$275,000
SOLD AUG 8, 2016

2168 Passi Rd Ely, MN 55731

2 Beds
0.5 Bath
1,064 Sq Ft
1.2 Acres

Recently Sold

$258 Per Sq Ft

125 Days on Market

Highlights

  • Boathouse
  • Docks
  • Sauna
  • 103 Feet of Waterfront
  • Spa
  • Great Room

About This Home

As of October 2021

Extremely well taken care of 2 bedroom seasonal cabin on glistening Burntside Lake in Ely MN, only 35 feet from the waters edge! Home features fantastic updates like newer roof, windows, and compliant 3BR septic (a plus if you want to add on). Beautiful knotty pine in all of the rooms, easily maneuverable kitchen with plenty of cabinet and countertop space. This lovingly cared for home is ready for instant enjoyment! Even includes a fishing boat & motor and canoe. Boat house, sauna & dressing room, seperate garage, and 20x11 dock and a floating raft to lay on on those lazy summer days round out the outside! Meander up to the sauna and munch on the wild strawberries growing all around the property. Nicely wooded lot, ledgerock outcroppings, and merely mins to Ely. Great place to start making some wonderful memories!

Last Agent to Sell the Property

Andrea Zupancich

Z' Up North Realty

Last Buyer's Agent

Phil Hyde

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1930

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 511x103
  • 103 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Landscaped with Trees

Home Design

  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Gas Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Sauna
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 0.5 Bathroom

Basement

  • Partial Basement
  • Stone Basement

Parking

  • 1 Car Detached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Spa
  • Boathouse
  • Docks

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0170-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Grant McMahon to the Echo Trail - right, Echo Trail to Passi Rd - Left, to firenumber (on left) follow down shared driveway, cabin on right
  • L O1 Office Phone1 Number: 218-827-2288
  • List Price/ Sq Ft: 258.46
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Natural Woodwork, Main Floor Laundry
  • Amenities Exterior: Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 894
  • Below Grade Finished Sq Ft: 170
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: Concrete Block, Stone
  • Estimated Basement Sq Ft: 894
  • Basement Style: Partial, Posts
  • Bathroom 1 Level: main
  • Bathroom Description: 1/2 Main Floor
  • Formal Dining: Combine with Living Room, Informal Dining Room
  • Fireplace: No
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Bedroom
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Dining Room
  • Stories: 1 Story
  • Room 6: Spa/Sauna
  • Room 7: Other
  • Room 8: Great Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1064
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Sauna
  • Road Frontage: County
  • Water Frontage In Feet: 103
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Cement Board
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Concrete
  • 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: 2016-08-08
  • Estimated Lot Dimensions: 511x103
  • Estimated Number of Acres: 1.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High, BWCA Area
  • Parcel Number: 465-0170-00060
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 8, 2021
Sold by
Sharma Matthew Raghu and Matthew Raghu Sharma Revocable
Bought by
Morrow David S and Morrow Susan L
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Karen Zupancich
Edina Realty - Ely
List Price
$605,000
Sold Price
$605,000
Total Days on Market
125
Current Estimated Value
$654,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,239
Avg. Annual Appreciation
2.22%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 8, 2016
Sold by
Tome Arthur E and Tome Jeanne K
Bought by
Matthew Raghu Sharma Revocable Trust
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Member Non
NON-MEMBER
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%

Purchase Details

Closed on
Jan 16, 2001
Sold by
Tome Arthur E and Tome Jeanne K
Bought by
Tome Arthur E and Tome Jeanne K

Map

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 Type Sale Price Title Company
Deed $605,000 Northeast Title Company
Deed $275,000 Northeast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $605,000 0.0% $942 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $605,000 +120.0% $942 / Sq Ft
08/08/2016 08/08/16 Sold $275,000 0.0% $258 / Sq Ft
08/08/2016 08/08/16 Sold $275,000 0.0% $308 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/14/2016 07/14/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $275,000 -- $258 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $3,998 $396,600 $300,400 $96,200
2022 $3,024 $335,700 $255,600 $80,100
2021 $3,234 $260,100 $199,700 $60,400
2020 $3,000 $260,100 $199,700 $60,400
2019 $2,840 $260,100 $199,700 $60,400
2018 $2,816 $252,500 $187,400 $65,100
2017 $2,388 $252,400 $187,300 $65,100
2016 $2,454 $250,000 $187,300 $62,700
2015 $2,464 $245,700 $186,400 $59,300
2014 $2,464 $245,700 $186,400 $59,300
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6020807

APN: 465017000060