NOT LISTED FOR SALE

2208 Highway 1 Ely, MN 55731

Estimated Value: $385,000 - $523,000

4 Beds
3 Baths
2,300 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $360,000 $157 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,630/month

9 Days on Market

Highlights

  • 50 Acre Lot
  • Recreation Room
  • Ranch Style House
  • Memorial High School Rated 9+
  • Vaulted Ceiling
  • No HOA

About This Home

As of June 2022

Spacious 4-bedroom, 3-bath country home on +/- 50 acres just 2 miles from Ely! This home offers the ultimate in privacy with the convenience of being close to town. The main floor features 3 generous bedrooms, a master bath, another full bath and main floor laundry. The open concept kitchen / dining / living room is a great place to gather with the large windows and vaulted ceilings. An added bonus is the 3-season porch off the dining area which overlooks the beautiful Northwoods. The full basement features a ¾ bath, a large bedroom, an office, multiple storage rooms and huge unfinished rec. room. To top it off, there’s a 3-stall garage complete with workshop, more storage and a fenced dog kennel area. Adjoins public land.

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 03/30/2022

Co-Listed By

Anna Yahnke

Bear Island Realty LLC

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 2003

Lot Details

  • 50 Acre Lot
  • Lot Dimensions are 1600 x 1300
  • Property fronts a private road
  • Kennel
  • Many Trees

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Metal Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • 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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Separate Outdoor Workshop
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Fuel Tank
  • Private Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 465-0010-00180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: South on Hwy 1 from Ely +/- 2 miles to address on Left.
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Vaulted Ceilings, Main Floor Laundry
  • Mfg And Park Info Construction Type: Manufactured (Post-6/'76)
  • FinFootageAboveGrade: 1600
  • Below Grade Finished Sq Ft: 700
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles, Metal
  • Room 10: Den/Office
  • Room 11: Storage Room
  • Room 12: Storage Room
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 4
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Basement
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Basement Features: Partially Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Master, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Porch
  • Room 8: Laundry Room
  • Room 9: Rec Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2300
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Kennel, Storage Shed, Workshop
  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Energy Windows, Vinyl Frame

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1600 X 1300
  • Estimated Number of Acres: 50
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 465-0010-00180

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 3, 2022
Sold by
Visser Darren L and Visser Karla D
Bought by
Cascone Michael E and Cascone Nicole L
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$443,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,397
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Nov 7, 2012
Sold by
Visser Darren L
Bought by
Visser Darren L and Visser Karla S D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,710
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Skurauskis Michele A and Skurauskis Donald
Bought by
Visser Darren

Purchase Details

Closed on
May 4, 2001
Sold by
Skurauskis Donald and Skurauskis Michele A
Bought by
Mangold Greg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cascone Michael E $360,000 Northeast Title Company
Visser Darren L -- First American Els
Visser Darren $23,251 --
Mangold Greg $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Visser Darren L $93,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $360,000 0.0% $157 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $360,000 -- $157 / 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
2024 $3,680 $388,100 $112,800 $275,300
2023 $3,680 $302,300 $102,100 $200,200
2022 $2,074 $261,000 $92,300 $168,700
2021 $2,128 $224,400 $77,600 $146,800
2020 $1,962 $216,000 $77,600 $138,400
2019 $1,756 $216,000 $77,600 $138,400
2018 $1,740 $204,200 $85,600 $118,600
2017 $1,594 $204,200 $85,600 $118,600
2016 $1,562 $189,700 $82,400 $107,300
2015 $1,570 $166,700 $75,000 $91,700
2014 $1,570 $166,700 $75,000 $91,700
Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2022

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    168 Total Sales

    Kate Davies
    Section Image
  • Anna Yahnke

    Seller Co-Listing Agent in 2022

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    177 Total Sales

    Anna Yahnke
    Section Image
  • Lori Schulze

    Buyer's Agent in 2022

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101918

APN: 465001000180

Minnesota St Louis County Ely 55731

2208 Highway 1, Ely, MN

Not Listed for Sale

Detached

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