020 $774 $68,700 $30,200 $38,500
2019 $734 $68,700 $30,200 $38,500
2018 $668 $66,600 $32,300 $34,300
2017 $476 $60,400 $32,800 $27,600
2016 $508 $41,000 $23,500 $17,500
2015 $194 $48,400 $27,800 $20,600
2014 $194 $26,200 $14,100 $12,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lori Schulze

    Wildwoods Land Company

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4410762

REALTOR® Association of Southern Minnesota

APN: 465002002817

Minnesota St Louis County Ely 55731

2046 Rockwood Way, Ely, MN

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