NOT LISTED FOR SALE

2102 Twin Lakes Rd Ely, MN 55731

Estimated Value: $340,000 - $580,000

3 Beds
2 Baths
1,859 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $180,000 $97 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,412/month

265 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Pond
  • Memorial High School Rated 9+
  • Contemporary Architecture
  • Recreation Room

About This Home

As of January 2018

Quality built 3 bedroom, 2 bath home on 5 acres approx. 6 miles west of Ely. Plenty of privacy at this end of the road location. Home features cathedral ceilings in the living room and an open floor plan that flows from the kitchen through the dining area and into the comfortable living room. Gorgeous oak cabinets, dishwasher, and plenty of counter space in the kitchen. Master bedroom on the main floor and a full bath. Upstairs is an awesome loft room that can be used as a den, or a bedroom as the present owners do. The walk-out lower level has a nice family/rec room that is finished (except for the ceiling), 2 bedrooms, a 3/4 bath, and a large laundry/utility room. The cedar sided exterior of the home was recently stained, and the interior has been freshly re-painted. Newer roof. Other features include a patio, deck, 2 storage buildings, and a 1 stall plus garage/workshop. Property also has frontage on a scenic pond. Owner reports great sunsets!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 04/18/2017

Last Buyer's Agent

Kerry Davis

Canoe Capital Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1998

Lot Details

  • 5.14 Acre Lot
  • Lot Dimensions are 540 x 400
  • Property fronts a private road
  • Elevated Lot
  • Many Trees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Loft
  • Workshop
  • Lower Floor Utility Room
  • Panoramic Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00302

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, take Hwy 169 west 5 miles to Twin Lakes Road. Turn south onto Twin Lakes Road and follow road to the end. Turn left and follow driveway to the end. (stay left) Shown by appointment only
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 96.83
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Vaulted Ceilings, Drywalls
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1251
  • Below Grade Finished Sq Ft: 608
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1998
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Partially Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 936
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Den/Office, Family/Rec, Workshop
  • Fireplace: No
  • 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: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Loft
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1859
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 1

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: 2017-04-20
  • Estimated Lot Dimensions: 540 x 400
  • Estimated Number of Acres: 5.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High, Pond
  • Parcel Number: 465-0030-00302

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2025
Sold by
Rice Christopher J
Bought by
Ely Area Credit Union
Current Estimated Value
$416,807

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jan 19, 2018
Sold by
Hamilton Robert Lansin and Hamilton Leslie G
Bought by
Rice Christopher J
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Kerry Davis
Canoe Capital Realty, LLC
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$144,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ely Area Credit Union $100,760 --
Rice Christopher J $180,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Christopher J $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $180,000 0.0% $97 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
04/18/2017 04/18/17 For Sale $180,000 -- $97 / 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 $2,422 $243,400 $47,600 $195,800
2022 $2,172 $213,400 $43,200 $170,200
2021 $2,218 $184,700 $36,600 $148,100
2020 $2,054 $176,100 $36,600 $139,500
2019 $1,122 $176,100 $36,600 $139,500
2018 $1,110 $143,300 $40,200 $103,100
2017 $988 $143,300 $40,200 $103,100
2016 $964 $131,900 $38,700 $93,200
2015 $969 $106,500 $31,300 $75,200
2014 $969 $106,500 $31,300 $75,200
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2018

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    170 Total Sales

    Jeff Hway
    Section Image

  • K

    Buyer's Agent in 2018

    Kerry Davis

    Canoe Capital Realty, LLC

    (218) 235-1084

    50 Total Sales

    Kerry Davis
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6028227

APN: 465003000302

Minnesota St Louis County Ely 55731

2102 Twin Lakes Rd, Ely, MN

This home is located at 2102 Twin Lakes Rd, Ely, MN 55731 since 18 April 2017 and is currently estimated at $416,807, approximately $224 per square foot. This property was built in 1998. 2102 Twin Lakes Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

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