$275,000
SOLD AUG 8, 2016

2168 Passi Rd Ely, MN 55731

2 Beds
1 Bath
894 Sq Ft
1.2 Acres

Recently Sold

$308 Per Sq Ft

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Heating System Uses Gas
  • 1 Car Detached Garage

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 License #40149923 Listed on: 07/14/2016

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1930

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 894 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Additional Features

  • Covered patio or porch
  • 1.2 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 465-0170-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,488

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas, Electric
  • Lvt Date: 03/11/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 465-0170-00060
  • Patioporch: Porch, Covered
  • Real Estate Tax: 2488
  • Style: One Story
  • Total Above Grade Sq Ft: 894
  • Type: Residential
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 894
  • Bedroom 1: Size: 11x9, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Range
  • Basement: Crawl, Partial
  • Bedroom 2: Size: 13x8, On Level: Main
  • Bedroom 3: sauna, Size: 10x16, On Level: Main
  • Dining Room: Size: 6.2x10.2, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing
  • Kitchen: Size: 7x12, On Level: Main
  • Living Room: Size: 9.6x17, On Level: Main
  • Lower Level Sq Ft: 724
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 894
  • Other Room 2: boathouse, Size: 9x24, On Level: Main
  • Rec Room: Size: 10.2x9, On Level: Main

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 1 Stall, Detached
  • Garage Capacity: 1
  • Garage Size: 12x20

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Schools

  • School District: Ely-696

Lot Info

  • Lot Size: Dimensions: 511x103
  • Number Of Acres: 1.2
  • Zoning: r

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
Current Estimated Value
$689,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,191
Avg. Annual Appreciation
3.77%

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
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 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: 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 $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

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 128798

Range Association of REALTORS®

APN: 465017000060